As lead times decrease, supply chain managers are able to
A) better match supply with demand.
B) better match demand with supply.
C) increase supply chain cost.
D) decrease product availability.
Answer: A
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U.S. GAAP requires firms holding securities available-for-sale to value the securities on the balance sheet after acquisition at
a. an amount based on acquisition cost. b. market value, with changes in market value of securities held at the end of the accounting period reported each period in income. c. market value, with changes in market value of securities held at the end of the accounting period not affecting reported income until the firm sells, or otherwise disposes of, the securities. d. market value, with changes in market value of securities held at the end of the accounting period reported each period in retained earnings. e. present value of future cash flows, with changes in market value of securities held at the end of the accounting period reported each period in retained earnings.
Think about the various marketing strategies as you read the following choices to determine which one describes a market penetration strategy.
A. selling existing products to new markets B. selling more of current products to existing markets C. selling new products to existing markets D. selling new products to new markets E. selling more of current products to new markets
Successful ________ requires managers to design and shape structure, culture, and control mechanisms.
A. strategy formulation B. strategy implementation C. strategy innovation D. strategy diversification
Answer the following statements true (T) or false (F)
1. The customers' customer is upstream in the supply chain. 2. Plan, source, make, deliver and return are the five basic supply chain management components. 3. Information technology, consumer behavior, visibility and speed are the four changes resulting from advances in technology that are driving supply chains. 4. Information technology's primary role in supply chain management is creating the integrations or tight process and information linkages between functions within a firm-such as marketing, sales, finance, manufacturing and distribution - and between firms. 5. Deploy in incremental phases and measure and communicate success is one of the keys to success for SCM.