Unit 4 - Customers and communication

Summary Purchasing & Supply Chain Management ,Revised ,Verified ,With Questions and Answers (Graded A+) Why are more top managers recognizing the importance of purchasing/supply management? - Correct Answer>>SCM improves relationship building and innovation, improves reputation, time, competitive advantages, and operating cost of company. What is the difference between purchasing and supply management? What is the difference between supply chain orientation and supply chain management?...

microbusiness - correct answer a small firm that provides minimal profits to its owner. Bootstrapping - correct answer doing more with less in terms of resources invested in a bus. and where possible, controlling the resources without owning them. 6 Reasons Entrepreneurs Fail. - correct answer 1)Overestimate what you can do. 2)Lack and understanding of the market. 3)Hire mediocr...

SIE Exam- Unit 1 (Knowledge of Capital Markets) SEC- - answerSecurities and exchange commission is the securities industry's primary regulatory body. Which act created the SEC? - answerThe securities exchange act of 1934 What is the purpose of registering with the SEC - answerIf you conduct securities business with either customers or broker dealers; you must be apply and be approved for registration with the SEC Additional role of the SEC - answerIt regulates all exchanges and tradin...

Unit 1 - Exploring Business Assignment 1 P1, P2, P3, M1, M2, D1 Emotional Motivation: - ANS-When consumers buy products because of an emotional feeling they get from the product or buying the product. An example of this is impulse shopping. Buying something because of the real or perceived way it makes you feel. Logo: - ANS-Recognizable and distinctive graphic design, stylized name, unique symbol, or other device for identifying an organization. Marketing: - ANS-The process of p...

Which of the following organizations is more likely to use project financing? A. a small start up B. a financial services firm w an extensive client list C. a large consumer goods company D. a large public utility involved in infrastructure development - ANSWERSD. After an extensive recruitment process to select well-qualified individuals, a large percent of a company's new hires resigned within the first month of the job. Which of the following is the most likely explanation for thi...

Supply chain - answer-a supply chain is a "global" network used to deliver products and services from raw materials to end customers through an engineered flow of information, physical distribution, and cash. Three main types of supply chain strategies - answer-stable, reactive and efficient reactive Stable supply chain strategy - answer-1. With a significant history of stability between demand and supply. 2. That are focused on execution, efficiencies, and cost performance. 3. Tha...

DB 430 EXAM 2 STUDY GUIDE SOLUTIONS Distributors can locate anywhere due to - Ans:-technology infrastructure, transportation, and communication T/F Facility location has a longterm effect on the supply chain and must be part of the firm's strategy - Ans:-True Important location decisions - Ans:-1)Access and proximity to market- consider customer SERVICE STANDARDS 2)Outbound transportation issues- consider COST 3) Access and proximity to supplier- consider INVENTORY, RELATIONSHIPS 4)...

ETS Major Field Test Practice Questions and Answers Which of the following organizations is most likely to use project financing? (A) A small start-up (B) A financial services firm with an extensive client list (C) A large consumer goods company (D) A large public utility involved in infrastructure development - Answer-(D) A large public utility involved in infrastructure development After an extensive recruitment process to select well-qualified individuals, a large percent ofa compan...

ETS Major Field Test Questions and Answers 100% Pass Which of the following organizations is most likely to use project financing? (A) A small start-up (B) A financial services firm with an extensive client list (C) A large consumer goods company (D) A large public utility involved in infrastructure development - Answer-(D) A large public utility involved in infrastructure development After an extensive recruitment process to select well-qualified individuals, a large percent ofa c...

O1. Outline FIVE differences between purchasing goods and purchasing services. 1. Goods are tangible, services are intangible: 2. Services cannot be separated from their supplier: 3. Heterogeneity: goods are usually uniform in nature while services are unique at each delivery 4. Services 'perish' immediately on delivery whereas goods can be stored until required 5. Products are easier to specify, being tangible O2. Explain THREE circumstances in which a competitive tendering exercise migh...