In the fulfillment process, a plant is
a. A facility from which the company provides after-sales support
b. A storage area
c. A manufacturing facility only
d. A facility from which the company delivers only services to its customers
e. A facility from which the company delivers products and services to its customers
Answer: e. A facility from which the company delivers products and services to its customers
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Focused low-cost and focused differentiation strategies carry very little risk for the companies that make use of them.
a. true b. false
An agency coupled with an interest will be created by a written agreement providing that
A. A borrower will pledge securities to a lender and authorize the lender to sell the securities and apply the proceeds to the loan in the event of default. B. An employee is hired for a period of two years at $40,000 per annum plus 2% of net sales. C. A broker is to receive a 5% sales commission out of the proceeds of the sale of a parcel of land. D. An attorney is to receive 25% of a plaintiff's recovery for personal injuries.