The proliferation of supply chain management is a core concept for businesses that can be attributed to several major factors.
(1) Identify and briefly address the core elements of the supply chain management system in creating customer value
(2) How has the concept of supply chain management taken off in the last twenty years? Explain your answer.
Answers
(1) The core elements of the supply chain management system in creating customer value are as follows:i. Planning: This involves forecasting customer demands and then designing the strategies to meet these demands.
ii. Sourcing: This is the process of finding and selecting suppliers to provide the materials and services needed for the business to operate.iii. Manufacturing: This involves the production of the goods according to the customer's demand and is the process of turning raw materials into finished products.iv. Delivery: This is the process of delivering the products to the customer in a timely manner.
v. Returns: This involves the process of handling returns and exchanges if the customer is not satisfied with the product.(2) The concept of supply chain management has taken off in the last twenty years due to globalization. The concept has become more popular due to the following reasons:i. Increased competition in the market has made companies realize that they need to improve their supply chain management to remain competitive.ii. Advances in technology have made it easier for companies to manage their supply chains.iii. Globalization has increased the complexity of the supply chain, making it more important for companies to manage their supply chains efficiently.iv. The emergence of e-commerce has made it possible for companies to sell products directly to customers, making supply chain management more important than ever.
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Related Questions
Mark is creating a disaster recovery plan based on directives from his company's executive management team. His company's business is an e-commerce website that sells children's apparel with 85 percent of its revenue received during the holiday season. If there was a severe disruption in operations, the loss of business could put the company's ability to continue as a financially viable operation in peril. Mark is creating a plan that will restore operations in the shortest amount of time possible if there was an outage. What DR model is he implementing
Answers
Answer: Hot site
Explanation:
The DR model that Mark is implementing is the hit site. A Hot Site enables a company to continue with its normal business operations, after the occurence of a disaster within a short period of time.
The hot site model is regarded as a fully functional backup site which can be used in the assumption of operations immediately in case when there's failure of the primary location fails.
Indicate the point where a monopoly will set its price.
Answers
Answer:
A monopoly will set its price at the point where marginal cost and marginal revenue intersects or meet (MC = MR).
Explanation:
A monopoly is a market structure which is typically characterized by a single-seller who sells a unique product in the market by dominance. Thus, it is a market structure wherein the seller has no competitor because he is solely responsible for the sale of unique products without close substitutes. Any individual that deals with the sales of unique products in a monopolistic market is generally referred to as a monopolist.
For example, a public power company that serves as the only power utility (electricity) provider to the public.
Generally, a monopoly will set its price at the point where marginal cost and marginal revenue intersects or meet (MC = MR). This is simply because a monopoly would derive the maximum profit at the point where MC = MR.
Answer:
The dot where green and red meet.
Explanation:
which of the following should be pracited among all co workers in the workplace
a.bullying
b.discrimination
c.stereotyping
d.tolerance
Answers
Answer:
c
Explanation:
Answer:
D. Tolerance
Explanation:
Because what, you souldnt do any of the others, dude, teachers sometimes
What types of planning can be done to improve a nation’s economy?
A nation can undergo ____ planning or ___ planning in order to improve its economy.
Answers
Answer:
A nation can undergo long-term planning or constructive planning in order to improve its economy. Long-term planning involves setting goals and implementing policies that will have an impact over a period of several years. This type of planning may involve investments in education, infrastructure, and research and development, among other areas. Constructive planning involves implementing policies that encourage economic growth and development, such as reducing barriers to trade, promoting entrepreneurship and innovation, and investing in key industries. These types of planning can help a nation to create jobs, increase productivity, and improve living standards for its citizens. THANK YOUA small consulting firm has an overhead rate of 200% of direct labor charged to each job. The materi- als cost (including travel and other direct costs) for a particular job is $10,000, and the direct labor is $20,000. What is the total job cost for this job? 4-19 Nieto Machine Shop budgeted 4,000 labor hours and 8,000 machine hours used in May. Total bud- geted overhead for May is $80,000. What is the overhead rate using labor hours and also using machine hours? Which would you pick and why?
Answers
1. Total job cost for the specific job:
- Direct labor cost: $20,000
- Overhead rate: 200% of direct labor cost
Overhead cost = 200% * $20,000 = $40,000
- Materials cost: $10,000
- Total job cost = Direct labor cost + Overhead cost + Materials cost
= $20,000 + $40,000 + $10,000
= $70,000
2. Overhead rate using labor hours and machine hours:
- Budgeted labor hours: 4,000
- Budgeted machine hours: 8,000
- Total budgeted overhead: $80,000
Overhead rate using labor hours:
Overhead rate = Total budgeted overhead / Budgeted labor hours
= $80,000 / 4,000
= $20 per labor hour
Overhead rate using machine hours:
Overhead rate = Total budgeted overhead / Budgeted machine hours
= $80,000 / 8,000
= $10 per machine hour
3. Choice of overhead rate:
The choice of overhead rate depends on the nature of the business and the cost drivers that best reflect the allocation of overhead costs. In this case, if labor hours are considered to be a more accurate representation of the consumption of overhead resources, then using the overhead rate based on labor hours ($20 per labor hour) would be more appropriate.
The selection of the overhead rate based on labor hours can help ensure that overhead costs are allocated more accurately, reflecting the actual labor-intensive nature of the business. However, the decision ultimately depends on the specific circumstances and cost structure of the organization.
The total job cost for the specific job with a materials cost of $10,000 and direct labor cost of $20,000 is $70,000. The overhead rate using labor hours is $20 per labor hour, while the overhead rate using machine hours is $10 per machine hour. The choice of overhead rate should be based on the cost drivers that best represent the allocation of overhead costs in the organization.
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20 points!
Which sentence indicates that Brian has instituted a loyalty program?
(1) Brian runs a juice bar that sells fresh juice products. (2) He hopes customers will drink the juices to stay healthy. (3) He offers a free juice for every customer who buys nine juices. (4) He also advertises the health benefits of fresh juice. (5) He hopes such an advertisement will attract new customers.
Answers
Answer:
So, the correct option is (3) He offers a free juice for every customer who buys nine juices.
Explanation:
A customer loyalty program or rewards program is a marketing strategy that rewards loyal customers that frequently engage with a brand.
So, the correct option is (3) He offers a free juice for every customer who buys nine juices.
Answer:
Offers free juice.....
Explanation:
correct on test
One of the most effective deterrents to abuses of privacy by social media companies is ________. Select one: a. Government regulations and fines b. Industry and professional standards c. Competitors’ ethical practices d. Fear of the public’s backlash and outrage
Answers
Answer
d. Fear of the public’s backlash and outrage
Explanation:
Abuse of privacy by this social media range from impersonation of someone else identity, hacking of people account which can leads to the theft of important informations by the owner. Abuse of privacy by social media companies is very rampant this days and it's very wrong because it causes more harm than good.
It should be noted that one of the way to curb this is for the social media companies to be served deterrents, which will discourage them from this act, such as Fear of the public’s backlash and outrage.
Your new health insurance has a $4000 deductible. What does that mean?
Answers
After the sale has been completed, what important step still remains for the sales associate to do?
Answers
Answer:
follow up with the customer after an appropriate amount of time
Explanation:
After the sale has been completed a salesperson's duty is not over. The salesperson must always be in direct contact with the customer and follow him or her up for the various means of business or anything else.
What is the role of a salesperson?The role of the salesperson is to closely look into the matters up and close and to understand the nature of the sales. The salesperson is very closely attached to the customer and must also hold a great relationship with the customers for sale.
The most important thing is that being a salesperson a person must always have the roles and responsibilities to understand the means of selling the right product to the customers.
The total process involved from convincing the customer to buy the product to selling the product must always be the responsibility of the salesperson. The role of the salesperson must not end there because the salesperson will also have to understand the various ways and means to understand the notion of nature of whether a customer might be interested in any kind of same business propositions.
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What are two disadvantages of paying by automatic payment?
Answers
The disadvantage of automatic payments:
If you have to employ your own care and support, you could feel stressed.You might, for instance, be forced to employ personnel while abiding by intricate tax and labour requirements.Digital payment systems offer the benefits of being quicker, safer, simpler to collect, and less expensive for the company. Your company's account payable department can save money on each invoice by integrating electronic payment options into the account payable process.
E-payments' greatest drawbacks include credit card fraud, repudiation of charges, and a lack of identification. The identity of the person entering the information online cannot be confirmed or authenticated. Neither a signature nor even a picture ID are required.
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The square of the standard deviation is the _____.
Answers
The square of the standard deviation is the variance.
In the field of statistics, when the standard deviation is applied to a study, it represents the difference that the subjects of the study have from the particular mean value of the group. In other words, it shows the extent of difference that is present in a group.
Variance is also a measure of the extent of diversity that is present in a study but the variance is the square of the standard deviation. Although both standard deviation and variance are similar but as the variance is the square of the standard deviation, it represents the diversity in a group to a larger extent.
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Overbooking is a common practice in the hospitality industry. What are the pros and cons of overbooking? Is overbooking ethical?
Answers
Cons: loss of hotel reputation, alternative arrangement for guests might be more expensive, may revive negative review online ,
The purposeful and deliberate act of overbooking runs counter to any acceptable standard of ethical business practice. In addition to the practice being ripe with serious legal, contractual and consumer protection violations, overbooking forces hospitality personnel into making conscious immoral and unethical choices.
How many manufacturing companies are in the north Georgia area
Answers
Answer:in addition to being a right-to-work state, with low unionization rates (2.5%), our quality workforce is one reason why companies in automotive, machinery, and plastics industries are experiencing high job growth. Whether you are looking for engineering talent to further innovation in products or processes, or a skilled labor force to work on the plant floor, Georgia has the existing and future workforce to fulfill your hiring needs. Georgia is home to many companies with a history of innovation that has impacted their.
Why do lenders often require a down payment when credit is used to purchase a good?
It reduces risk to the lender.
It eliminates interest charges.
It reduces the cost of the financed good.
It increases the cost of financing the good.
Answers
The payments are done through a down payment reduces the risk to the lender and therefore the lender requires down payments when credit is used to purchase a good. Thus (A) is the correct option.
What is a down payment?The amount of money that a purchaser pays on the purchasing of any expensive object. The down payment showcases a portion of the total purchasing amount.
It is made in the initial stage of purchasing. It reduces the risk of the lender and therefore, (A) is the correct option.
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_____ are important to possess because they can be used in many different jobs and situations. A. Career ladders b. Transferable skills c. Lifestyle goals d. Risk factors Please select the best answer from the choices provided A B C D.
Answers
Transferable skills are important to possess because they can be used in many jobs and situations.
What are transferable skills?Transferable skills are just what they sound like, the skills that you use in every job, no matter of its title or its field.Some transferable skills are hard, like coding or data analysis, and some are soft skills, like communication and relationship building.There are 7 Transferable Skills present:Leadership skillsCommunication skillsMultitasking skillsTeam working skillsTechnical skillsCreativity skillsUnfavourable Thinking skills.Therefore, The significant tool used to possess and can be used in many jobs and situations is Transferable skills.
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What determining factor do buyers use to
select products in a pure competition
market?
A. Quality
C. Profit
B. Brand
D. Price
Answers
Answer: D
Explanation:
Answer: In a pure competition market, the determining factor that buyers use to select products is price. Therefore, the correct answer is option D: price.
Explanation: In a pure competition market, the determining factor that buyers use to select products is price. In a pure competition market, there are many buyers and sellers, and the products offered by the sellers are largely the same. In this type of market, buyers will typically choose the product with the lowest price, as there is little difference between the products offered by the different sellers. Other factors, such as quality, brand, and profit, may also play a role in a buyer's decision, but in a pure competition market, price is typically the most important factor.
What is the main purpose of Hipaa?
Answers
The main purpose of the Health Insurance Portability and Accountability Act (HIPAA) is to protect the privacy and security of individuals' health information.
HIPAA was enacted by the U.S. Congress in 1996 to establish national standards for the electronic exchange of health information and to protect the confidentiality, integrity, and availability of this information. HIPAA applies to all health plans, healthcare providers, and healthcare clearinghouses that electronically transmit health information. The main provisions of HIPAA include the following:
Privacy Rule: This rule sets standards for the protection of individuals' medical records and other personal health information.
Security Rule: This rule establishes standards for protecting the confidentiality, integrity, and availability of electronic protected health information.
Breach Notification Rule: This rule requires covered entities to notify individuals and the government in the event of a breach of unsecured protected health information.
Enforcement Rule: This rule sets penalties for violations of HIPAA regulations and establishes procedures for investigating and resolving complaints.
Overall, the main purpose of HIPAA is to protect the privacy and security of individuals' health information and to establish standards for the electronic exchange of this information in the healthcare industry.
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net cash flows provided by operating activities will be ______ when using the direct method compared to the indirect method.
Answers
According to cash flow operation analysis, the net cash flows provided by operating activities will be the same when using the direct method compared to the indirect method.
Net Cash flows are used in business management to describe the profit or loss of capital in a given period.
Typically, a positive Net Cash Flows occurs when the is a surplus of cash after paying the expenses.
Hence, in this case, it is concluded that the correct answer is "the same."
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Cash flows from operating activities often shows the net amount of cash that was received or disbursed during a given period of time. Net cash flows provided by operating activities will be the same as when using the direct method compared to the indirect method.
The direct method is often use in calculating the flow that involves deducting from cash sales.Cash flow statements is simply defined as the statement that shows the cash receipts, cash payments and net changes in cash that takes place as a result of operating, investing, and financing activities in an accounting period.
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Explain the role of public relations in developing and maintaining a corporate image.
Answers
By overseeing communication and relationships between an organisation and its stakeholders, public relations plays a critical part in creating and sustaining a company image.
To influence the perception, reputation, and overall image of the business, strategic communication is used. To improve the public's view of the company, public relations experts take part in activities like media relations, crisis management, community involvement, and employee communications. Public relations contributes to the development of trust, credibility, and goodwill among stakeholders by clearly articulating the company's ideals, accomplishments, and social responsibility efforts. It helps build the company's brand, draw in clients, investors, and talent while minimising reputational hazards.
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The finance department of Global Couriers decides that half of the previous year's profits should be reinvested into the business. The marketing department, however, plans to extend the company's services to five more cities, which would require additional investment. The department heads hold a meeting at the end of the quarter to discuss the company's strategies; the meeting is, however, adjourned when they realize that their opinions clash. Information silo, in this case, has led to
Answers
Answer:
organizational inefficiency
Explanation:
The finance department of Global Couriers decides to invest half of the previous year's profits into the business. However, the marketing department needs investment to extend the company's services to more cities.
The department heads want to arrange a meeting to discuss the company's strategies. But they adjourned the meeting as they realize that their opinions clash.
This has lead to organizational inefficiency.
1st to answer gets Brainliest
Which federal legislation protects consumers from harassment by
debt collectors
A.The Credit Card Accountability Responsibility and Disclosure Act
B.The Fair Credit Reporting Act
C.The Fair Debt Collection Practices Act
D.The Truth in Lending Act
Answers
Answer:
The Fair Debt Collection Practices Act
Explanation:
The FDCPA prohibits debt collection companies to use abusive, unfair, or deceptive ways to collect debts.
The federal legislation protects consumers from harassment by
debt collectors is The fair debt collection practices act Option(c) is correct.
What is Fair debt collection practice act?The Fair debt collection practice act means a state policy for eliminating the abusive debt for collection and to protest consumers against debt collection.
The Fair debt collection practice debt is known to be that federal legislation which basically protects the consumers from any type of the harassment.
Therefore Option(c) is correct.
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what is nfo? a new fund offer (nfo) is a first-time subscription offer for a new scheme that has been launched by an asset management comp
Answers
A new fund offer (NFO) is the first-time subscription offer for a new scheme launched by asset management companies (AMCs). A new fund offer is launched in the market to raise capital from the public in order to buy securities like shares, govt. bonds etc. from the market.
In economic accounting, an asset is any aid owned or managed by using a business or an economic entity. It is whatever (tangible or intangible) may be used to produce a fine monetary fee. Belongings represent the price of ownership that can be transformed into cash (even though coins itself is also considered an asset). The stability sheet of a firm records the financial price of the property owned by that firm. It covers money and other valuables belonging to a person or to an enterprise. Belongings may be grouped into two essential lessons: tangible property and intangible belongings. Tangible property includes numerous subclasses, consisting of modern-day property and fixed property. present-day assets encompass coins, stock, and accounts receivable, while constant assets consist of land, buildings, and gadget. Intangible belongings are non-bodily resources and rights that have value to the firm because they give the firm an advantage inside the market. Intangible belongings include goodwill, copyrights, emblems, patents, laptop applications, and economic property, consisting of economic investments, bonds, and shares.
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Any recommendations of how to convince my parents to get me a dog?
Answers
Answer:
ok so u have to get a pet rock first u name it u take it out to go to the bathroom and everything u would do with a dog and it shows your parents you're ready for one u have to show them that u know how to take care of one first
Explanation:plz mark me branlyiest this worked for me so yea hope it helped
If a consumer has a mortgage loan, a student loan, and a car loan in addition to a credit card account, he may score higher in which credit score category?.
Answers
If a customer has a loan mortgage, a pupil mortgage, and a automobile mortgage similarly to a credit score card account, Most elegant forms of mortgages and car loans are considered secured credit score, because of the reality the loan holder can take ownership of your house or automobile in case you do now no longer pay as agreed.
On the unique hand, an unsecured mortgage or line of credit score does not require any collateral.
What determines your credit score?
How an extended manner behind you're on a bill payment, the variety of debts that show off overdue bills and whether or not you've got added the debts current are all factors. The better your wide variety of on-time bills, the better your score will be. Every time you leave out a payment, you negatively have an impact in your score.
Although ranges variety relying at the credit score scoring model, commonly credit score rankings from 580 to 669 are taken into consideration fair; 670 to 739 are considered good; 740 to 799 are taken into consideration very good; and 800 and up are taken into consideration excellent.
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WILL BE MARKED BRAILIEST!!
3.A company sees that sales of its speakers have decreased over the past
120 days. Its most likely option is to first
design a market research plan
visit some stores selling the product
stop production of the product
lower prices and see what happens
Answers
Answer:
They company goes out of business?
Explanation:
In which type of organizational structure is decision making made at the lowest level of the organization
Answers
Answer:
chain of command
Explanation:
The chain of command organizational structure simplifies decision-making. Employees at the lowest level of the company hierarchy complete the tasks assigned to them for that day.
The lowest level of the organization's hierarchy is where decisions are made in a chain of command organizational structure.
The authority-based ranking of members is known as organizational hierarchy. It alludes to the positions that range from entry-level workers to senior managers or executives.
Organizational hierarchies typically have several levels, with higher positions held by people with more power. A hierarchical organization or hierarchical organization is a type of organizational structure where all but one of the entities are subordinate to one another.
This set up resembles a hierarchy. In an organization, the power structure typically consists of one or more individuals or groups at the top, followed by command lower levels of power.
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product design begins with group of answer choices a form design. understanding the customer and identifying customer needs. a feasibility study. pilot runs and final tests.
Answers
The correct answer is: Understanding the customer and identifying customer needs.
Product design typically begins with understanding the customer and identifying their needs and preferences. This initial stage involves conducting market research, gathering customer feedback, and analyzing consumer trends to gain insights into what customers want and require from a product. By understanding the customer and their needs, designers can develop a clear understanding of the problem they are trying to solve or the opportunity they are trying to address. This knowledge forms the foundation for product design and helps guide subsequent decisions regarding form design, feasibility study, pilot runs, and final tests. Form design focuses on the physical appearance and aesthetics of the product, determining its shape, size, color, and overall visual appeal. However, form design comes after understanding customer needs since it is essential to align the product's design with the target market's preferences and requirements.
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what is 2divided by 100
Answers
Answer:
0.02
Explanation:
Answer:
0.02 ... hope this helps :)
If the value of the goods and services a country produces increases while its
population stays the same, which statement must be true?
A. The country's unemployment rate has decreased.
B. The country's total GDP has decreased.
C. The country's per capita GDP has increased.
D. The country's rate of inflation has increased.
Answers
If the value of the goods and services a country produces increases while its population stays the same, "the country's per capita GDP has increased."
This is based on the idea that per capita GDP is a form of GDP measure that divides the total GDP, particularly a country with the population or number of people living in that country.
Therefore, when the value of the goods and services a country produces increases while its population stays the same, "the country's per capita GDP has increased."
Hence, in this case, the correct answer is option C. "the country's per capita GDP has increased."
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Answer: The country's per capita GDP has increased. So "C" is right.
Explanation: Just took the quiz
Identify the fraud risk factors posed by DHB for its independent auditors. Which of these factors, in your opinion, should have been of primary concern to those auditors?Fraud risk factors posed by DHB for its independent auditors are classified in form of three angles of the fraud triangle. These angles or components are termed as:
1. Opportunities: It consists of risk factors arise from estimated financial statement amounts of DHB. It includes significant related-party transactions and audit committee oversight and DHB’s ineffective board of directors.
2. Pressures: It includes fraud risk factors such as intense competition, vulnerability due to changes in technology, intense pressure on management to meet expectation of third party requirements and problem of negative operating cash flows in context of DHB.
3. Attitudes: Under attitude, the examples of risk factors are management failure in internal control system, ineffective communication and stressed relationship between management of DHB and independent auditor.
Answers
DHB poses various fraud risk factors for its independent auditors which are classified into three angles of the fraud triangle. Opportunities, pressures and attitudes all contribute to these risks.
The opportunities component includes significant related-party transactions and ineffective oversight by the audit committee and board of directors.
The pressures component includes intense competition, vulnerability to changes in technology, and pressure on management to meet the expectations of third-party requirements.
The attitudes component includes management failures in the internal control system, ineffective communication, and stressed relationships between management and the independent auditor.
The primary concern for the auditors should have been the ineffective oversight by the audit committee and board of directors.
As this can lead to significant related-party transactions and a lack of effective internal control system, which increases the opportunities for fraudulent activities to occur.
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