Our world is becoming increasingly interdependent

Indicate whether the statement is true or false.


True

Business

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A taxpayer should prefer to pay a $100 implicit tax rather than a $100 explicit tax.

Answer the following statement true (T) or false (F)

Business

Examples of necessary supply chain information include all of the following except?

a. Current inventory levels b. Order/delivery status c. Production/forecast changes d. Product pricing discounts/promotions

Business

Carol manages a cell phone store and is debating how much personal selling and customer service she should utilize as part of her promotion strategy. What would you recommend and why?

What will be an ideal response?

Business

Which of the following are reasons for keeping inventory?

I. to allow for goods in transit II. to build up stock for seasonal demand III. to reduce production costs IV. to guard against uncertainty in supply and demand A) II and IV only B) I, II and III only C) II, III and IV only D) I, II, III and IV

Business