Which of the following is an advantage of retail storage with customer pickup?
A) Inventory cost is higher than all other options.
B) Transportation cost is lower than all other options.
C) Facilities and handling costs are higher than other options.
D) Product variety is lower than all other options.
Answer: B
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The budgeting process formalizes and documents managerial plans to clearly communicate objectives to both superiors and subordinates. This budgeting requirement is an example of:
A. planning. B. performance measurement. C. budget coordination. D. taking corrective action.
When inventory costs are declining, which of the following inventory costing method will result in the lowest ending merchandise inventory?
A) first-in, first-out B) last-in, first-out C) weighted-average D) specific identification
Gerstner and Day’s meta-analysis found ______.
A. the stranger phase is an invalid construct B. high LMX is not correlated with job satisfaction C. support for the psychometric properties of the LMX 7 questionnaire D. LMX measures followers’ exchanges, not leaders’
Which of the following lists the three important components of a basic marketing information system (MIS)?
A) competitive intelligence, internal records, and all sales personnel B) existing data, market researchers to gather more data, and the technology to convert those data into information C) managers at all levels, corporate culture, and internal data D) data, computer hardware and software, and output for marketing decision makers E) information resources, technical experts, and marketing managers