Rodney Halpern works in the marketing department of a major manufacturing firm. Much of his job involves managing the movement o
f materials, parts, and information from suppliers to his firm. He tries to coordinate these flows with his firm's factory processes and assists with the efficient movement of finished goods to final consumers. These activities suggest that Rodney's job responsibilities focus on: A)wholesaling. B)multilevel marketing. C)assembly processing. D)supply chain management.
Letter D is correct. <u>Supply chain management.</u>
Explanation:
It can be said that Rodney's professional responsibilities focus on supply chain management. The entire logistical process of a product or service, ranging from its manufacture to its delivery to the final consumer can be defined as a supply chain.
Rodney's job is to ensure that the flow of all stages that make up the production process, such as raw materials, work in progress, finished products, and information are managed correctly so that there is an effective supply chain, which ensure delivery of products and services to the right place at the right time.
The best method Vincent should use for valuation is the cost approach.
The cost approach is a method of worth estimation that considers the cost of building an already existing structure: checking the value of the land used for building, the cost of construction and subtracting the devaluation overtime.
It is important trait to have as an entrepreneur, because you have to have different perceptive's of the type of people you are selling to. As in you just can't have one persons point of view.
The unstated assumptions in the problems given is that the company may require more units of aluminium and steel, which would allow for producing more bicycles.A linear programming model cannot account for this.
Explanation:
Linear programming model: this is an algebraic description of te objectives to be minimized and the constraints to be satisfied by the variables.
This is known as the coattail effect. It is when the actions or activities of the main branch of a business or the franchise branches would impact the whole business. This is one weakness of a franchise business. since one wrong move from just one small branch would might have a larger impact on the whole name of business.<span />
