An extensive business plan that is not followed is more valuable than no business plan at all.

Answer the following statement true (T) or false (F)


False

Rationale: The purpose of the plan is to cause action not write a plan.

Business

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Mail-order wholesalers are associated with all of the following EXCEPT which one?

A) selling products to small retailers and other industrial customers B) selling products to retailers in remote locations C) allowing shipment prior to receiving payment D) carrying products in inventory E) selling through catalogs

Business

Which of the following terms refers to people recognized by an industry for contributing original perspectives to their field?

A) executive managers B) team leaders C) consumer advocates D) thought leaders E) industrial specialists

Business

A debtor's vehicle is never exempt from satisfaction of a judgment debt.?

Indicate whether the statement is true or false

Business

Using the fixed-time-period inventory model, and given an average daily demand of 200 units, 4 days between inventory reviews, 5 days for lead time, 120 units of inventory on hand, a z of 1.96, and a standard deviation of demand over the review and lead time of 3 units, which of the following is the order quantity?

A. About 2,686 B. About 1,086 C. About 1,806 D. About 1,686 E. About 2,206

Business