Given the trend toward offshoring and outsourcing, value chains have become:

A. subject to geographical constraints.
B. complex.
C. easy to manage.
D. risk-free.


Answer: B

Business

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Normally, a duty to pay the agent is implied unless special circumstances or the relationship of the parties suggests that a gratuitous agency was intended.

Answer the following statement true (T) or false (F)

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A manufacturer of acrylic, latex, and nitrile gloves sells to medical laboratories, factories where employees handle chemicals, companies that manufacture micro-tech equipment, and cleaning services

The company is organized to better satisfy the specific needs of each of its four target markets, so it uses a ________ structure. A) product category B) market manager C) brand manager D) venture team E) family brand

Business

The following materials standards have been established for a particular product: Standard quantity per unit of output 4.4poundsStandard price$13.20per pound?The following data pertain to operations concerning the product for the last month: Actual materials purchased 4,800poundsActual cost of materials purchased$62,880 Actual materials used in production 4,300poundsActual output 700units?The direct materials purchases variance is computed when the materials are purchased.?What is the materials price variance for the month?

A. $430 U B. $480 F C. $480 U D. $430 F

Business

Microsoft Access is a personal database system, and a personal database system is characterized by ________

A) the DBMS removing the metadata from the database B) the DBMS product taking the role of the DBMS and the database application generator C) the DBMS not supporting indexes D) the DBMS product being limited to a maximum of ten tables in any given database

Business