Just-in-time (JIT) delivery
A. increases storing and handling costs.
B. requires customers to have high quality standards in physical distribution activity.
C. is always the best approach.
D. shifts responsibility for physical distribution activities forward in the channel.
E. reduces customers' physical distribution costs.
Answer: E
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If a product is sold "as is"
A) it is covered by neither express nor implied warranties. B) it is not covered by an express warranty, but is covered by an implied warranty. C) it is not covered by an implied warranty, but can still be covered by an express warranty. D) it can still be covered by both express and implied warranties.
The time interval between when a user presses a key and when the result of
that action arrives at his or her workstation is called the: A. response time B. turn-around time C. think time D. delay time
An uncertain future event affecting the consequence associated with a decision is known as a
a. chance event. b. decision alternative. c. decision node. d. payoff.
The Foreign Intelligence Surveillance Act:
a. extends the protections offered under the Wiretap Act to electronic communications, such as email, fax, and messages sent over the Internet. b. was passed by Congress in 1994 and amended both the Wiretap Act and the Electronic Communications Privacy Act. c. requires any company doing business within the borders of the countries comprising the European Union to implement a set of privacy directives on the fair and appropriate use of information. d. allows surveillance, without court order, within the United States for up to a year unless the "surveillance will acquire the contents of any communication to which a U.S. person is a party."