________ involves combining two or more systems of transportation to move products
A) Vertical transportation
B) Disintermediation
C) Just-in-time management
D) Vertical integration
E) Multimodal transportation
E
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When salespeople and buyers trust each other, they:
A. share ideas more willingly. B. assume that each party will be honest with the other one. C. assume there is no need to constantly monitor the activities of each other. D. communicate more efficiently. E. perform all of these.
Occupational Safety and Health Administration (OSHA) violations are categorized into three types: willful, intentional, and non-intentional.
Answer the following statement true (T) or false (F)
XYZ is a paint product manufacturer, and one of the plants is experiencing a substantial increase in demand. The future demand for the products could be low, medium, or high, with probabilities estimated to be 25%, 50%, and 30%, respectively. The company wants to determine the financial impact associated with the three decision alternatives under the varying levels of demand. Given the following payoff matrix, the firm’s manager should ______.
a. subcontract additional capacity.
b. build a new plant.
c. do nothing.
d. expand the plant.
Which of the following was likely an effect of the unification of European markets?
A. Many of the taxes and rules that had limited trade among member countries of the European Union were eliminated. B. The need to adjust strategies to reach submarkets of European consumers disappeared. C. Consumer prices rose and job opportunities became limited. D. The unification complicated inter-European commerce and trade directly. E. Firms operating in Europe had more difficulty obtaining access to large markets.