Wpc 150 - Study guides, Class notes & Summaries

WPC 150: SCM Workbook questions with verified solutions

WPC 150 Chapter 3 Test Questions with Correct Answers The process of analyzing an organization's strengths, weaknesses, opportunities, and threats is a(n) analysis. - Answer- SWOT Who performs strategic planning? - Answer- Top management Which of the following are decided by top management during strategic planning? - Answer- - What products or services to sell - Which customers to serve - When to serve customers The definition of states: the broad, long-term accomplishments an...

WPC 150 Information Systems Workbook Questions with All Correct Answers Timeliness of information is important because: - Answer- it allows for prompt resolution of customer problems it can provide rapid feedback on product problems The overabundance of data is called - Answer- infoglut Information gathered from transactions and interfaces with customers is _____ _____ information. - Answer- business process The criteria used to evaluate information include: - Answer- completeness t...

WPC 150 Chapter 3 Pt. 2 Exam Questions with Correct Answers The tasks in the selection process include: - Answer- gathering application information - conducting interviews - testing the applicants It is important to plan and prepare all interviewers for the interview because: - Answer- missteps and illegal questions can lead to lawsuits based on anti-discrimination laws A well planned job application should ask for information about - Answer- - Work experience - Educational backgro...

WPC 150: Supply Chain Management Quiz with Complete Solutions What is not one of the reasons that a company might spend money to move their facilities? Better looking building True or False: Time utility is related to Economic utility in that products are made available to customers when they need them. False True or False: An import quota increases the number of products in certain categories a nation can import False True or False: Just-in-Time (JIT) is a production process in ...

WPC 150: Accountancy Quiz Latest 2024 Graded A+ Resources that a firm owns are called assets When companies owe money to creditors, suppliers, and others, these outstanding amounts are recorded on the balance sheet as liabilities. Accounting provides financial information that can be useful to owners, creditors, suppliers, employees, and investors of an organization. True What is an example of a financial transaction? A firm purchases a fire insurance policy. Accounting provi...

WPC 150: Finance Quiz Latest Update Already Passed Costs associated with the conflicts of interest between the managers and the shareholders of a corporation are called: agency costs. One way to mitigate agency problems is to include shares of company stock in executive compensation packages. True Present value is defined as: future cash flows discounted to the present by an appropriate discount rate. Understanding basic principles of finance is important for All of the above ...

WPC 150: Marketing Workbook, Exam Questions and answers, RATED A+ Marketing is the activities, sets of institutions, and processes that add ______ for customers. value The first era in marketing was a focus on producing as much as possible because of high demand. This was termed the _____ era which was followed by the selling era, the marketing concept era and finally the customer relationship era.. production States use marketing to attract many groups. Choose the two main groups fro...

What is not one of the reasons that a company might spend money to move their facilities? : Better looking building True or False: Time utility is related to Economic utility in that products are made available to customers when they need them. : False True or False: An import quota increases the number of products in certain categories a nation can import : False True or False: Just-in-Time (JIT) is a production process in which a minimum of inventory is kept on the premises and p...