A virtual corporation
A. handles all of its sales using the Internet.
B. does all of its production "in house."
C. looks for capable suppliers who can meet the specs it lays out.
D. has strong capital, but it can only survive if it develops a close relationship (i.e., a partnership) with another firm that has developed a good marketing plan.
E. None of these answers is correct.
Answer: C
You might also like to view...
John Company adopted a defined benefit pension plan on January 1, 2015, and prior service credit was granted to employees. The present value of that prior service obligation as of January 1, 2015 was $1,400,000 and is being amortized by the straight-line method over the remaining 20-year service life of the company's active employees. Additional information relating to the company's pension plan for 2015 is presented below: Annual service cost$132,000 Contribution to the plan (December 31, 2015)390,000 Interest cost10% Expected (and actual) return on plan assets12% ? What amount should be recorded in Prepaid/Accrued Pension Cost when recording the 2015 pension expense and funding at December 31, 2015?
A. $1,200 B. $48,000 C. $87,000 D. $94,800
Which of the following products is best suited for retail distribution through showroom stores?
A) hygiene products B) beverages C) furniture D) medicines
Of the four stages of the conflict process illustrated in the textbook, which element below was not included?
a. Antecedent of conflict b. Discern conflict c. Manifest conflict d. Outcomes of conflict
With regard to a written business plan, what are potential investors are ideally looking for?
a. A 5 page business plan b. A 20-25 page business plan c. A PowerPoint presentation only d. A 100-page business plan