Within the context of the marketing mix, place refers to the availability of the product to the customer at the desired time and location
Indicate whether the statement is true or false
TRUE
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Local optimization, incentives, and large lots all contribute to ________ about what is really occurring in the supply chain
Fill in the blanks with correct word
Customers enter the stadium and purchase refreshments before they are shown to their seats by experienced ushers. The customers are considered objects in the simulation model
Indicate whether the statement is true or false.
After the supplier's invoice is received, which documents are needed to approve payment?
A) the bill of lading and the receiving report B) the approved budget and the purchase order C) the purchase order and the receiving report D) the purchase order and the invoice E) Approval can be made from the purchase order.
Which of the following statements is FALSE about services?
a. Services cannot be inventoried. b. Services have low demand volatility. c. Services require skilled labor. d. Capacity required for services is hard to predict.