Managers should ensure that a firm's transportation strategy

A) involves cost minimization.
B) involves profit maximization.
C) supports its competitive strategy.
D) is separate from competitive strategy.


Answer: C

Business

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A(n) ________ is a document that two or more persons must execute and sign that makes a limited partnership legal and binding.

A. certificate of limited partnership B. articles of partnership (limited) C. registration of intent to partner (limited) D. limited partner mutual assent document

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Identify the correct statement about the trends in international union membership.

A. Worker representatives on boards of directors are much more common in the United States than in Western European countries. B. Coverage rates within the United States are much higher than in most other countries. C. In Western Europe, it is common to have union coverage rates of 80 to 90 percent. D. The union membership rate in the U.S. is second only to that of Denmark. E. U.S. employees tend to have a larger, more formal role in organizational decision making than in Western European countries.

Business

An annual reporting period consisting of any twelve consecutive months is known as:

A. Seasonal year. B. Natural business year. C. Fiscal year. D. Calendar year. E. Interim financial period.

Business

Which of the following is defined as nonpersonal communication paid for by an identified sponsor using mass media?

A) public relations B) direct marketing C) direct selling D) advertising E) sales promotion

Business