The authors cite IKEA as achieving an intercompany scope of strategic fit which serves to
A) minimize IKEA's costs.
B) align the strategic fit with the consumer surplus.
C) minimize the costs of all supply chain elements.
D) increase the supply chain surplus.
Answer: D
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Which of the following is a potential use of test marketing?
A) to test the sales potential for a new product B) to test variations in the marketing mix for a product C) to test the sales potential for a new service D) all of the above E) none of the above
Selective distribution is a strategy in which ________
A) more than one, but fewer than all, willing intermediaries are used by a seller B) products are stocked in as many outlets as possible by a seller C) products are not sold through intermediaries but directly to customers from producers D) all willing intermediaries are given rights to sell a product E) common household goods are preferred over luxury products by intermediaries
When using the estimate-based-on-sales method, the entry to record uncollectible accounts expense includes a credit to the Accounts Receivable account
Indicate whether the statement is true or false
The life expectancy in the United States is 78 with a standard deviation of 6 years. A random sample of 64 individuals is selected. a.What is the probability that the sample mean will be larger than 80 years?b.What is the probability that the sample mean will be less than 76.5 years?c.What is the probability that the sample mean will be between 76 and 82 years?d.What is the probability that the sample mean will be between 74 and 77 years?e.What is the probability that the sample mean will be larger than 76 years?
What will be an ideal response?