Overproduction causes waste by:
A) creating excess inventory.
B) causing confusion and hiding problems.
C) consuming unneeded raw materials and labor.
D) all of the above
E) A and B only
D
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Describe the three stages in the stimulus-response model of buyer behavior.
What will be an ideal response?
A change in the ownership of a partnership results in the
A) consolidating of the partnership B) liquidating of the partnership C) realization of the partnership D) dissolution of the partnership
________ is one of the critical mistakes made in closing a sale.
A. Too much talking B. Adopting a flippant approach C. Excessive marketing D. Geographic segmentation E. Standardized presentation
The process of making raw materials, components, parts, or subassemblies available only when they’re actually required is called ______.
a. netting b. pegging c. time phasing d. safety lead time logic