Which match of characteristics is correct?
a. Services ? Customers can easily compare competitors’ products
b. Manufacturing ? Location based on low cost
c. Services ? Tangible product
d. Manufacturing ? Decentralized locations
b. Manufacturing ? Location based on low cost
You might also like to view...
Sources of secondary information include
A) first-hand observation. B) in-person interviews. C) newspapers and periodicals. D) experiments. E) an online survey designed specifically for your project.
Typical steps needed before a business can start selling goods and/or services to customers include:
A. only financing activities. B. financing and investing activities. C. only operating activities. D. only investing activities.
An operating cycle
a. is twelve months or less in length. b. is the average time required for a company to collect its receivables. c. is used to determine current assets when the operating cycle is longer than one year. d. starts with inventory and ends with cash.
The product life-cycle concept from microeconomics and marketing provides useful insights into the relations between cash flows from operating, investing, and financing activities. When a product matures
a. net income usually reaches a peak. b. working capital declines. c. operations generate negative cash flow. d. all of the above. e. none of the above.