The bullwhip effect says that a small change in demand downstream in the supply chain causes a large change in demand upstream
Indicate whether the statement is true or false.
Answer: TRUE
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Which of the following statements is generally considered desirable?
a. A large decrease in accounts receivable turnover ratio b. A decrease in the number of days' sales in receivables c. An increase in sales along with a larger decrease in the gross profit ratio d. A decrease in the cash flow from operations to current liabilities ratio
What is the first step a whistleblower should take before choosing to report on a company’s misdeeds?
a. Consult an attorney. b. Secure financial savings. c. Quit his or her position at the company. d. Call an anonymous ethics reporting hotline.
Liquidity ratios measure the ability of a company to survive over a long period of time
Indicate whether the statement is true or false
The Worker Adjustment and Retraining Notification (WARN) Act is a federal act that requires employers with 100 or more employees to give their employees 60 days' notice before engaging in certain plant closings or layoffs
Indicate whether the statement is true or false