The total cost approach to physical distribution management involves evaluating all the costs of alternative physical distribution systems, including transporting, storing, and handling costs.
Answer the following statement true (T) or false (F)
True
The total cost approach involves evaluating each possible PD system and identifying all of the costs of each alternative.
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Why is it usually advantageous to not place key issues of a negotiation at the very beginning of the agenda?
A. It saves time as it becomes obvious that if an agreement can't be reached on the smaller issues then there is no point in discussing the key issues. B. It provides an opportunity to learn the other side's bargaining style and concession routines. C. By conceding most of the smaller issues in the beginning, the selling team creates a moral "debt," which the buying team is likely to have to repay by conceding on the key issues. D. It allows the team setting the agenda to wear down the other side, which will likely result in them agreeing to all the key issues proposed. E. It provides the sellers an advantage as the buyers lose interest toward the end of the session when the key issues are discussed.
The purchasing department prepares a purchase requisition addressed to the vendor (seller) containing instructions related to the items ordered
Indicate whether the statement is true or false
Define your own ________________ in relation to those of your customers
a. emotional appeals b. role and objectives c. logical needs d. bottom lines
Which statement regarding the Project Management Institute's Project Management Body of Knowledge (PMBoK) is BEST?
A) The PMBoK consists of seven knowledge areas of project management skills and activities. B) Each element of the iron triangle is represented by its own area. C) Project risk management is part of the integration section. D) The institute's position that a properly planned project will not require any changes precludes the need for change control in the model.