Managing day-to-day supply management operations is substantially the same as managing longer-term responsibilities
a. True
b. False
Indicate whether the statement is true or false
False
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Which of the following costs should be used when choosing between two decision alternatives? RelevantCostSunkCostOpportunity CostA.NoYesYesB.YesYesNoC.YesYesYesD.YesNoYesE.NoNoYes
A. Choice A B. Choice B C. Choice C D. Choice D E. Choice E
A mission statement is a formal document that describes the organization's overall purpose and what it hopes to achieve in terms of its products, resources, and ________
A) customers B) profits C) employees D) shareholders E) competitors
Jack Masters earns $35,000 a year. His monthly expenses total $1,500. What is the minimum amount of money that Mr. Masters should set aside in an emergency fund?
a. $6,000 b. $3,000 c. $4,500 d. $8,750 e. $1,500
Which of the following statements is FALSE?
A) Water transport is slower than rail. B) Rail transport is more suited to bulky low value items than road transport. C) Pipeline capital costs are high in comparison with other modes. D) Truck transport is suitable for distribution of small volume goods to a dispersed market. E) Air cargo is generally used for low value bulky items.