Average inventory carrying costs tend to rise in __________ to the level of the inventory.
a. indirect proportion
b. inverse proportion
c. direct proportion
d. exponentially
e. marginal proportion
Question 2Grains, gasoline, forestry products, cement, and fertilizers can be transported by
a. Airways and trucks c. Tankers, barges, and railways
b. Railways and trucks d. Pipelines
Question 3Alan, the marketing manager for ReadOn Note, realizes that the company's consumer base holds low-effort attitudes toward the product. On closely observing the consumers' reactions, Alan notices that the consumers do not devote emotional resources to processing the central idea behind ReadOn Note's marketing communications. In this scenario, the consumers:
A) are passive recipients of the message.
B) are unable to decode the information of the message.
C) relate empathetically to the characters in the ad.
D) process information with high attention levels.
E) form strong beliefs about the message.
Question 4In which of the following is industrial compensation mandated by governments when purchasing defense-related goods and services in order to counterbalance the effect of the purchase on the balance of payments?
a. Counterpurchase
b. Buyback
c. Switch trading
d. Offset
Question 5Accepting a supplier's outside gifts and favors in exchange for special treatment is not a form of corruption.
a. True
b. False
Indicate whether the statement is true or false
Question 6The point where inventory carrying costs plus ordering costs are lowest is called the:
a. Lowest ordering point.
b. Total cost point.
c. Economic order quantity.
d. Marginal cost level.
e. Optimal order level.
Question 7____ provide a low-cost mode of transporting liquid or semi-liquid products from the source to the target market.
a. Airways
b. Railways
c. Tankers, barges, and other sea freighters
d. Pipelines
Question 8Sexual messages can create negative feelings, such as disgust or uneasiness, in some consumers.
Indicate whether the statement is true or false
Question 9In which of the following can credits in a clearing account be sold or transferred to a third party?
a. Switch-trading
b. Offset
c. Buyback
d. Counterpurchase
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