The percent sign (%) and underscore (_) symbols can be used with the LIKE comparison operator to create a search pattern
a. True
b. False
Indicate whether the statement is true or false
True
You might also like to view...
A danger to a firm's having a high asset turnover is the _____
a. high operating costs b. high level of old inventory on hand c. high probability of being out of stock d. low profits as a percent of sales
Use this information for questions that refer to the United Tools case.Terry Harter is marketing manager for United Tools, and Mike O'Reilly is the firm's logistics manager. They work together to make decisions about how to get United's hand and power tools to its customers-a mix of manufacturing plants and final consumers (who buy United tools at a hardware store). United Tools does not own its own transport facilities, and it works with wholesalers to reach its business customers.Together, Harter and O'Reilly try to coordinate transporting, storing, and product-handling activities to minimize cost while still achieving the customer service level their customers and intermediaries want. This usually requires that United keep an inventory of most of its products on hand; but demand for
its products is fairly consistent over time, so inventory is easy to manage.Harter has identified four options for physical distribution systems she could use to reach two of her key wholesalers, Ralston Supply and Ricotta Tool Co. The total cost for each option-and the distribution service levels that can be achieved-are as follows:
Ralston Supply expects a very high level (90 percent) of distribution customer service. Ricotta Tool Co. is willing to settle for a 70 percent customer service -leveleven if that means some products will occasionally be out of -stockif it gets products at a lower price.For its large retail hardware customers (like Home Depot), United regularly ships smaller orders directly to individual stores or in some cases to the retail chain's warehouses. Cross-country shipments usually go by rail, while regional shipments usually go by truck. Which physical distribution system is best suited for Ralston Supply?
A. truck
B. airfreight
C. rail and warehouse
D. inland waterways
E. This cannot be determined without more information.
Marketing
A. allows production, rather than marketing, to determine what products to make. B. concentrates on production, rather than advertising. C. applies to both profit and nonprofit organizations. D. emphasizes mass selling over personal selling. E. None of these is a true statement about marketing.
The process of determining why a difference exists between a firm's records and the bank's records and bringing the two sets of records into balance is known as ________ the bank statement.
Fill in the blank(s) with the appropriate word(s).