Many firms are using outsourcing or third-party logistics to better focus on their core business.
Answer the following statement true (T) or false (F)
True
Recently, many e-commerce (and other) firms are finding that handing over one or more of their core internal functions, such as most or all of their supply chain activities, to other (third-party) companies that are experts in those areas allows the firm to better focus on its core business. This approach, which is referred to as outsourcing or third-party logistics (3PL), is attractive for many firms whose own core competencies do not include these elements.
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A rule that establishes maximum length of work shifts for air traffic controllers demonstrates an agency imposing a regulation
a. True b. False Indicate whether the statement is true or false
Which of the following statements is CORRECT?
A. If a firm increases its sales and cost of goods sold while holding its inventories constant, then, other things held constant, its inventory turnover ratio will decrease. B. A reduction in inventories held would have no effect on the current ratio. C. An increase in inventories would have no effect on the current ratio. D. If a firm increases its sales and cost of goods sold while holding its inventories constant, then, other things held constant, its inventory turnover ratio will increase. E. A reduction in the inventory turnover ratio will generally lead to an increase in the ROE.
The impact of a viral event on a business can be easily predicted
Indicate whether the statement is true or false
Export credit insurance protects an exporter against the possibility of a foreign importer's default on payment when there is a lack of a letter of credit
Indicate whether the statement is true or false.