Competitive rivalry based solely on ________ is destructive to firms as it transfers most of the value created in the industry to the customers.
A. promotional campaigns
B. price-cutting
C. new product releases
D. product differentiation
Answer: B
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Restrictive governments often reduce or eliminate citizen access to the Internet and social media sites in order to:
A. Increase bandwidth for government usage. B. Impose religious or ideological views. C. Suppress political dissent. D. Both of these answers are correct: Increase bandwidth for government usage; and suppress political dissent.
The Trey Co sells $75,000 of accounts receivable to a factor and receives 90% of the value of the factored accounts less a 15% commission based on the gross amount of factored accounts receivable. After the journal entry to record this factoring transaction is made, Trey Co's total assets will be
A) reduced by $67,500. B) reduced by $7,500. C) reduced by $11,250. D) increased by $41,000.
A television station donates a commercial to announce a local blood drive. This is called:
a. joint advertising b. public service advertising c. sales promotion d. publicity e. personal marketing
Shipments of Product Q from a plant to a wholesaler are made in lots of 400. The wholesaler's average demand for Q is 150 units per week. Lead time from plant to wholesaler is 5 weeks. The wholesaler pays for the shipments when they leave the plant
The plant has proposed several new lead time and lot size options to the wholesaler (see table below). If the wholesaler's goal is to minimize total cycle plus pipeline inventories, which option should the wholesaler select? OPTION SHIPMENT LOT SIZE PLANT-TO- WHOLESALER LEAD TIME CURRENT 400 5 1 500 4 2 800 3 3 1,000 2 A) option #1 B) option #2 C) option #3 D) remain with the current option