When using a continuous review policy, a manager has to account for the uncertainty of demand during the lead time and the review interval

Indicate whether the statement is true or false.

Answer: FALSE

Business

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Most big US retailers (e.g., Walmart and Best Buy) failed in their efforts to expand in international markets like Canada and South Korea because their business model failed to meet consumer needs in local markets. Their failure reflects ________.

A. political risk B. economic risk C. managerial risk D. currency risk

Business

Jon purchased a 640 acre tract of land in Virginia. Which method of legally describing property would work best for Jon?

a. Monument b. metes and bounds c. recorded plat d. geodetic

Business