Contracts are always sufficient to govern supplier transactions and prevent supplier opportunism
Indicate whether the statement is true or false
Answer: False
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Which of the following is an example of services differentiation?
A) Berry's has an intensive training program for its customer-facing staff, to ensure a consistent service standard. B) The Swan Hotels use a distinctive signature fragrance in all outlets so that customers can associate the fragrance with the hotel. C) JEK's sophisticated customer database allows the company to handle queries and product returns much faster than competitors. D) RTZ shifted its products from supermarket aisles to exclusive stores as it realized that customers were willing to pay more in stores. E) Hayley's found success by allowing buyers to customize the color and some features of its appliances before buying them.
Assume 4 separate purchases of 100 units of the same item in order at the following prices: 100 @ $0.25 each; 100 @ $0.23 each; 100 @ $0.21 each and 100 @ $0.26 each. An ending inventory count showed 230 of the items still in stock. Under the FIFO method, cost of ending inventory is:
a. $53.90 b. $54.30 c. $59.30 d. $53.40 e. $55.00
Which of the following is true of MySQL?
A) It is offered by Oracle. B) It is license-free for most applications. C) It is a closed-source database product. D) It is yet to be widely adopted.
Scarcity and shortage are interchangeable economic terms
Indicate whether the statement is true or false