If any portion of a long-term debt is to be paid in the next year, the entire debt should be classified as a current liability

Melrow Inc., a U.S. firm, suffers heavy losses and lays off many of its employees. As a measure to reduce its manufacturing costs, it shifts its production units to another country where inexpensive labor is available

In this scenario, Melrow Inc. is engaged in _____. a. licensing b. outsourcing c. franchising d. inshoring

________ may reduce overall profits for a firm if a single product contributes the majority of the demand

A) Shortened forecasting window B) Quick response C) Postponement D) Tailored sourcing