Answer:
a. must be aware of the firm's overall business and corporate strategies and the supply chain in which it participates.
Explanation:
A logistics/supply chain network transformation team should not only be knowledgeable about the specifics of the supply chain of the firm, but also about the firm's overal business strategy, in order to devise its own logistics/supply chain network transormation strategy, that is coherent with the general corporate strategy, and that improves upon it at the same time.
Answer:
Anyone who is injured by a defective product may sue the manufacturer, merchants, and all others who handled the product.
Explanation:
Strict liability means that an injured party may sue another even when they don not prove a case against them. A party is held liable for injuries from a certain activity.
For example a company that produces tools may be held liable when the machinery it produces causes injury during use by the injured party.
The injured party need not prove negligence of the defendant.
In this instance MakerMan Manufacturing is liable for the hammer that injured one of Rob's coworkers while they were using it.
Strict Liabilities are classified into 3: animals owned, product liability, and abnormally dangerous acts.
Answer:
a. True
Explanation:
Godiva is a well known chocolate shop and Hershey is renowned all over the world. To take over the market control both have divided consumers into different categories, e.g. luxury of buying chocolates versus cost-conscious who are willing to pay a subsequent amount only and those who are looking for quick energy boost so good labeling than those looking for a gift to loved ones so better outlook, although both have industries in the same market.
The given statement "DFW Security Services targets high income professionals with custom-designed security systems. These systems are positioned as the premier systems available on the market. DFW Security employees a highly refined marketing mix to support its intended market position with target customers. What has just been described amounts to DFW’s marketing mix" is FALSE
Explanation:
DFW Security Services provides practitioners with high-income networks for tailored security systems. Such solutions are put on the market as the leading systems. For its purpose of supporting the target customers, DFW Health employs a highly refined marketing blend.
It is the DFW Marketing Strategy that has just been identified.
A marketing strategy corresponds to an overall strategy for attracting and turning prospective buyers into clients of the goods or services provided by the company.
Contribution format income statement
Contribution margin income statements refer to the statement which shows the amount of contribution arrived after deducting all the expenses that are variable from the total revenue amount. Then, further fixed expenses are deducted from the contribution to get the net profit/loss of the business entity.
break-even point
The Break-Even Point The break-even point (BEP) in economics, business —and specifically cost accounting —is the point at which total cost and total revenue are equal, i.e. "even". There is no net loss or gain, and one has "broken even", though opportunity costs have been paid and capital has received the risk-adjusted, expected return.
Learn more about break-even point here
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