Target is working with its suppliers using tools such as electronic billing, purchase order verification, bar-code technology, and the like to integrate data to improve overall performance. This is an example of _____.
A. supply chain management
B. vertical marketing systems
C. horizontal marketing systems
D. contractual vertical marketing systems
E. intensive distribution
Answer: A
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Under normal circumstances, a purchasing manager who buys poor quality materials because they were cheaper could potentially be responsible for causing all of the following variances except a(n):
a. Favorable purchase price variance. b. Unfavorable materials quantity variance. c. Unfavorable purchase price variance. d. Unfavorable labor efficiency variance.
Explain assignment of rights
What will be an ideal response?
Your department hired a strategic planning consultant to restructure the workforce. However, you believe that the consultant added no value to the company and simply played back what you wanted to hear. You must write a letter to the president of the consulting company to discuss your dissatisfaction. Which of the following is the BEST approach to your letter?
a. Start with some facts about what the consultant was supposed to do. Enumerate what was done incorrectly. End with a pleasant message expressing your appreciation. b. Start with a statement about your dissatisfaction with the consultant. Continue with a list of things that the consultant did incorrectly. End with a direct statement about how worthless the consultant was. c. Start with some good things that the consultant did. Accentuate the positive and avoid as much negative information as possible. End pleasantly, saying that you hope you can do business again in the future. d. Start with some facts about what the consultant was supposed to do. Mention what the consultant did well, but also be clear about what the consultant did not do well. End with a pleasant message expressing the hope that the information you provided will assist the consulting company.
Which of the following is true of child labor regulations adopted by the U.S. Department of Labor?
A. Children between the ages of 14 and 15 may work unlimited hours in nonhazardous jobs. B. Children between the ages of 16 and 17 may work limited hours in hazardous jobs. C. Children under the age of 14 may work limited hours in nonhazardous jobs. D. Children may work in nonhazardous agricultural jobs, outside of school hours, with parental consent.