Companies should first think of the target market and then design the supply chain backward from that point. This strategy is called ________
A) demand chain planning
B) resource planning
C) external channel planning
D) materials planning
E) strategic business planning
A
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Answer the following statements true (T) or false (F)
1. According to communication scholars, the terms group and team are synonymous. 2. The process of symbolic convergence affects decision making. 3. The requisite functions in functional theory must be completed in order. 4. Group communication is different from other forms of communication because there is a balance between task and socioemotional communication. 5. Until there is a common task, a number of people grouped together are known as an aggregate.
Granfield Company is considering eliminating its backpack division, which reported an operating loss for the recent year of $42,000. The division sales for the year were $960,000 and the variable costs were $475,000. The fixed costs of the division were $527,000. If the backpack division is dropped, 40% of the fixed costs allocated to that division could be eliminated. The impact on Granfield's operating income for eliminating this business segment would be:
A. $485,000 decrease B. $274,200 increase C. $210,800 increase D. $485,000 increase E. $274,200 decrease
One of the most important and challenging questions confronting managers today is how to lay the foundation for tomorrow's success while competing to win in today's business environment.
Answer the following statement true (T) or false (F)
Generally speaking, managers feel better about themselves when they behave ethically
a. True b. False Indicate whether the statement is true or false