Which of the following is one of the dimensions used in developing a clear understanding of the buyer's expectations and requirements?
a. The ability of the buyer to succinctly identify, define, quantify, or specify its technical and sourcing requirements.
b. The seller's ability to effectively communicate its requirements
c. How compatible the buyer's and supplier's respective corporate cultures are.
d. The ability of the selling company to succinctly identify, clearly define, quantify, or specify its technical and sourcing requirements.
e. None of the above.
a
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When a partnership is liquidated, the assets are sold, the liabilities are paid, and any remaining cash and/or other assets are distributed to the partners
Indicate whether the statement is true or false
All of the following characterize a small group EXCEPT
a. a limited number of people. b. communication over a period of time. c. communication through electronic media. d. accomplishing specific goals.
Which of the following is true about a lagging strategy?
a. The most aggressive strategy for capacity expansion is a lagging strategy. b. When a company pursues a lagging strategy, it increases its capacity only when there is a sizeable increase in demand. c. With a lagging strategy the firm is most likely to have idle capacity or excess inventories. d. The firm is able to adapt quickly to changes in demand.
A long period of real time is represented by a short period of ________
Fill in the blank with correct word.