The tracking of inventory shrinkage due to theft, damage, or errors is done with the help of a (n) ________ of inventory
A) authorization
B) sale
C) physical count
D) delivery
C
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Which of the following is an advantage of primary data collection?
A) Data can be collected quickly to meet the manager's needs. B) Data is tailored to the manager's needs. C) It is one of the most inexpensive data collection methods . D) Data is more accurate because it has already been analyzed for some other research problem.
Over time the workforce will continue to change. How do you see the face of the workforce in 20 years? In what ways will continued diversity create competitive advantages for companies? Discuss based on the material in the textbook.
What will be an ideal response?
If, in a letter of credit, no bank is nominated, then the letter of credit is said to be:
a. a standby letter of credit. b. a transferable credit. c. freely available. d. null and void.
The use of varying customer orders to create and update forecasts is associated with which cause of the bullwhip effect?
a. Demand forecast updating b. Price fluctuations c. Order batching d. Rationing and shortage gaming