How have the Internet and Web-based applications changed SCM?
What will be an ideal response?
More and more companies are using the Internet and Web-based applications as part of their SCM solution. There are special procurement marketplaces on the Web for different industries where manufacturers can trade and even make auction bids with suppliers. Procurement activities are also done more and more over the Internet with e-procurement solutions. Creating an integrated e-supply chain will continue to be a major competitive advantage as it speeds time to market, improves order fulfillment and customer satisfaction.
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If bonds payable are notcallable, the issuing corporation
a. can exchange them for common stock b. can repurchase them in the open market c. must get special permission from the SEC to repurchase them d. is more likely to repurchase them if the interest rates increase
Lewis Corporation reported the following information for the year ended December 31, 2016: Net income $ 10,000 Dividends 6,000 Retained earnings at December 31, 2016 25,000 What was the economic effect of the payment of Lewis' dividends?
a. The dividend reduced net income for 2016. b. The dividend should be equal to net income if the company's accounting equation is in balance. c. The dividends reduce total retained earnings for the year. d. The dividends must be paid whenever Raymond Corp. reports net income.
Which is the best technique for communicating with a supervisor?
a. ingratiation b. gatekeeping c. advocacy d. There is no one best way to communicate with your supervisor.
Which of the following is NOT one of the reasons a process may need to be reexamined once it has been implemented?
a. There is no longer an alignment between the manufacturing process and the market. b. There may be potential to make it more cost efficient. c. There may be potential to make it more responsive to the market. d. The product is not selling well.