When a company neither fixes a single price worldwide nor remains aloof from subsidiary pricing, the strategy is referred to as ________
A) adaptation
B) invention
C) extension
D) depreciation
B
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From the retailer's view, ________ reduces the retailer's supply chain costs and investment because the vendor assumes the costs and risks of shipping the product to the customer.
A. drop shipping B. reverse logistics C. direct store delivery D. push supply chain E. pull supply chain
Setup costs are ______.
A. the costs of setting up retail operations B. the costs of changing production from one item to another C. usually higher than holding costs D. the same as storage costs
Logan is a director for Metal Masters Company. Ordinarily, Logan owes fiduciary duties only to
A. himself. B. Metal Masters's creditors. C. Metal Masters's personnel. D. Metal Masters's shareholders.
Which of the following is a necessary coordination mechanism that organizations rely on to get a standardized product or deliver a standardized service?
A. chain of command B. formalization C. span of control D. centralization E. work specialization