The ________ inventory contains the basic components of the production process.

A) raw materials
B) work-in-process
C) finished goods
D) capital goods


Ans: a. raw materials

Business

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Good internal controls in the revenue cycle should ensure all of the following except

a. all sales are profitable b. all sales are recorded c. credit is authorized d. inventory to be shipped is not stolen

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Walmart discovered that it could compete on price and build a sustainable business.

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

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In most cases, MPR starts off a marketing campaign and then

A) provides long-term support for other elements of the marketing communication mix. B) leaves remaining details to other elements of the marketing communication mix. C) eliminates the need for including any other elements of the marketing communication mix. D) quickly transforms into a conventional mass media advertising effort. E) becomes the most expensive element of the marketing communication mix to maintain.

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As team leader you have called a meeting to determine your team name. You want a name that is easily recognizable. The team wants to develop a logo to brand the team. To help with motivation you have also suggested that the team develop a slogan. According to the case above, what will help your team be more identifiable?

What will be an ideal response?

Business