All of the following are examples of the challenges that traditional manufacturers experience when using the Internet to sell directly to the consumer except:
A) moving to a demand-pull model.
B) high cost structures.
C) developing a fast-response online order and fulfillment system.
D) channel conflict.
B
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The following is a jumbled list of the four steps in structured systems analysis that were presented in the text: I. Define the future logical system. II. Document the current logical system. III. Study the current physical system. IV. Design the future physical system. Which of the following is the logically correct sequence of steps?
a. II, IV, I, III b. III, II, I, IV c. III, II, IV, I d. II, I, III, IV
Answer the following statements true (T) or false (F)
1) Smaller businesses invest in a periodic inventory system because of the ability to determine quantities of inventory on hand after each purchase and sale of merchandise inventory. 2) In a periodic inventory system, businesses must obtain a physical count of inventory to determine quantities on hand. 3) If a merchandiser uses the periodic inventory system, it is necessary to conduct a physical count of inventory to determine the quantity of inventory on hand. 4) In a periodic inventory system, purchases, purchase discounts, and purchase returns and allowances are recorded in the Merchandise Inventory account as and when they occur. 5) The Merchandise Inventory account is only used in a perpetual inventory system.
In preparing the bank reconciliation of Yardley Company for the month of July, the following information is available: Balance per bank statement, 7/31 ..................... $60,075 Deposits in transit, 7/31 ............................ 9,375 Outstanding checks, 7/31 ............................. 8,625 Deposit erroneously recorded by bank to Yardley's account, 7/18
...................................... 375 Bank service charges for July ........................ 75 What is the correct cash balance at July 31? a. $52,875 b. $54,375 c. $54,825 d. $60,450
A common method of off-the-job training is ______.
a. vestibule training b. foyer training c. mezzanine training d. backroom training