Drop shippers do all of the following EXCEPT which one?
A) take title to the merchandise
B) take actual possession of the merchandise
C) take orders from retailers and industry buyers
D) bill retailers and industry buyers
E) carry bulk products such as coal or timber
B
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Which of the following is a difference between private-sector organizations and nonprofit organizations?
a. Private-sector organizations often adopt undifferentiated strategies, while nonprofit organizations adopt differentiated strategies. b. Private-sector organizations must complement the efforts of nonprofit organizations, while nonprofit organizations must compete with the efforts of private-sector organizations. c. Private-sector organizations prioritize market segments that are most likely to respond to particular offerings, while nonprofit organizations target those who are apathetic about receiving their services. d. Private-sector organizations often market complex behaviors or ideas, while nonprofit organizations do not market complex behaviors or ideas.
A firm has $60,000 in cash, $200,000 in accounts receivable, and $400,000 in current liabilities. Its quick ratio is _____
a. 0.5 b. 0.65 c. 1.7 d. 2.0