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Questions and Answers
What can firms do with the money generated by value-added?
What can firms do with the money generated by value-added?
- Reduce investment in new facilities
- Reduce worker salaries
- Invest in research and development (correct)
- Decrease profits
Which factor increases with a greater value-added?
Which factor increases with a greater value-added?
- Amount of funds for research and development (correct)
- Worker dissatisfaction
- Decreased investment in new facilities
- Reduced profits
What is an example of psychological value mentioned in the text?
What is an example of psychological value mentioned in the text?
- Research and development
- Worker salaries
- Investing in new equipment
- Branding (correct)
Which of the following is NOT included in Operations Management?
Which of the following is NOT included in Operations Management?
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What aspect is NOT part of Operations Interfaces?
What aspect is NOT part of Operations Interfaces?
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