Which of the following is NOT a common reason for capital rationing?
A) The firm puts a limit on the amount of its investments.
B) Creditors impose capital rationing on firms due to poor performance.
C) Senior executives may be reluctant to issue additional debt, thus limiting capital expenditures.
D) All of the above are reasons in impose capital rationing.
D
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Reusing, recycling, refurbishing, or disposing of broken, unwanted, or excess products returned by consumers or resellers is known as ________
A) cross merchandising B) reverse logistics C) disintermediation D) diverse logistics E) inbound logistics
Work-in-process (WIP) inventory is used ______.
A. as a buffer to increase the chain’s flexibility B. to respond to government requirements C. to meet ISO standards D. to be in compliance with good accounting practices
Which of the following is an informal method used by marketers to evaluate connectors?
A) asking customers and other practitioners to identify promotional channels. B) having connectors answer in-depth, personal questionnaires. C) determining whether connectors will agree to carry product placement messages. D) meeting with each connector on an individual basis. E) hiring an investigative firm to conduct background checks.
Which of the following must be prepared before the direct labor budget?
A. Production budget. B. Selling expense budget. C. Merchandise purchases budget. D. Budgeted income statement. E. Capital expenditures budget.