What reasons may be ascribed to the emergence of vertical marketing systems?
What will be an ideal response?
Vertical marketing systems help achieve economies of operation. Their emergence may be explained by an examination of the types of vertical marketing systems. The corporate vertical marketing system allows successive stages of production and distribution to be run by a single entity. Administered vertical systems allow a dominant firm to coordinate flow of goods. In contractual systems, independent firms integrate programs on a contractual basis to realize market impact. So all types of firms are able to engage in vertical marketing systems and utilize advantages.
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Summerlin Company budgeted 4,000 pounds of material costing $5.00 per pound to produce 2,000 units. The company actually used 4,500 pounds that cost $5.10 per pound to produce 2,000 units. What is the direct materials quantity variance?
A. $400 unfavorable. B. $2,500 unfavorable. C. $450 unfavorable. D. $2,950 unfavorable. E. $2,550 unfavorable.
A host computer is required in a ring network
Indicate whether the statement is true or false.
Suppliers to business markets often
A. have to agree to contracts that allow for changes in the purchase arrangements. B. must manage inventory and delivery carefully, to provide customers with just-in-time delivery. C. serve as technical consultants to their customers. D. provide information about industry trends. E. All these answers are correct.
Indira manages a team of people in the accounting department at Financial Partners, LLP. The company has been in buyout talks with a large competitor for the past few months. As the merger deal nears completion, Indira started noticing a change in her team's conduct. One of the collection agents, Malcolm, is taking longer lunches and often returns reeking of alcohol. She observed Akobo, the accounts receivable supervisor, uncharacteristically lashing out at vendors on the phone. Her own assistant, Marjorie, started nervously tapping her feet and pulling at her hair during meetings. Indira is worried about her team and their well-being. According to the protocols of assessment, which of the following actions will help Indira best understanding her team's issues?
A. hiring an expert to observe her team as they work and to report on the status of each member B. considering what might be causing the issues and having her team members fill out questionnaires asking about the sources of their anxieties C. bringing in a masseuse at lunch time once a week to give free massages to the team members who want them D. instituting a program through which high-performing employees mentor lower-performing team members, regardless of seniority E. reading through her team's e-mail correspondence to search for clues about their shift in behavior