________ is an approach for improving supply chain efficiency in which the vendor is responsible for maintaining the retailer's inventory levels in each of its stores.

A. Efficient consumer response (ECR)
B. Vendor-managed inventory (VMI)
C. Reverse logistics
D. Quick Response (QR) system
E. Collaborative planning, forecasting, and replenishment (CPRF)


Answer: B

Business

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Which of the following are used to evaluate whether a manager is acting in an ethical manner?

A. assessment and penalties B. bonuses and penalties C. job descriptions D. reward and evaluation systems

Business

The following information is available for Fenton Manufacturing Company at June 30:   Cash in bank account$11,455 Inventory of postage stamps$74 Money market fund balance$10,400 Petty cash balance$350 NSF checks from customers returned by bank$867 Postdated checks received from customers$791 Money orders$290 A nine-month certificate of deposit maturing on December 31 of current year$6,000 Based on this information, Fenton Manufacturing Company should report Cash and Cash Equivalents on June 30 of:

A. $22,495 B. $28,495 C. $23,286 D. $12,095 E. $29,286

Business

Typically, ________ is the easiest marketing mix element to change.

Fill in the blank(s) with the appropriate word(s).

Business

On June 30, 2017, Nightvale, Inc. purchased merchandise inventory for $500,000 by signing a six-month, 8% note payable. Prepare the journal entry for the payment of the note on December 30, 2016

What will be an ideal response

Business