The organizational decision to purchase production inputs, components, or finished goods from domestic or foreign producers is known as the ________ decision
A) import/export
B) NTB
C) preferential
D) sourcing
E) security
D
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Which of the following is a disadvantage of manufacturer/distributor storage with customer pickup?
A) Customer experience is lower than other options because of the lack of home delivery. B) Response time is similar to package carrier delivery with manufacturer or distributor storage. C) Returnability is somewhat easier given that pickup location can handle returns. D) Product availability is similar to other manufacturer or distributor storage options.
If you expect to retire in 30 years, live on $50,000 per year and expect the inflation to average 3% over the next 30 years, what amount of annual income will you need to live at the same comfort level in 30 years?
A) $121,363 B) $$95,000 C) $20,599 D) $51,500