A product that is simply labeled with the product category is considered a
A. private brand.
B. no-name product.
C. generic brand.
D. poor-quality item.
E. lean manufacturer brand.
Answer: C
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The inventory accounts used in a manufacturing business are
a. merchandise, materials, and work in process. b. materials, work in process, and finished goods. c. merchandise, materials, and finished goods. d. merchandise, work in process, and finished goods.
________ defines the formal relationship and use of people in organizations.
A. Both scheme and hierarchy B. Hierarchy C. Structure D. Scheme
The Incoterm for the situation where the product is delivered at a specified terminal, the seller pays for transport and insurance to that terminal and retains the risk until the goods are loaded at that terminal, is
A. DAT. B. CPT. C. FAS. D. CIP. E. CIF.
Which term below is an essential skill for employees in the workplace because it allows the receiver to hear and understand the message, and reassures the speaker that the message has been heard in the same terms in which it is delivered?
a. Paraphrasing b. Active listening c. Communication d. Processing