You are considering an investment for which you require a 14 percent rate of return. the investment costs $61,900 and will produce cash inflows of $26,000for three years.You should not accept this project based on its internal rate of return, because the IRR is 12.51 percent
Answer:
A supply chain is the system put in place to move a good or service, from a provider, to the final customer.
Supply chain management is the process of managing the supply chain.
Five key issues in supply chain management:
- Upstream supply management: upstream supply refers to the acquisition of raw materials. Management has to find reliable upstream suppliers that offer a good balance between quality and price. For example, a paper-producing firm has to find a good timber and pulp company to operate.
- Downstream supply management: downstream supply refers to the movement of fininished goods and services, to the final customer. Many companies contract a third party to complete this process, and it is of the utmost importance because customer satisfaction largely depends on it. For example, Amazon contracts UPS to complete deliveries in a timely manner.
- Warehouse management: depending on the size of the business, inventory can be stored in a small room or in very large warehouses. Organizing inventory, and more important, deciding when to buy inventory, and when to dispose of it, are a key part of a business strategy. Amazon is known for its innovative warehouse management, which includes the use of hundreds of human employees and robots.
- Product development: if a firm is new in the market, it has to provide a product or service, and product development is the first stage, before the company can move on to supply chain management. Companies already in the market should also try to develop new products and services to stay competitive. Amazon again, is well known for product development, offering new goods and services each year.
- Outsourcing: sometimes it more efficient for a company to move production abroad. Studying the foreign market, and projecting future costs is crucial before deciding to outsource. Apple does not manufacture the iphone in the United States, instead, outsources this process to Asian countries were wages are lower.
You provide what you like like and santa brings it to north pole and see what is best for you
Your answer would be #3 - wear and tear fees
A local example of changes in economy and culture is the case of the Lower Nicola Indian Band in Merritt, BC Canada. In the town of Merritt, it is very A obvious that the First Nations people are in the mainstream of the local society as they are seen everywhere, ie working at McDonald's and at the local 7-11 for example. In the past it would have been mostly white people in these jobs. Also, at an Open House of the above Indian Band inviting all consultants and people with industrial activity on their land, they had a booth for their members who work at preserving their culture and traditional language.
On a global scale, in Latinamerica in the last 20 years there has been a revolution in the type of governments that the people have won in countries like Venezuela, Ecuador, Bolivia, El Salvador and Nicaragua for example. These governments control the economy to benefit primarily the vast majority of the poor people and help lift them out of poverty. Culturally, they show reverence for their heroes of the past like Simon Bolivar in Venezuela, for example.
