MacDougalKids is a mid-sized manufacturer of organic baby food. MacDougalKids uses a JIT inventory management approach. Which of the following factors would likely be least important when selecting inventory suppliers?
A) product price
B) product quality
C) vendor delivery dependability
D) All would be equally important
Answer: A
Business
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When the environmental conditions and consumer preferences of a global market differ from a domestic market, companies should use a ________ strategy
A) dual extension B) product extension/communication adaptation C) product adaptation/communication extension D) dual adaptation
Business
A Gucci bag sells for $120 in Italy and $240 in the United States due to the differences in the costs of distributing the product in the two countries. This phenomenon is called a(n) ________
A) opportunity cost problem B) market pricing problem C) tactical pricing problem D) price escalation problem E) transfer pricing problem
Business