Which of the following statements is true of the supply chain?
A) All members of the supply chain of a firm must have geographical proximity.
B) Every supply chain must include suppliers, manufacturers, distributors, retailers, and customers.
C) Each organization in the chain is connected to just one company up the chain (toward the supplier) and down the chain (toward the customer).
D) The supply chain includes transportation companies, warehouses, and inventories.
Answer: D) The supply chain includes transportation companies, warehouses, and inventories.
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Why are management by exception leaders considered ineffective?
A) They are not team oriented, participative, or humane. B) They tend to be available only when there is a problem. C) They describe their least preferred co-worker in favorable terms. D) They provide considerable freedom to their employees. E) They fail to build followers' self-esteem and confidence.
The conceptual framework indicates that the primary users of financial information are the investors, lenders, and other creditors
Indicate whether the statement is true or false.