Safety stock is the ______.

A. minimal level of inventory that a company seeks to maintain a buffer against the mismatch between forecasted and actual demand
B. level of finished products that a company maintains to take advantage of demand in new markets
C. level of finished products that a company maintains to ensure it is safe from government inspection
D. level of finished products that a company needs to manufacture to ensure the price is protected from increase or decrease


A. minimal level of inventory that a company seeks to maintain a buffer against the mismatch between forecasted and actual demand

Business

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A first-mover advantage occurs when a company is the first to market with a competitive advantage. All of the following companies were first-movers except ________.

A. FedEx - online self-service software B. Microsoft - Bing Search Engine C. Apple - iPad D. Apple - iPod

Business

The illusion that everyone in the group holds the same viewpoint is a symptom of ______.

A. teamwork B. leadership C. groupthink D. all of these are correct

Business

At a company, employees post sexually oriented pictures and tell inappropriate jokes even though some employees have reported being offended. This amounts to _____ harassment

a. quid pro quo c. both a and b b. hostile work environment d. neither a nor b

Business

The Federal Reserve Act required all ________ banks to become members of the Federal Reserve System, while ________ banks could choose to become members of the system

A) state; national B) state; municipal C) national; state D) national; municipal

Business