Changing the marketing mix can help extend the profitable run of an individual brand
a. True
b. False
Indicate whether the statement is true or false
True
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The cost of doing business is also known as
a. a liability. b. an expense. c. revenue. d. an asset.
Why is it necessary to have a time-phased budget baseline?
A. It reduces fluctuations in cash flow during the project B. It reduces schedule slippage when scheduling multiproject resources C. It allows proper resource allocation D. It shows how much work was accomplished for the money spent E. It is not necessary to have a time-phased budget baseline
Answer the following statements true (T) or false (F)
1. A criterion for selecting suppliers is their employee head count. 2. In online reverse auctions, the buyers allow suppliers to submit online bids for products/services as specified by the buyer. 3. For the fixed-price contracts, the administrative burden of signing the contract is very high. 4. Planned purchase orders are used for purchases made on approximate dates and in specified quantities when inventories run low. 5. Money spent on indirect materials is not as high as money spent on direct materials, but it can still be significant.
Upward communication fosters an environment where employees can offer suggestions and feel they are important to the organization
Indicate whether the statement is true or false