Which of the following statements is true regarding the leverage of supply chain savings?
A) Supply chain leverage is about the same for all industries.
B) Supply chain savings exert more leverage as the firm's purchases are a smaller percent of sales.
C) Supply chain savings exert more leverage as the firm's net profit margin decreases.
D) Supply chain leverage depends only upon the percent of sales spent in the supply chain.
E) None of the above is true.
C
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Which of the following is a characteristic of a general partnership?
a. The partners have co-ownership of partnership property. b. The partnership is subject to federal income tax. c. The partnership has an unlimited life. d. The partners have limited liability.
The rate of return on total assets measures a company's ________.
A) ability to meet its short-term obligations B) ability to repay its long-term debt C) success in using assets to earn income D) success in earning high returns on investments in stocks and bonds of other companies
Which of the following is the MOST accurate statement concerning a business person's vocabulary?
a. Business people don't need a broad vocabulary because simple language is best in business. b. Business people need a broad vocabulary to choose precisely the right word for a given situation. c. Business people need a broad vocabulary of simple, concrete words; longer, multi-syllable words are not appropriate in business writing. d. Business people need only a small working vocabulary and can use the computer thesaurus on the infrequent occasions when a complex word is needed.
Identify the customer value proposition of your local cable company.
What will be an ideal response?