What does supply chain management involve?
A. Analyzing and redesigning workflow within and between enterprises.
B. Integrating all departments and functions throughout an organization into a single IT system so that employees can make decisions by viewing enterprise-wide information on all business operations.
C. Managing information flows between and among activities in a supply chain to maximize total supply chain effectiveness and corporate profitability.
D. Managing all aspects of a customer's relationship with an organization to increase customer loyalty and retention and an organization's profitability.
Answer: C
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You are working on an evaluation project for your client. You used Brinkerhoff’s training impact model in your evaluation project. You and your client determined three dimensions – one dimension was selected from the program capabilities category, another one was selected from the critical actions category, and another one selected from the key results category of the training impact model. The client liked your work, but asked, “My boss is familiar with Kirkpatrick’s model, and she will ask me if we are evaluating Level 3. Are we?” What is the most appropriate answer?
a. Yes, we are conducting a Level 3 evaluation (by pointing at the item selected from the program capabilities category). b. Yes, we are conducting a Level 3 evaluation (by pointing at the item selected from the critical actions category). c. No, we can’t conduct a Level 3 evaluation when we use Brinkerhoff’s training impact model because this model does not include Level 3 type results. d. No, we are not using a Level 3 evaluation because it is difficult to follow up with the trainees once they complete a training program.
For the question(s) below, consider the following competitive profile matrix:
Which of the following statements is true? Select one:
a. The most important of the key success factors is location.
b. Overall, Competitor 2 is the strongest of these three companies.
c. Your company's most vulnerable point against these two competitors is in the area of on-time delivery.
d. Your company's most serious weakness is its poor quality.
On January 1, Year 1, Friedman Company purchased a truck that cost $48,000. The truck had an expected useful life of 100,000 miles over 8 years and an $8,000 salvage value. During Year 2, Friedman drove the truck 18,500 miles. Friedman uses the units-of-production method. What is depreciation expense in Year 2?
A. $6,000 B. $5,000 C. $7,400 D. $8,880
Describe the effects of participation in decision making.
What will be an ideal response?