Which of these statements about time performance is best?
A) A supplier with high delivery speed must have high delivery reliability.
B) A customer with a narrow delivery window should have a supplier with high delivery reliability.
C) A supplier with low delivery reliability must have low delivery speed.
D) A customer with a wide delivery window should have a supplier with low delivery reliability.
Answer: B
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Interest on bonds is tax deductible.
Answer the following statement true (T) or false (F)
The ease with which the customer can place and receive their order as well as other aspects of value that the sales staff provides is
A) customer experience. B) order visibility. C) product availability. D) response time.
Mountain Mining Company, a U.S. firm, owns property in Bolivia. The government of Bolivia seizes the property for an illegal purpose without paying just compensation. This is
a. confiscation. b. defalcation. c. dumping. d. expropriation.
Elmer wrote a letter to his friend, Fred, offering to sell him an 80-acre farm for $200,000 . After mailing the letter, Elmer learns that the farm is actually worth $300,000 and changes his mind about selling. Which of the following is true?
a. Elmer must keep the offer open, because this is an option contract. b. Elmer is stopped from revoking his offer to Fred. c. Elmer has made a firm offer to Fred which cannot be revoked. d. Elmer can revoke his offer at anytime, because there is no consideration to keep it open.