Which of the following is a job title for a professional buyer?
A) gatekeeper
B) procurement officer
C) initiator
D) influencer
E) sales manager
B
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Which of the following is NOT one of the results of the application of scientific management principles?
a. group characteristics affect motivation and productivity b. increased or improved productivity c. a high degree of routine work d. boredom e. poor morale
Old Spice used actor and former NFL wide receiver Isaiah Mustafa to act as its spokesman as the "Old Spice Man." It filmed humorous videos of the actor that went viral online. Old Spice saw sales of its deodorants increase substantially from the previous year. What type of competitive growth strategy did Old Spice use?
A. Product penetration B. Market development C. Diversification D. Market penetration E. Product development
Mulford Corporation has provided the following information concerning a capital budgeting project: Investment required in equipment$80,000 Expected life of the project 4 Salvage value of equipment$0 Annual sales$250,000 Annual cash operating expenses$200,000 Working capital requirement$20,000 One-time renovation expense in year 3$20,000 The company's income tax rate is 30% and its after-tax discount rate is 12%. The working capital would be required immediately and would be released for use elsewhere at the end of the project. The company uses straight-line depreciation on all equipment. Assume cash flows occur at the end of the year except for the initial investments. The company takes income taxes into account in its capital budgeting.The income tax expense in year 2 is:
A. $9,000 B. $3,000 C. $6,000 D. $15,000
If a company wants to streamline their procurement processes, they would probably choose to implement the ________ module
A) inventory management B) purchasing C) logistics D) finance E) asset management