Answer the following statements true (T) or false (F)
1. A criterion for selecting suppliers is their employee head count.
2. In online reverse auctions, the buyers allow suppliers to submit online bids for products/services as specified by the buyer.
3. For the fixed-price contracts, the administrative burden of signing the contract is very high.
4. Planned purchase orders are used for purchases made on approximate dates and in specified quantities when inventories run low.
5. Money spent on indirect materials is not as high as money spent on direct materials, but it can still be significant.
1. False
2. True
3. False
4. True
5. True
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The date that a promissory note is due is the_____________
Fill in the blank(s) with correct word
Describe three methods by which a brand can communicate category membership
What will be an ideal response?
A manufacturer of computer printers offers a series discount of 20/10/5. A second manufacturer of printers offers a series discount of 25/12/10. Assuming all other aspects of the products are the same, which manufacturer would offer the best discount?
A. The 20/10/5 discount because it results in a final discount of 68.4% B. The 20/10/5 discount because it results in a final discount of 31.6% C. The 25/12/10 discount because it results in a final discount of 40.6% D. The 25/12/10 discount because it results in a final discount of 59.4%
Firms have found that only through ________ can they execute newly adopted strategies stressing better quality, innovation, cost control, or speed.
A. strategic international alliances B. work teams C. affirmative action D. globalization