One of the benefits of EDI is that it can reduce lead time, which is
A. the time between when finished goods leave the manufacturer until the time they arrive, floor-ready, at the retailer.
B. the time from when an RFP is announced to the time a consumer purchases the finished product.
C. the time from when funds are committed for purchase of raw materials to the time when the payment for the finished goods is actually received.
D. the time between the decision to place an order and the receipt of the merchandise.
E. the time between when an item is sold to a customer and when a replacement is made available for purchase by another customer.
Answer: D
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Ethical behavior refers to conducting yourself in the proper manner and treating others fairly.
Answer the following statement true (T) or false (F)
In project management, PERT (program evaluation and review technique) ______.
A. uses a weighted average of optimistic, pessimistic, and most likely estimates to calculate the expected duration for an activity B. uses a deterministic approach to calculate the expected duration for an activity C. uses a simple average of optimistic, pessimistic, and most likely estimates to calculate the expected duration for an activity D. uses a most likely estimate to calculate the expected duration for an activity
Which of the following is an accurate description of wrongful dishonor of a check?
A) A bank refusing to honor a properly payable check when there are sufficient funds in the drawer's account. B) A bank refusing to honor a certified check when it is presented for payment more than a year from its date of issue. C) A bank refusing to honor a check which has been outstanding for only a few days more than six months from the date of issue. D) A bank refusing to honor an ordinary check when it believes that the payee has altered the amount on the check.
List three ways to organize a résumé and describe when each résumé is appropriate