For many companies, the cost-of-living adjustment is above and beyond that justified by the local conditions.
Indicate whether the statement is true or false
Question 2Teenagers in the _____ segment have low expectations of the future and material success and are alienated from society.
A) upholders
B) quiet achievers
C) netizens
D) bootstrappers
E) resigned
Question 3Which of the following is not one of the components of material ordering cycle time that supply chain management practices directly affect?
a. Transmission of requirements to suppliers.
b. Suppliers' ordering and manufacturing cycle time.
c. Allocation of manufacturing overhead costs.
d. Delivery from suppliers.
e. Incoming receipt and inspection.
Question 4Highly industrialized countries account for close to ____ of the world's gross national product.
a. 80 c. 40
b. 60 d. 20
Question 5The company controls the extrinsic aspects of motivation.
Indicate whether the statement is true or false
Question 6In the context of how age affects consumer behavior, teens:
A) tend to have less of a say in household purchases.
B) are disillusioned and less materialistic than other age groups.
C) enjoy a good deal of financial independence.
D) describe their generation as idealistic.
E) are debt-averse and have low financial literacy.
Question 7All of the following are examples of the future focus on supply chain performance except _____.
a. accelerating and obtaining more innovation from suppliers
b. focusing more and more on day-to-day tactical purchasing activities
c. leveraging supplier capabilities and know-how to establish new sources of revenue
d. identifying and mitigating supply risks of any kind to ensure business continuity
e. expanding the breadth and depth of cost management efforts
Question 8Which type of country is an important opportunity for firms operating in the areas of infrastructure development?
a. High-income countries c. Upper middle-income countries
b. Low-income countries d. Lower middle-income countries
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