If a product is said to have a price inelastic demand curve, what does this mean?
a. if you put the price up, sales will stay the same
b. if you the price down, sales volume will fall
c. if you change the price, sales volume will change very little
d. to sell more products, you should raise the price
e. to make more sales revenue, you should lower the price
c. if you change the price, sales volume will change very little
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The percentage of SKUs received complete on a particular order from a vendor is called the
A. fill rate. B. delivery rate. C. service level. D. product availability. E. order rate.
The following information is available for Prudhoe Company: Disbursements for purchases ........................... $290,000 Increase in trade accounts payable .................... 25,000 Decrease in merchandise inventory ..................... 10,000 Cost of goods sold was
a. $325,000. b. $305,000. c. $275,000. d. $255,000.
An unsecured long-term corporate loan is called a ________
A) bond B) note C) debenture D) share
Which of the following developmental experiences is the most common in organizations?
A. mentoring B. job rotation C. high-visibility assignments D. coaching