As part of their alliance relationship, Northwest Airlines and KLM Royal Dutch set air fare prices jointly and coordinate flight schedules. Normally, such behavior would be considered harmful to competition, but the U.S
government has granted the two airlines special exemptions from laws concerning:
A) intellectual property.
B) antitrust.
C) jurisdiction.
D) licensing.
E) arbitration.
B
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To link major sections of a presentation, what should be used?
A) One or two transitional words B) Complete sentences or paragraphs C) A summary of what has been said and what is to come D) A questions and answer session E) A new handout or other visual aid
Answer the following statements true (T) or false (F)
Relevance and reliability are the primary characteristics that standard setters should be concerned with.
Which of the following is likely true for suppliers using a just-in-time (JIT) delivery system?
A. They can have long order lead times. B. They need not share information over computer networks. C. They can have facilities far away from their customers. D. They need to respond to customers' production schedules. E. They cannot make smaller or more frequent deliveries.
Marshall Inc. recently hired your consulting firm to improve the company's performance. It has been highly profitable but has been experiencing cash shortages due to its high growth rate. As one part of your analysis, you want to determine the firm's cash conversion cycle. Using the following information and a 365-day year, what is the firm's present cash conversion cycle? Average inventory =$75,000 Annual sales =$600,000 Annual cost of goods sold =$360,000 Average accounts receivable =$160,000 Average accounts payable =$25,000
A. 120.6 days B. 126.9 days C. 133.6 days D. 140.6 days E. 148.0 days