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skad [1K]
3 years ago
6

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.
Business
1 answer:
Monica [59]3 years ago
4 0

Answer:

It is important to control supply chain 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.

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.

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BrewCo sells coffeemakers for $120 each. The firm currently has variable costs per unit of $65. If BrewCo is able to reduce its
sineoko [7]

Answer:

The contribution margin ratio will increase.

Explanation:

Giving the following information:

BrewCo sells coffeemakers for $120 each. The firm currently has variable costs per unit of $65. BrewCo can reduce its variable cost per unit to $58.

Contribution margin ratio= (selling price - unitary variable cost)/selling price

New Contribution margin ratio= (120 - 58)/120= 0.52

Old Contribution margin ratio= (120 - 65)/120= 0.46

5 0
3 years ago
Chico Company paid $560,000 for a basket purchase that included office furniture, a building and land. An appraiser provided the
s2008m [1.1K]

Answer: $110,432

Explanation:

The cost allocated to the Office furniture is the percentage of total appraised cost * the price paid for the basket purchase because it shows what proportion of the Basket Purchase should be ascribed to the Office furniture.

Total Appraised value = 140,000 + 460,000 + 110,000

= $710,000

Office furniture Proportion = 140,000/710,000

= 0.1971830985

=0.1972

Amount to be allocated to Office furniture = 0.1972 * 560,000

= $110,432

$110,432 should be allocated to the office furniture.

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3 0
3 years ago
According to Levitt, which of the following statements is true? A. Technology drives the world toward a converging commonalty B.
trapecia [35]

Answer:

the correct option is A) According to Levitt, Technology drives the world toward a converging commonalty.

Explanation:

Levitt's Thesis states that "a dominant force drives the world towards a converging commonality, allowing international businesses to become global by standardizing their product and service offering".

One of the main forces he identified was technology.

It has become very evident that Technology is an essential force that drives the modern form of business globalization because technology has helped overcome major barriers to trade in the international scene by introducing standardized processes and global quality assurance.  

It has also eliminated delays in information exchange, created a virtual market and ease of interaction between countries making international business processes cost effective and efficient.

8 0
3 years ago
What are the benefits of outsourcing
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Focus on core tasks
Lower costs
Promote growth
Maintain operational control
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8 0
3 years ago
Which characteristic does Martin, a marketing manager, demonstrate in the following situation?
Lorico [155]

Answer:

Discrimination

Explanation:

1) diversity --- not diversity

2) discrimination --- possibly discrimination. Discriminating against other groups.

3) inclusiveness --- means to cover many areas, not the case here. He is covering only his area.

4) persecution --- ill treatment based by race, or political beliefs.

I am not considering "men" on his team, because it doesn't apply discrimination. He simply is just biased to his people. Which is a group. However he is not just persecuting someone. Best answer is discrimination.

4 0
3 years ago
Read 2 more answers
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