What is the term for the situation in which a company does not have enough inventory available to fill an order?
A. stockout
B. shortage
C. overrun
D. obsolete inventory
E. put-away
Answer: A
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Market researchers collect information on what consumers like and dislike about products through interviews with consumers and retailers.
Answer the following statement true (T) or false (F)
Which of the following is a use of secondary data?
A) to determine the population and growth rate in almost any geographical area B) to evaluate market performance C) to help make public policy decisions D) to predict broad changes in a culture's "way of life" E) all of the above
What is the FIRST step in keeping negative emotions from getting out of control during conflicts?
A. engage constructively B. cool down C. slow down D. find a conflict partner
Answer the following statement(s) true (T) or false (F)
1. Businesses can utilize computers effectively only in the areas of record keeping and inventory control. 2. Spreadsheets are wonderful for asking “what if?” questions. 3. Lotus Notes is a collaboration tool that enables workers who are dispersed to work together in real time on documents and projects. 4. The only problem that firms utilizing very public networks (VPN) encounter is the threat of invasion of privacy. 5. Enterprise resource planning (ERP) systems are very complex, very expensive, and often require a change in organizational culture.