Order processing, inventory management, materials handling, warehousing, and transportation are the activities that define
A. wholesaling.
B. retailing.
C. physical distribution.
D. channel management.
E. drop shipping.
Answer: C
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Which of the following statements is true about the five forces identified by Michael Porter, that
determine the intrinsic long-run attractiveness of a market or market segment? A) A segment is unattractive if the company's suppliers are unable to raise prices or reduce quantity supplied. B) A segment is unattractive if buyers possess strong or growing bargaining power. C) A segment is attractive when there are actual or potential substitutes for the product. D) A segment is attractive if it already contains numerous, strong, or aggressive competitors. E) The most attractive segment is one in which entry barriers are low and exit barriers are high.
Ethical theories that are driven from the viewpoint of the leader's character are called ______.
A. teleological theories B. virtue-based theories C. deontological theories D. utilitarianism theories
Which government agency provides the most useful advice for writing a business plan?
A) Internal Revenue Service B) Small Business Administration C) Securities and Exchange Commission D) Department of Homeland Security
Some argue that if unions are ______________________________ that interfere with competitive markets by controlling the supply of labor, then the NLRA should be repealed.
Fill in the blank(s) with the appropriate word(s).