Imagine that you want to open your own small business. You will probably be most concerned with having
A. a lot of inventory in the warehouse on opening day.
B. a really good lawyer and an even better accountant.
C. the best Madison Avenue ad agency money can buy.
D. a good source of capital and good management skills.
E. a top-notch marketing consultant and a lot of inventory in the warehouse.
Answer: D
You might also like to view...
When a company issues a long-term non-interest-bearing note payable in exchange for cash and special rights, the difference between the cash proceeds and the present value of the note is recorded as
A) premium on bonds payable. B) unearned revenue. C) interest expense. D) extraordinary loss.
Which of the following is true of goods?
a. They can be produced in a centralized location and be consumed in decentralized locations. b. They tend to be less tangible than services. c. They need to be produced, sold, and consumed at the same time as they are highly perishable. d. They tend to be less standardized and uniform than services.
How do the two main types of technology relate to organizations day to day operation?
What will be an ideal response?
Which of the following statements is true for online reverse auctions?
a. Buyers compete with each other and bid on products. b. Businesses use the e-procurement solution for selecting buyers. c. Buyers submit online competitive bids based on their business requirements. d. Buyers allow suppliers to submit online bids for products/services as specified by the buyer.