Bonafide Electric produces electric motors that power refrigerators, air condition units, washing machines, and many other electric appliances produced by various manufacturers. Bonafide Electric is selling
A. installations.
B. component parts.
C. raw materials.
D. MRO items.
E. accessory equipment.
Answer: B
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The Information Value Chain is defined as:
A. The overall transformation of data from a business need to the ultimate decision. B. The use of computer technology to provide information about business activities to employees across the firm. C. A centralized database that collects data from throughout the firm. D. The flow of materials, information, payments, and services.
If the pull strategy is effective, consumers will then demand the product from channel members, who will, in turn, demand it from producers
Indicate whether the statement is true or false
Which of the following is not true?
a. Acquisition cost for a merchandising firm includes the costs incurred to purchase and transport the inventory prior to sale. b. Acquisition cost for a manufacturing firm includes the direct material, direct labor, and manufacturing overhead cost to produce the inventory. c. If the market values of inventory items decline below acquisition cost prior to sale, firms must reduce their balance sheet carrying values using the lower of cost or market method. d. U.S. GAAP uses a combination of replacement cost and net realizable values to measure market value. e. U.S. GAAP and IFRS permits firms to remeasure inventories upward when market value exceeds acquisition cost.
Which system combines digitized mapping with key locational data?
a. geographic information system b. primary trading-area analysis c. secondary trading-area analysis d. TIGER