Sourcing a product overseas may have
A) higher product cost and will generally incur a higher inbound transportation cost.
B) higher product cost but will generally incur a lower inbound transportation cost.
C) lower product cost and will generally incur a lower inbound transportation cost.
D) lower product cost but will generally incur a higher inbound transportation cost.
Answer: D
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Which of the following is TRUE of good internal controls over payroll?
A) Accounting for payroll should be separate from hiring and firing of employees. B) Disbursement of paychecks should not be separate from the function of maintaining payroll records. C) Hiring and firing employees should not be separated from accounting and from disbursing paychecks. D) Cash receipts from customers should be separated from the accounting for accounts receivable.
Which of the following is an advantage of a wide span of control?
A. Managers have better control of employees. B. Managers are less likely to be overloaded with work. C. fewer opportunities for collaboration D. higher employee morale due to increased responsibility
The accounts receivable turnover is calculated by dividing ________ by ________.
What will be an ideal response?
In which of the following situations can a firm's human resources department contribute to a firm's operational excellence?
A. position the firm's product or service using a clear, distinctive brand image B. hire and train exceptional employees that are willing to go the extra mile for customers C. build customer loyalty through the use of loyalty programs D. establish a high concentration of stores in heavily trafficked areas E. reinforce brand image through merchandise, service, and promotion