The goal of ________ is having the right product in the right quantity at the right place at the right cost.
A) barriers to entry
B) benchmarking
C) supply chain management
D) empowerment
E) open systems
C) supply chain management
Explanation: Today the goal of effective supply chain management is to have the right product in the right quantity available at the right place at the right cost. In recent years, supply chain management has become an increasingly important contributor to a company's competitiveness and profitability.
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As part of effective IT planning in systems development life cycle, a return on investment (ROI) calculation may be performed as part of the economic feasibility analysis. Often, many of the benefits from a new information system may be intangible benefits (e.g. system is easier to use or system enhances customer service, etc.) that are hard to quantify in an income statement. What are some intangible benefits of a state-of-the-art course registration system at your college or university?
What will be an ideal response?
The ______ assessment leads to the generation of strategic premises about the future environment, while the ______ assessment leads to a redefinition or reaffirmation of organizational core competencies.
a. external; internal b. internal; external c. environmental; SWOT d. SWOT; environmental
Which of the following qualifies as “develop enabling processes” in terms of the text’s 10-step diversity initiative?
a. Respect previous diversity initiatives. b. Develop long- and short-term goals. c. Gather relevant historical data about progress. d. Train specific individuals to manage the change process.
In the analysis and interpretation of statistical results of people's opinions, likes, and preferences, it is best to describe results in which of the following ways?
a. raw numbers b. tabulated data c. percentages d. none of the above