The three types of organizational buy classes are
A. consumer products, industrial goods, and services.
B. users, influencers, and deciders.
C. new buy, straight rebuy, and modified rebuy.
D. straight purchase, barter, and countertrade.
E. industrial, reseller, and government.
Answer: C
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Flexible manufacturing systems are
a. designed to provide more flexibility in a firm's manufacturing process by using computer-aided machinery. b. the same as computer-aided design systems. c. commonly used by firms that need to make large quantities of one product. d. are very complicated and cause increased defect rates in output.
Under the civil law system, adversaries initiate and conduct litigation
a. True b. False Indicate whether the statement is true or false
In the context of monetary policy, when the economy is weak, the Fed:
A. withdraws funds from banks. B. asks banks to cut back on the loans they make. C. helps reduce inflationary pressures in the economy. D. buys government securities on the open market.
Carpenter Corporation uses the weighted-average method in its process costing system. This month, the beginning inventory in the first processing department consisted of 600 units. The costs and percentage completion of these units in beginning inventory were: Cost PercentCompleteMaterials costs$5,200 60% Conversion costs$8,500 55% A total of 7,800 units were started and 7,100 units were transferred to the second processing department during the month. The following costs were incurred in the first processing department during the month: Materials costs$95,000 Conversion costs$169,200 The ending inventory was 85% complete with respect to materials and 70% complete with respect to conversion costs. The total cost transferred from the first processing department
to the next processing department during the month is closest to: A. $264,200 B. $277,900 C. $244,219 D. $288,935