Describe radio-frequency identification technology
What will be an ideal response?
Radio-frequency identification (RFID) technology can be used to identify and track items in the supply chain. As small and as cheap as a grain of rice, RFID chips broadcast data to receivers that can display and record the data. In the supply chain domain, suppliers put RFID chips on the outside of boxes and shipping pallets so that when those boxes get to their destination, the receiving company can know the contents of the box without opening it. This makes tracking inventory faster and cheaper for all collaborating companies in a supply chain.
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The trustee for the Bronson Corporation pension sent a report to the CEO with the following information for the fiscal year: Beginning balance of plan assets at fair value$1,560,000 Actual return on plan assets$210,000 Employer's contribution$150,000 Distributions to retirees$75,000 Service cost$125,000 Interest cost$156,000 Loss from changes in benefits or assumptions$35,000 Beginning balance of the PBO$1,580,000 The ending balance of the projected benefit obligation (PBO) is:
A. $1,971,000. B. $1,730,000. C. $1,896,000. D. $1,821,000.
Buyers who face a ________ usually go through all stages of the buying process
A) straight rebuy B) modified rebuy C) new task buying situation D) routine buying situation E) need for limited problem solving
The organizational dimension of diversity primary deals with ______.
a. preference for interaction style with others b. employment characteristics c. leadership style d. membership in cultural institutions
Damages to be awarded to an injured party in case of a breach of contract may be determined by the parties in advance and stated in the contract. These damages are called
a. substantial damages. b. inconsequential damages. c. liquidated damages. d. equitable damages.