Which of the following is an example of the way that information technology can reduce supplier power for an organization?

A. Switching costs.
B. Reverse auction.
C. Entry barrier.
D. Loyalty program.


B. Reverse auction.

Business

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What is the correct formula for cell B6?


a) =B5*(1-B3)/B4
b) =B5*(1-B4)/B3
c) =B5*B4/B3
d) =B5*B3/B4
e) =B5*(1-B3)/B2

Business

Explain the difference between price-takers and price-setters.

What will be an ideal response?

Business

Indicate the ways in which a bad-news message can be ended on a positive note

Business

Which of the following statements is NOT true with regard to check sheets?

a. These are used for repeated processes and operations. b. These are forms used to collect and record quality-related data. c. These sheets are difficult to design. d. These sheets are easy to understand.

Business