Match the given scenarios to the different phases in business cycle. Onyx Corp. has decided
to make long term
investments
The economy of the country
has recorded its highest
employment rate
Jewel Inc. has decided
to lay off some of its
employees
Jones family's purchasing
power is higher than ever
Onyx Corp. is hiring
workers for its factory
Jewels Inc.'s sales
have dipped

Which of the following is false regarding the links between jit and quality? a. jit increases the cost of obtaining good quality. b. as quality improves, fewer inventory buffers are needed; in turn, jit performs better. c. jit reduces the number of potential sources of error by shrinking queues and lead times. d. inventory hides bad quality; jit immediately exposes it. e. if consistent quality exists, jit allows firms to reduce all costs associated with inventory.

Compare the sources of consumer credit(there's not just one answer)1. consumers use a prearranged loan using special checks2. consumers use cards with no interest and non -revolving balances3. consumers pay off debt and credit is automatically renewed4. consumers take out a loan with a repayment date and have a specific purposea. travel and entertainment creditb. revolving check creditc. closed-end creditd. revolving credit

Brenda wants a new car that will be dependable transportation and look good. she wants to satisfy both functional and psychological needs. true or false