Ordering costs ______.

a. are expressed on a per-order basis
b. are proportional to quantity ordered
c. depend on quality of products ordered
d. are usually higher than holding costs


a. are expressed on a per-order basis

Business

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The terms “teams” and “groups” are often used interchangeably. Compare the two terms as they apply to organizations.

What will be an ideal response?

Business

Product differentiation by incumbents act as an entry barrier because

A. new entrants cannot differentiate their products. B. incumbents will take legal action if new entrants do not differentiate their products. C. new entrants will have to spend heavily to overcome existing customer loyalties. D. it helps a firm to derive greater economies of scale.

Business

Harvey issued a check to AgribizCo and, after mailing the check, suffered a heart attack and died. In the regular course of business, the bank paid the check when presented by AgribizCo for payment, despite the fact that the bank had received notice fourteen (14 ) days earlier of Harvey's death. In terms of the bank's payment of the check? A) the bank is not liable because the payment was made

within 20 days of the notification of the death. B) the bank is potentially liable to Harvey's estate. C) the bank is not liable unless the Harvey's executor posted an indemnity bond. D) the bank's authority to act for Harvey ended on his death, regardless of whether the bank had been notified of Harvey's death.

Business

What allows web browsers and servers to send and receive web pages?

A. Simple mail transfer protocol (SMTP) B. Simple network management protocol (SNMP) C. File transfer protocol (FTP) D. Hypertext transfer protocol (HTTP)

Business