In what kind of processes does electronic data interchange (EDI) expedite the delivery of accurate information?
EDI expedites the delivery of accurate information in the following processes, among others:
a . Transaction acknowledgments
b. Financial reporting
c. Invoice and payment processing
d. Order status
e. Purchasing
f. Shipping and receiving
g. Inventory management and sales forecasting
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Define sale-variance analysis and microsales analysis
What will be an ideal response?
To minimize the effects of uncertainty due to lead times, MRP systems incorporate ______.
A. safety stock B. safety lead time C. planned released orders D. increase in production
Which of the following is most likely a benefit of keeping a journal?
A. documenting ideas for future speeches B. providing information for key followers C. considering actions in a subjective way D. quantifying important strategic decisions
Which of the following strategies makes no sense?
A. An employee exercises stock options early and sells the stock. No dividends are expected B. An employee exercises stock options early and keeps the stock. No dividends are expected C. An employee exercises stock options early and sells the stock. Dividends are expected D. An employee exercises stock options early and keeps the stock. Dividends are expected.