Answer:
Procurement
Explanation:
The purchasing function, sometimes called procurement is an important part of any firm's production strategy. The role of procurement is simply to get goods and services for the business needs.
Procurement is the act of getting goods or services, for business purposes. It is generally the last act of purchasing.
Answer:
power exercised by use of fear of punishment for errors of omission or commission by employees.
Explanation:
Coercive power is characterized because the use of force to get a worker to obey an order or command, where control comes from one's right to threaten the employee for non - adherence. Like that this power is in place when a person worked an order in fear of losing their job or their benefits package.
Answer:
The Electronics, beverages, fast-food, and automobile industry are some sectors that have witness proliferation of products and the shortening of product life-cycle.
Supply chain in these industries have seen their processes change overtime and presently more focus on service, and the ability to quickly react and continuously meet the requirements of customers. They have also leverage on information technology and globalisation in extending their supply chain beyond national and regional boundaries with some companies in these industries having aspects of their processes in different country.
Answer:
The correct answer is the first option: Significant determinants of economic growth in a country.
Explanation:
On the one hand, the corruption level in a country will obviously affect the economic growth of that country due to the fact that all the money that is being lost due to the corruption is money that could end up being used by the government for investment in the public sector or even if the corruption is in the private sector then all that money is avoiding taxes and going to a place that it should not, like a fiscal paradise.
On the other hand, the type of legal system will also affect the economic growth of a country due to the fact that depending of what type of system they have then the laws will be different and that will affect the way the private sector do business and the way the public sector manages.
