A virtual corporation is likely to look for a capable supplier to produce a product that meets the specs laid out in the firm's marketing plan.
Answer the following statement true (T) or false (F)
True
Many firms are finding that they can satisfy customers and build profits without doing any production in house. Instead, they look for capable suppliers to produce a product that meets the specs laid out in the firm's marketing plan.
You might also like to view...
What is the name of the legislation enacted in response to injuries and deaths from products being sold to consumers?
A. Federal Product Act. B. Product Liability and Safety Reform Act. C. Food, Drug and Cosmetic Act. D. Consumer Product Safety Act.
Feasibility reports analyze a problem, discuss options, and present a recommendation, solution, or action to be taken
Indicate whether the statement is true or false
The Overseas Private Investment Corporation (OPIC):
A) is a private company that analyzes and monitors the political climate of countries in which American companies do business. B) offers insurance to American companies to diminish the risks of expropriation of their property in the countries in which they do business. C) was successful in lobbying Congress to repeal the Foreign Sovereign Immunities Act which had, in the past, prevented American companies from seeking relief from countries which had expropriated their property. D) provides protection against natural disasters such as tsunamis in foreign countries.
Only transactions involving cash affect a company's cash flows.
Answer the following statement true (T) or false (F)