A just-in-time strategy ______.
a. reduces investment in inventory and reduces space requirements
b. increases investment in inventory but reduces space requirements
c. increases investment in inventory increases space requirements
d. reduces investment in inventory but increases space requirements
a. reduces investment in inventory and reduces space requirements
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What is the best reason for retailers to develop and maintain relationships with multiple and sometimes competing suppliers?
A. A function of retailers is to provide assortments, so they must deal with a variety of suppliers. B. A more efficient supply chain occurs when multiple vendors are involved. C. A variety of vendors assures more profit. D. By working with multiple suppliers, retailers tend to make better negotiators. E. It would be unethical for a buyer to solely work with one supplier.
The microenvironment consists of larger societal forces that affect a company, such as demographic, economic, political, and cultural forces
Indicate whether the statement is true or false
Which element below is defined as the understanding of skills, knowledge, and strengths that enable a person to make choices and initiate work tasks?
a. Purposefulness b. Self-determination c. Resolve d. Capability
In a straight commercial loan funds are typically used for what time period?
A. 180 days B. Up to one year C. Less than 30 days D. 30-90 days