A change to just-in-time manufacturing expands mainly the role of the
a. cost accountant.
b. machine operator.
c. purchasing manager.
d. quality control inspector.
B
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There are more businesses organized as corporations than as sole proprietorships and partnerships in the United States
a. True b. False Indicate whether the statement is true or false
Companies that are first to adopt advanced systems that reduce labor enjoy _____ for as long as their competitors lag behind.
Fill in the blank(s) with the appropriate word(s).
The negotiation phase of information ________ involves learning what you need to know about the issues, about the other party and their needs, about the feasibility of possible settlements, and about what might happen if you fail to reach agreement with the other side.
Fill in the blank(s) with the appropriate word(s).
Which of the following is true with regard to pure competition?
A) Under pure competition, no single buyer or seller has much effect on the going market price. B) In a purely competitive market, marketing research is of utmost importance. C) In a purely competitive market, product development is the focus of most firms. D) Under pure competition, the market consists of many buyers and sellers who trade over a range of prices rather than a single market price. E) Under pure competition, the market consists of only a few large sellers.