1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
katovenus [111]
3 years ago
14

"Lean supply chain management focuses on eliminating waste: Group of answer choices in a firm's sourcing and logistics activitie

s. within a firm's internal operations. in flows of information and money among supply chain partners. in all of the above areas."
Business
1 answer:
noname [10]3 years ago
7 0

Answer:

in all of the above areas.

Explanation:

Supply chain management can be defined as the effective and efficient management of the flow of goods and services as well as all of the production processes involved in the transformation of raw materials into finished products that meet the insatiable want and need of the consumers. Generally, the supply chain management involves all the activities associated with planning, execution and supply of finished goods and services to the consumers.

A lean business is a business concept used by organizations to eliminate waste and maximize value for growth and development. The lean business concept include the following;

I. A total quality management (TQM): it is a management framework that is focused on achieving long-term success through the satisfaction of your customers by the efforts of all the member of staff in an organization.

II. A continuous improvement (CI): it is a management technique that is focused on improving manufacturing processes, products and services through the elimination of redundancy and time-wasting activities in an organization.

III. Just-in-time (JIT): it is a management framework that is focused on cutting manufacturing costs and increase efficiency between suppliers and consumers through the use of a proper inventory system.

Hence, Lean supply chain management focuses on eliminating waste:

I. In a business firm's sourcing and logistics activities.

II. In the internal operations of a business firm.

III. In flows of information and money among various supply chain partners.

You might be interested in
Fred was suffering from a nasal tissue blockage that could be corrected either through an operation or with medical treatment fo
vekshin1

Answer:

The correct answer to the following question will be Option B (Moral hazard).

Explanation:

Moral hazard happens whenever one individual takes further chances as the responsibility of such consequences rests with somebody else.

  • Fred suffered from some kind of blockage of the nasal tissues that could have been resolved for around 2 months either by a procedure and via medical attention. Fred's doc warned him plainly the problem wasn't serious so he doesn't need an operation.
  • However, Fred concentrated on either the blockage becoming surgically removed, becoming mindful that his private policy would fund the full cost of this operation.

The other given options are not related to the given scenario. So that the condition outlined here could be related to the "Moral hazard" issue.

4 0
3 years ago
Alpha Company has assets of $620,000, liabilities of $260,000, and equity of $360,000. It buys office equipment on credit for $8
Sliva [168]

Answer: Increase in assets and increase in liabilities.

Explanation: As we know that accounting equation is denoted as :-

Assets = capital + liabilities

where,

. Assets are the resources owned by the firm for the generation of revenue.

. Capital means the funds procured by company in the form of contribution        by the owners or in the form of debt.

. Liabilities are the obligations on the company.

.

Purchase of office equipment on credit will result in increase in assets as office equipment is used for administration purposes and as it is purchased on credit it will also increase its liabilities.

3 0
3 years ago
In a
artcher [175]

Answer:

Free-enterprise; government.

Explanation:

An economy is a function of how money, means of production and resources (raw materials) are carefully used to facilitate the demands and supply of goods and services to meet the unending needs or requirements of the consumers.

Basically, there are four (4) main types of economy and these are;

I. Mixed economy.

II. Command economy.

III. Traditional economy.

IV. Free-enterprise economy.

A free-enterprise system also referred to as capitalism or free market can be defined as a type of economy in which prices, products and services are being determined by the market rather than the government. Thus, a free-enterprise system is devoid (free) of government regulations, interference or control because the market (enterprises) are the ones who are saddled with the responsibility of determining the market forces.

Simply stated, a free-enterprise system is a type of economy that is completely driven by demand and supply of goods and services.

Hence, in a free-enterprise system, supply and demand forces affect the production and consumption decisions. There is little to no government control in such a system.

4 0
3 years ago
How would you pay taxes on a earned income?
nasty-shy [4]
You must pay two types of taxes on earned income: Social Security/Medicare taxes (called FICA, OASDI, or payroll taxes) and income taxes. The payroll taxes that are withheld from your paycheck have two components.
3 0
3 years ago
The increase in the internationalization of financial markets has led to.
soldier1979 [14.2K]

Answer:

the increase of internationalization of financial markets has led to ,companies searching the global financial markets for low costs funds

6 0
3 years ago
Other questions:
  • If consumption in the United States was 68 percent of GDP, investment was 19 percent, government purchases were 13 percent, expo
    9·1 answer
  • At the new-car dealership, josh asks the salesperson a number of questions: "how good is the gas mileage on this model? what doe
    7·1 answer
  • ________ are transacted between international businesses and their banks, between banks, and between governments when it is desi
    12·2 answers
  • Which statement about immigration is BEST supported by the information on the graph?
    11·1 answer
  • When considering an external environment with a high level of resources and low degree of uncertainty, managers are most likely
    5·1 answer
  • What is the current business cycle in the U.S?
    5·1 answer
  • In calculating the daily balance, cash advances are
    5·2 answers
  • An investment banker agrees to underwrite an issue of 10 million shares of stock for TWResearch, Inc. on a firm commitment basis
    10·2 answers
  • April hires Christine to landscape her yard. They agree on a price, agree on the types and colors of the plantings, and agree on
    10·1 answer
  • Waterway Company uses the LCNRV method, on an individual-item basis, in pricing its inventory items. The inventory at December 3
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!