Answer:
Option "C" is the correct answer to the following question.
Explanation:
The ecosystem contains all abiotic features such as temperature, salinity, soil type, or water scarcity, and biotic aspects such as food supply, habitat, pests, pathogens, or information.
Customers are pushing hard for companies to develop goods and services that clearly end up saving energy and provide a common theme regarding today's environment
Therefore "C" is the correct answer.
Answer:
1. Liberalization of foreign trade and foreign investment policies
2. Information technology
Explanation:
1. Liberalization of foreign trade and foreign investment policies. Trade liberalization means removing constraint or impediments to free flow of trade among countries in the world. It enables import and export to take place hence led to interconnectedness of countries.
Also, foreign companies are allowed and able to locate their business outlet in their host country. Due to foreign investment policies, there is fusion of market and production thus leading to interconnectedness of countries.
2. Information technology. Constant improvement in information technology has led to interconnectedness of countries. For instance, the use of internet(social media) comes at a lower cost hence messages can be sent from a remote area and goes viral around the world immediately it is sent.
Also telecommunication gadgets such as mobile phones, telegraphs, fax connects people and business across several race and continents.
Answer:
C) Supply chain management system
Explanation:
Supply Chain Management (SCM) includes all processes that transform raw materials into final products in order to maximize customer value and gain a competitive advantage in the marketplace. SCM covers everything from production to product development to the information systems needed for the best management.
The supply chain cycle of Wal-Mart includes procurement, manufacturing, distribution, retailing. As a retailer, Wal-Mart has to source its products from vendors domestically and globally, this creates a more effective supply chain that allows for lower prices.
Answer:
A. Identifying and defining the problem
Explanation: Before taking any action in a production environment one must be able to identify and define the problem.
Problem identification and defining is first approach to solving problems as it gives a clear picture of what and how the problem is,when it started and the possible threats it pose to the business entity.
When a manager wants to address a problem, he should first identify the problem,carry out steps that will help him or her to define what the problem is,through this he or she can be able to develop possible solutions.
Answer:
Moving the firm's goods from production points to distribution centers (E)
Explanation:
Negotiating with labor unions regarding wages, hours, and benefits : This function is the primarily responsibility of Human Resources Manager
Providing technical expertise on the production and design of goods :
This is the responsibility of an Operation Manager
Supplying the raw materials needed for manufacturing the firm's products :
This is the responsibility of Procurement/Purchasing Manager in collaboration with store-keepers.
Moving the firm's goods from production points to distribution centers :
A marketing intermediary is responsible for getting goods from production floor to distribution centers.
