Marsh Supply Services paid $350 cash to a materials supplier, the amount owed from the previous month. Which of the following accounts decreases?
A) Accounts Receivable
B) Accounts Payable
C) Retained Earnings
D) Office Supplies
B
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________ are a structured way to disseminate the insights gleaned from the two complementary approaches to measuring marketing productivity within the organization
A) Marketing metrics B) Marketing decision support systems C) Marketing dashboards D) Marketing segments E) Marketing mix models
The ability to remember names is an important skill because
a. it creates instant familiarity and connection with others. b. it pays an effective compliment. c. it implies to the other person that he or she is important. d. all of these choices.
Why do you think interviews were used as a job analysis technique in this case study? What other methods of job analysis might have been useful?
What will be an ideal response?
A recent meeting of the Council of Supply Chain Management Professionals featured an executive from Dell, which is known for its ability to customize computers to customers' needs as well as their ability to provide quality products at economical prices through their retail channel. The executive discussed the firm's capabilities regarding the ability to produce products that are "built-to-order" and noted that recent customer insight showed customers were less willing to wait 7 to 10 days to receive their computer even though it was built to their specifications. As a result of this customer trend, Dell began forging relationships with retailers such as Walmart to provide a limited number of computer models in the retailers' stores. In order to fulfill the orders to Walmart, Dell was
required to make changes in its production and manufacturing such as holding more products in inventory and utilizing different modes of transportation. For example, Dell was able to shift from a focus on air transportation to over-the-road trucking, which enabled it to cut costs in some areas. As Dell shifted from a "build-to-order" manufacturer to a "make-to-stock" manufacturer, it also had to make investments in customer analytics to identify customer needs as well as collect insight regarding pricing. This customer insight was especially important to the retail partners like Walmart, which requires its vendors to justify product stock decisions and provide proof that retail inventory will sell at the projected price points. Dell's ability to modify its business model by forging relationships with retailers such as Walmart as well as customer insights has helped the company achieve its revenue and profitability goals. ? Which variable of the marketing mix is most affected by Dell's decision to become a "make-to-stock" manufacturer? ? A. Product variable B. Pricing variable C. Distribution variable D. Promotion variable