A purchased good that can have a big effect on profitability but only has a few qualified suppliers is a
A) routine item.
B) leverage item.
C) bottleneck item.
D) critical item.
D) critical item.
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The sum of seasonal credit discount loans, secondary credit discount loans, and primary credit discount loans that banks take out because of temporary problems are known as
A. unsubstantiated discount loans. B. discount loans for profit. C. discount loans that arise for business needs. D. inelastic discount loans.
A company selling in a national market often organizes its sales force along ________
A) functional groups B) geographic lines C) product teams D) brand groups E) product categories
In many geographic areas, there is only a single provider for gas and electric service for businesses and consumers. However, the government regulates that firm to ensure price protection for the buyer. This is an example of
A. monopolistic competition. B. pure competition. C. a megopoly. D. an oligopoly. E. a pure monopoly.
Roasters Corporation and Outdoor Barbecues, Inc, enter into a contract for a sale of a commercial grill. The contract requires Roasters to deliver the goods to Speedy Delivery Company for transport to Outdoor. Risk of loss passes to Outdoor when? A)?Roasters delivers the goods to Speedy
B)?Roasters and Outdoor enter into their contract. C)?Speedy transports the goods to Outdoor. D)?Outdoor begins to use the grill.