An electronic commerce system:
A) is used to transmit information upstream only.
B) can improve the speed and quality of business communication.
C) is used to transmit information downstream only.
D) links everyone in the supply chain except customers.
Answer: B
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Using a freight forwarder usually
A. is not economical for a small firm. B. increases transit time and shipping costs. C. increases transit time and sometimes lowers shipping costs. D. lowers shipping costs for a large firm. E. reduces transit time.
Define and discuss outsourcing
If the owner wanted to know how money flowed into and out of the company, what financial statement would she use?
A) Income Statement B) Statement of Cash Flows C) Balance Sheet D) None are correct.
Random numbers are typically generated on the computer using a numerical technique
Indicate whether this statement is true or false.