Tutorial 8 Sourcing & Purchasing Decisions Part A MULTIPLE CHOICE 1. One advantage of outsourcing is that it: a. gives the company a high degree of control over its operations. b. increases the company’s access to state-of-the-art products and processes. c. protects the company’s proprietary designs and processes. d. encourages the development of the company’s core competencies. 2. Which of these is an indirect cost associated with insourcing?
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Chain of Command Communication COM 425 Instructor Robert Strain January 13‚ 2014 Chain of Command Communication In the world of business‚ communication has to exist for any company to meet the goals of employees and of its own. As in the military a chain has been developed so that all troops can understand that flow of communication and authority. This style is known as the chain of command which is defined as: “The order in which authority and power in an organization is wielded
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Introduction: The effective management of supply chains is one of the significant strategic aspects of business organizations. The simplest definition of the SCM is the combination of art and science that goes into improving the way your company finds the raw components it needs to make a product or service and deliver it to customers. Managing the production of the company’s good and services‚ monitoring‚ storage‚ inventories‚ coordinating with suppliers and ensuring timely distribution of goods
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Finance in common terminology means management of cash or other valuables‚ which can be transmuted into money. In broader term finance is the science of funds management. Finance involves inflow of money and often outflow of money. Simon Andrade‚ defines the term finances of the following ways: 1) "Area of economic activity in which money is the basis of the various embodiments‚ whether stock market investments‚ real estate‚ industrial‚ construction‚ agricultural development‚ so on. "‚ and 2)" Area
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good?Jean Jacque Rousseau and Thomas Hobbes both answer these questions differently. Rousseau claims that human nature were naturally good but eventually became enemies with each other‚ he also believes inequality first occurred when population grew. Hobbes claims that we were born evil in the first place. These two authors go into depth with their arguments‚ but I agree more with Rousseau. Rousseau declares that when the population grew‚ needs and wants were accompanied (Rousseau‚ paragraph 2).
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Confirming Pages P A R T T H R E E Supply Chain Logistics Design One of the two primary responsibilities of a firm’s logistics management‚ as established in Chapters 1 and 2‚ is to participate in supply chain logistics design. Part 3 contains three chapters devoted to various logistics design issues. Chapter 12 establishes the global perspective of today’s business operations. Few firms enjoy the simplicity of conducting business within a single nation. The complexity of globalization
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chart of the flows of product‚ information‚ and financial settlements between Miliken‚ apparel shops design & manufacture apparel‚ department store chain headquarters & distribution centers‚ and the retail stores. As you can see‚ there is two way communication between each part of the supply chain that is next to one another but not up or down the chain‚ for example; the retails stores and the department headquarters communicate but the retail stores do not communicate with Miliken or the apparel
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The Foundation of the American Government A lot of thought went into writing the American Constitution. Many ideas were blended together‚ not limited to those of the men who were in the room as James Madison put pen to paper to write the Constitution. The Founding Fathers were inspired by many thinkers from the Age of Enlightenment‚ and the original ideas of these Enlightenment thinkers directly influenced the American Government. Montesquieu’s ideas of separation of powers and checks and balances
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The chain of command is important step in creating trust and respect with your immediate supervisor. Ultimately‚ they are responsible for making sure you are productive and happy at work. While there are situations in the form of harassment or ethical breaches that it is advised to ignore the chain of command‚ it most situations‚ your immediate supervisor should be kept in the loop of concerns or issues you have in your job.Respecting the chain of command doesn’t just mean showing respect for your
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Packetization is collection of digitized voice samples for the load The following image shows typical VoIP Packet Digitized voice becomes a payload for RTP (protocol we will study) RTP is then encapsulated into UDP And UDP into IP So this becomes Voice over IP At the and of this lecture we will again show how it all fits together Connectionless unreliable datagram service on the top of IP Adds port concept to identify peer application Datagrams may be lost‚ reordered‚ or duplicated
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