What are the four main components of diversity and what do they mean in relation to businesses?
What will be an ideal response?
*Age/Generation Diversity. Includes people of all different ages within the workplace
*Race and Ethnicity. Makes an effort to develop a deeper sense of cultural awareness by becoming
familiar with different languages and traditions
*Gender Diversity. Having equal representation of both men and women in the workplace
*Ability Diversity. Includes people of different levels of mental and physical abilities within the workplace
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The topic of foreign exchange rates relates most closely to the concept of
a. separate entity. b. money measure. c. nonexchange transactions. d. business transactions.
Business intelligence provides:
a. day-to-day operational capabilities b. analytical and reporting capabilities c. assistance to companies in the purchase-to-pay cycle d. assistance to companies in the order-to-cash cycle
The payee of a cashier's check is also primarily liable on the instrument
Indicate whether the statement is true or false
Answer the following statement(s) true (T) or false (F)
1. Although physical distribution by air has the fastest delivery speed, it is the worst method in terms of dependability. 2. Public and private warehouses both provide storage on a rental basis. 3. Freight forwarders combine small shipments from several firms and arrange for the merchandise to be picked up from the shipper and delivered to the buyer. 4. The materials handling phase of physical distribution does not start until the product has left the warehouse. 5. JIT systems allow organizations to maintain smaller inventories by ordering smaller amounts more often.