Which of the following statements is true of electronic data interchange (EDI)?

A) It uses proprietary protocols and networks.
B) It is more beneficial when there are more companies in its network.
C) When Web-based EDI is used, the process of sales forecasting is disrupted.
D) When it uses the Internet and Web protocols, the cost of transmitting documents increases.


B

Business

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Managers must decide how well a company's product fits the country market by asking all of the following questions except:

A) Will adaptation be required? B) Will import restriction drive up the product price? C) Is it advisable to source locally? D) Will strong home currency have an adverse impact on product price? E) Will it be possible to neglect home-country regulations?

Business

The typical mechanism for evaluation of teams is a(n) ________ administered by a consultant.

Fill in the blank(s) with the appropriate word(s).

Business

Sawyer Components manufactures high-cost, customized roller parts for paper mills and is expanding into China because of the opportunity for significant growth in this developing country.  The owner uses effective global strategies and is aware of threats from foreign competitors.  This illustrates that the owner has a global:

A. advantage B. imperative C. vision D. outsource E. introspection

Business

If the agenda for a meeting has been covered before the scheduled ending time, it is recommended that you fill up the remaining time with chatter.

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

Business