Commodity IT assets easily acquired in the marketplace and should be outsourced under the core competency theory
Indicate whether the statement is true or false
F
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Which component of the marketing mix refers to the goods-and-services combination a company offers to its target market?
A) promotion B) product C) price D) place E) position
Workers, managers, and members of the board are examples of ________ publics
A) general B) internal C) local D) citizen-action E) media
The specific request in a sales letter should be presented late in the message
Indicate whether the statement is true or false
A product has an annual demand of 3600 units. Unit cost for this product is $3. Set up cost is $20 and the inventory carrying rate as a percent of the unit cost is 25%. The product is produced in-house where the daily production rate is 50 units
Assume 360 working days per year. Determine the annual ordering cost and carrying cost if the optimal production quantity is made each time.