Prior to establishing a quick response (QR) inventory planning system, suppliers need to rethink their _____
a. credit terms and quantity discount schedule
b. quantity discount schedule and minimum order sizes
c. purchase prices and minimum order sizes
d. credit terms and minimum order sizes
b
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Which of the following is the strategic objective of the defensive core strategies: monetize, harvest, and divest?
A) maintain profits B) grow in existing markets C) maximize cash flow D) diversify growth E) improve competitive position
Which of the following factors is taken into consideration by David Ricardo's theory of comparative advantage in order to explain the pattern of international trade?
A. Absolute advantage of a country with reference to natural resources B. The proportions in which the factors of production are available C. International differences in labor productivity D. The ability of firms to cope with late-mover disadvantages E. The ability of firms to capture first-mover advantages