Which of the following is NOT an element of organizational structure?
A) Well-articulated mission, vision, and value statements
B) Formal reporting relationships
C) Grouping together of individuals into departments
D) Systems designed to ensure effective communication
A
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Which of the following statements does not describe the benefits of utilizing distribution centers over direct store delivery?
A. The effects of forecast error for the individual stores are minimized and less backup inventory is needed to prevent stockouts. B. The use of distribution centers increases inventory investment. C. It is easier to avoid running out of stock or having too much stock in any particular store because merchandise is ordered from the distribution center as needed. D. More accurate sales forecasts are possible when retailers combine forecasts for many stores serviced by one distribution center rather than doing a forecast for each store. E. Distribution centers enable the retailer to carry less merchandise in the individual stores.
Frequently, employers will create a group consisting of representatives of various segments of an organization to work on safety-related issues. These groups are commonly referred to as
A. safety committees. B. monitors. C. labor-management committees. D. human resources assistants.
A firm's profit margin is 5%, its debt/assets ratio is 56%, and its dividend payout ratio is 40%. If the firm is operating at less than full capacity, then sales could increase to some extent without the need for external funds, but if it is operating at full capacity with respect to all assets, including fixed assets, then any positive growth in sales will require some external financing.
Answer the following statement true (T) or false (F)
All of the following are factors in the external environment affecting marketing EXCEPT:
A. marketing mix B. economic conditions C. technology D. political and legal factors E. competition