Managers can improve efficiency and effectiveness in a company's value chain by analyzing

A. a company's own internal activity segments, the suppliers' part, and the forward (distribution) channel portion of the value chain system.
B. a company's reinforced activities identified as efficiency measures for improved effectiveness.
C. only the distributors' channel portion.
D. only the suppliers' part.
E. only the internal activity segments.


Answer: A

Business

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A) an adjusting entry is needed to record the ending Merchandise Inventory account balance B) the process for closing the Income Summary and Dividends accounts differs from the process used in the perpetual inventory system C) beginning Merchandise Inventory, Purchases, and Freight In accounts are closed via the Income Summary Account D) there is no need to take a physical count of inventory

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Suggestion selling, point-of-purchase displays, and attractive store layouts are used by retailers to _____

a. reduce selling costs b. increase customer service c. increase impulse sales d. reduce channel conflict

Business

The primary argument of the regulation school of social responsibility is that since managers are responsible ________

A) to the government, a corporation cannot be trusted due to corrupt government officials B) only to a board of directors that represents shareholders, the corporation cannot be trusted to act in a socially responsible manner C) to the government, they can seldom be trusted to ensure public interest D) only to a board of directors that represents shareholders, a corporation can be trusted to act in a way that ensures consumer sovereignty

Business

How is the contribution margin ratio calculated?

What will be an ideal response

Business