Under what circumstances should a company stop saving into a sinking fund?
A) When the firm foresees closure and has no reason to replace depreciating equipment. B) When prices of new equipment are rising dramatically. C) Firms should never stop saving into a sinking fund. D) When technological innovation in the industry is stagnant.
Which of the following statements about the use of computers at the New Balance athletic shoe factory in Maine is true?
A) Skilled employees are using sophisticated computer technology to produce shoes faster than most overseas competitors are producing shoes using low-tech workers. B) Production rates are expected to decrease unless New Balance can find enough domestic workers C) Originally, New Balance used computer technology purely for record keeping. D) It is easy to predict how computer technology will impact New Balance employees. E) New Balance will never be able to use expert computer systems because the shoe industry is so labor intensive and low tech.
The potential benefits of self-managing teams include productivity and quality improvements, production flexibility, and faster response to technological change, but not reduced absenteeism and turnover or improved work attitudes and quality of work life.