Distinguish between upstream and downstream firms in a supply chain and provide an example
What will be an ideal response?
Answer: Upstream and downstream are relative terms that describe the position of a supply chain member from one point of reference. A supply chain member that is upstream from a firm is sending their output to the firm for use as an input. A supply chain member that is downstream from a firm is taking the firm's output and using it as an input to their own processes. It is possible for a single member of a supply chain to be both upstream and downstream from one or more members of their supply chain. Examples may vary.
You might also like to view...
On January 1, 2015, Bogart Acres Company issued 10,000 shares of 10%, $20 par value cumulative preferred stock. In 2015 and 2016, no dividends were declared on preferred stock. In 2017, Bogart had a profitable year and decided to pay dividends to
stockholders of both preferred and common stock. If they have $200,000 available for dividends in 2017, how much could it pay to the common stockholders? a. $140,000 b. $160,000 c. $180,000 d. $200,000
According to Professor Amabile, an increase in knowledge leads to higher levels of ______.
A. originality B. creativity C. inventiveness D. vision
You recently delivered a training program about a new strategic planning method to a group of managers. You administered a survey with the managers 3 months after the training program and reported percentages of different types of behavioral change as shown in the chart below. Among the four options listed below, which survey question allowed you to develop this bar graph?
a. Have you fully implemented the new strategic planning method?
___ Yes
___ No
b. Have you implemented the new strategic planning method?
(Never) 1 2 3 4 (Fully)
c. How much of the new strategic planning method have you implemented?
___ fully
___ partially
___ merely attempted
___ never
d. I have fully implemented the new strategic planning method.
___ Strongly agree
___ Agree
___ Disagree
___ Strongly disagree
The competitive intelligence system continuously collects information from the field through ________
A) government publications B) online monitoring C) speeches D) online databases E) market surveys