In the ABC Inventory Classification approach, Class C items account for approximately what percentage of a firm’s spend?
a. 5%
b. 10%
c. 20%
d. 25%
a. 5%
You might also like to view...
Define SWOT analysis and explain in detail how the factors analyzed when doing a SWOT analysis related to aspects of an organization’s internal and external environment.
What will be an ideal response?
When a retail chain sells winter coats, it sends them to different stores at different times of the year. Which of the following approaches to geographic segmentation in the United States does this scenario exemplify?
A. by size of population B. by climate C. by region D. by growth in population E. by density of population
________ is a group of people working together, all doing essentially the same work to accomplish a job.
A. Working together B. Strategists C. Collaboration D. Cooperation E. Team work
A market is a group of people who, as individuals, have needs for products in a product class and have the ability, willingness, and authority to purchase such products.
Answer the following statement true (T) or false (F)