Sears uses a(n) ________ brand when it uses the same brand name for several products. In contrast, General Motors, by using different brands for each car line, uses ________ brands.
A. individual; generic
B. national; local
C. manufacturer; dealer
D. family; individual
E. generic; family
Answer: D
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For an organization, the number-one time waster is ______.
a. many e-mails and phone calls b. too many meetings c. employee tardiness and absenteeism d. excessive training
Which of the following questions can logistics help a company answer?
A. What path should the vehicles follow when delivering the goods? B. How can we guarantee that our raw materials meet production needs? C. What quantity of raw materials should we purchase to minimize spoilage? D. At what price can we purchase materials to guarantee profitability?
Which formula does Kelly propose for corporate finances?
a. Profit = revenues - cost b. Profit = revenues - employee income c. Profit = revenues - employee income + cost of materials d. Profits = employee income
The Environmental Protection Agency is one of the largest federal agencies and has a budget of almost:
a. $5 million b. $500 billion c. $8 billion d. $8 million e. $40 billion