Which of the following is not one of the broad features of the ideal future procurement organizational model?
a. A flatter hierarchy for faster decision making and freer flow of ideas along with joint ventures and alliances with key supply chain members.
b. Requirement of having cost accounting personnel present on all cross-functional teams
c. Increased use of center-led structures that enable consolidation of common purchases coupled with decentralization of unique and transactional buying activities.
d. Co-location of purchasing personnel with internal customers that will provide lower costs and improved service.
e. Rotation of business managers across business units and functional groups.
b
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Greg Provenzo owns and runs a Blockbuster video store. Greg is implementing a drive-thru rental process that is the same as you would find at a fast-food restaurant. Customers can pick-up and drop-off their videos without leaving their cars. Greg's new system has become so popular that Videos Plus, a competitor down the street, is attempting to recreate Greg's video drive-thru rental process. Greg's system is an example of a _________.
A. Supply chain power. B. First-mover advantage. C. Business processing strategy. D. Business intelligence.
Which of the following statements is not a responsibility of the shopping center property management firm?
A. Maintain the parking lots. B. Ensure that the parking lot has good lighting. C. Create special events to attract customers to the shopping center. D. Maintain the outdoor signage for the shopping center. E. Provide temporary holiday sales staff for retailers.
The Uniform Commercial Code (UCC) signature requirement indicates that a negotiable instrument must be signed by the drawer if it is a certificate of deposit
Indicate whether the statement is true or false
A significant trend affecting business has been the bringing of defamation suits against former employers by discharged employees. Such suits comprise approximately what share of all defamation lawsuits?
a. One fifth. b. One fourth. c. One third. d. One half.