Author Question: After a significant decline in earnings for 2016 Q3, Ralph Lauren announced that it will move its ... (Read 33 times)

genevieve1028 · **on:** Jul 14, 2018

After a significant decline in earnings for 2016 Q3, Ralph Lauren announced that it will move its warehousing services from a distribution center run by another company to one run by the fashion retailer. The decline in earnings and move to manage the warehouse themselves signifies that Ralph Lauren is looking to:
A) increase the efficiency of goods handling and distribution of goods to customers.
B) maintain low inventory levels while avoiding stock-outs.
C) find the best trade-off of speed and cost for transporting goods.
D) raise prices of their products to increase earnings.
E) gain valuable market information.

Question 2

Small businesses are typically managed by:
A) relatives.
B) professional managers.
C) friends.
D) the people who start and own them.
E) the board of directors.