All of the following statements accurately describe supply chain management EXCEPT:
a. It is a closed-loop system solely within the project organization's boundaries
b. It spans across suppliers, resellers, project organizations and consumers.
c. It addresses the flow of products, information and funds.
d. It is a system approach to managing the entire flow of physical products.
A
You might also like to view...
Critics of Nike often complain that its shoes cost almost nothing to make, yet they are priced so high. Identify the elements of providing and communicating value that add to Nike's cost structure and result in the high price of Nike shoes
What will be an ideal response?
This question has two parts; be sure to answer both. First, explain each element of the triple bottom line. Next, imagine that you are managing White Teeth Inc., a company that produces chemical treatments that dentists use to whiten their patients' teeth. Explain how you might take each element of the triple bottom line into account in your day-to-day management of the company.
What will be an ideal response?
1Which of the following manufacturing industries would be most likely to employ a job order cost system of cost accounting?
a. Latex Paint b. Cement c. Pharmaceutical d. Aircraft
A firm with a cash conversion cycle of 175 days wants to stretch its average payment period from 30 days to 45 days. This will result in a(n) ________ in the cash conversion cycle of ________ days
A) increase; 15 B) decrease; 15 C) increase; 45 D) decrease; 45