According to Porter's model, cost of transportation is one of the five forces that influence industry competition

Indicate whether the statement is true or false


FALSE

Business

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Customers often take their business to competitors if they feel they have received poor service and complacency, inappropriate complaint resolution, or unmet needs from one's company.

Answer the following statement true (T) or false (F)

Business

While auditing the financial statements of Forble Corp. (which are to be included in a Securities Act registration statement), Ernie, a certified public accountant, fails to review any of Forble's journal entries, does not read the details of meetings of the board of directors, and does not even speak with the comptroller of Forble. Consequently, Ernie does not discover that substantial loans, which went unmentioned in the financial statements, had been made to Forble officers. As a result, the registration statement omits any mention of the loans. Assuming the omitted fact is a material one and that Ernie is not an officer or director of Forble, does Ernie face potential liability under Section 11 of the Securities Act of 1933? Discuss the reasons for your answer.

What will be an ideal response?

Business

Hybrid layouts ______.

A. are also known as combination layouts B. combine the advantages of make-to-order and engineer-to-order C. are inexpensive compared to process layouts D. combine the advantages of product and straight-line layouts

Business

Management science modeling techniques focus on model construction and problem solution

Indicate whether this statement is true or false.

Business