Assortment is the number of different merchandise categories a retailer offers, also known as the breadth of merchandise.
Answer the following statement true (T) or false (F)
False
Variety (also called breadth) is the number of merchandise categories a retailer offers. Assortment (also called depth) is the number of different items offered in a merchandise category
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In the Excel, or spreadsheet, approach to recording financial transactions, indirect labor paid in cash is recorded as a decrease in the Cash column and as an increase in the Work in Process column.
Answer the following statement true (T) or false (F)
Placing an advertisement on only the three major television networks (ABC, CBS, and NBC) is called narrowcasting.
Answer the following statement true (T) or false (F)
DRP refers to?
a. Demand requirements planning b. Distribution requirements planning c. Delay requirements planning d. Database requirements planning
Technological uncertainty:
A. only occurs in emerging markets. B. can be avoided by early entrants with superior technology. C. is a result of uncertainty about customer demand. D. occurs because an alternative technology could be introduced by competitors.