The value chain only encompasses the retailer and the final consumer
Indicate whether the statement is true or false
False
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When evaluating alternatives, what type of costs should be considered?
A. Relevant costs B. Fixed costs C. Prevention costs D. Sunk costs
Comparing activity-based management (ABM) and lean operations, all of the following are correct except
a. both identify value-adding and nonvalue-adding activities. b. ABM uses a more complex accounting system. c. both are activity-based systems. d. JIT focuses on the accuracy of cost assignment.
A company that wants to keep its customers from switching brands would be most likely to select a ________ strategy
A) new brand B) line extension C) multibranding D) co-branding E) licensing
When Maja, an attorney and a U.S. citizen, crosses the border between the United States and Canada, she expects the U.S. Department of Homeland Security to search her laptop. To avoid disclosing confidential client data during the search, Maja could
a. keep client files on a device that she does not take abroad. b. carry client files abroad only in hard copy. c. refuse to consent to a border search of her laptop. d. assert her right to be free from unwarranted government intrusion.