It is important to find the right balance between outsourcing and in-sourcing
Indicate whether the statement is true or false
FALSE
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The competitive advantage of a new venture is _______________.
a. rarely sustainable b. a distinctive factor that gives the venture a clearly superior position relative to competitors c. protected by a trustworthy team d. most often a low price
Which of the following is a business situation in which linear programming (LP) models can be used appropriately?
a. A manager of a production line wants to minimize the total production and inventory cost while meeting the sales demands for products. b. A financial analyst wants to maximize the return on an investment with a limited budget for stocks and bonds. c. A marketing manager wants to maximize the customer lifetime value with a limited advertising budget. d. A logistics manager wants to minimize the total transportation cost for products and raw materials while meeting customer demands for those products. e. All of the above business situations can be modeled with LP models.
Debt securities issued by the U.S. Treasury that are due in one year or less are called ________
Fill in the blank(s) with the appropriate word(s).
In October, Ashton Co ordered machines from Ross Tool to secure propellers onto airplanes. Delivery was set for December. In November, Clyde told Ashton that its propeller supplier could not ship propellers that would fit the Ross machines. Ashton told Ross that it was canceling the contract for the machines. Ross may sue:
a. Clyde for breach to recover additional expenses not compensated by a resale or salvage b. Clyde for breach to recover additional expenses not compensated by a resale or salvage—but only if thecontract is governed by the CISG c. Ashton for breach to recover additional expenses not covered by the resale or the salvage d. Ashton for punitive damages only e. but will get nothing, it's stuck