The sourcing strategy for procuring routine items would be to
A) use reverse auctions.
B) decentralize purchasing.
C) narrow item specifications.
D) develop long-term partnerships with one or two key suppliers.
B) decentralize purchasing.
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The percentage of receivables method of estimating uncollectible accounts is based on the relationship between the amount of accounts payable and the amount of uncollectible accounts
a. True b. False Indicate whether the statement is true or false
In the work experience section of your résumé, you should leave out any jobs that do not relate directly to your career objective
Indicate whether the statement is true or false.
Which of the following is a poor example of fostering solid customer relationships?
A. Waiver of transaction charges charged by financial institutions. B. Restocking fees charged by online retailers for returned items. C. Complementary air and water for vehicles at gas stations. D. Complementary Wi-fi Internet access to customers in a hotel.
Which of the following best describes profit sharing?
A. incentive pay in which payments are a percentage of the organization's profits and do not become part of the employees' base salary B. a combination of performance measures directed toward the company's profit and used as the basis for awarding incentive pay C. a gainsharing program in which employees receive a bonus if the ratio of labor costs to the sales value of production is below a set standard D. a group incentive program that measures improvements in productivity and effectiveness and distributes a portion of profit to employees E. an incentive plan where a percentage of the previous year's profits is provided to the employees as a part of their salary