Logistics outsourcing refers to a practice in which third-party logistics providers (3PL) manage some of the ______.

A. logistics functions
B. manufacturing functions
C. marketing functions
D. human resources functions


A. logistics functions

Business

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Which one of the following is not a contra account?

a. Accumulated Depreciation b. Sales Discounts c. Transportation-in d. Purchase Returns and Allowances

Business

In the executive opinion method of forecasting, the marketing manager might simply rely on his or her own opinion to predict sales

Indicate whether the statement is true or false

Business

Last year, a soft drink manufacturer had 21% of the market. In order to increase their portion of the market, the manufacturer has introduced a new flavor in their soft drinks. A sample of 400 individuals participated in the taste test and 100 indicated that they like the taste. We are interested in determining if more than 21% of the population will like the new soft drink. a.Set up the null and the alternative hypotheses.b.Determine the test statistic.c.Determine the p-value.d.Using ? = .05, test to determine if more than 21% of the population will like the new soft drink.

What will be an ideal response?

Business

In a special order situation that involves using capacity that is not idle, opportunity costs are zero.

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

Business