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levacccp [35]
3 years ago
12

Select the choices that are not typical benefits gained from using the SCOR model?

Business
1 answer:
Simora [160]3 years ago
4 0

Answer:

(3) Slower cycle times

Explanation:

SCOR stands for supply chain operations reference model. The model aims at reducing wastage, creation of standards or benchmarks for efficient performance.

The model provides basis for process improvement. It states and defines all business activities necessary to satisfy customer demand.

The model works on the principle of planning source, making, delivering the products and prompt returns.

Thus, the model leads to lower level of inventory storage, reduces the cycle time i.e it makes it quicker, faster access to customer information and better identification of supply chain activities essential to fulfill customer demands.

You might be interested in
An upscale organic foods grocery chain is implementing an information system that will enable it to add same-day home delivery o
Bond [772]

Answer: Paradigm shift

Explanation:

 The paradigm shift is one of the type of business management process that refers to the fundamental change in the current process and in the model.

The paradigm shifts is one of the concept in which that happened in terms of various types of context such as when the new technology are get introduced then it alter the new production process of the products and the services.

According to the given scenario, the process of delivering the groceries to the consumers. Therefore, Paradigm is the correct answer.

5 0
3 years ago
"The owner of Elixir Force Inc. received the most prestigious corporate award and was also titled as ""the most outstanding new
raketka [301]

Answer:

B. Public recognition

Explanation:

Legitimacy, in its primary sense, means acceptance.

People-based legitimacy revolves consensual acceptance of a particular individual by some group of people. This people-based legitimacy can be relayed to an individual through public recognition.    Before anyone can enjoy people-based legitimacy, they must have done something worthwhile.

In the case of the owner of Elixir Force Inc receiving an award for most outstanding new entrepreneur of the year, it is clear that he is enjoying public recognition in context of people-based legitimacy.

5 0
4 years ago
Describe the graphical relationship between ticket prices and the number of people choosing to visit amusement parks. Is that re
ICE Princess25 [194]

Answer:

Please refer the detail answer below

Explanation:

(a) Relationship between ticket prices and the number of people choosing to visit amusement parks.

There is an inverse relationship (Law of Demand) between ticket prices and the number (Quantity) of people visiting amusement parks which means that as the ticket prices increase, people will reduce the quantity demanded of amusement park tickets, and spend their income on other goods. For example, they may decide to go to the movies instead of visiting the now more expensive amusement park.

b) Is that relationship consistent with the fact that, historically, park attendance and ticket prices have both risen?

The fact that, historically, park attendance and ticket prices have both risen over time does not invalidate the Law of Demand. The increase in park attendance maybe due to a change in demand (other factors), not a change in quantity demanded, shifting to the right.

8 0
3 years ago
An effective vision stretches and challenges people and can result in increased innovation as illustrated by Apple's CEO Steve J
sergey [27]

Answer:

True

Explanation:

A vision is something that can be seen so that will people can be motivated to move towards it. An effective vision is a vision that has a direction, clear, purposeful, challenging, unique and inspiring to people working towards the vision.

Important characteristics of an effective vision is that it be purposeful and challenging. An effective vision is said to be purposeful when it the organisation and its people derive a a larger sense of purpose from it making them to feel as part of something bigger. An effective vision is challenging when it challenges, stretches and sets a high standard for the company.

Therefore, an effective vision stretches and challenges people and can result in increased innovation as illustrated by Apple's CEO Steve Jobs.

6 0
4 years ago
The variance of returns of Asset A is 625. The variance of returns of Asset B is 1,225. The covariance of returns between Asset
kodGreya [7K]

Answer:

The correlation of returns between Asset A and Asset B is closest to 0.685714

or 68.57%

Explanation:

The formula to find the correlation of an asset is

Correlation of AB = Co variance AB/Standard deviation A * Standard deviation B

Co variance AB =600

Standard deviation of A= (625)^0.5=25

Standard deviation of B = (1,225)^0.5=35

Put these values in the formula

600/(25*35)=0.685714

8 0
3 years ago
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