The higher the customer participation, the more uncertainty the firm has with respect to service time
Indicate whether the statement is true or false
T
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EOQ is a technique of analyzing all incremental costs associated with acquiring and carrying particular items of inventory
Indicate whether the statement is true or false
Tony is a manager a company that builds solar panels. In his position as a manager, Tonyused the feedback from his team members to as the basis of a plan for the company to start installing the solar panels, as well, in order to enhance the company’s competitive position and profitability. Tony is an example of ______.
a. an entrepreneur b. a marketing professional c. a corporate entrepreneur d. a strategist
Unlike a line of credit, in a revolving credit agreement:
A. a bank makes a binding commitment to provide a business with funds up to a specified credit limit at any time during the term of the agreement. B. a bank provides funds for no more than 90 days. C. the bank interest rate is allowed to float based on agreed-upon criteria. D. a bank agrees to make additional funds available as long as the principal and interest are paid.
Carol agrees with Dede and other performers to sign contracts with promoters and others on the performers' behalf. Carol is
A. an agent. B. an employee. C. an employer. D. a principal.