Efforts to improve cooperation among firms in the supply chain can be characterized as:

A) globalization.
B) domestic focus.
C) relationship management.
D) electronic commerce.


Answer: C

Business

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When is revenue from the sale of merchandise normally recognized?

a. On the date the sale is made. b. When the customer pays for the merchandise. c. Either on the date on which the sale occurs, or the date on which the customer pays d. When the merchandise is sold, if sold for cash, or when payment is received, if sold on credit

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The "layers of advantage" approach to global competitive innovation is based on using know-how developed by other companies

Indicate whether the statement is true or false

Business

Which of the following is an example of a private carrier?

A) MET is a transporter that operates only in the Chicago area and charges fixed prices. B) BCL is a family firm that owns only three trucks, but takes small orders for transport. C) VTV owns a fleet of trucks and transports goods for any client for a fee. D) COM is a shipping firm that transports goods by road and rail across the U.S. E) BEL Inc. manufactures parts for automobiles and transports its products to customers itself.

Business

Whether or not one or both parties in a distributive bargaining situation achieve their objectives will depend upon the strategies and ________ they employ.

Fill in the blank(s) with the appropriate word(s).

Business