Unless the parties agree otherwise, the credit period begins to run from the time the goods are

shipped.

Indicate whether the statement is true or false

TRUE

Business

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The purchase price of commercial food grinders has a relative importance of 30. Your food grinder has a purchase price rating of 6, and three of your competitors have a rating of 4, 3, and 5

What is your relative advantage with regards to the purchase price of your product? A) 30 B) 180 C) 20 D) 60 E) 6

Business

With the use of the elemental standard data approach:

A) there is no need to estimate allowances. B) managers can develop standards for new work before production begins. C) time studies are not needed. D) the need to specify job variables that affect times for each work element is eliminated.

Business