Which of the following is not a potential benefit of supply chain management?
a. lower costs to the customer
b. reduced inventories
c. reduced customer orders
d. reduced product defects
C
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Joseph Juran defined quality as ________, which meant that a product or service should satisfy a customer's real needs.
A. value orientation B. fitness for use C. need fulfillment D. functional capacity E. feature superiority
The risk free rate is 4.5%, the expected return on the market is 9.75%, and the firm’s beta is 1.25. Calculate the required rate of return.
What will be an ideal response?
Newman Products is preparing their first quarter production budget. The desired ending inventory of finished goods for the month of January becomes:
A) the required production for the month of January. B) the budgeted sales for the month of February. C) the beginning inventory for the month of February. D) the required production for the month of February.
One variation of licensing is referred to as
A. franchising. B. direct exporting. C. joint ventures. D. dual adaptation. E. direct investment.