Tony Pool Chemical Co. purchased 144 buckets of chlorine tablets over the Internet from Chemical, Inc., then placed the order with the manufacturer and arranged for its transportation by truck to the Tony Pool store. Chemical, Inc. took title to the pool chemicals but never actually took possession of them. Chemical, Inc. is an example of a ________.
A. mail-order wholesaler
B. truck jobber
C. drop shipper
D. cash-and-carry wholesaler
E. rack jobber
Answer: C
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What is the first step in the reflective problem-solving approach?
a. Select a solution. b. Establish criteria. c. Analyze the problem. d. Implement the solution. e. Define the problem.
A sustainable competitive advantage is gained when a company
A. has resources in well-populated geographical locations. B. has durable competitive assets that are central to its strategy and superior to those of rival firms. C. can stand out relative to rivals because of resource utilization. D. has sufficient resources to expedite its strategy. E. realizes its inherent weaknesses are transformable to advantages.
Section 8(a) of the National Labor Relations Act makes it an unfair labor practice for an employer to interfere with, coerce, or restrain employees from exercising their statutory right to form and join unions
Indicate whether the statement is true or false
Which term below is defined as the distribution of power across all levels of the organization?
a. Globalization b. Decentralization c. Cross-functional teams d. Centralization