For a company to achieve strategic fit, it must accomplish the following keys:
A) All functional strategies must fit together to form a coordinated overall strategy.
B) The different functions in a company must appropriately structure their processes and resources to be able to execute these strategies successfully
C) The overall supply chain must operate at the lowest cost possible to achieve success.
D) The design of the overall supply chain and the role of each stage must be aligned to support the supply chain strategy.
Answer: C
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Indicate whether the statement is true or false
After an audit report is issued, the auditor discovers through a peer review that an important audit procedure has been omitted. In this case, what should the auditor do?
a. Notify all parties known to be relying on the report. b. Immediately request the client recall the report. c. Contact his or her professional liability insurance carrier. d. Determine whether the report can still be supported in light of the omitted procedure.
Department S had no work in process at the beginning of the period. 12,000 units of direct materials were added during the period at a cost of $84,000, 9,000 units were completed during the period, and 3,000 units were 30% completed as to labor and overhead at the end of the period. All materials are added at the beginning of the process. Direct labor was $49,500 and factory overhead was $9,900
The total conversion costs for the period were: A) $59,400 B) $49,500 C) $143,400 D) $9,900
In the process of evaluating the attractiveness of a multibusiness (diversified) company's business lineup, an analyst would generally not consider
A. the frequency with which strategic alliances and collaborative partnerships are used in each industry, and the extent to which firms in the industry utilize outsourcing B. industry uncertainty and business risk C. the presence of cross-industry strategic fits and matching resource requirements to the parent company D. market size and projected growth rate, industry profitability, and the intensity of competition E. resource requirements, and whether an industry has significant social, political, regulatory, and environmental problems