Which of the following statements describes a scenario in which the bargaining power of asupplier is strong?
A) Competitors have decreased demand for raw materials.
B) The availability of raw materials is limited.
C) The supplier has excess inventory.
D) There are many suppliers providing the same raw materials for comparable prices.
B
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Figure 4-5According to Figure 4-5 above, C defines what level in the Maslow hierarchy of needs?
A. safety B. social C. self-actualization D. personal E. physiological
According to your text, all of the following are factors that companies must consider in choosing a transportation mode except
A. transit times. B. overall cost. C. mode accessibility. D. ability to meet lead time requirements. E. ability to store the product until shipment.
If no other form of business organization is chosen in a business operated by only one person, the business is by default a sole proprietorship
Indicate whether the statement is true or false
On September 1, Year 1, Orville Corporation has unrestricted retained earnings of $600,000, appropriated retained earnings of $400,000, cash of $850,000, and accounts payable of $50,000. What is the maximum amount that can be used for cash dividends?
A. $600,000 B. $800,000 C. $450,000 D. $850,000