Which of the following is least consistent with sustainability practices in inventory management?
a. minimizing wasted movement
b. less excess inventory
c. reduced waiting time
d. push system
d. push system
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Robert is the vice president of a medium size corporation that operates retail sporting goods
stores in seven states. Robert has considerable stock that he purchased and received over the years while working there. Robert has purchased no stock for the last three years because all his excess funds have gone for college expenses for his oldest son. Robert's daughter will begin college in the fall, and Robert needs to sell some stock. Robert knows that one of the retail locations where the corporation owns the real estate was once used as a toxic dump. The corporation is legally obligated to clean up this site, and the costs will have a material effect on the corporation's net income for several years. This information is not yet public. Robert can: A) Sell his stock only if he tells the purchaser about the liability for cleaning up the toxic waste. B) Sell his stock only if he gets prior clearance from the Securities and Exchange Commission. C) Sell his stock only to an accredited investor. D) Freely sell his stock without any liability because it has been more than six months since he purchased any stock. E) Not sell his stock under any circumstances until the information about the toxic waste becomes public.
What is the natural consequence of the fact that the founding team is usually in the entrepreneur’s network?
a. the team will be strongly united from the start b. the team has a lot in common and may miss the insight of those not in the network c. the founding team have a lead entrepreneur who creates the vision and inspires other team members d. the founders will experience conflict, as all feel they have primary ownership of the idea
Using only some of the available outlets to distribute a product is called
A. selective distribution. B. intensive distribution. C. channel conflict. D. vertical channel integration. E. exclusive distribution.
Which of the following values for z should we use in as a safety stock calculation if we want a service probability of 98 percent?
A. 1.96 B. 2.30 C. 1.64 D. 2.05 E. None of these