Distinguish between a supply chain and a value chain. How do they relate to each other?


A supply chain is a collection of companies that supply a customer with materials, products, and services. The company's supply chain includes suppliers and suppliers' suppliers as well as customers and customers' customers. On the other hand, a value chain is a sequence of value-creating activities within the organization. Supply chains link the value chains of a company and include the value chains of its suppliers and customers.

Business

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Which of the following statements is true about strict liability?

A. It applies only to manufacturers of a defective product. B. It is liability without fault. C. It requires privity of contract between the plaintiff and the defendant. D. It covers casual sales and transactions.

Business

An express warranty is created upon description of the goods

Indicate whether the statement is true or false

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In order for the tort of false imprisonment to be committed, the victim must have been

physically restrained and locked up. Indicate whether the statement is true or false

Business

Which of the following scenarios does NOT demonstrate an emotional intelligence skill?

A. Bill's sales manager Gus has not been performing at his usual best. Bill arranges a private meeting with Gus to ask Gus how he is doing and to find out if anything is wrong in Gus's personal life. B. Donella had a difficult time getting to work this morning, and when presented with a frustrating situation with her assistant, took a deep breath and separated her difficult morning from the situation at hand. C. Ahmed is focused on the sales manager's attitude at work and spends his evenings thinking about how he can change the manager's outlook. D. Brian knows that he has exceptional skills with numbers, but could use improvement in his communication skills. E. Kyoshi had a terrible drive in to work. There was construction on the road and the lanes were reduced. This made him late for a very important meeting. After parking, he listened to one more song on the radio and refocused.

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