If demand changes greatly with a small change in price, the demand is ________
A) variable
B) inelastic
C) derived
D) elastic
E) negative
D
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Which transportation network design option has the elimination of intermediate warehouses and its simplicity of operation and coordination as its major advantage?
A) Direct shipping network B) Direct shipping with milk runs C) All shipments via central DC D) Shipping via DC using milk runs
Deloitte has found that 75% of employees identify either their senior or middle management as the primary source of____________________.
a. the pressure to reform their organization’s managerial process. b. CR fatigue. c. pressure they feel to compromise the standards of their organizations. d. inspiration to activate CR compliance.
Vincent's business has grown; he now employs 14 people. He enjoys teaching new employees the skills they need to make his products. One of Vincent's reasons for being in business for himself is:
A. personal satisfaction. B. independence. C. financial rewards. D. being the best he can be.
The Ultramares v. Touche case of 1933 held that a cause of action based on negligence could not be maintained by a third party who was not in contractual privity; however, it did leave open the possibility that:
A. Third parties that were "foreseeable" may sue for ordinary negligence B. Third parties may sue if one of the parties in contractual privity allowed it to C. Third parties may sue in the case of fraud or constructive fraud D. Third parties who used the financial statements may sue