Choose the incorrect choice regarding the descriptions of the primary functions of inventories. (1). Pipeline inventory: inventories traveling from one location to another (2). Seasonal inventories: inventories accumulated during low sales periods and depleted during high usage periods (3). Safety stocks: inventories used to absorb random demand uncertainties
a. (1) c. (2) and (3)
b. (2) d. None of the above
D
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Harold Timmons is in a position to close a large sale if he conceals certain information that the customer needs to make an intelligent buying decision
Harold's sales manager encourages him to withhold the information and says, "You will not be breaking any law." Which of the following statements would most likely help Harold in this situation? A) A salesperson's ethical sense must extend beyond the legal definition of right and wrong. B) Cooling-off laws prevent customers from being harmed by unethical salespeople. C) The code of ethics established by management justifies all ethical and unethical choices. D) The firm's moral tone is established by salespeople who have daily customer contact. E) An action is ethical if a salesperson can defend it successfully to a group of peers.
The government can get access to an individual's stored e-mail pursuant to a legitimate criminal
investigation without a search warrant. Indicate whether the statement is true or false
A key for developing project cost estimates is to:
A) Cost the project while considering the total package. B) Cost the project on a work package and task basis. C) Cost the project on a major module basis. D) Cost the project and add 33% for contingency.
Genetic engineering has had a positive impact on the pharmaceutical industry. This is an example of which type of general environmental trend?
A. economic B. technological C. political and legal D. demographic