Ordering costs include ______.

A. warranty costs
B. the cost of inspecting goods received for quality and quantity
C. costs of scrap
D. costs of rework


B. the cost of inspecting goods received for quality and quantity

Business

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List the three key benefits companies get from preparing a budget.

What will be an ideal response?

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Acting in good faith gives a business firm a better chance of defending its actions in court.

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

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Conducting e-commerce where the online channel of a business is integrated with the physical retail business as opposed to being a separate channel best defines

A) referral economy. B) direct marketing. C) considered commerce. D) click-and-mortar retailers.

Business

Northwestern Data Systems has adopted a new organizational approach with regard to information flow, ensuring that employees have access to the data they need, when they need it. Aware of this new approach, Stacy, an administrative assistant working for a manager in the sales department, requests a report regarding disciplinary action on a manager outside her department. Despite the new company policy, her request is denied, most likely because

A) the new approach does not apply to internal matters, but only to customer relations. B) free flow of information is an attitude rather than a guide to specific actions. C) as a policy, free information flow applies only to top management. D) Stacy's supervisor has a responsibility to give information but not a right to receive it. E) neither she nor her supervisor has any demonstrable reason to access such information.

Business