Kayleigh is looking over a number of material requisition slips from her employees. She has to sign off on each request after reviewing it, which she thinks is a waste of time and effort. Kayleigh believes that having the name of the employee who requested the materials should be enough. Is she correct?A :Yes, it is an extra step and a waste of time; this could be eliminated to allow each requestor to be responsible. B :No, approval by an individual other than the requestor establishes greater accountability over inventory. C :Yes, most companies allow the responsibility to rest with the requestor and the receiver of the material requisition slip.
D :No, having one person approve of all inventory works to reduce inventory cost as well as lost request forms.

d. all of the above are true.

1   all nations face the problem of scarcity because there are limited resources and unlimited wants. nations do not have enough factors of production to produce everything that their population wants. entrepreneurial resources initiate businesses to make new goods and services; labor resources produce goods and services.

2 there are four factors of production: natural resources, labor resources, capital resources, and entrepreneurial resources. natural resources are raw materials from nature that are used to produce goods. trees, water, and grains are natural resources. some natural resources, such as wheat and cattle, are renewable

3 wants

things that you do not need to have in order to survive, but would like to have

needs

things that you must have in order to survive

goods

physical products

services

tasks that a business perform for customers

resources

items that people can use to make or obtain what they need or want

determine

to settle or decide by choice of alternatives or possiblities

4 i really dont know

answer; read and consider the content of the items;

answer; someone must cover the cost associated with the provision of scarce goods in both sectors;