Which of the following is a possible disadvantage of JIT?
a. It makes the company focus on quality.
b. It requires a highly-skilled workforce.
c. It makes a company dependent on certain suppliers.
d. It can only work for larger companies.
e. All of the answers are correct.
c
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Which of the following is true of an exclusive dealing arrangement between a producer and a dealer?
A) It prohibits the producer from selling outside the dealer's territory. B) It prevents the producer from using any other dealer to sell its products regardless of geographical area. C) It gives the producer's products more shelf power compared to a competitor's products being sold by the dealer. D) It can be considered illegal if it increases competition substantially. E) It does not allow other producers to sell to that dealer.
Successful business objectives can be expressed by the mnemonic ________
A) S.M.A.R.T. B) R.O.M.I. C) B.C.G. D) S.W.O.T. E) P.P.P.P.
If managers of a company do not understand the behavior of its costs, they are likely to make poor decisions about the company's operations.
Answer the following statement true (T) or false (F)
Compare and contrast the response rates of the four basic survey methods. Are there methods to increase any of these response rates?
What will be an ideal response?