Which of the following is a manufacturing activity that must be included in a true enterprise resource planning (ERP) product?
A) supplier management
B) capacity planning
C) sales prospecting
D) procurement
B
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Commissions and salaries expenses are paid 50% in the month to which they are incurred and the balance in the next month. Rent and miscellaneous expenses are paid as and when they occur. Insurance is prepaid at the beginning of the quarter. Calculate cash payments for the selling and administrative expenses for the first quarter of the next year.
The following details have been extracted from the budget of a merchandising company.
A) $21,100
B) $49,200
C) $70,300
D) $26,200
Which of the following is NOT characteristic of companies with innovative cultures?
a. flexibility b. encouragement of risk taking c. open systems d. a well-established change process
Describe how viral marketing works and discuss its relationship to MPR
What will be an ideal response?
A manufacturer of washing machines has expanded its plant and created excess capacity, just as the general economy takes a downturn. The company is likely to:
A. raise prices on washing machines to offset lost sales. B. be vulnerable to new entrants to an attractive market. C. suffer from intense rivalry from international manufacturers. D. offer rebates and incentives to customers to promote sales.