A firm should consider vertical integration when
A. customer needs are evolving.
B. the suppliers of raw materials to the firm are unable to maintain quality standards.
C. the competitive situation is highly volatile.
D. the suppliers of the firm willingly cooperate with the firm.
Answer: B
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Cash flows from selling trading securities are usually reported in the statement of cash flows as part of:
A. This is not reported in the statement of cash flows. B. Financing activities. C. Noncash activities. D. Operating activities. E. Investing activities.
The difference between goods available for sale and ending inventory is:
a. gross profit. b. cost of goods sold. c. net sales. d. net purchases.
In a neutrality agreement
A. both the employer and the employee agree to binding arbitration. B. the employer agrees not to campaign against or disparage the union. C. labor and management submit to organizer training. D. labor agrees to bring all grievances to a mediator.
Milk is stocked at the grocery store each week. At the end of the week unsold milk is reduced in price by 70% and always sells for this lower price instantly
If weekly demand for milk is normally distributed with a mean of 200 gallons and standard deviation of 25 gallons, find the price for which a fresh gallon of milk sells. Assume a service level of 95% and that the store purchases milk for $2 per gallon.