Marketing activities should begin with potential customer needs, not with the production process.
Answer the following statement true (T) or false (F)
True
Marketing, rather than production, should begin with determining what goods and services are to be developed to satisfy customer needs.
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The size of the safety stock is directly affected by all of the following except the
a. cost of a stockout. b. probability of a stockout. c. carrying cost of stock. d. economic order quantity.
What is the best advice for writing e-mail messages?
A) Use first names only in opening greetings. B) Because your name will appear in your e-mail address, you don't have to type it at the bottom of your message. C) Always include a complimentary closing such as Sincerely. D) Make your e-mail messages easier to read and to comprehend by using bulleted and numbered lists and headings.
An employee has been developing a company product for the last 3 years when he decides to leave the company. That product is a glue that remains tacky for hours, enabling certain types of artwork to be performed. After he leaves the company, the employee joins another company and finalizes the glue development for his new company. Who is likely to own the rights of the intellectual property involved in the formulation of the glue?
a. The employee; he invented it. b. The original company who paid for the product to be developed. c. The new company because the product was released while the employee worked for them. d. The glue cannot be considered intellectual property.
A collection of costs to be assigned is called a cost pool.
Answer the following statement true (T) or false (F)