In Order to Provide Quick and Efficient Order Processing,W

question 50

Multiple Choice

In order to provide quick and efficient order processing,W.W.Grainger Inc.,

• A) Has hired an expert logistics and channel manager.
• B) Has a fully trained staff of order processors.
• C) Has developed a satellite communications system linking distributors and customers.
• D) Has hired experts to develop a proprietary communications software to link all members of the logistics process.
• E) Replaces computer hardware every year.

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Definitions:

Employee Ownership

Business ownership in which workers own shares of stock in the company that employs them.

Subchapter S Corporation

A form of corporation in the United States that meets specific Internal Revenue Code requirements, allowing it to be taxed as a pass-through entity, thus avoiding double taxation.

Shareholders

Individuals or entities that own one or more shares of stock in a company, and therefore have a financial interest in its performance.

Cooperative

Organization whose owners join forces to collectively operate all or part of the functions in their business.