An innovation management system would most likely be used by ________
A) managers to update details about customer information
B) brand managers to collect, review, and evaluate new product ideas
C) suppliers to access inventory information
D) product managers to track logistics of a new product
E) human resource managers to update information on employee incentives
B
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For Raw Material B, a company maintains a safety stock of 5,000 pounds. Its average inventory (taking into account the safety stock) is 8,000 pounds. What is the apparent order quantity?
a. 16,000 lbs. b. 6,000 lbs. c. 10,000 lbs. d. 21,000 lbs.
Which of the following is/are not true regarding a merchandising firm?
a. Inventory appears on the merchandiser's balance sheet initially as an asset. b. Inventory is measured at acquisition cost. c. When a sale takes place, the firm recognizes the cost of the inventory as an expense (cost of goods sold) on the income statement. d. When a sale takes place, the firm recognizes the inventory reduction on the statement of cash flows. e. All of the above are false regarding a merchandising firm.
In the workplace, many French people are motivated by competition and the desire to emulate fellow workers.
Answer the following statement true (T) or false (F)
The PalmPilot from Palm Inc. was successful because it had a better _________ than Apple’s Newton MessagePad product.
a. External fit b. Internal fit c. Manufacturing fit d. Corporate fit