_____ is might be the best choice for standard items, where the requirements are well understood and there is common agreement between supply chain partners about what certain terms mean
a. Description by market grade
b. Description by brand
c. Description by performance characteristics
d. Use of prototypes
e. Description by specification
a
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A rise in the real interest rate, everything else remaining unchanged, will cause business investment spending to
A. decline. B. not change. C. rise. D. rise at first, then decline later.
A record containing all the separate accounts for a company as well as all of their balances is called the________
Fill in the blank(s) with the appropriate word(s).
Collins Company uses 12,000 units of a part in its production process. The costs to make a part are: direct material, $15; direct labor, $27; variable overhead, $15; and applied fixed overhead, $32 . Eichholtz has received a quote of $60 from a
potential supplier for this part. If Collins buys the part, 75 percent of the applied fixed overhead would continue. Collins Company would be better off by a. $30,000 to manufacture the part. b. $348,000 to buy the part. c. $60,000 to buy the part. d. $216,000 to manufacture the part.
In 2017, it came to light that in order to meet its demanding profit target, Wells Fargo put such pressure on its employees to hit sales quotas that many employees responded by fraudulently opening customer accounts. Characterize Wells Fargo's corporate culture. How did its culture undercut its strategy execution effort? What lessons about the importance of culture to the strategy execution effort can be learned from this situation?
What will be an ideal response?