Which of the following is TRUE?

a. VMI stands for Vertically Managed Inventory
b. 3PL stands for Third Party Leverage
c. VMI stands for Vendor-Managed Inventory
d. 3PL stands for Three Point Logistics

c

Business

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A difficulty associated with the use of advertising by an independent or a chain with few units is the _____

a. high total costs b. long lead time c. high waste in geographic coverage d. low opportunity for computerization

Business

A business that grants licenses to a foreign national or foreign business entity is not a multinational enterprise

Indicate whether the statement is true or false

Business