Procurement includes the processes that control the distribution, maintenance, and replacement of materials and personnel to support the supply chain.

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


False

Logistics includes the processes that control the distribution, maintenance, and replacement of materials and personnel to support the supply chain.

Business

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The only way to obtain protection for a trademark is by registering the trademark with the U.S. Patent and Trademark Office.

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

Business

What is “grit” and why is it important in recruiting?

What will be an ideal response?

Business

Sjostrom Corporation has provided the following contribution format income statement. Assume that the following information is within the relevant range.   Sales (7,000 units)$280,000Variable expenses 182,000Contribution margin 98,000Fixed expenses 84,000Net operating income$14,000If the variable cost per unit increases by $10, spending on advertising increases by $1,500, and unit sales increase by 15,800 units, the net operating income would be closest to:

A. $91,200 B. $5,700 C. $12,500 D. $114,100

Business

The cosmetics industry in the district of Dunkenburg has many competing companies that sell personal care products. However, each company manufactures products that correspond to different income groups, and these products have different uses. The market structure of the cosmetics industry in Dunkenburg exemplifies _____.

A. pure competition B. monopoly C. monopolistic competition D. oligopoly

Business