______ is the process of coordinating all the activities involved in producing a product and delivering it to the customer.

a. Inventory control
b. Quality control
c. Supply chain management
d. Total quality management


c. Supply chain management

Business

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Which strategy below helps an organization choose its business focus?

A. Three Generic Strategies B. SWOT Analysis C. The Five Forces Model D. Value Chain Analysis

Business

Which of the following is not characteristic of a process cost system

A) The system may use several work in process inventory accounts. B) Manufacturing costs are groups by department rather than by jobs. C) The system accumulates costs per job. D) The system emphasizes time periods rather than the time it takes to complete a job.

Business

An angel investor just provided the financial capital for you to start up a new crop science technology company. You decide to set up your new business using a team-based structure because research shows this organizational design, done effectively, will lead to all of the following except ______.

A. better quality products B. greater innovation C. less waste of resources D. less need for leadership

Business

Once a trademark becomes a(n) ________, the term loses its protection under federal trademark law.

A. unique term B. ubiquitous name C. obsequious term D. generic name

Business