In Japan, products are often bought and sold by a series of merchant wholesalers on their way to the business user or retailer.
Answer the following statement true (T) or false (F)
True
In Japan, products are often bought and sold by a series of merchant wholesalers on their way to the business user or retailer.
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Which of the following methods is most likely to be used by buyers to review the performance of chosen suppliers?
A) the buyer may contact different suppliers and ask for their evaluations B) the buyers may rate the end-users on several criteria using a weighted-score method C) the buyer might aggregate the cost of poor performance to come up with adjusted costs of purchase, including price D) the buyers may aggregate the opinions of various competitors and come up with the adjusted cost of supply E) the buyers might adopt the Supplier Added Value Effort technique to calculate supplier efficiency
Compton Corporation is a wholesale distributor of educational CD-ROMs. The company's records indicate the following: This YearLast YearUnits Sold 250,000 200,000Sales$1,250,000 $1,000,000Cost of goods sold 875,000 700,000Gross margin 375,000 300,000Selling and administrative expenses 222,000 210,000Net operating income$153,000 $90,000What is the company's contribution margin for this year? (Round your intermediate calculations to 2 decimal places.)
A. $213,000 B. $315,000 C. $(667,500) D. $375,000
Which of the following does not describe mixed-use developments (MXDs)?
A. Urban planners like MXDs because they provide a pleasant, pedestrian environment. B. Consumers like MXDs because they are pedestrian-oriented. C. Retailers like MXDs because they bring additional shoppers to their stores. D. Residents like MXDs because they offer an all-inclusive environment. E. Developers avoid MXDs because of unproductive use of space.
Which of the following statements is true of the economic system of North America?
A. The command economy of this region allows competition to strive while the government can extend assistance to individuals or companies. B. The free-market-based economy of this region results in low trade barriers when attempting to move into other countries. C. The free-market-based economy of this region allows considerable freedom in decision-making processes of private firms. D. The command economy of this region allows for high flexibility with decisions and low barriers for other countries to establish business.