____ allows companies to focus on their core competencies, by contracting with another company to provide products or services that are not a part of the first company’s core activities.

a. Supply chain management
b. Centralization
c. Decentralization
d. Outsourcing


d. Outsourcing

Business

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A competition is inward oriented in which of the following types of competition?

A) product form competition and product category competition B) product form competition and generic competition C) product category competition and generic competition D) product category competition and budget competition

Business

Customer relationship management enables companies to provide excellent real-time customer service through the effective use of ________

A) reports from mystery shoppers B) survey data from customers who have defected C) market research D) individual account information E) demographic trend data

Business

A(n) _____ is a form of business ownership that offers both restricted responsibility to its owners and flexible tax treatment.

A. limited liability company B. S corporation C. sole proprietorship D. quasi corporation

Business

If you grant a nonpossessory interest to Eagle Logging to enter your land and remove timber from ten acres, you have granted Eagle a profit.

Answer the following statement true (T) or false (F)

Business