When an organization tries to improve cycle times in a manufacturing process, it finds far more value in problem solving shaped by the diverse experiences, perspectives, and learning of a tightly knit team than in a training manual alone. SAP uses these ________ flows to gain competitive advantage.

A. knowledge stocks
B. tacit
C. knowledge
D. knowledge assessments


Answer: C

Business

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Which of the following is true of public relations?

A) It provides quick incentives to make product purchases. B) It emphasizes news and events rather than sales C) It involves training a dedicated sales force to meet customers. D) It cannot be used to dramatize a product or company. E) It is the most widely used promotional tool.

Business

A company purchased $1,800 of merchandise on July 5 with terms 2/10, n/30. On July 7, it returned $200 worth of merchandise. On July 12, it paid the full amount due. Assuming the company uses a perpetual inventory system, and records purchases using the gross method, the correct journal entry to record the payment on July 12 is:

A. Debit Accounts Payable $1,800; credit Cash $1,800. B. Debit Accounts Payable $1,600; credit Merchandise Inventory $32; credit Cash $1,568. C. Debit Accounts Payable $1,600; credit Cash $1,600. D. Debit Merchandise Inventory $1,600; credit Cash $1,600. E. Debit Cash $1,600; credit Accounts Payable $1,600.

Business

A ________ is a situation in which a person holds an interest in another person's property without actually owning any part of the property

A) present possessory interest B) future interest C) reversion D) nonpossessory interest

Business

________ (or complaint) letters are written by customers to identify or to correct a problem with products or services they have purchased

Fill in the blank(s) with correct word

Business