Which of the following is NOT true of order fulfillment?

a. It is the process by which a company responds to customer orders.
b. It includes all the activities from the initial contact with the customer to the delivery of that order.
c. It is a critical logistics activity.
d. It is heavily regulated by the government.


d. It is heavily regulated by the government.

Business

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The excess of divisional income from operations over a minimum amount of desired income from operations is termed the residual income

Indicate whether the statement is true or false

Business

A patent was purchased from a competitor for $50,000 cash on January 1 of this year. The patent has 10 years remaining in its legal life and will have value to the company for 4 years. The amortization entry for the year will require a credit to the Patent account for:

a. $12,500 b. $10,000 c. $5,000 d. $2,941 e. $1,250

Business

Activity R on a CPM network has predecessors M and N, and has successor S. R has duration 5. N's late finish is 18, while M's is 20. S's late start is 14. Which of the following is definitely true?

A) R is critical and has zero slack. B) R has no slack but is not critical. C) The set of times cannot all be possible. D) N is a critical activity. E) S is a critical activity.

Business

Michelle eventually finds a problem that has no cut-and-dry solution. The problem is unique and is unlikely to occur again. This problem is _____________in nature.

A. Structured. B. Nonprogrammed. C. Scheduled. D. Programmed

Business