What is the purpose of the purchase requisition?
When inventories drop to a predetermined reorder point, a purchase requisition is prepared and sent to the purchasing function to initiate the purchase process. While procedures will vary from firm to firm, typically a separate purchase requisition will be prepared for each inventory item as the need is recognized.
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Renkel Cosmetics sends a sample of the newest cosmetics line to all premium members' addresses. Which of the following best describes Renkel's form of marketing?
A) social media marketing B) kiosk marketing C) direct-response television marketing D) catalog marketing E) direct-mail marketing
When you write an unsolicited cover letter, ________
A) gaining attention is relatively easy B) you are replying to a posting that requests applications C) your audience is actively looking for someone to fill the job D) do not end the letter by requesting an interview E) you need to persuade your audience to read your letter rather than discard it
Henry has a checking account that earns interest but requires a minimum balance. He tries to make sure that he maintains that minimum balance in order to earn interest on his funds. Evidently he has a:
a. U.S. Savings Bond b. certificate of deposit c. money market account d. NOW account e. IRA
The silverback gorilla is considered by its family group as the one in charge because of his formal place in the family hierarchy. The group looks to him for guidance on eating and sleeping locations, when it is time to move, and to settle family disputes. The silverback can be described as having
a. Legitimate power b. Referent power c. Reward power d. Personal power