Which of the following is NOT a typical benefit of centralized purchasing?
A) leverage purchase volume for better pricing
B) develop specialized staff expertise
C) reduce the duplication of tasks
D) reduce lead times
E) promote standardization
D
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_____ is a mathematical method of handling imprecise or subjective information.
Fill in the blank(s) with the appropriate word(s).
Managers who believe Theory X assume that workers are basically:
a. nice, friendly people b. lazy, irresponsible, and incapable of taking initiative or making decisions c. driven by X-factors: 10 principles of intrinsic motivation d. motivated but uninformed about modern management theories
Common stock is the last stock in line for any corporate payouts, including dividends and liquidation payments
a. True b. False Indicate whether the statement is true or false
A small-business investment company (SBIC) is a government agency that provides venture capital to small enterprises.
Answer the following statement true (T) or false (F)