________ means the shortening or collapsing of marketing channels due to the elimination of one or more intermediaries, which is common in the electronic channel.
A. Creating assortments
B. Reducing transactions
C. Outsourcing
D. Channel integration
E. Disintermediation
Answer: E
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Which of the following could not possibly be a closing entry?
a. Debit Income Summary and credit Dividends. b. Debit Income Summary and credit Retained Earnings. c. Debit Retained Earnings and credit Dividends. d. Debit Retained Earnings and credit Income Summary.
Which barrier to collaboration occurs when people are unwilling to share?
A. The hoarding barrier B. The search barrier C. The transfer barrier D. The not-invented-here barrier
A costing method that involves ongoing efforts for continuous improvement to reduce product costs, increase product quality and improve the production process after manufacturing activities have begun is referred to as ______________________________
Fill in the blank(s) with correct word
Operations scheduling applies only to manufacturing, because services do not allow inventories
Indicate whether the statement is true or false