__________is the process of having suppliers provide goods and services that were previously provided internally
A) Insourcing
B) Outsourcing
C) Backward integration
D) Forward integration
B
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David is vested in the pension plan at TynsCorp. In order to receive the benefits, he must be employed by TynsCorp at the time of his retirement.
Answer the following statement true (T) or false (F)
A company had the following purchases and sales during its first year of operations: PurchasesSalesJanuary:10 units at $1206 unitsFebruary:20 units at $1255 unitsMay:15 units at $1309 unitsSeptember:12 units at $1358 unitsNovember:10 units at $14013 units On December 31, there were 26 units remaining in ending inventory. Using the Periodic FIFO inventory valuation method, what is the cost of the ending inventory? (Assume all sales were made on the last day of the month.)
A. $3,540. B. $3,270. C. $3,200. D. $3,445. E. $3,405.
The American petroleum refining industry has experienced serious productivity declines in the past several years. If the industry is to reverse this trend, companies such as Chevron and ExxonMobil, in addition to the government, must take an active role in stimulating productivity. All of the following represent ways to improve productivity except
A. change in government policies that hinder productivity. B. participative management. C. changing work incentives. D. increased government regulation. E. improved relations between union and management.
Equal treatment and opportunity is generally a part of labor policies and principles
Indicate whether the statement is true or false