All of the following are objectives of supply management EXCEPT this:
a. Ensure the required level of purchased item quality
b. Purchase the required goods and services at the lowest total cost of ownership
c. Search for and develop as many suppliers as possible
d. Seek ways to improve the organization’s competitive position
c. Search for and develop as many suppliers as possible
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When nonverbal signals do not match the spoken word, what happens to the validity of the communication?
A) The communication is weakened. B) The communication becomes irrelevant. C) The communication becomes strengthened. D) The communication takes on a whole new meaning. E) The communication fails.
Assume the indirect method is used to compute net cash flows from operating activities. For this item extracted from the financial statements—Dividend Income (assume that cash received is equal to amount reported)—indicate the effect on net income in arriving at net cash flows from operating activities by choosing one of the following:
a. Add to net income to arrive at net cash flows from operating activities b. Subtract from net income to arrive at net cash flows from operating activities c. Not used to adjust net income to calculate net cash flows from operating activities
A(n) ________ is written in response to an advertisement or posting that requests applications
A) solicited cover letter B) unsolicited cover letter C) memorandum D) letter of reference E) recommendation
Gross margin percent equals
A) gross margin / cost of goods sold B) operating income / sales revenue C) gross margin / sales revenue D) sales revenue / gross margin