ᄃChapter 1 quiz Submitted by rjt5008 on 1/22/2007 3:27:17 PM Points Awarded 8 Points Missed 2 Percentage 80% 1. The role of strategic supply management is best captured by the following question: A. how can supply help decrease costs? B. how can supply help decrease costs and increase revenues? C. how can supply and suppliers help decrease costs? D. how can supply and suppliers help decrease cost and increase revenues? E. how can supply help suppliers decrease costs? Points Earned:
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End-of-Chapter Questions (3-2) Financial ratio analysis is conducted by managers‚ equity investors‚ long-term creditors and short-term creditors. What is the primary emphasis of each of these groups in evaluating ratios? Managers deal with all types of ratios. It is important for them to judge and improve the overall financial position of the company. Financial ratios are one of the most common tools of managerial decision making. Financial ratios involve the comparison of various figures from
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3. The lack of harmonized food -safety practices and standards is just one of the challenges facing the food industry as it increasingly globalizes. What other challenges does the food industry face as the world becomes more economically integrated? What solutions do you pose for these problems? As we know today‚ the world has become more economically integrated and many problems regarding the food issues arising that give challenges to those people and organization involve in the food industry
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the different size businesses‚ local‚ national +international – with examples Local business- is a company close to you and there is only one in that area‚ for example NTM hair salon it is run by someone who lives locally and there’s only one so this makes it a local business. National businesses are companies that are only England but can be more than one such as Morrison’s as there are lots of them around the UK but it is only UK branded. International businesses are companies all around the world
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poor and workers seriously suffer during the production process. The willingness of Wal-Mart to fight with the abusive system‚ in which these plants produce their products that we can see on Wal-Mart shelves‚ is an example of ethical way of doing business. If all shopping chains would adhere to a code of ethic in that way‚ it would really make a difference in the world. The benefit is that Wal-Mart is a place where people can do their shopping and be sure‚ they are buying stuff manufactured at plants
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Cruises‚ i.e.‚ sea voyages for pleasure‚ offer passengers the convenience of an assigned cabin as they sail along a fixed itinerary that concludes at their original point of sea embarkation. Almost everything about the entire cruise industry is international‚ from the routes traveled to the use of flags of convenience to the locations of shipyards to the staffing of vessels. By far the largest cruise competitor is Carnival Corp.‚ which claims more than 40 percent of the global cruise market and owns
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Most foreign enterprises move their materials into China to use Chinese labor. If they continue‚ their production costs will rise. However‚ these enterprises may find selling into China more attractive because the Chinese buying power will increase. 3. Letting the yuan float freely could increase direct investment flows into China. A free flowing yuan makes China richer. This will boost the Chinese economy and make the Chinese people’s buying power higher. Because of this higher buying power‚ foreign
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Lisette Negron Chapter 3: Analyzing Managerial Decisions: Property Right Security in Russian Deprivatization. Instructor: Dr. James Larriviere Saint Leo University 5 July 2015 (1) What impact will the prospect of deprivatization have on investment by managers of privatized firms? It will cause a devastating situation to privatized firms managers‚ it will greatly affect the structure and the projected strategic plan. They invest time and money including hiring staff to accomplish the project;
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Exam Chapters 9 and 10 1. When operating a business in the current environment‚ holding on to a promise to run an ethical business can be very challenging. 2. Globalization can be seen to have an upside and a downside. 3. All of the following are arguments advocates use to promote the downside of globalization‚ except: globalization brings unprecedented improvements in wealth and standards of living. 4. Which of the following is NOT an objective of departmental ethics training? Comparing
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References: [1] Molina MJ‚ Molina LT. Megacities and atmospheric pollution. Journal of the Air and Waste Management Association 2004;54:644e80. [2] Moriarty P. Environmental and resource constraints on Asian urban travel. International Journal of Environment and Pollution 2007;30(1): 8e26. [3] Crutzen PJ. Albedo enhancement by stratospheric sulfur injections: a contribution to resolve a policy dilemma? Climatic Change 2006;77: 211e9. [4] Lovins AB. More profit with less carbon. Scientific American; 2005 September
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