Many companies have broadened their buying objectives to include an emphasis on
A. diversifying their product lines and brand extensions to reduce the risk of failure for any one item.
B. proactively purchasing from minority-owned suppliers and vendors.
C. purchasing from start-up firms to grow the economy.
D. pricing freezes to maintain consistent quantities demanded from consumers.
E. purchasing from as many vendors as possible to avoid component shortfalls.
Answer: B
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In a town in Georgia, the McDonald's restaurant was required by ________ to have no sign taller than 8 feet, no arches, and no garish or bright colors on the outside of the building.
A. common maintenance codes B. trading area codes C. blue laws D. licensing requirements E. building codes
Which of the following types of charts are correctly paired with its description?
A. C-charts are used to monitor countable occurrences, such as the number of nonconformities or defects per unit. B. P-charts are used to monitor the timing of defects or errors in a product or service. C. C-charts are used to monitor the timing of defects or errors in a product or service. D. P-charts are used to monitor the defects in random natural events.
The opening Chapter 7 scenario involving General Mills illustrated ________
A) the fact that legal counsel usually ignores public relations counsel B) the ever-contentious relationship between the disciplines of law and public relations C) the food giant's heavy-handed approach to those who engaged with the brand D) the contentious relationship between consumers and the company
In a draft transaction, the drawee is the party who ________
A) demands the draft B) pays the money stated in a draft C) writes an order for a draft D) receives the money from a draft