Concerning relationships with suppliers, which of the following combinations is critical to the success of JIT?
A) close relationships with trust
B) close relationships with skepticism
C) distant relationships with trust
D) distant relationships with skepticism
E) none of the above
A
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When are fixed costs relevant in a make or buy decision? Give one example of a relevant fixed cost
Gina would like to buy a house. She will pay 10 percent of the cost of the house as a down payment and borrow the other 90 percent from a mortgage lender. The home will serve as collateral for the loan
The lender will not make the loan to Gina unless the home is insured. Using insurance to secure the collateral for a loan illustrates which of the following benefits of insurance to society? A) enhancement of credit B) reduction of fear and worry C) source of investment funds D) incentives for loss prevention
If a bank wrongfully dishonors a depositor's check, the bank is liable only to the holder
Indicate whether the statement is true or false
Sales promotions are typically not considered a part of the IMC planning process.
Answer the following statement true (T) or false (F)