We think that establishing a solid relationship with all of our suppliers will better enable us so that costs, wastes, and inefficiencies can be reduced. This is the ________________________________________ management concept.
Fill in the blank(s) with the appropriate word(s).
supply chain
You might also like to view...
The tendency to overlook the importance of situational factors in favor of cultural explanations is known as the cultural ________ error.
Fill in the blank(s) with the appropriate word(s).
Support activities in a value chain include the processes of finding vendors, setting up contractual arrangements, and negotiating prices.
Answer the following statement true (T) or false (F)
In an EOQ model with variable demand, as the desired service level increases, how does Z change?
a. Increases b. Decreases c. Neither increases nor decreases d. Cannot be determined from the information given
Tidewater Distributors is successfully using short-term financing to buy inventory for resale. As sales climb, the managers realize that they must decide what to do with the money. Since you are the financial manager, they ask for your advice. You advise them to first
A. repay the short-term obligations out of the sales revenue. B. use the money to buy a yacht for the managers. C. increase all employees' wages. D. enroll all the salespeople in a sales training course. E. borrow more money.