A ________ activity is one that is necessary to meet customer requirements
a. value-added
b. backflush
c. non-value-added
d. just-in-time
a
You might also like to view...
Example of a "brand symbol" includes all of the following except:
A) date of manufacture on Coca-Cola cans. B) the wave that appears on red Coke cans and bottle labels. C) non-word marks such as the Nike swoosh. D) three-pronged Mercedes star. E) McDonald's golden arches.
Me and you know how important it is for the travel industry to advertise online
What will be an ideal response?
Which of the following is/are true?
a. Revenues measure the inflow of net assets from operating activities. b. Expenses measure the outflow of net assets consumed in the process of generating revenues. c. Recognizing revenues and expenses always involves a simultaneous entry in an asset and/or liability account. d. Adjusting entries almost always involve an entry in at least one income statement and one balance sheet account. e. All of the above are true.
NovartisNovartis, a Swiss drug maker, is planning to purchase a majority stake in Zhejiang Tianyuan Bio-Pharmaceutical Company, a Chinese vaccine maker. Novartis has agreed to pay $125 million for the company that holds a 3% share of China's $1 billion vaccines market. The market for vaccines is growing 20% or more in developing nations of Asia, Africa, and Australasia. In the past, vaccine use has been limited to basic shots against diseases such as polio, tuberculosis, and measles, but as the economies of these countries grow, government and private healthcare spending focuses on preventing diseases such as hepatitis B, cholera and rotavirus, tetanus, and others. Some critics are against the acquisition, claiming that prices will increase. Novartis claims it is not interested
in raising prices but rather to expand Tianyuan's product offerings.Refer to Novartis. One thing Novarti plans to do is increase sales to governments and to the United Nations agencies because these are the typical buyers of vaccines to distribute in poor countries. Thus, the company is willing to give up short-term profits to increase market share for this company. In terms of the Boston Consulting Group's portfolio matrix, which basic strategy will Novartis be implementing? A. hold B. harvest C. divest D. build E. divert