Enterprise Risk Management is a comprehensive approach to corporate risk

Indicate whether the statement is true or false


TRUE

Business

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The process of selecting one or more market segments to enter is called market ________

A) targeting B) dominance C) positioning D) segmentation E) research

Business

Which of the following is a reason why an automated purchasing system is beneficial?

a. It applies preloaded specifications and materials lists to the system. b. It automatically flags invoices that do not reconcile with purchase orders. c. It creates change orders and analyzes variances from purchase orders. d. All of the above.

Business

To take advantage of the massive amount of data now available, sophisticated analysis techniques called ________ are becoming a priority for many firms

A) data mining B) prospecting C) cold calling D) data warehousing E) data tallying

Business

When a company charges the same rate to ship a product anywhere in the United States, it is using which form of pricing?

A) freight absorption B) F.O.B. factory C) F.O.B. origin D) uniform delivered E) basing-point

Business