A survey administered to suppliers to determine fit with purchaser needs is known as
A) request for quotation.
B) request for proposal.
C) preferred supplier contractor.
D) supplier self-assessment.
D) supplier self-assessment.
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Sales of luxury goods such as perfumes, colognes, and aftershaves depend heavily upon their initial response by the consumer. A well-designed package can create convenience and promotional value. It has been called the "silent salesman
" Which of the three levels of packaging is this "silent salesman"? A) retailer B) consumer C) shipping D) secondary E) primary
Which of the following represents a raw-material-exporting economy?
A) Papua New Guinea B) Democratic Republic of Congo C) India D) Egypt E) Philippines
Which of the following capital expenditure planning and control techniques has been criticized because it might mistakenly imply that earnings are reinvested at the rate of return earned by the investment?
a. payback method b. accounting rate of return c. net present value method d. internal rate of return
Answer the following statement(s) true (T) or false (F)
1. In the eyes of neoclassical economists discrimination in the workforce will get resolved on its own due to the forces of the market economy. 2. By law, affirmative action plans may not include quotas. 3. The United States has been using the term 'affirmative action' since shortly after World War II when minority veterans begin returning home. 4. Providing businesses with incentives to recruit employees from designated groups is one of the strategies countries use to promote affirmative action. 5. Trade unions have no part of promoting positive action policies that is strictly a management responsibility.