When working with suppliers, TechCo provides detailed product specifications to help control the quality of inputs it will receive. This is an example of ________ control.
A. conversion
B. feedforward
C. concurrent
D. feedback
E. output
Answer: B
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The success of a scrambled merchandising strategy is commonly limited by a firm's lack of buying, selling, or servicing expertise in the scrambled merchandise lines
Indicate whether the statement is true or false
A recent study found that more creative people tend to be less ethical. Why is this so?
a. Creative people are better at rationalizing their bad behavior. b. Creative people don't care about profitability. c. Creative people are capable of coming up with more ways to be unethical. d. Creative people are not loyal to the organization.
Marvin starts Marvin's Bike Company in Wheatland, South Dakota. There is one other bike store in Wheatland. Through good business management, Marvin's Bike Company obtains a great deal of market power in Wheatland. This acquisition of monopoly power is
a. a per se violation of Section 1 of the Sherman Act. b. an illegal restraint on trade. c. not an antitrust violation. d. a per se violation of Section 2 of the Sherman Act.
Which of the following is true of the advantages of raising corporate debt through bank loans??
A. ?Capital gains on debt are not taxed. B. ?Costs associated with monitoring debt are low. C. ?Equity capital costs are low. D. ?Corporations are equally inclined to use debt and equity. E. ?The threat of potential bankruptcy is high in equity financing compared to bank loans.