As products move through the marketing channel, channel members provide specialization and division of labor, overcome discrepancies, and provide contact efficiency.
Answer the following statement true (T) or false (F)
True
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Which of the following are elements of context?
a. the number of leaders in an organization b. cultural or geographic circumstances c. the number of managers in an organization d. the degree to which managers and leaders communicate with each other
Capacity planning can be influenced by ______.
A. product packaging requirements B. demand volatility C. product price D. product quality
The learning and growth perspective of Sweetcake Restaurant shows increasing customer satisfaction as an objective. Which of the following will be an appropriate performance measure of this objective?
A) Number of new chefs trained in each department B) Order delivery time C) Percentage growth in sales D) Percentage growth in profit
If we are ordering materials from an outside vendor, then the total inventory-related cost on an annual basis is ______.
a. the sum of (total annual ordering cost) and (total annual holding cost) less the sum of (total annual stock-out cost) and (total annual materials purchase cost) b. the ratio of the sum of total annual ordering cost and total annual holding cost to the sum of total annual stock-out cost and total annual materials purchase cost c. the product of the sum of total annual ordering cost and total annual holding cost to the sum of total annual stock-out cost and total annual materials purchase cost d. the sum of total annual ordering cost + total annual holding cost + total annual stock-out cost + total annual materials purchase cost