Disintermediation occurs when product or service producers cut out intermediaries and sell directly to final buyers
Indicate whether the statement is true or false
TRUE
You might also like to view...
The journal entry to record $1600 of direct labor and $200 of indirect labor incurred will include debit(s) to the ________.
A) Manufacturing Overhead account for $1800 B) Work-in-Process Inventory account for $1600 and Finished Goods Inventory account for $200 C) Finished Goods Inventory account for $1800 D) Work-in-Process Inventory account for $1600 and Manufacturing Overhead account for $200
Which of the following terms designates the maximum number of shares of stock that a corporation may issue?
A. Par value B. Number of shares issued C. Number of shares authorized D. Number of shares outstanding
A reverse auction is
A) similar to EBay, except that the bidders are wholesalers, not consumers. B) when companies request vendors to provide quotes for common items such as supplies they wish to purchase. C) when companies solicit on-line orders from customers at lower than retail prices. D) when companies receive payment for products or services before receiving their goods.
Eric has determined that he is INFJ when looking at the preference clarity index. Eric would be categorized as
a. Introvert, Intuitive, Feeling, and Judging b. Intuitive, Natural, Feeling and Judging c. Introvert, Negligent, Feeling and Judging d. Instinctual, Natural, Feeling and Judging