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NEW QUESTION: 1
MMM is a multi-national company that manufactures and sells consumer durables. MMM has recently experienced severe trading losses and its Marketing Director has decided to revise the Marketing Strategy paying due regard to MMM's key external drivers. Which THREE of the following are key external drivers for MMM?
A. An upward trend in commodity prices.
B. A growth in Protectionist trade policies in Africa and Asia.
C. A change in consumer age profiles in a country where MMM sells 5% of its output.
D. A decline in the value of the Euro and the U.S. dollar.
E. A modification to MMM's production processes designed to save fuel.
F. A change in MMM's domestic advertising agency.
Answer: A,B,D

NEW QUESTION: 2
Pckage.com sells hardware. The company uses the bill of material to define different computer packages of components for configuring their computers (printer, mouse, RAM, and so on). A customer just called and asked for a quotation for an Omnibook 6000. This was defined as a 'sales bill of material'. The sales employee just found that the printer that is offered with this package is out of stock. The employee tries to replace the printer in the package with another printer from the item list, but he cannot do it. What is the reason for this?
A. The Omnibook has to be defined as a 'production bill of material'. Only then can one item be replaced with another in sales documents.
B. The Omnibook has to be defined as an 'assembly bill of material'. Only then can one component be replaced with another in sales documents.
C. The Omnibook has to be defined as a 'template bill of material'. Only then can one component be replaced with another in sales documents.
D. The printer in the 'sales bill of material' must be set up as a phantom item. Only then can the item be replaced in sales documents.
Answer: C

NEW QUESTION: 3
All of the following statements regarding Bidder conferences are TRUE EXCEPT:
A. Bidder conferences are tool/ technique of Select Seller Process
B. Bidder conferences are used to ensure that sellers have a clear understanding of the project requirements
C. Bidder conferences are also called contractor conferences and vendor conferences
D. Bidder conferences are meetings with prospective sellers prior to preparation of a bid or proposal
E. All potential sellers are given equal standing during this process
Answer: A