What are the different steps that underlie the successful management of a next-generation supply chain?
What will be an ideal response?
The different steps are (1 ) plan, (2 ) source, (3 ) make, (4 ) deliver, and (5 ) return.
Supply chain management (SCM) starts with planning, with the goal of building a nimble supply chain that aligns with actual business goals. If the corporate strategy calls for low-cost leadership, for example, a company will strive to reduce costs for transportation and inventory storage. In step 2, managers make decisions about sources, and which suppliers to use. Again, the business strategy should guide many choices, such as whether to commit to long-term contracts or encourage frequent and fierce competition among potential suppliers. The "make" step transforms the resources into something with more value. Supply chain managers track inventory at each stage, fine-tuning the flow so that some parts don't run short while others are overstocked. Managers' keen interest in inventory levels continues through the delivery step, as products are transported to distribution centers and retailers. Finally, SCM includes returns.
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The current expected value of a stock is $32. If investors demand a higher rate of return of 10 percent instead of the 8 percent rate of return, what will the impact on the stock price of the firm be?
A. The stock price will increase by 10 percent. B. The stock price will not be affected by the change in the rate of return. C. The stock price will increase to $35. D. The stock price will reduce to zero. E. The stock price will decrease as a result of the higher rate of return demanded by investors.
Which of the following products is an example of a manufacturer brand?
A. Great Value Corn Flakes B. JCPenney jeans C. Kmart tires D. Sony TVs E. Safeway tomato sauce
When valuing a seed-stage, startup, or early-stage company, which of the following is most likely to be considered?
a. the company’s history of sales b. how much time it will take for the business to become profitable c. the length of time invested in developing the product or service d. the amount of capital already raised by the founders