Choosing to locate near a cluster of component manufacturers would likely involve which location decision consideration?

a. National competitiveness
b. Proximity to markets
c. Proximity to suppliers
d. Land availability and cost


c. Proximity to suppliers

Business

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Changing inventory methods to take advantage of the tax breaks offered by LIFO is not a valid reason for a change in methods

a. True b. False Indicate whether the statement is true or false

Business

A new specialty tea shop opened up in town. In order to lure customers into the store, the owners sent their most popular teabag to 5,000 potential customers. This is an example of

A. an allowance. B. a rebate. C. a sample. D. a loyalty program. E. a coupon.

Business

Companies can reduce the time and cost of developing new products and reduce the cost of final products by using parts standardization

Indicate whether the statement is true or false.

Business

Private mortgage insurance

A) is typically required when the down payment is less than 20 percent. B) is required on all home mortgages. C) is desireable low cost insurance against defective title. D) can not be cancelled during the entire term of the mortgage.

Business