the responsibilities of a manager in an investment center compare to the responsibilities of managers in a cost or profit center-----Investment center managers have more authority and responsibility than managers of a cost or profit center
What is the difference between a profit center and an investment center?
Profit center is a division or a branch of a company that is considered to be a standalone entity that is responsible for making revenue and cost related decisions. Investment center is a profit center that is responsible for making investment decisions in addition to revenue and cost related decisions
What are investment center managers responsible for?
An investment center segment of an organization responsible for costs, revenues, and investments in assets. is an organizational segment that is responsible for costs, revenues, and investments in assets. Investment center managers have control over asset investment decisions.
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Answer:
The correct answer is
D. -2 percent, which is the nominal interest rate minus the inflation rate.
The real interest rate equals D. the nominal interest rate minus the inflation rate.
Explanation:
The real interest rate formula is
<u>Real interest rate =Nominal interest rate - Inflation rate
</u>
Inflation rate=6 %
Nominal interest rate = 4%
Real rate of return =4% - 6 %
Real rate of return = -2%
D. -2 percent, which is the nominal interest rate minus the inflation rate.
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.
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Incomplete question. The missing options read;
a. Design the application’s security features after the application’s initial build is complete.
b. Schedule development of security features after the application’s initial release.
c. Utilize a DevSecOps approach to incorporate security into the development process from the beginning.
d. Contract with an external vendor to develop a security solution separately from the main application.
Answer:
<u>a. Design the application’s security features after the application’s initial build is complete.</u>
Explanation:
Remember, our main concern here is to determine <em>the most time-saving and cost-effective way for the Product Manager to address the new application's security considerations.</em>
Hence, if the Product Manager decides to schedule the development of security features after the application’s initial release, this would not be the most time-saving approach. Also, utilizing a DevSecOps approach to incorporate security into the development process from the beginning and contracting with an external vendor to develop a security solution separately from the main application is not the best cost-saving approach.
However, designing the application’s security features after the application’s initial build is complete would be the most time-saving and cost-effective way for the Product Manager to address the new application's security considerations.
