Replacement cost is most closely synonymous with:

Which of the following statements is most likely true about conducting business in China?

A) Take the initiative and move quickly to close deals. B) Bow slightly and shake hands when greeting others. C) Making a toast during a banquet is considered bad luck. D) The lowest ranking person in a room should be introduced first. E) Handkerchiefs and clocks are appropriate gifts that suggest good luck.

Supply chains can influence demand by using

A) production capacity and inventory. B) pricing and other promotions. C) price promotions and inventory. D) production capacity and inventory promotions.