Supply chain management involves actively planning and controlling the activities in a supply chain in order to achieve minimum costs and maximum output.
Supply Chain Management is also known as SCM. Supply Chain Management has a large range of activities that fall under the SCM category. The activities involved planning and executing strategies related to production and distribution of the final good. In SCM keeping costs low while producing a large amount of products would be the main goal of a company.
Answer:
All of the above! Have a nice weekend!
Explanation:
Answer: True
Explanation:
The decision to purchase a good or service or a customer benefit package is totally based on the price of that package or a good and on the benefits that a consumer will received after the purchase. A rational consumer will compare the price of a good with the perceived benefits. If the perceived benefits worth greater or equal to price then a consumer may purchase that product otherwise not. Therefore, a consumer's decision is largely depend upon the ratio of price and benefits.
Answer:
1) B - Inaction
2)B - Faulty
3)A - Dissolution
Explanation:
1) Inaction: The company's strategy is not responsive to technological trends
2) Faulty: Downsizing to save cost is not a good strategy for a business to adopt, they could have divest to other sectors
3)Dissolution: liquidate or wind up before the company runs in to serious financial crisis.
Answer:
a) $46,000
b) 0.20 or 20%
c) $9,200
Explanation:
Data provided in the question:
Cost = $51,000
Residual value = $5,000
Useful life = 5 years
Now,
(a) Depreciable cost = [ Cost - Salvage value ]
= $51,000 - $5,000
= $46,000
(b) Straight-line rate = 1 ÷ [ Useful life ]
= 1 ÷ 5
= 0.20 or 20%
(c) Annual straight-line depreciation = Depreciable cost × Straight-line rate
= $46,000 × 0.20
= $9,200
