Which of the following is not a goal of JIT partnerships?
A) removal of unnecessary activities
B) removal of in-plant inventory
C) removal of in-transit inventory
D) inspect all incoming shipments to ensure zero defects
E) All of the above are goals of JIT partnerships.
D
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Multichannel conflicts are common when the members of one channel get a lower price based on larger-volume purchases
Indicate whether the statement is true or false
An agreement between two parties to pay a lesser amount to settle an unliquidated debt is
a. enforceable, as there is consideration. b. unenforceable, as there is no consideration. c. enforceable in only some states. d. unenforceable as a violation of public policy.
One of the main challenges in developing the proper culture for TQM is to:
A) define customer for each employee. B) suspend reward systems based on quantity. C) institute an equitable employee recognition program. D) get buy-in from the customer.
Which of the following is most likely to be a product stocked solely by an industrial distributor?
A. Tires B. Wind turbines C. Roofing nails D. Kitchen countertops E. Office supplies