Supply chains have been in existence for over a century. What is different about supply chains in the 21st century from those in existence 100 years ago?
What will be an ideal response?
Answer: The active management of supply chain activities is the big difference between supply chains in existence today and those of decades ago. Active management includes relationship management and an examination of the supply chain as a whole to optimize it from a global perspective. In the past, the production managers of each company in the supply chain were more concerned with the operation and financial well-being of their own companies, often to the detriment of other members of the supply chain.
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a. when everyone is there and when they need to leave b. arbitrarily c. on time d. as needed
When using a sales letter to promote a high-priced item, one idea is to involve the reader in a demonstration
Indicate whether the statement is true or false
"Bozo, if you wash my car I will pay you $10." Bozo says nothing but washes the car later that day. There is what may be called:
a. a voidable contract b. an unenforceable contract c. a unilateral contract d. an executory contract e. no contract
Why is media planning a more complicated process today than it was 10 years ago?
A. the discovery of more sophisticated marketing research techniques B. the normalizing of huge advertising budgets C. the diminishing number of media available to advertisers D. the increasing fragmentation of the audience E. the declining complexity of media buying and selling