American Express pioneered the concept of Six Sigma as an approach to measuring product and service quality
a. True
b. False
Indicate whether the statement is true or false
False
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Every business transaction is recorded by a debit to a balance sheet account and a credit to an income statement account
a. True b. False Indicate whether the statement is true or false
The product of market demand, market share, average selling price, and channel discounts is the ________
A) marketing and sales expenses B) net marketing contribution C) net sales D) operating income E) marketing return on investment
In a just-in-time environment, costs associated with product movement and storage typically decrease, whereas costs of inspection and queue time typically increase
Indicate whether the statement is true or false
Good, inexpensive international communication enables firms to "body shop," that is, transmit computer-oriented tasks worldwide to a cheap but skilled labor force. This is an example of a ________ driver of international business activity.
A. competitive B. technological C. cost D. political technological E. market