All of the following are basic information requirements for a product database except:
A. product descriptions.
B. stock numbers.
C. customer ID numbers.
D. inventory levels.
Answer: C
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The goal of the vendor audit is to evaluate potential suppliers in terms of cost and quality of merchandise
Indicate whether the statement is true or false
Why are inventory carrying costs higher for retailers who source internationally?
A. Labels of origin are typically put on products and need to be removed upon arrival. B. There is no way to predict the extra tariffs that will be levied by importing countries. C. Foreign distribution centers charge higher storage fees. D. Lead times are longer, and there is a need to maintain higher levels of safety stocks. E. Changes in fixed costs result in additional inventory.
What type of values-based leader would be described as someone who “leads from behind”? Someone who leads without interests in earning a profit or being in the public eye.
What will be an ideal response?
Janet likes to take the time to think carefully about a problem by breaking it into pieces. This way she can look at it in a more general way. This, she finds, helps her generate ideas about how certain products and services can be improved or made more innovative. Which of the following terms apply to Janet?
a. active search b. alertness c. analytical strategies d. building approach