_______________ involves developing and maintaining adequate assortments of products to meet customers' needs.
A. Inventory management
B. Materials handling
C. Warehousing
D. Order management
E. Logistics
Answer: A
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On January 1, Gemstone Company obtained a $165,000, 10-year, 7% installment note from Guarantee Bank. Thenote requires annual payments of $23,492, with the first payment occurring on the last day of the fiscal year. Thefirst payment consists of interest of $11,550 and principal repayment of $11,942 . The journal entry to record theissuance of the installment note for cash on January 1 would
include a a. debit to interest expense for $11,550 b. credit to interest payable for $11,550 c. credit to notes payable for $165,000 d. debit to notes payable for $165,000
The government market consists of schools, hospitals, nursing homes, prisons, and other institutions that provide goods and services to people in their care
Indicate whether the statement is true or false
In determining if a partnership exists, the courts will consider all of the following factors EXCEPT
a. management of the business. b. actions of the persons involved. c. the nature of the business. d. profit.
Corporate Takeover (Scenario)Todd works for SeaLan Tech, an environmental consulting firm that has just been purchased by Zerex, Inc., a biomedical research organization. Based on his early encounters with the new upper management from Zerex, Todd feels that SeaLan is a "lower-key, friendlier" organization. He is concerned that the new company will eliminate SeaLan's old culture, and he does not like the prospects.If you were talking with Todd and asked him what the term culture meant, he would reply that it is ________.
A. the formal rules of an organization B. the nature of products/services offered by the company C. the shared values and practices of the firm D. a set of operational procedures for the company