The supply chain includes
A. producers, wholesalers, and retailers.
B. suppliers, producers, intermediaries, and customers.
C. suppliers and suppliers' suppliers.
D. all entities that facilitate product distribution.
E. buyers, sellers, marketing intermediaries, and agents.
Answer: D
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Multinational enterprises (MNEs) like Harley-Davidson, Rolex, and Starbucks are said to be following an international strategy because
A. they are highly responsive to the local needs and preferences of customers in the host countries. B. they attempt to combine benefits of localization and standardization strategies simultaneously. C. they pursue a cost leadership strategy in their respective industries. D. they offer the same products or services in all their stores throughout the world.
Based on a predicted level of production and sales of 12,000 units, a company anticipates reporting operating income of $26,000 after deducting variable costs of $72,000 and fixed costs of $10,000. Based on this information, the budgeted amounts of fixed and variable costs for 15,000 units would be:
A. $12,500 of fixed costs and $90,000 of variable costs. B. $10,000 of fixed costs and $72,000 of variable costs. C. $12,500 of fixed costs and $72,000 of variable costs. D. $10,000 of fixed costs and $90,000 of variable costs. E. $10,000 of fixed costs and $81,000 of variable costs.
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Please describe a transaction channel as part of the logistics channels