Most organizations use four types of resources: material, human, financial, and informational.

Answer the following statement true (T) or false (F)


True

Business

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A competitive advantage should be difficult to imitate

Indicate whether the statement is true or false

Business

What is supply chain visibility?

A. Uses advanced mathematical algorithms to improve the flow and efficiency of the supply chain while reducing inventory. B. Enables viewing of all areas up and down the supply chain in real time. C. Ensures supply chain cohesion by automating the different activities of the supply chain. D. Occurs when distorted product-demand information ripples from one partner to the next throughout the supply chain.

Business

Disability insurance would probably cost the most for which of the following people?

A) A certified public accountant (CPA) B) An office worker C) A construction worker D) A telemarketer

Business

Mary, a sales representative for a small cleaning business, asks current customers for names of friends, customers, and other businesses that might be interested in the company's cleaning services. Mary is relying on _____ to identify potential customers.

A. customer-initiated contacts B. impersonal referrals C. marketer-initiated contacts D. personal referrals

Business