Unlike the value chain, the supply chain:
A. focuses primarily on the customer.
B. involves providing services after the sale.
C. is primarily oriented toward traditional production relationships.
D. includes activities and processes involved in acquiring customers.
Answer: C
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Answer the following statements true (T) or false (F)
1. The process of getting oriented and getting acquainted with the group is known as the forming stage of team development. 2. Many groups stall in the performing stage of group development. 3. In the storming stage of group development, the leader should encourage members to work through their conflicts about tasks and goals. 4. Group cohesion arises during the forming stage of group development.
A company has provided a sales budget for the next four months (January, February, March, and April). It bases its production budget on the sales budget, and has a policy that each month's ending inventory of finished product must be equal to 25% of the following month's sales needs. The direct materials purchases budget is based on the production budget. The company's policy for each month's
ending inventory of raw materials is that they must be equal to 10% of the following month's production needs for raw materials. Given this information, the company can prepare direct materials purchases budgets for how many months? A) one B) two C) three D) four E) five
Which of the following native digital news sites is owned by AOL?
A. Vox B. Vice C. Reddit D. Huffington Post
Regarding organizational buying, the people who have the power to select or approve the supplier-especially for larger purchases-are called
A. deciders. B. buyers. C. gatekeepers. D. users. E. influencers.