An important goal of physical distribution is reducing the time it takes to complete
A. inventory management.
B. outsourcing evaluation.
C. electronic data interchange.
D. order processing.
E. cycle time.
Answer: E
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Calculating competitive strength ratings for a company and its rivals using the industry's most telling measures of competitive strength or weakness
A. is a way of determining which competitor has the highest overall competitive advantage in the marketplace and which competitor is faced with the lowest overall competitive disadvantage. B. is the most reliable indicator of which industry member has the lowest overall costs and is the low-cost leader. C. is the most reliable indicator of which industry member has the highest overall product quality. D. pinpoints which industry rivals are most insulated from the industry's driving forces. E. is a powerful way of revealing which competitors are in the best and worst strategic groups.
Pattern recognition is the process of identifying links or connections between ______.
a. unrelated things or events b. related things or events c. product and customer d. value and demand
Hard-copy text is not as easy to read as online text
Indicate whether this statement is true or false.
When introducing two people at a business function, you should
A) mention the younger one first if they are equal in rank. B) extend your hand and repeat your name clearly. C) use their first names only to avoid the problem of rank. D) present the lower-ranking person to the higher-ranking one.