An organization with a ________ maintains arm's-length relationships with vendors and is primarily focused on reducing the total spending
a. supply management orientation
b. procurement orientation
c. value orientation
d. buying orientation
d
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A strong interest in achieving only substantive outcomes tends to support which of the following strategies?
A. avoidance B. accommodating C. collaborative D. competitive
Outlook Department Store's accounts receivable balance after posting net collections from customers for 2012 is $180,000. The customers took advantage of sales discounts of $15,000. Management aged the accounts receivable and estimate for uncollected account percentages as follows: $90,000 Current at 2% $50,000 1-30 days past due at 5% $30,000 31-60 days past due at 10% $10,000 60+ days past due
at 25% The net realizable value of the accounts receivable is: A) $173,200. B) $170,200. C) $172,700. D) $180,000.
As Kim moves up the chain of command in an organization, which skill would she use more of?
a. Conceptual b. Technical c. Leading d. Human
According to Modigliani and Miller, a firm's value is determined solely by the earning power and risk of its assets and that the manner in which it splits its earnings stream between dividends and internally retained funds does not affect this value
Indicate whether the statement is true or false