The ability of a company to deliver a good or service by the time the customer expects to have it available for sale or consumption is referred to as

A. reliability.
B. timeliness.
C. ease of doing business.
D. order.
E. consistency.


Answer: B

Business

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Which of the following activities would be part of the value chain of a manufacturer?

a. Inventory control b. Product engineering c. Cost accounting d. Materials storage

Business

In a horse race, nine horses are running. Assume you have purchased a Trifecta ticket. (In Trifecta, the player selects three horses as first, second, and third place winners. To win, those three horses must finish the race in the precise order the player has selected.) How many possibilities of a Trifecta exist?

What will be an ideal response?

Business

A group of male college students are watching a professional football game in a sports bar and socializing with each other during the commercials. In the traditional communication model, the socializing during the commercials is the

A. source. B. decoding. C. noise. D. encoding. E. receiver.

Business

What models are developed during each design activity?

Business