Which of the Following Is Not an Example of an Appropriate

question 58

Multiple Choice

Which of the following is not an example of an appropriate use of a cross-functional team?

• A) New product development.
• B) Preparing a RFQ for a routine commodity product.
• C) Locating a new production or distribution facility.
• D) Developing a commodity or purchase family strategy.
• E) Establishing a new business unit.

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Definitions:

Discount Period

The Discount Period refers to a specific timeframe during which a buyer can pay less than the full invoice amount as an incentive for early payment.

Credit Terms

Conditions under which credit is extended by a seller to a buyer, including payment period, discount for early payment, and late penalty.

Accounts Payable

Liabilities or amounts owed to creditors for goods and services received but not yet paid for.

Merchandise Inventory

The goods a company holds for the purpose of sale to customers.