A centralized training function not only hampers the streamlining of processes but also denies the company a cost advantage in purchasing training from vendors.

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


False

Business

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Mungo Pet Supplies makes cat trees for several pet store chains. They order rolls of carpet (used to cover the trees) from a supplier. Mungo’s management has decided to use an EOQ model. The annual demand for carpet is estimated to be 1,000 rolls. The purchase price per roll is $20 and estimated inventory carrying cost rate is 25%. The cost to place an order from the supplier is $30. What is the maximum inventory amount that Mungo can expect to hold at any one time?

a. 54.7 b. 1000 c. 109.5 d. 500

Business

Decades of research on the peer assessment test indicate that it validly forecasts subsequent job behavior and promotion.

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

Business

A new marketing strategy often upsets established ways of doing things in the organization.

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

Business

Net worth is the difference between a firm's assets and its liabilities

Indicate whether the statement is true or false

Business