Reverse logistics refers to the movement and storage of returned goods.
Answer the following statement true (T) or false (F)
True
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A $18 credit to Sales was posted as a $180 credit. By what amount is the Sales account in error?
A. $180 understated. B. $162 overstated. C. $18 understated. D. $162 understated. E. $180 overstated.
________ are agents who take physical possession of products and negotiate sales. They deal mostly with agricultural marketing
A) Industrial distributors B) Cash-and-carry wholesalers C) Purchasing officers D) Rack jobbers E) Commission merchants
An area that has too few retail stores to satisfy its population's needs is _____
a. saturated b. understored c. not reaching its economic base potential d. located at the point of indifference
As a result of global competition, many companies ______.
a. lost their competitive edge and market share b. realized the importance of operations strategies c. adopted total quality management d. all of these