Which of the following elements is false regarding Phase 1, Basic Beginnings, of supply management strategy development?
a. Quality/cost teams
b. Longer-term contracts.
c. Volume leveraging.
d. Supply-base consolidation.
e. Early sourcing.
e
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Jenson and Johnson enter into a contract that involves Johnson paying Jenson $1,000 for shoveling the snow from his driveway throughout winter
Jenson, who was paid before work commenced, breached some of the conditions of the contract on the very first day. He should refund $1,000 to Johnson as ________. A) compensatory damages B) restitution C) liquidated damages D) consequential damages
The case that involved two ships both of which were named "Peerless" is:
A) Fisher v. Bell. B) Konic International Corp. v. Spokane Computer Services, Inc. C) Lucy v. Zehmer. D) Wilson v. Western National Life Insurance Co. E) Raffles v. Wichelhaus.
Taco Bell's unique employee scheduling practices are partly the result of using:
A) point-of-sale computers to track food sales in 15 minute intervals. B) focus forecasting. C) a six-week moving average forecasting technique. D) multiple regression. E) A and C are both correct.
John graduates from college at the age of 25. He places $5,000 in a 401k at the beginning of year one, $8,000 at
the beginning of year two, $11,000 at the beginning of year three, $14,000 at the beginning of year four, and then $15,000 per year until he retires at the age of 60. If money earns 8 percent per year, how much will John have in his retirement account at age 60?