Which of these statements about reverse logistics is BEST?
A) Reverse logistics systems are usually less cost-efficient than forward-based systems.
B) Reverse logistics systems are usually designed to be less flexible than forward-based systems.
C) Reverse logistics systems usually play no role in customer satisfaction.
D) Reverse logistics systems usually use the same processes and players that comprise the forward-based system.
c
Answer: A
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Which of the following is true with regard to value selling?
A) Value selling refers to earning business from customers by cutting down prices of value products. B) Value selling refers to delivering superior customer value and capturing a fair return on that value. C) Value selling refers to the mass production of inferior-quality goods for sale. D) Value selling dilutes customer loyalty in the long run. E) Value selling tarnishes the brand image of a product in the long run.
Commerce & Trade Corporation and Distance Shipping & Transport, Inc, form a business trust. eCharge Auto Company and Fleet Electric Corporation form a joint stock company. Green AgriCorp and Harvest Farms, Inc, form an in-corporated cooperative. What features do these combinations of business organization have in common?
Stale Checks. On July 15, 1986, IBP, Inc, issued to Meyer Land & Cattle Co a check for $135,234.18 payable to both Meyer and Sylvan State Bank for the purchase of cattle. IBP wrote the check on its account at Mercantile Bank of Topeka. Someone at the
Meyer firm misplaced the check. In the fall of 1995, Meyer's president Tim Meyer found the check behind a desk drawer. Jana Huse, Meyer's office manager, presented the check for deposit at Sylvan, which accepted it. After Mercantile received the instrument and its computers noted the absence of any stop payment order, it paid the check with funds from IBP's checking account. IBP insisted that Mercantile credit IBP's account. Mercantile refused. IBP filed a suit in a federal district court against Mercantile and others, claiming, among other things, that Mercantile had not acted in good faith because it had processed the check by automated means, without examining it manually. Mercantile responded that its check-processing procedures adhered to its own policies, as well as to reasonable commercial standards of fair dealing in the banking industry. Mercantile filed a motion for summary judgment. Should the court grant the motion? Why or why not?
The Civil Service Reform Act permits the use of ranking methods for federal employees.
Answer the following statement true (T) or false (F)