By buying in large quantities and delivering to customers in smaller lots, a wholesaler may perform physical distribution activities more efficiently than a producer.
Answer the following statement true (T) or false (F)
True
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If a marketing researcher decides to use a Likert scale, the researcher has chosen a technique wherein the respondent reviews a statement that shows the amount of agreement/disagreement with some product, service, or concept
Indicate whether the statement is true or false
The type of buyer-supplier relationship in which buyers and sellers make many relationship-specific adaptations, but without necessarily achieving strong trust or cooperation is termed as ________
A) customer is king B) mutually adaptive C) collaborative D) contractual transaction E) customer supply
Which types of questions should be asked about a company's relationship with financial institutions?
a. Is a significant part of the company's income or revenues derived from one or two large transactions? b. Has management placed unreasonable demands on the auditor, including unreasonable time constraints? c. Has significant "short selling" of the company's stock occurred? If so, for what reasons? d. Is the organization highly leveraged through bank or other loans?
Answer the following statement(s) true (T) or false (F)
1. Lean implementation can cause discomfort and stress among some employees. 2. Terminating those employees who are below average in productivity is one of the tenets of the philosophy of lean. 3. Reverse logistics is a task involved in order processing and delivery. 4. An area in which Lean Six Sigma has been applied is the implementation of creative thinking.