If a company's inventory turnover increases from 8 to 10, then its cash conversion cycle will also
increase, i.e., get longer.
Indicate whether the statement is true or false
FALSE
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A market researcher who uses multidimensional scaling (MDS) will:
A) attempt to estimate market size by analogy. B) ask respondents to rate a particular product or brand in terms of multiple characteristics or attributes. C) ask respondents to evaluate product or brand pairs in terms of similarity. D) attempt to determine the combination of product features that create the greatest utility for consumers. E) conduct a focus group.
The success of Six Sigma efforts depends on ______.
A. the support of a firm’s management B. the number of PhDs among the firm’s employees C. whether the firm is ISO certified D. whether the firm is in a manufacturing or in a service industry
The statement of cash flows shows the net effect of revenues and expenses for a reporting period.
Answer the following statement true (T) or false (F)
Which of the following is a salesperson who works to develop long-term relationships with particular customers and may hold the title of "account manager"?
A) an order taker B) an order getter C) a missionary salesperson D) a new-business salesperson E) a technical specialist