The final step of the business-to-business buying process is a formal vendor performance analysis.

Answer the following statement true (T) or false (F)


True

In this final step, the selected vendor's performance is evaluated in order to decide whether or not to give the vendor additional business in the future.

Business

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How does Sterman’s model differ from Nadler and Tushman’s model?

a. Nadler and Tushman’s model considers more perspectives of the organization b. Nadler and Tushman focus on alignment; Sterman focuses on the consideration of a wide variety of variables at play c. Nadler and Tushman’s model considers dynamic forces; Sterman’s model encourages linear thinking d. Nadler and Tushman’s model relies on fit to drive decision making; Sterman’s model stresses causal thinking

Business

Unethical behavior erodes trust, but has no effect on cooperation in organizations.

Answer the following statement true (T) or false (F)

Business

An act that is not wrongful or unfair may constitute duress

a. True b. False Indicate whether the statement is true or false

Business

Lewis, Inc had the following balances and transactions during 2016:

Beginning Merchandise Inventory 150 units at $80 March 10 Sold 50 units June 10 Purchased 300 units at $82 October 30 Sold 130 units What would be reported as Cost of Goods Sold on the income statement for the year ending December 31, 2016 if the perpetual inventory system and the weighted-average inventory costing method are used? (Round the unit costs to two decimal places and total costs to the nearest dollar.) A) $22,005 B) $32,600 C) $14,595 D) $10,595

Business