A merchandising allowance is a discount to a wholesaler or retailer based on the order volume of a product
Indicate whether the statement is true or false
FALSE
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If a retailer makes a sale of $100 on a MasterCard, and MasterCard takes a 5 percent discount on the sale, the retailer would record Cash for $100 and Accounts Payable for $5
Indicate whether the statement is true or false
Most places that hold frequent presentations have the computer projector:
a. in the audio-visual closet b. hanging from the ceiling, in a booth, or fixed in place c. behind the lectern d. none of the above
Under which circumstance can an alliance be considered just a convenient business arrangement rather than "strategic"?
A. The alliance helps the company obtain additional financing on better credit terms. B. The alliance helps block a competitive threat. C. The alliance helps build, enhance, or sustain a core competence or competitive advantage. D. The alliance is critical to the company's achievement of an important objective. E. The alliance helps open up important new market opportunities.
Champion Cooling Company has developed a sampling plan calling for a sample size of 25 and an acceptance number of 1. The proportion defective and probability of acceptance appear in the table
Floyd Electric, their supplier ships whatever Champion Cooling asks; sometimes the lot size is as small as 30 units and it has been as large as 10,000 units. Champion Cooling decides to stick with what they know, a sample size of 25 and an acceptance number of 1 despite advice to the contrary. Which statement regarding their sampling plan is BEST? p Pa 0.01 0.9980 0.02 0.9868 0.03 0.9620 0.04 0.9235 0.05 0.8729 0.06 0.8129 0.07 0.7466 0.08 0.6768 0.09 0.6063 0.10 0.5371 A) The average outgoing quality level will remain constant since the sample size and the acceptance number do not change. B) The average outgoing quality level will vary as the lot size varies, but the average outgoing quality limit will remain constant. C) The incoming fraction defective that produces the average outgoing quality limit will remain the same regardless of lot size. D) The incoming fraction defective that produces the average outgoing quality limit will vary as the lot size varies.