Answer:
Hub and spoke system
Explanation:
Costco Wholesale Corporation is a company that operates in the warehouse industry. They store merchandise at a lower cost than other wholesale or retail sources.
They aim to reduce warehousing cost for small and medium scale businesses.
In the hub and spoke system each component of the warehousing system are independent and contribute to the central warehousing activity.
It is also called the master feeder structure.
Freight traffic is moved to the central hub through spokes that are arranged around the centre like a wheel.
This system reduces the travel time and therefore is more efficient with lower cost
Answer: c). Ron should send a prospecting letter to see if there are any unadvertised openings
Explanation: Since Ron is interested at working at Gas’N’Go, but is unable to find an opening on the company Web site he should try and send a prospecting letter to see if there are any unadvertised openings. It might happen at times that companies do not post online for certain positions. but when Ron send a letter he might have a chance to get a call from them.
Answer: a. retained earnings was overstated and liabilities were understated.
Explanation:
Dividends are paid from the Retained Earnings so when a company announces a dividend, that dividend is to be deducted from the Retained earnings. As this was not done, the Retained earnings at year end are overstated.
As the dividends are not paid immediately, they become liabilities. With the relevant entries not made, the dividends were not recorded as liabilities which makes liabilities understated.
Answer:
B) False
Explanation:
The chicken tactic is a combination of a huge deceit or bluff about what you really want or need, and a threat to do something usually not very normal or rational. The whole idea is to try to force the other negotiating party to chicken out and surrender to your requests. Both a chicken tactic and a hardball tactic are designed to take advantage of the other party.
The problem with using a chicken tactic is what happens if the other side calls the bluff, will the threat be real or not, and what position will the other side hold. For example, an employer negotiating wage increases with a union, if the employer threats to close the factory and the other party tells him/her to go on and close it, what will be the result. This type of negotiating tactic can result in huge problems.
