Ex-Works is a short way to say
A. letters of credit.
B. consignment.
C. an open account.
D. shipment transferred to seller at factory.
E. cash in advance.
Answer: D
You might also like to view...
Eli Lilly has agreed to let a South African company manufacture several of Eli Lilly's diabetes drugs and pay Eli Lilly a fee to distribute the drugs with a different brand name in South Africa. Eli Lilly is engaging in
A. licensing. B. franchising. C. countertrading. D. a strategic alliance. E. a greenfield venture.
Which of the following is one of the main purposes of an MRP system?
A. Decrease labor requirements. B. Determine the amount of materials needed to produce each end item. C. Stimulate the work force. D. Educate personnel in basic work rules. E. Increase inventory accuracy.
Based on your knowledge of the company, what would you consider to be Miller’s competitive position in the light beer business and GE’s position in the appliance business?
What will be an ideal response?
The two vital ongoing activities necessary for creating boundaryless organizations that managers today must concern themselves with are
A. product marketability and capital structure. B. market share and shareholder value. C. financial returns and marketplace value. D. type of structure, mechanisms, processes, and techniques for enhancing permeability.