Costs associated with holding inventory include hidden costs, such as low employee motivation.

Answer the following statement true (T) or false (F)


True

Business

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Companies that define their missions in terms of products or technologies are considered myopic primarily because ________

A) products and technologies result in low returns on investment B) consumer preferences with regard to products and technology are difficult to predict C) consumer preferences for different product categories vary from time to time D) products and technologies eventually become outdated E) most consumers are not comfortable using sophisticated technology during the buying process

Business

In the face of all the controversy that surrounds affirmative action in many countries; what has generally been the courts opinion?

a. Supportive b. Mixed c. Unsupportive d. No general trend, case by case judgements

Business

Batch-level costs do not vary with the number of units produced.

Answer the following statement true (T) or false (F)

Business

A push-pull supply chain strategy

A. is the most cost competitive supply chain strategy to use. B. does not rely on sales forecasts. C. allows the firm to take advantage of manufacturing and transportation economies of scale. D. relieves the firm of having to incur inventory costs. E. produces more accurate sales forecasts.

Business