The objective function in a goal programming model seeks to minimize the deviation from goals in the order of the goal priorities

Indicate whether this statement is true or false.

Answer: TRUE

Business

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Multinational organizations can shop from country to country and cut costs through:

A) lower wage scales. B) lower indirect costs. C) less stringent regulations. D) lower taxes and tariffs. E) all of the above.

Business

Which one of the following statements correctly represents a benefit of centralized buying?

A) Local managers have more control over their business. B) Purchases and production schedules are meshed more easily. C) Customization to local preferences is simplified. D) Increased buying power can result in significant savings in purchasing costs.

Business