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27 Cards in this Set
- Front
- Back
________:expenses that change in proportion to the level of production
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Variable overhead expenses
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_______: expenses they do not change in proportion to the level of production
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Fixed overhead expenses
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________:managing the entire organization so that it excels in all dimensions
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Total quality management
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________:ongoing efforts to make improvements in every part of the organization
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continous improvement
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______:"good change"continuous and relentless improvement
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Kaizen
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_______:making employee responsible for the quality of their work
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Quality at the Source
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_____:method of predicting the quality of a batch or large group of products
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acceptance sampling
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________:schedules materials arrive and leave as they are needed
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Just-in-time inventory
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__________:optimal number of units to order at one time
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economic order quantity
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____________:exchange of goods by different countries
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International trade
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_______:difference between that value of the goods a country exports and value of imports
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balance of trade
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_______:value of one currency in terms of another
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Foreign exchange rule
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___________:tax on imports
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tariffs
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___________:restrictions on the quantity of a good that can enter a country
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Quota
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_______:involves stopping the flow of exports to imports form a foreign country
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Embargos
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_________:region within which trade restrictions are reduced or eliminated
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Free trade area
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_______: allows businesses in United States, Mexico and canada to sell their products anywhere in the North America without facing major trade restrictions
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North American Free Trade Agreement
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________:company’s pool resources to achieve common goals
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Strategic alliance
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Types of Change?
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1. Technological
2. Environmental 3. Internal |
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_______:type of change, new equipment and new processes
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Technological change
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________:– non-technological changes outside the organization
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Environmental change
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______:type of change, budget adjustments, policy, personal
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Internal Change
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Lewis 3 step Model
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1. unfreezing
2.presenting 3.refreezing |
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________:managed form the top to increase organizational performance through planned interventions
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Organizational development
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______:illegal to monopolize trade
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sherman act
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_______:illegal change price to customers
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Clayton act
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_______:bans unfair or deceptive acts or practices (false advertising)
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Wheeler act
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