Which of the following includes activities such as manufacturing, research, sales, advertising, and shipping, as well as involving all entities that facilitate product distribution?
A. Channel management
B. Inventory management
C. Supply-chain management
D. Logistics management
E. Supply management
Answer: C
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Zach is part of a team that does not have a designated manager; the team plans, organizes, leads, and controls to achieve its goal. Zach’s team members commonly elect their own members and evaluate each other. On what type of team is Zach most likely working?
a. independent b. self-managed c. integrated d. workgroup
What are the fundamental characteristics through which the structure of any organization can be described?
What will be an ideal response?
The fact that invested cash earns income over time is called the time value of money
Indicate whether the statement is true or false
What is the significance of a variable work schedule?
A. It grants only minimal responsibilities to workers, leading to higher productivity. B. It allows employees to adapt to a standard working time while performing various kinds of work. C. It ensures that workers carry out a variety of duties within a specific time span. D. It permits employees to work at times other than the standard five 8-hour days.