Prospecting involves following all the "leads" in the target market.
Answer the following statement true (T) or false (F)
True
Prospecting involves following all the leads in the target market to identify potential customers.
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A company's resources and capabilities represent
A. the firm's competitive assets that determine its competitiveness and ability to succeed in the marketplace. B. the firm's net working capital and related determinants for measuring operating performance and capabilities. C. whether the firm has the industry's most efficient value chain. D. positive trends with relevant cultural factors related to buyers' choices and product modifications. E. management's sources and uses of funding for new strategic initiatives.
The weight of items produced by a machine is normally distributed with a mean of 8 ounces and a standard deviation of 2 ounces. What is the probability that a randomly selected item weighs exactly 8 ounces?
a. 0.5 b. 1.0 c. 0.3413 d. 0.0000
The number of days to sell is calculated as:
A. 365 divided by ending inventory. B. 365 divided by Inventory turnover ratio. C. Cost of goods sold divided by Average inventory. D. Cost of goods sold divided by ending inventory.
The process of making sure products meet certain standards before they are delivered to customers is called _______ control
a. quality b. inventory c. operations d. management