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NEW QUESTION: 1
Economic theory identifies two basic types of goods: inferior goods and superior goods. As consumer
income rises, a lower percentage of earnings are expended on inferior goods while a higher percentage of
earnings are spent on superior goods. Overall strategies for achieving organizational missions would
most likely match with types of goods as follows:
A. Cost leadership strategies would most likely be used for both inferior and superior goods.
B. Cost leadership strategies for inferior goods, differentiation strategies for superior goods.
C. Cost leadership strategies for superior goods, differentiation strategies for inferior goods.
D. Differentiation strategies would most likely be used for both inferior and superior goods.
Answer: B
Explanation:
Rule: Overall strategies are divided into two different types that are defined as follows:
Cost leadership: Organization seeks to capture market share through maintaining the lowest cost.
Differentiation: Organization seeks to capture market share by demonstrating product value.
Choice "b" is correct. Organizations that sell economically inferior goods (necessities such as cotton
swabs, light bulbs, etc.) are more likely to posture themselves as cost leaders than organizations that sell
economically superior goods (luxuries such as cruise packages, fine china, jewelry, etc.) who will likely
seek to differentiate the value of their product as part of their strategy.
Choice "a" is incorrect. Economically inferior products would likely be associated with cost leadership, not
differentiation while economically superior products would likely be associated with differentiation.
Choice "c" is incorrect. Economically inferior products would likely be associated with cost leadership, not
differentiation while economically superior products would likely be associated with differentiation.
Choice "d" is incorrect. Economically inferior products would likely be associated with cost leadership, not
differentiation while economically superior products would likely be associated with differentiation.
NEW QUESTION: 2
Two Customer Service Representatives each book a sales order for an item that is revision and lot controlled.
There are no other open, active sales orders for this Item.
Each Customer Service Representative pick releases their order to the same warehouse independently.
The Pick Release Rule used by both includes Auto Allocation.
On the resulting Move Orders, Inventory has allocated all the requested quantity for one of the sales orders, but only half the requested quantity on the second sales order was available to be allocated.
Using the Transact Move Orders form, which action sequence can the warehouse person use to reduce the allocation on the first Move Order so that both customer orders can be equally satisfied?
A. 1. View/Update Allocations;
2. Change the allocated Revision and Quantity values, as appropriate;
3. Change the Destination Sub inventory.
B. 1. View/Update Allocations;
2. Change the allocated Revision and Quantity values, as appropriate.
C. 1. View/Update Allocations;
2. Change the allocated Lot and Quantity values, as appropriate;
3. Select the appropriate Missing Quantity Action.
D. 1. View/Update Allocations;
2. Change the allocated Revision and Quantity values;
3. Change the allocated Lot and Quantity values, as appropriate
Answer: C
NEW QUESTION: 3
Which of the following IP addressing types is MOST likely to use an IP address starting with 169.254?
A. APIPA
B. Dynamic
C. Static
D. Link local
Answer: A