The type of business products known as support products includes installations, industrial services, supplies, and ________.
A. materials
B. accessory equipment
C. components
D. derived products
E. complementary products
Answer: B
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Which of the following is not a principle of lean manufacturing?
a. Products are pushed from the production end to the customer b. All activities that do not add value and maximize the use of scarce resources must be eliminated c. Achieve high inventory turnover rate. d. A lean manufacturing firm must have established and cooperative relationships with vendors e. All of the above are lean manufacturing principles.
The product warranty liability is an example of an estimated liability
Indicate whether the statement is true or false
Both primary and secondary data may be used to solve a research problem, but primary data are more important than secondary data
Indicate whether the statement is true or false
It was during the market-oriented era that firms first discovered "marketing." In what timeframe did this occur?
A. shortly before the Great Depression B. during the civil rights movement C. during the Roaring Twenties D. around the turn of the 20th century E. just after World War II