____ adds time and place utility to a product by moving it from where it is made to where it is purchased and used.

A. Warehousing
B. Containerization
C. Distribution
D. Materials handling
E. Transportation


Answer: E

Business

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Companies HD and LD are both profitable, and they have the same total assets (TA), total invested capital, sales (S), return on assets (ROA), and profit margin (PM). Both firms finance using only debt and common equity. However, Company HD has the higher total debt to total capital ratio. Which of the following statements is CORRECT?

A. Company HD has a lower total assets turnover than Company LD. B. Company HD has a lower equity multiplier than Company LD. C. Company HD has a higher fixed assets turnover than Company LD. D. Company HD has a higher ROE than Company LD. E. Company HD has a lower operating income (EBIT) than Company LD.

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A firm that properly manages cultural diversity can develop cost advantages over firms that do not manage diversity well.

Answer the following statement true (T) or false (F)

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If a jury finds there is comparative negligence in a tort case, which of the following happens:

a. damages are not allowed to be awarded b. part of the injury is held to be the defendant's fault c. the defendant is relieved of any fault d. the judge issues a judgment notwithstanding the verdict e. none of the other choices

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