A(n) ________ system continuously links the activities of buying, making, and moving products from suppliers to purchasing firms, as well as integrating order entry systems.
A. EDI
B. ERP
C. CPFR
D. SCM
Answer: D
Business
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The following is from Goldman Inc's 2015 income statement. Purchases $182,000 Transportation-In 11,000 Inventory, January 1, 2015 26,500 Inventory, December 31, 2015 28,800 Purchase Returns and Allowances 8,400 How much will Goldman report as cost of goods purchased in its 2015 income statement?
a. $184,600 b. $193,000 c. $201,400 d. $211,100
Business
A ______ approach is useful in making revisions.
a. modular b. chunking c. rewind d. critical
Business
When the total fixed costs decrease, the contribution margin per unit ________.
A) increases B) decreases C) remains the same D) decreases proportionately
Business
Management theories evolved as methods to enhance achieving product quality and standards.
a. True b. False
Business