Which one of the following statements on inventory placement of finished goods is BEST?
A) Forward placement might help reduce transportation cost.
B) Forward placement is consistent with a competitive priority that calls for customization.
C) Inventory pooling should be avoided when demand in various regions fluctuates month to month.
D) Backward placement is consistent with a competitive priority that calls for fast delivery times.
A
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Which of the following is not one of the reasons that control is needed in an organization?
A. To adapt to change and uncertainty. B. To eliminate the need for teamwork. C. To detect opportunities. D. To deal with complexity. E. To decentralize decision making.
The IASB is a branch of the FASB
a. True b. False Indicate whether the statement is true or false
The pattern of organization for a living system is ______.
A. sequential B. the configuration of relationships that determine the systems essential characteristics C. sporadically produces itself D. a mechanical process
Tim mails an offer to Brian on June 15 . Brian receives the offer on June 16 . Tim mails a revocation of the offer on June 17 . Brian mails a letter of acceptance on June 18 . Brian receives the revocation on June 19 . Tim receives the letter of acceptance on June 20 . Was a contract formed?
a. Yes, on June 16. b. Yes, on June 18. c. Yes, on June 20. d. No, the offer was revoked before acceptance.