The management's directive to reduce the number of steel suppliers refers to the influence of ________ factors affecting the business buying behavior of Alpha
A) political
B) organizational
C) interpersonal
D) individual
E) cultural
B
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After developing a plan and allocating the merchandise, the next step in the merchandise planning process involves
A. analyzing the performance and making adjustments. B. replenishing the inventory levels. C. penetration of new markets. D. discussing buybacks with the vendors. E. planning for the following season.
One of the overall goals of the Pancake House Restaurant is customer satisfaction. In the light of that goal, match the internal business processes perspective with the appropriate objective
a. Customer satisfaction means that the chefs engage in culinary continuing education. b. Customer satisfaction means that customers receive their food within 10 minutes of placing an order. c. Customer satisfaction means that the customer appreciation program is successful. d. Customer satisfaction means that the restaurant is profitable.
The net realizable value approach is used to account for scrap and by-products when the net realizable value is significant
Indicate whether the statement is true or false
All of the following situations involve retailing except
A. transporting newly manufactured cars to a dealership. B. booking a European vacation from a travel agent. C. dining out at the new restaurant in town. D. buying a set of golf clubs from a sporting goods store. E. buying paper products from a wholesale club like Costco.