Fernandez Wholesale Plumbing has seen its sales in the Southeast triple in the past two years. Materials handling director Barb Peterson announces plans to the board for an Atlanta facility that will combine shipments received from Fernandez's 25 suppliers for nearly immediate shipment to plumbing stores and contractors in the region. This new facility would be best classified as which of the following?
A. Sales office
B. Public warehouse
C. Field public warehouse
D. Distribution center
E. Bonded warehouse
Answer: D
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If a stock's price is $20 at the beginning of a year and $17 at the end of the year, and it pays a dividend of $2 during the year, then the stock's current yield is ____ percent.
A. ?15 B. ?5 C. 5 D. 10
When resources are fixed and limited, and both parties want to maximize their share, the parties are in a ________ bargaining situation.
What will be an ideal response?
Teleband is a company offering broadband Internet services near Seattle. A new college has been
approved to be set up in the community. Teleband expects a rise in demand for broadband connections with the establishment of the college, both from the college itself as well as the students. However, six months after it started providing Internet services in and around the campus area, a clutch of its competitors also introduced similar services and have been eating into Teleband's share of the market. Which of the following differentiating functionality-based strategies would best help Teleband retain its customers? A) Teleband should raise the rates for its broadband services to identify itself as the premier service provider in the area. B) Teleband should expand into other areas around the college campus by providing Internet connections at lower rates than its competitors. C) Teleband should introduce an incentive plan for its top customers, promising better speeds for those who download more from the Internet. D) Teleband should provide uniform services to all its customers with features such as similar download speeds and usage rates for all.
Which ratio would be best for measuring a company's ability to repay both principal and interest on outstanding loans from cash generated from operating activities?
A) Current ratio B) Times-interest-earned ratio C) Debt service coverage ratio D) Debt-to-equity ratio