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Which of the following statements is considered a market-value definition?
a)
We make railroads.
b)
We make copiers and scanners.
c)
We make theme parks.
d)
We move people and goods.
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- Classify the following as complements or substitutes and provide a justification if you feel it’s warranted. (It might be easiest to create a table in Microsoft Excel and put the phrase in one column while the answer goes in the next column.) dress shirts and ties peanut butter and jelly Nike brand shoes and Reebok brand shoes beer and wine cereal and milkAn engineer should not approve a project which is not safe for the public. It is an example of which type of ethics? O a. Religious Ethics O b. Personal ethics O c. Business ethics O d. Professional ethicsWhich of the following are business models for Asset Management (AM)? AM Consulting AM Systems AM as a Service (AMaaS) All of the above 49°F Sunny
- An organization with several product lines has a product mix. A product mix (or product portfolio) consists of all the product lines and items that a particular seller offers for sale. Select one: a. True. b. False. New techniques and methods of production are a part of: Select one: a. Natural environment b. Cultural environment c. Demographic environment d. Technological environmentWhich of the following statements are true or false? 1.1 One of the objectives of purchasing and supply chain management is to maintain an optimum balance of inventory that would ensure the desired level of customer service while increasing costs. 1.2 Supply management has a major impact on the net income of the firm because it increases input costs and reduces sales revenue 1.3 The purchasing and supply function of a firm operates independently from the other enterprise functions. 1.4 Supply Management is the process of planning, organising, coordinating and controlling all the resources of the firm effectively and efficiently in order to attain the objectives of the firm as determined by management. 1.5 Strategic plans formulated at top management of purchasing and supply management are implemented or executed at top level management 1.6 In decentralized purchasing structures negotiating power is increased and volume discounts are made possible. 1.7 Steps of the strategic…27) A company’s corporate office has to decide between investing capital in a given business as it in a high growth industry or divesting that business given its current low market share. The company business is represented by which of the following? a) A star b) A question mark c) A cash cow d A dog
- Selling concept is typically expert with unsought goods those that buyers can't usually think of buying, such as insurance of life Select one: True O False Previous page Next Return to: General dyTrue or False: It's important to get consumer feedback on the makes and models of cars you're considering buying. O True FalseOrganizations are teams of people that use equipment and technology. The purpose of an organization is to realize a certain mission and to achieve established goals. Select one alternative: False True
- The ultimate objective of business firms should be to satisfy the needs of their customers.True or FalseWhich of following is correct? (a)The value chain explains why an entity has a competitive advantage; (b) The value chain examines how an organisation has a competitive advantage; (c)It provides answers on how an organisation elects to compete; (d) It helps an entity to determine the steps to be taken beat its rivals on priceThe value of information is subjective and depends on a number of factors, one of which is, “the purpose the information is needed for”. Explain, using an example, how this would impact on the value of information