Why is it important to control the supply chain? Multiple Choice Control of the supply chain influences the work processes and l
evels of performance through a set of accepted norms. Controlling the supply chain means it can be used to monitor employees and assess job satisfaction, engagement, and leadership. It is effective in ensuring that performance standards are being met. It increases employee commitment and workers taking responsibility for their performance. As a major cost center, it is important to pay attention to the sourcing, shipping, and warehousing.
Choice Control of the supply chain influences the work processes and levels of performance through a set of accepted norms.
It is effective in ensuring that performance standards are being met.
As a major cost center, it is important to pay attention to the sourcing, shipping, and warehousing.
Explanation:
Supply chain handles the of the flow of goods and services from producer to consumer.
Control of supply chain influences the work processes and increases competitiveness as well as customer satisfaction.
The controls put in place guarantees efficiency in the supply chain processes and allow firms to quickly deliver products to the end-user for a low cost.
Therefore, control of supply chain is important because:
Choice Control of the supply chain influences the work processes and levels of performance through a set of accepted norms.
It is effective in ensuring that performance standards are being met.
As a major cost center, it is important to pay attention to the sourcing, shipping, and warehousing.
RIASEC is the Holland codes which refer to a theory about careers and vocational choice that was initially developed by an American psychologist named John L. Holland. There are six personalities in this theory which include practical, investigative, creative, cultural, ambitious and traditional only. There is no space of authoritative because there is no negativity in this theory as one person has the power, control or influence and make decisions. This can also be misused by many people which is why it is not included in this theory.
To know how much you'll have by the end of the 15th year, you need to calculate <span>the future value of an annuity as follows:
</span><span>the future value of an annuity = investment [( 1 + interest)^number of years -1)] / interest </span> Substituting with the givens, you can get the future value annuity as follows: <span>the future value of an annuity = 3500 [(1+0.05)^15 -1)]/0.05 </span> = 75524.97 $ The correct choice is (b)