A college bookstore that purchases goods from over 200 vendors demonstrates _____
a. economies of scale
b. a channel of distribution
c. the sorting process
d. vertical integration
c
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What is the implication of the dilemma of honesty?
What will be an ideal response?
A company made an error in recording the Year 1 purchase of computer equipment as an expense. This was discovered in Year 2. The item should be reported as a prior period adjustment on the Year 2 income statement.
Answer the following statement true (T) or false (F)
3PL is associated with ______.
A. improving the efficiency of product flows B. requiring the manufacturer to focus on its core competencies C. improving the quality of manufactured products D. the service industry only
The strategic importance of deliberately trying to develop organizational competencies and capabilities is
A. improved strategy execution and a potential for competitive advantage. B. lower costs for employee training. C. an increased ability to reduce total operating costs. D. the added ease with which strategic fit and resource fit benefits can be captured. E. the enhanced ability to avoid the perils of outsourcing.