Numi shares information with partner firms that are located all around the world. In this case, it is likely to experience high _____.

a. Retrieval costs
b. Communication costs
c. Scanning costs
d. Regulatory costs


b: Communication costs

Numi shares information with partner firms that are located all around the world. In this case, it is likely to experience high communication costs. Communication cost is the cost of transmitting information from one place to another.

Business

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______ is based on the idea that long-run profitability and efficiency of an enterprise depends on the customers’ overall satisfaction with the company’s and its supply chain partners’ products or services.

a. Collaboration-focused supply chain management b. Communication-focused supply chain management c. Customer-focused supply chain management d. Company-focused supply chain management

Business

Brian is a 25 percent partner in the BC Partnership. On January 1, BC distributes $20,000 cash and land with a $16,000 fair value (inside basis $8,000) to Brian. BC has no liabilities at the date of the distribution. Brian's basis in his BC Partnership interest is $16,000. What is the amount and character of Brian's gain or loss on the distribution?

A. $0. B. $12,000 capital gain. C. $4,000 capital gain. D. $20,000 capital gain.

Business

Which of the following is not a suggestion for managing queues presented in the textbook?

A. Try to divert your customer's attention when waiting. B. Train your people to be friendly. C. Periodically close the service channel to temporarily disperse the line. D. Encourage customers to come during the slack periods. E. Segment the customers.

Business

The asset universe is the _____________________.

A. set of investments in which an investment company can legally invest B. existing set of assets the investment company currently owns in one or more of its portfolios C. list of assets approved by the investment committee that may be placed into the investment company's portfolio D. market portfolio of all available risky assets

Business