Which of the following are key reasons to build a strong order fulfillment (i.e., delivery) capability?
a. Out-of-stock occurences are a leading cause of customer dissatisfaction
b. Service failures cost retailers hundreds of billions of dollars every year
c. Fixing stockouts is easy to do, offereing companies a quick and easy return on investment
d. All of the above
e. Only A and B
e. only a and b
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Under oligopoly, there are ________ firms selling products that are ________
A) many; either identical or different B) a few; either identical or different C) many; different D) a few; identical
Which of the following would be most able to act like a monopsonist?
A) a hospital in a small isolated town B) a hospital in a very big city C) a law firm in Washington, D.C. D) a computer software firm in Silicon Valley
A tannery discovers a technology that makes it cheaper to reduce the air pollution it generates in making paper. On a graph of the optimal level of air quality, the use of the new technology would be represented by
a. a leftward shift of the marginal social cost curve b. a rightward shift of the marginal social cost curve c. movement to the right along the marginal social cost curve d. movement to the left along the marginal social cost curve e. a downward shift of the marginal net benefit curve
Outright transfer cuts are frequently used because they have a direct and very visible impact.
Answer the following statement true (T) or false (F)