Because today's workers have a better understanding of processes than they did in the past, companies can use more complex processes today than they did in the past.
Answer the following statement true (T) or false (F)
False
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It has been observed that most new products have shorter product life cycles. What is the reason for this?
A) Most new products do not use technology. B) Most new products are not backed by a marketable idea. C) New products do not get adequate management support. D) Social and governmental constraints lead to this failure. E) Rivals quickly copy products that are successful.
All of the following influence the motivation of group members EXCEPT ______.
A. expectancy B. instrumentality C. valence D. foresightedness
The effort to sell better-quality products is called:
A) upselling B) cross-selling C) full-line selling D) logrolling E) leveraging
Based on the following data for the current year, what is the inventory turnover? Net sales on account during year $500,000 Cost of merchandise sold during year 330,000 Accounts receivable, beginning of year 45,000 Accounts receivable, end of year 35,000 Inventory, beginning of year 90,000 Inventory, end of year 110,000
A) 3.3 B) 8.3 C) 3.7 D) 3.0