Which of the following is NOT a component of the supply chain?
A) order fulfillment
B) materials
C) customer relationship
D) competitors
D
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Which of the following may not be equal to the contract rate of interest?
A) stated rate B) nominal rate C) face rate D) effective rate
We often see advertisements touting a product as being made with natural ingredients, or being long-lasting. Marketers using these types of promotions are positioning their products based primarily on
A. product attributes. B. profitability. C. competitive comparisons. D. the value proposition. E. symbols.
The proportionality feature of linear programming models assumes that the contribution of decision variables to the objective function is proportional to their values
a. True b. False
Lance has a contract with Smith to resurface a driveway at the Smith residence. Lance by mistake stops at the Jones residence and resurfaces Jones' driveway. Jones lives next door to Smith and knows that Lance is at the wrong residence. Jones, however,
says nothing and watches while Lance resurfaces his driveway. Is Jones under any contractual obligation to pay Lance for resurfacing his driveway? Explain your answer.