Which of the following is the main factor that has led to the explosion of available data about customers?
a. The increased number of customers
b. The increased number of purchases by customers
c. The increase number of records due to automatic capture of customer transactions
d. Increased customer feedback via online surveys
C
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An attempt to deceive others for personal gain is known as:
A. incentive. B. fraud. C. larceny. D. opportunity.
Identify a true statement about ethical decision making in business.
A. Ethical decision making is not limited to major corporate decisions with dramatic social consequences. B. Ethical decisions that employees make have to always be based upon clearly established guidelines laid down by the board of directors. C. Every instance of ethical decision making should be based on the law of the land. D. All ethical decisions can be covered by economic, legal, or company rules and regulations.
In a perpetual inventory system, a purchase allowance is treated as a decrease in expenses by the company that purchased the goods.
Answer the following statement true (T) or false (F)
The just-in-time (JIT) philosophy is the belief that cutting inventory and removing non-value-added activities in operations can eliminate waste
Indicate whether the statement is true or false