Iron ore in a steel plant is an example of

A. supplies.
B. component parts.
C. raw materials.
D. process materials.
E. accessory equipment.


Answer: C

Business

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Which of the following is not an element of the communication model?

A. sender B. decoder C. feedback D. noise E. message

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If A and B are independent events with P(A) = 0.5 and P(A ? B) = 0.12, then, P(B) =

A. 0.240. B. 0.060. C. 0.380. D. 0.620.

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According to the "Laws of Public Opinion," public opinion reveals the power of ________

A) words alone B) hardheaded common sense C) unusual events to create stable opinions D) methods to achieve goals

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Which of the following is false about global demand management?

a. Local suppliers have shorter lead times. b. Its primary challenge is ensuring that inventories are readily available. c. Global suppliers have shorter lead times. d. Global demand volatility affects a company’s upstream suppliers.

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