The deviational variable di- typically denotes underachievement
Indicate whether the statement is true or false
TRUE
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The management of a corporation is responsible for electing the board of directors
Indicate whether the statement is true or false
A just-in-time environment has smaller inventories than the traditional manufacturing environment. As a result,
a. larger production lot sizes are the rule, in order to realize the cost-effectiveness of long production runs. b. the amount of working capital required for inventory typically increases. c. the just-in-time environment experiences a lower inventory turnover than the traditional environment. d. the just-in-time environment typically experiences a higher inventory turnover than the traditional environment.
The Basketball Division of Thunder Sports Enterprises reported the following financial data for the year: Assets available for use $1,200,000 Book Value $1,500,000 Market Value Residual income $108,000 Return on investment 14% Refer to Thunder Sports Enterprises. What was the Basketball Division's segment income?
a. $168,000 b. $125,000 c. $269,000 d. $ 19,000
Using suppliers from geographically diverse locations is what type of approach to risk management?
a. Increasing safety stocks/forward buying b. Identifying backup suppliers and logistics services c. Diversifying the supply base d. Utilizing a supply chain IT system