Which of the following is LEAST likely to be one of the critical functions of the operations and supply chain professional?

a. achieving quality products and services
b. focusing on customer needs
c. finding the best methods to deliver these products and services
d. identifying the right target market for the product


d. identifying the right target market for the product

Business

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A director must make a full disclosure of any potential conflict of interest that might arise in any corporate transaction

a. True b. False Indicate whether the statement is true or false

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Which of the following statements concerning the selection of risk management techniques and insurance market conditions is (are) true?

I. It's easier to purchase affordable insurance during a "soft " market than during a "hard" market. II. Retention is used more during a "soft" market than during a "hard" market. A) I only B) II only C) both I and II D) neither I nor II

Business

When Apple first introduced its iPhone in the U.S. market, it priced it at $600. Several months later, Apple reduced the price to $400. And several months after that, it reduced the price again to $200. What pricing policy was Apple using in its initial price strategy?

A. everyday low price B. skimming price C. cash discount price D. penetration price E. introductory price

Business