Which of the following is true of logistics?
A) Companies can gain a powerful competitive advantage by using improved logistics to enhance customer service or lower prices.
B) The cost savings to a company and its customers due to improved logistics is typically nominal.
C) Less than 5 percent of an average product's price is accounted for by shipping and transport.
D) The cost of logistics is considerably less than advertising.
E) Shaving off a small fraction of logistics costs has very little impact on savings.
A
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Which of the following authorities is responsible for tracking changes in the composition of the U.S. labor force and forecasting employment trends?
A. National Statistics Association B. Occupational Outlook Bureau C. U.S. Census Bureau D. Bureau of Labor Welfare E. Bureau of Labor Statistics
An owner gives ABC Realty an exclusive agency listing for 60 days. Thirty days later the owner finds a buyer and sells the property without the services of ABC realty. The:
a. owner owes ABC Realty a commission b. owner does not owe a commission c. the sale is invalid d. two of the answers are correct