responsibilities by caring for communities 01_Introduction Successful businesses do more than simply provide goods and services for customers. They also make a real contribution to the communities in which they operate. Successful ethical enterprises: • create employment and job security • provide products that give consumers good value for money • contribute to creating a more caring and cared for community and hence a better world. Amway provides a good example of a business that recognises its wider
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Name __________________________________ Directions: Please print your name on this page of the exam‚ and put your initials on each page in case I need to reassemble your test (ie – the staple fails). Second‚ record this exam version on the Scantron sheet in the block title‚ “Marking Instructions.” This exam consists of 19 questions; you should answer all 19 of them. The value of each of the 15 multiple choice question is 6 points for a total of 90 and the value of each short answer question
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framework of sustainable supply chain management: moving toward new theory Craig R. Carter and Dale S. Rogers University of Nevada‚ College of Business Administration‚ Reno‚ Nevada‚ USA Abstract Purpose – The authors perform a large-scale literature review and use conceptual theory building to introduce the concept of sustainability to the field of supply chain management and demonstrate the relationships among environmental‚ social‚ and economic performance within a supply chain management context
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Kalra (2010 p. 2) “A supply chain consists of all parties involved‚ directly or indirectly‚ in fulfilling a customers request”. The parties extend from the suppliers of your suppliers to the customers of your customers at every stage of the supply chain (Supply Chain Management‚ UoL‚ Lecture note week 1). The successful management of the value adding activities of these parties to satisfy the customer’s demand and‚ make profit while at it‚ is the sole objective of supply chain management (Chopra
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require quality information. All information should be judged according to five criteria: relevance‚ accuracy‚ timeliness‚ clarity‚ and visibility. Deficiencies in any of these areas will weaken the decisionmaking process. Ensuring the quality of information is critical for effective supply chain management. Unfortunately‚ the complexity of the task intimidates many companies into settling for inefficiencies and inaccuracies. As a result‚ decisions are based on Key Performance Indicators (KPIs) that can
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How does a concentrated cluster enhance the supply chain management and therefore improve the firm performance? Any drawbacks? Supply chain management is improved through the use of concentrated clusters because of the relationships developed between the supplier and customer. Utilizing a concentrated cluster adds benefits to a company since the clusters are linked to several companies and other entities within the same industry. Being involved with clusters allows the company and customers
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are currently so many different products on the market. A buyer cannot make a purchasing decision based off of impulse or feelings. A careful purchasing decision requires a serious attention before‚ during and after the purchase process. To ensure a beneficial purchase process‚ companies can follow five purchase objectives: the ’five rights’. But do the ‘five rights’ answer to real needs of the modern businesses? This essay explains in a first part what purchasing is and how performance measurement
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electronic commerce company that was established by Sachin Bansal and Binny Bansal in 2007 and now it is India’s largest online retailers with sales of 1 billion$ for year 2013-14. With a strong focus on customer service‚ it has developed an efficient supply chain which focuses on maximising customer satisfaction. The objective is to provide a memorable online shopping experience to their customers so that they come back again and again using innovative services like Cash on Delivery‚ a 30-day replacement
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Supply chain management is a road map that connects all factors (marketing‚ human resource‚ manufacturing‚ infrastructure) in order to identify and implement the best appropriate solution for a sustainable business. Theoretically‚ the definition of supply chain and its implementing have become familiar with Vietnamese business but running it in an effective way and maximizing the benefits that an organization can have is another story. The Vietnamese government and both local and foreign organizations
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previously been a family run business‚ and following the death of the founder and CEO‚ family members decided to sell the enterprise. Vonkel saw the potential for this business and purchased it‚ with intentions of improving supply chain performance. The domestic supply chain involves inbound shipments of raw materials from a number of small suppliers to a manufacturing location in Pretoria. Once the jewelry has been created‚ shipments are sent through a transportation intermediary to retail stores
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