________ is the use of rules and SOPs to control an organization's activities
A) Visualization
B) Formalization
C) Standardization
D) Conceptualization
B
Business
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As compared with direct store delivery, a major advantage to the use of central warehousing is the _____
a. need for lower overall inventory levels b. need for extra handling for perishables c. ability to easily shift goods from one retail location to another d. increased capability for quick response inventory planning
Business
The ________ is the lowest rate of interest charged on business loans by the nation's leading banks to their best business borrowers
A) prime rate B) commercial paper rate C) federal funds rate D) treasury bill rate
Business