Local optimization is a supply-chain complication best described as: Select one: a. the opposite of the bullwhip effect. b. opti
mizing one's local area without full knowledge of supply chain needs. c. obtaining very high production efficiency in a decentralized supply chain. d. the result of supply chains built on suppliers with compatible corporate cultures. e. the prerequisite of global optimization.
letter b is correct.<em> Optimizing one's local area without full knowledge of supply chain needs. </em>
Explanation:
For supply chain management to be optimally optimized, global scope information is needed to make decision-making more secure. Information technology can be a good solution for providing relevant information that will help integrate supply chain components to help you make decisions and meet specific local area and supply chain needs.
Strategic decisions imply analyzing what direction is the overall company going to take in the long run. It represents the groups of decisions high-rank executives must take to conduct the operations of the firm, the resources that will be used and how they will combine those factors to reach the organization's objectives.
The cafeteria plan is minimum benefits that the employer have to provide or personally provide to all the employees working in its organization. In some jurisdictions like USA and Europe, the employer has to provide minimum level of facilities and benefits to the employee which inculdes healthcare, pension contributions, etc.
E. Shifting from a multi-country to a global strategy.
Explanation:
The process of diversification allows the firms to reap the competitive advantages as the benefits of the skills and transfers, low costs economies of scope.
Cross boundaries used by the powerful brands and collaboration in the creation of stronger and competitive capabilities.
A diversified firms thus look for a global strategy to spread its risks and establish its business and develop its main strategic alternatives.
The diversified firms hence have ample market opportunities and thereby brain the scope of the business.
The correct answer would be the first option. A note receivable can be transferred to another party by endorsement. It is described as a current asset of an organization that claims a written promissory note from other organization. It is usually made up of the principal and the interest amount.
