100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Previously searched by you
Previously searched by you
logo
MIS 301n Question and answers rated A+ 2024 $14.49   Add to cart
Quickly navigate to
Preview
  2.  
  3. MIC 301
  4.  
  5. MIC 301

Exam (elaborations)

MIS 301n Question and answers rated A+ 2024

 5 views  0 purchase
  • Course
  • MIC 301
  • Institution
  • MIC 301

MIS 301n Question and answers rated A+ 2024 contract manufacturing - correct answer Outsourcing production to third-party firms. Firms that use this don't own the plants or directly employ the workers who produce the requested goods. results in lower prices and increased profits, but can caus...

[Show more]

Preview 1 out of 4  pages

Document information

  • August 27, 2024
  • 4
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

Subjects

  • mis 301
  • mis 301n question and answers rated a 2024

Written for

  • MIC 301
  • MIC 301

Seller

avatar-seller
flyhigher329

Reviews received

Content preview

MIS 301- Chapter 3
contract manufacturing - correct answer ✔Outsourcing production to third-
party firms. Firms that use this don't own the plants or directly employ the
workers who produce the requested goods.


results in lower prices and increased profits, but can cause legal action, brand
damage, reduced sales, lower employee moral, and decreased appeal among
prospective employees


Outsourcing - correct answer ✔A decision by a corporation to turn over much
of the responsibility for production to independent suppliers.
-Advantage: lower costs and increased benefits
-Disadvantage: sweatshop labor, poor working conditions, and environmental
abuse
-Firms face legal action, brand damage, reduced sales, and decreased
appeal among prospective
employees


Advantages of outsourcing - correct answer ✔lower costs and increased
benefits


PDA (personal digital assistants) - correct answer ✔an early name for
handheld mobile computing devices.


Point of Sale (POS) system - correct answer ✔Transaction processing
systems that capture customer purchases.
These systems are critical for capturing sales data and are usually linked to
inventory systems to subtract out any sold items.

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller flyhigher329. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $14.49. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

66579 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$14.49
  • (0)
  Add to cart