Although many sources exist to discover information about a potential supplier, visiting the actual facility provides the most complete way to ensure an accurate assessment of the supplier

a. True
b. False
Indicate whether the statement is true or false


True

Business

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In the organizational process model, decision makers are:

A) Encouraged to forecast the future B) Not acting on the basis of a predetermined vision C) Are neither encouraged to forecast the future, nor acting on the basis of a predetermined vision D) Prevented from forecasting the future and acting on the basis of a predetermined vision

Business

If the ending balance of accounts receivable is less than the beginning balance, it normally means that collections from credit sales were greater than the amount of credit sales

Indicate whether the statement is true or false

Business

Great American Farms Corp. announced that it was selling off its cereals division in order to realign itself more competitively in the marketing of its other products. This is an example of managing the task environment through

A. acquisition. B. divestiture. C. diversification. D. domain selection. E. merger.

Business

Which of the following is NOT identified in the text as a competitive advantage of a mass customization strategy?

A) improvement of the quality of parts produced B) management of customer relationships C) elimination of finished goods inventory D) an increase in perceived value of services or products

Business