Answer:
The Answer is D) Supply Chain Management
Explanation:
Supply Chain Management is defined as the management of the flow of goods and services and includes all processes that transform raw materials into final products. It speaks to the active streamlining of a business's supply-side activities to maximize customer value and gain a competitive advantage in the marketplace. That is, a supply chain manager watchfully monitors, organises the supply (inflow and outflow) of goods and services so that cost is minimized thereby providing the company increased bottom line and hence a greater advantage.
SCM represents an effort by suppliers to develop and implement supply chains that are as efficient and economical as possible. Supply chains answers the question of how everything, from production to product development to the information systems needed to direct these undertakings is taken care of.
Why is Supply Chain Management important?
A well managed supply chain creates increased customer satisfaction and makes room for increased competitiveness.
Organizations increasingly find that they must rely on effective supply chains, or networks, to compete in the global market and networked economy.[20] In Peter Drucker's (1998) new management paradigms, this concept of business relationships extends beyond traditional enterprise boundaries and seeks to organize entire business processes throughout a value chain of multiple companies.
In recent times, globalization, outsourcing, and information technology have enabled many global entities, such as Dell and Hewlett Packard, to successfully operate collaborative supply networks in which each specialized business partner focuses on only a few key strategic activities.
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My answer: <span>b. opportunity during the time of the patent protection
Patent protection may also be identified as a cost for doing business but there are a lot of costs that will be spent in doing business. Thus, patent protection of Brutus' Fried Chicken will be treated as opportunity during the time of the patent protection. This patent ensures that only Brutus' Fried Chicken can use of the said </span><span>recipe for the spices used in the coating of the chicken. They can litigate anyone who will infringe on their recipe. </span>
Answer:
(D) Property taxes for the first year owned.
Explanation:
Capitalized cost is an added expense of a fixed asset. This is not the price paid for an asset but an additional expense incurred overtime in the form of depreciation or amortization. Excluded in this cost is the property taxes for the first year owned. It is included in the cost basis of the asset.
Answer:
unique selling propositions
