Decentralized warehousing systems result in all of the following EXCEPT this:

a. Increased responsiveness
b. Increased delivery service levels
c. Decreased inventory costs
d. Increased operating costs


c. Decreased inventory costs

Business

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On May 1, a two-year insurance policy was purchased for $18,000 with coverage to begin immediately. What is the amount of insurance expense that would appear on the company's income statement for the first year ended December 31?

A. $18,000. B. $6,750. C. $750. D. $5,270. E. $6,000.

Business

The body of a press release opens with a dateline that includes the city and state from which the release is issued and the release date

Indicate whether the statement is true or false

Business

A proposed law in New Jersey would ban the use of tanning beds by anyone under the age of 18. This restriction would be an example of which environmental force?

A. economic B. competitive C. regulatory D. technological E. social

Business

Which of the following statements is true? 

A. Most business plan resources on the Internet are too complex and expensive to be of use to the new venture. B. The preliminary business plan should be prepared by a lawyer. C. Once made, a business plan should not be changed. D. The business plan describes both internal and external elements.

Business