Insourcing - Study guides, Class notes & Summaries

Test Prep WGU Principles Of Management - C483 Questions And Answers Well Illustrated. Delivery of products or services - correct answer. A value chain is the sequence of activities that begins with raw materials. What result does a value chain end with? Choose 1 answer Supply and demand Operations and logistics Outsourcing or insourcing Delivery of products or services Profit margins are increased. - correct answer. What happens when an effective value chain is cre...

Goods correct answers tangible products/physical items being sold (computers, food, cars, etc.) Services correct answers intangible goods/services being sold (education, healthcare, insurance, etc.) Revenue correct answers the total amount of money businesses take in during a given period by selling goods and services Profit correct answers the amount of money a business earns beyond what it spends for salaries and other expenses Loss correct answers occurs when a business's expense...

Principles of Management Test Questions with Correct Answers A value chain is the sequence of activities that begins with raw materials. What result does a value chain end with? a. Delivery of products or services b. Supply and demand c. Operations and logistics d. Outsourcing and insourcing - Answer-Delivery of products and services What happens when an effective value chain is created? a. A mission statement is developed b. Profit margins are increased c. Customized products are st...

Principles of Management Test Questions with Correct Answers A value chain is the sequence of activities that begins with raw materials. What result does a value chain end with? a. Delivery of products or services b. Supply and demand c. Operations and logistics d. Outsourcing and insourcing - Answer-Delivery of products and services What happens when an effective value chain is created? a. A mission statement is developed b. Profit margins are increased c. Customized products are stand...

Compute freight costs based on weight (in tons), distance and freight rate (based on full truck load or partial truck load): correct answers Freight cost = D x Wt x Rt D = Distance Wt = Annual weight in tons = R*w/2000 lbs/ton R = Rate (Freight cost in ton-miles) Compute inventory holding costs after determining average inventory: correct answers Annual Holding cost= (Q/2)kc = (order quantity/2)(holding cost)(purchase cost) Annual Order Cost= (R/Q)s = (annual requirements/order quantity...

Test Prep - WGU - Principles of Management - C483 Questions with 100% Correct Answers Delivery of products or services - Answer- A value chain is the sequence of activities that begins with raw materials. What result does a value chain end with? Choose 1 answer Supply and demand Operations and logistics Outsourcing or insourcing Delivery of products or services Profit margins are increased. - Answer- What happens when an effective value chain is created? Choose 1 answer Profit margi...

MKTG 3340 Quiz 3 Study Guide 2024. day running of a business Procurement - correct answer the buying and reselling of goods that have already been produced Offshoring - correct answer Moving operations from the country where a company is headquartered to a country where pay rates are lower but the necessary skills are available. Social Responsibility - correct answer the duty of a business to contribute to the well-being of a community and society (Patagonia environmentally friendly, n...

Delivery of products or services - A value chain is the sequence of activities that begins with raw materials. What result does a value chain end with? Choose 1 answer Supply and demand Operations and logistics Outsourcing or insourcing Delivery of products or services Profit margins are increased. - What happens when an effective value chain is created? Choose 1 answer Profit margins are increased. A mission statement is developed. Customized products are standardized. Total qualit...

FINAL WGU C483 PRINCIPLES OF MANAGEMENT OA EXAM LATEST 2024 TEST BANK 200 QUESTIONS AND CORRECT DETAILED ANSWERS WITH RATIONALES (VERIFIED ANSWERS) |ALREADY GRADED A+ Delivery of products or services A value chain is the sequence of activities that begins with raw materials. What result does a value chain end with? Choose 1 answer Supply and demand Operations and logistics Outsourcing or insourcing Delivery of products or services Profit margins are increased. What happens ...

2024 WGU C483 - PRINCIPLES OF MANAGEMENT ACTUAL QUESTIONS AND ANSWERS WITH COMPLETE SOLUTION A value chain is the sequence of activities that begins with raw materials. What result does a value chain end with? Choose 1 answer Supply and demand Operations and logistics Outsourcing or insourcing Delivery of products or services Ans- Delivery of products or services What happens when an effective value chain is created? Choose 1 answer Profit margins are increased. A missi...