Which of the following is a question that companies will need to carefully establish their supply bases?
a. What current and future supplier capabilities are required?
b. How many suppliers are required to support company needs?
c. Should we establish/require specific suppliers at the Tier 2 and Tier 3 levels?
d. All of the above.
e. None of the above.
d
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Which of the following is NOT a cost of anticipated inflation but arises only if inflation is unanticipated?
A. Inflation interacts with the tax system to hurt savings and investment in physical capital. B. Inflation represents an implicit tax on holding money. C. Firms face menu costs of changing prices. D. Higher inflation leads to greater uncertainty about the future inflation rate.
Asset turnover in an organization is an example of internal company metrics
Indicate whether the statement is true or false
Performance measures are limited to financial data
Indicate whether the statement is true or false
What best describes the public use doctrine relative to patents?
A) Patents will not be granted for items that have been used by the public for more than one year before the patent application was filed. B) Patent protection will be lost if a member of the public successfully discovers how to build the patented item through reverse engineering. C) The public is allowed to engage in limited use of a patented invention without being held liable for damages. D) Patent protection is lost if the patented item becomes used by the public after the patent is granted. E) Once a patent is granted, it will be lost if the patented item is not made available to the public within one year after the patent is granted.