The right physical distribution system should be based primarily on
A. the physical characteristics of the product.
B. the desired customer service level.
C. how customers store the product.
D. what is the lowest cost method of transportation for the product.
E. the inventory level that allows the smoothest production runs.
Answer: B
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Presenting customers with a verbal or written statement of the product idea and then recording their reactions is the most common approach to:
A) idea screening. B) brainstorming. C) concept testing. D) test marketing.
Which of the following is true of the enforcement of antitrust laws?
A) Enforcement of antitrust laws is carried out only in the public sectors. B) Enforcement of antitrust laws is carried out only in the private sectors. C) The Antitrust Division of the Justice Department exclusively enforces the Sherman Act. D) The Antitrust Division of the Justice Department has exclusive jurisdiction to enforce the Federal Trade Commission Act.
The correct discount rate for a firm to use in capital budgeting, assuming that new investments are as risky as the firm's existing assets, is its marginal cost of capital.
Answer the following statement true (T) or false (F)
A supply chain information system that is used in the internal supply chain at the strategic level is a(n):
A) CRM. B) DSS. C) ERP. D) SRM.