What are the advantages and disadvantages of a grid layout?
What will be an ideal response?
The grid layout is cost-efficient. There's less wasted space with the grid layout than with other layouts because the aisles are all the same width and designed to be just wide enough to accommodate shoppers and their carts. The use of high shelves for merchandise enables more merchandise to be on the sales floor compared with other layouts. Finally, because the fixtures are generally standardized, the cost of the fixtures is low.
One limitation of the grid layout, from the retailer's perspective, is that customers typically aren't exposed to a lot of the merchandise in the center store, which limits unplanned purchases. The center store refers to the middle of each aisle, where most grocers and other retailers using a grid layout stock seemingly less compelling or exciting products, though ones that consumers still require.
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Doran Corp has a current ratio of 6 . Under which of the following scenarios might this indicate a problem?
a. inventories are increasing due to the introduction of a new product b. the company is holding cash in expectation of making a large investment in equipment c. receivables are increasing due to increasing sales d. inventories are increasing and the industry in which Doran Corp. operates is experiencing a recession
Which of the following is one of the four components of ethical leadership?
A. moral sensibility B. moral judgment C. moral turpitude D. moral morality
If a project has an internal rate of return of 14% and a positive net present value, which of the following statements is true regarding the discount rate used for the net present value computation?
A) The discount rate must have been greater than 14%. B) The discount rate must have been less than 14%. C) The discount rate must have been equal to 14%. D) The discount rate must have been 0%.
When speaking and corresponding with people from other cultures
a. assume that the statements you have read about the culture are true b. expect others to adapt to your communication style c. be careful about using humor d. none of the above