Spot buying refers to the purchase of goods and services according to a schedule, usually at prevailing market prices that are determined by supply and demand

Indicate whether the statement is true or false


FALSE

Business

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ASEAN is a(n)

A. trading bloc consisting of 10 countries in Asia. B. association of American and Southeast Asian nations. C. trading bloc consisting of 10 countries along the Atlantic Ocean. D. worldwide banking association. E. union of global nations that strives to bring world peace.

Business

Developing and retaining quality managers is an advantage of decentralization

Indicate whether the statement is true or false

Business

Which of these laws came about as a response to the 1960s grassroots movement known as consumerism?

A. FTC Act B. Consumer Product Safety Act C. Robinson-Patman Act D. Clayton Act E. Digital Millennium Copyright Act

Business

A single integrated collection of data stored in one place that is used by employees throughout the organization is called a/an:

a. data collection b. database c. data center d. management data center e. information center

Business