The role of safety stock in an organization is to
a. reduce the lead time for an order to be received.
b. reduce the probability of a stockout.
c. reduce the order point.
d. decrease the economic order quantity.
B
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The key functions of handling employee complaints and negotiating with unions is the job position of the manager of:
a. personnel appraisal and development b. employee and industrial relations c. HR systems d. personnel planning and staffing
Which of the following types of customers generally have the lowest customer history?
A) new customers B) captive customers C) loyal customers D) unprofitable customers E) repeat customers
A bank makes credit entries into a depositor's account for all of the following except ________
a. proceeds for a loan made to the company by the bank b. service charges c. deposits made by electronic funds transfer d. correction of bank errors
What is meant by context in the process of formulating a total compensation strategy?
What will be an ideal response?