To prevent duplicate purchase requests and to allow the requesting department to ensure that a purchase order has been created, the purchasing department should ______________________________
Fill in the blank(s) with correct word
confirm purchase order to requesting departments
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The payment of salaries to employees will debit salaries expense account and credit ____________________
Fill in the blank(s) with correct word
Leadership traits viewed universally as unacceptable, according to the Project GLOBE study, are
A. passive, indirect, and unprincipled. B. indecisive, unprincipled, and dishonest. C. indirect, indecisive, and antisocial. D. egocentric, loner, and dictatorial. E. indirect, intellectual, and passive.
Answer the following statement(s) true (T) or false (F)
1. Customers are often more involved in the design of services than in the design of goods. 2. External fit of new products relates to the condition of the market and desires of customers. 3. The automotive industry often uses contract manufacturers to produce component parts. 4. Idea generation is the first stage of the product development process. 5. IBM and Microsoft are both well known for basic research accomplishments.
Which of the following is a correct statement regarding organizational buying behavior and consumer buying behavior?
a. Consumer transactions are usually much larger than organizational transactions. b. Organizational buying is more frequent than typical consumer purchases. c. Organizational buyers that need specifications are more concerned than consumers about quality and service. d. Organizational buyers usually seek less information than consumers. e. In large companies purchase decisions are usually made by one person.