The ________ is the average units of demand that are not satisfied from inventory in stock per replenishment cycle
A) ROP
B) ESC
C) EOQ
D) CSL
Answer: B
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Strategy formulation is the process of
A. gaining information about competition and then selecting which information to react to. B. choosing among different strategies and altering them to best fit the organization's needs. C. strategically controlling your employees' actions. D. selecting the employees who best fit the organization. E. developing a strong diversity plan.
Martha is a 40 percent partner in the MMM Partnership, with an outside basis of $50,000. MMM distributes $40,000 cash and accrual-basis accounts receivable with a basis and fair market value of $20,000. Martha does not recognize gain or loss on the distribution and takes a basis in the cash of $40,000 and a basis in the receivables of $10,000.
Answer the following statement true (T) or false (F)
Briners Cafe promotes their products as a "quick snack for a busy life" in the United States, and advertises the same products as "cheap and delicious" in the Asian countries
In this case, the product marketing strategy used by Briners is referred to as ________. A) product adaptation/communication extension B) product extension/communication adaptation C) dual extension D) dual adaptation
According to the text, which of the following is not one of the developments that is encouraging managers to consider organizational designs such as reengineering, virtual corporations, and horizontal corporations?
A. A growing customer preference for custom-made rather than mass-produced products. B. Increased diversity of cultures and countries. C. Faster technological change. D. The rapidly changing business environment caused by increased global competition. E. Pressure to maintain alignment between the organization and its global and hypercompetitive environment.