Which of the following is a main activity of the sales process?
A) procurement
B) payment
C) storage
D) manufacturing
B
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A major drawback of using a low-cost provider strategy is
A. capturing volume gains and achieving economies of scale. B. relying on approaches to reduce costs that can be easily copied. C. development of cost-saving technological breakthrough that cannot be readily adopted by rival firms. D. beneficial and sustainable cost reduction. E. industry cost leadership.
After need recognition, a business develops ________ that suppliers might use to develop their proposals.
A. product specifications B. initiator instructions C. focal alternatives D. determinant attributes E. derived demand
Stock price maximization requires _____.
A. sale of high-quality goods and services at the highest possible prices B. efficient, low-cost plants that produce high-quality goods and services C. the development of products that can be sold at a higher price to consumers D. investment in high-cost plants to manufacture efficiently E. investment in one business establishment to cut the operational cost of multiple establishments
The most basic level in Kerzner's project management maturity model is:
A) Common language. B) Common processes. C) Initial process. D) Ad hoc.