Answer the following statements true (T) or false (F)
A sale and leaseback occurs when the owner of an asset sells it and enters into a lease agreement to lease the asset back.
ANSWER: T
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Scenario B. PowerSounds Inc. is a manufacturer of audio equipment. The corporation has production, marketing, accounting, and finance departments. They have a department that makes speakers, turntables, and accessories for professional DJs, and a department that produces equipment for home use. Marlena works in the production department manufacturing speaker components. She reports to the production manager and her project manager. Emmanuel works in the accounting department and also manages public relations. The organization requires all the employees to wear the corporation's T-shirt as part of the uniform. There are also specific procedures that the employees must follow while manufacturing the instruments.From Scenario B, it can be inferred that Emmanuel is working in a ________
department. A. wide B. narrow C. flat D. line E. staff
A factory outlet is an example of a(n) ________ retailer
A) off-price B) specialty C) discount D) department E) catalog
One common way of measuring the effectiveness of the Supply Chain is through the fill rate. Which of the following best describes the fill rate?
A. The rate at which the stock in warehouse storage bins increases. B. The number of items per hour that receiving employees can move from the receiving dock to the warehouse. C. The average amount of time it takes for the organization to fulfill customers' orders. D. The percentage, in monetary value, of a supplier's order which is actually delivered to the organization.
During the ____________ revolution in the 1950s, the government nationalized foreign-owned property without compensation.
Fill in the blank(s) with the appropriate word(s).