Which statement regarding responsive supply chains is most accurate?
A. Responsive supply chains rely heavily on information technology.
B. Responsive supply chains always use the least expensive mode of transportation possible.
C. Responsive supply chains rely on large inventory warehouses.
D. Responsive supply chains achieve economies of scale by having all inventory stored and sorted at a central location.
E. Responsive supply chains use slower modes of transportation but faster order processing.
Answer: A
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Which of the following is true of on-air tests?
A. They do not enable firms to identify weak commercials. B. They typically require a laboratory setting to measure effectiveness. C. They work well only under controlled, artificial environments. D. They often include a single-source ad research. E. They do not possess the disadvantages associated with field testing.
A table that contains the raw counts of various relationships possible in a cross-tabulation is called:
A) a frequencies table B) a possibility table C) a Boolean possibility table D) a frequent Boolean possibility table E) a stacked bar table
Which of the following does B Lab hope for with respect to the B Corporation status it created?
a. the encouragement of more nonprofit organization creation through success of B Corporations b. a tax-exempt status for B Corporations c. a new tax class specifically for B Corporations that rewards ethical behavior d. the conversion of all C Corporations to B Corporations
What is the meaning of the acronym 3PL?
A) three profit/loss periods B) three purchasing locations C) three partner leverage D) third party logistics provider