Efficient Consumer Response was initially developed in the 1990's for the following industry:
a. Fashion
b. Grocery
c. Small Electronics
d. Automobile
b
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A value chain involves a sequence of value-creating activities within an organization
Indicate whether the statement is true or false
The reason that a discount factor in year 3 is less than a discount factor in year 2 is that
A) cash flows are uneven. B) compounding does not occur. C) cash flows are even. D) present value is positive. E) a dollar received in three years is worth less than a dollar received in two years.
A catalog merchant wants to build a new distribution center that will improve inventory management, storage of products, shipping, and returns. The company develops a close relationship with UPS, its main supplier of shipping services. UPS helps the catalog merchant design its new distribution center so that it coordinates well with the shipping processes at UPS. This arrangement reduces shipping costs and improves service to the catalog merchant's customers. This situation is an example of
A. information sharing. B. relationship-specific adaptations. C. competition. D. legal bonds. E. negotiated contract buying.
Counter to intuition, using managers and employees as trainers decreases the perceived meaningfulness of the training content.
Answer the following statement true (T) or false (F)