Companies experience loss of explicit and tacit knowledge when older employees retire.
Answer the following statement true (T) or false (F)
True
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The computerization has helped taking physical inventory to a great extent under the periodic inventory system
Indicate whether the statement is true or false
Explain pressure exerted on an organization due to introduction of substitute products
What will be an ideal response?
Which of the following is true of distribution at the decline stage of the product life cycle?
A) Distribution gradually moves from being mostly selective to intensive. B) Main distribution channels are used and alternative channels are dropped. C) Long-channel approaches are facilitated by the high product volumes. D) Distribution is at its most intense in this stage.
Which of the following is considered to be a part of intellectual property?
A) buildings B) vehicles C) business contracts D) patents