Dependability Is the Consistency of Replenishment

question 113

Multiple Choice

Dependability is the consistency of replenishment. This is important to all firms in a supply chain and to consumers. It can be broken into three elements: consistent lead time, safe delivery, and

• A)complete delivery.
• B)honest and accurate pricing.
• C)quality products.
• D)product warranties.
• E)a well-informed delivery staff.

Identify factors influencing consumer behavior, including personal and family influences.

Understand the complexities and considerations in pricing strategies and decisions.

Understanding the goals and benefits of relationship marketing.

Recognizing the influencing factors of consumer behavior.

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Definitions:

Accelerated Depreciation

Any method that shifts depreciation forward in an asset’s life. Accelerated methods increase early charges and reduce those that come later, keeping total depreciation constant.

Tax Accounting

A method of accounting that focuses on taxes rather than the appearance of public financial statements.

Deferred Tax Liability

Deferred Tax Liability is a tax that is assessed or is due for the current period but has not yet been paid, often resulting from timing differences between book and tax deductions.

Economic Depreciation

A decrease in the value of an asset due to changes in market conditions or technology, as opposed to physical wear and tear.