Answer:
(C) Supply chain management should begin with a focus on "the customer".
Explanation:
Supply chain management involves managing all the processes involved in converting raw materials to finished goods and distributing such goods or services to satisfy customer needs.
Processes involved in supply chain management include; sourcing for raw materials, manufacturing, packaging, delivery, customer service.
Before any of these processes are carried out however, an organization must first focus on identifying the needs of its customers and then provide products that add value for the customers and satisfy their needs.
Answer:
A. Profit-seeking multinational companies shift their production from countries with strong environmental standards to countries with weak standards, thus reducing their costs and increasing their profits.
D. self-sufficiency argument.
Explanation:
In the case when there is a race to the bottom scenario so it would be described that the multinational companies that are profit seeking is shifting their production from that countries who have the strong environmental standards to the weak standard countries so that the order would be decreased due to this the profit would increase
In the other case, when the nation is not too much depend on other countries for supplies so this case we called as self-sufficiency argument as they managed themselves rather depending on another
Answer: b. excess supply of money is equal to the quantity demanded of money at a given interest rate.
Explanation:
Equilibrium in the money market takes is usually achieved when the quantity of money demanded is equal to the quantity supplied. The demand curve for money is used to illustrate the quantity of money demanded at a given interest rate. The demand curve for money usually sloped downward, what this tells us is that people would want to hold less of their wealth in the form of physical cash ( money ). When the interest rates on bonds and other alternative investments are way higher.
Data analytics can help improve the measurement of employees' performance by allowing a company, management team and employee understand what they can improve on as a whole and what they are doing correctly. The data analytics will allow a company to analyze their current employee performance and compare it with past performances. This will allow the company and the employees to see what and where improvement is needed.
Answer:
73,000 units
Explanation:
The computation of equivalent units for conversion costs is shown below:-
Equivalent units = Units transferred ÷ Finished goods + (Units in closing Work in progress × Percentage of completion)
= (8,000 + 69,000 - 5,000) + (5,000 × 20%)
= 72,000 + 1,000
= 73,000 units
Therefore for computing the Equivalent units we simply applied the above formula.
