Questioning users about their needs and being skeptical and doubtful about initial responses can result in better systems and more accurate predictions of how those systems will work.

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


True

Business

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Troma Inc is a famous manufacturer of cookware that follows a traditional distributor-retailer system to distribute its products. The company abstains from the use of automated supply chain management (SCM) systems mainly due to the fear of unknown

However, rapidly escalating operational costs and inefficiencies have made it necessary for the company to implement an SCM system. The company goes for a big-bang installation of SCM system to become more competitive and cost effective. Identify the adopter group to which Troma belongs. A) innovator B) early adopter C) early majority D) laggard E) late majority

Business

Candace's Candies, Inc. produces gummy bears. The company purchases raw materials, stores them in a warehouse, and then runs them through two processes: production and packaging. During September, the production process incurred the following costs in processing 20,000 gummy bears:


Use the FIFO method to compute the September conversion costs in the Production Department.
A) $58,500
B) $268,500
C) $50,500
D) $8000

Business

What are the benefits of standardization of global operations?

What will be an ideal response?

Business

Which of the following is NOT included within the Code definition of merchantability?

A) Reasonably fit for the ordinary purposes for which the goods are used B) Pass without objection in the trade under the contract description C) In the case of secondhand goods that they be of a quality that matches that of new goods of the same type. D) Are of fair, average quality.

Business