For backward vertical integration into the business of suppliers to be a viable and profitable strategy, a company must ______.
A. have considerable expertise in supply chain management, transportation logistics, and inventory control techniques.
B. be able to achieve the same scale economies as outside suppliers and also match or beat suppliers' production efficiency with no drop in quality.
C. have large state-of-the-art production facilities so that it can fully capture all economies of scale in producing parts and components.
D. have core competences in R&D, product design and engineering, and distribution logistics so that it will have adequate capabilities to produce and distribute parts and components in a timely and cost-effective manner.
E. have a distinctive competence in production process technology and at least a core competence in manufacturing R&D.
B. be able to achieve the same scale economies as outside suppliers and also match or beat suppliers' production efficiency with no drop in quality.
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Software vendors often promote fast _____ as a selling point, and express it in terms of the short period of time over which the adopting organization can recoup the investment.
A. ROA B. ROC C. ROI D. ROR
Balance sheet values are calculated using compound interest (present value) calculations for all of the following except
A) bonds payable. B) long-term notes receivable. C) long-term lease liabilities. D) deferred income taxes.
Every week, Sophia’s company has to post a job advertisement because someone has resigned. Her company is experiencing
a. normal turnover. b. attrition. c. retention. d. internal burnout.
Of the five behavioral science disciplines, which one has helped organizational behavior with designing performance appraisals and recruitment techniques?
A. psychology B. sociology C. social psychology D. political science