False. Managing a supply chain is a not fairly simple task. Activities occur sequentially, customers know what they need, and the companies involved share common goals is a hard things to do. Especially in the field of management which we will be more required to understand for humans than anything else.
Supply chain management is a coordinated system consisting of organizations, human resources, activities, information, and other resources that are involved together in moving a product or service either in physical or virtual form from a supplier to a customer. The goal to be achieved from each supply chain is to maximize the value and profit generated as a whole. An integrated supply chain will increase the overall value generated by the supply chain.
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The price elasticity supply of doctors could be considered ________ because it takes a minimum of four to six years of training to be able to work as a physician.
The price elasticity supply of doctors could be considered relatively inelastic because it takes a minimum of four to six years of training to be able to work as a physician.
What is supply?Supply can be defined as the part of a commodity or a service that is being placed in the market for the consumer to buy.
The price elasticity supply of the doctor will increase after their education, but the price will not be that much efficient as it produces relatively less elasticity.
The proportion variation inside a commodity's currency values in a substantially lower proportion variation in the amount desired.
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Jon is using _______ when he bases his decision to purchase textbooks on price, condition, and location. multiple choice question.
Jon is using evaluative criteria when he bases his decision to purchase textbooks on price, condition, and location. Thus the correct option is B.
What is the Price?A price is referred to as an amount paid by an individual on the purchase of any product. This price of a product is based on the factors like cost of production, packaging, promotion, and so on.
Evaluative criteria are referred to as a technique in which a decision or judgment is taken based on the factors of evaluation. In this case, John is taking a decision based on factors like price, condition, and location to purchase a textbook.
Therefore, option B evaluative criteria are appropriate.
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The complete question is
Jon is using __________ when he bases his decision to purchase textbooks on price, condition, and location.
A. determinant attributes
B. evaluative criteria
C. habitual buying
D. personal preferences
What summary measures would be appropriate to describe the variable 'lowbt'?
There are four repeatedly used measures of variability: the range, interquartile range, variance, and standard deviation. The standard deviation is the most typically used and the most important measure of variability.
How do you measure variables in research?Statistical variables can be calculated using measurement instruments, algorithms, or even human control. How we measure variables is called the scale of dimensions, and it affects the type of analytical techniques that can be used on the data, and decisions that can be drawn from it.
Standard deviation uses the mean of the allocation as a reference point and measures variability by regarding the distance between each score and the mean.
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In a perfectly competitive market, a firm operating in the long run is forced by competition to adjust its scale of operation:______.
A company that operates over the long term in a perfectly competitive market is compelled by competition to change its scale of operation until average cost is minimized.
More about perfectly competitive market:
In a market structure known as perfect competition, numerous businesses sell comparable goods while making almost little profit because of the intense competition.
A market that is perfectly competitive is one in which all enterprises sell the same good and where there are no barriers to entry or leave. The existence of several enterprises and the homogeneity and uniformity of the products are essential elements of perfect competition.
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The basis of strategic position through serving broad needs of few customers is known as:_____.
The basis of strategic position through serving broad needs of few customers is known as "Needs-Based Positioning".
Thus, Variety-Based Positioning is inapplicable to this form of strategic positioning due to the fact that addressing a limited number of customers' wants is the foundation of variety-based business.
Additionally, choosing which industry developments and client wants the company will address in order to prevent organizational distractions as well as maintain the company's uniqueness are strategic leadership priorities.
Therefore, let's conclude that Needs-Based Positioning and Variety-Based Positioning can be very helpful for strategic leaders who have to address the needs and wants of the consumers.
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Encouraging or helping a firm's suppliers to perform in a desired fashion can be referred to as?
Encouraging or helping a firm's suppliers to achieve in the desired fashion can be directed to as Supplier Management.
What is meant by Supplier Management?Assessing supplier performance, defining and establishing delivery and quality standards, and upholding supplier relationships are all parts of supplier management. Making sure that suppliers meet or exceed the buyer's expectations in terms of quality, delivery, and pricing is the aim of supplier management. Value for money must be acquired from all suppliers, according to the Supplier Manager. He ensures that all contracts with suppliers support the demands of the company and that all suppliers uphold their end of the bargain.
The systematic, enterprise-wide evaluation of a supplier's strengths, performance, and capabilities in relation to the overall business strategy is known as supplier relationship management (SRM). SRM also involves choosing which activities to undertake with various suppliers, as well as planning and carrying out all supplier interactions in a coordinated manner throughout the relationship life cycle in order to maximize the value realized through those interactions.
Creating two-way, mutually beneficial connections with strategic supply partners is the main goal of SRM in order to provide higher levels of innovation and competitive advantage than are possible through independent operation or a standard, transactional purchasing arrangement. Supplier information management, compliance, risk management, and performance management are underlying disciplines that underpin effective SRM.
Hence, Encouraging or helping a firm's suppliers to achieve in the desired fashion can be directed to as Supplier Management.
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Which is not a component that is taken into account with a relative value unit (rvu)?
a. overhead
b. work
c. all are components
d. malpractice
Overhead, Work and Malpractice is not taken into account with a relative value unit.
The US Medicare compensation model for physician services uses relative value units (RVUs) as a measure of value. [1] The resource-based relative value scale includes RVUs. Prior to the implementation of RVUs, Medicare compensated for physician services based on "usual, customary, and reasonable" rate-setting, which resulted in inconsistent payment. A Medicare cost schedule was established by the Omnibus Budget Reconciliation Act of 1989, and as of 2010, there were roughly 7,000 different physician services included. The American Medical Association owns the intellectual property rights to the terminology used to categorize the services, which is based on the Current Procedural Terminology (CPT).
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This component of the opportunity analysis addresses the role of the community, region, nation, and world relative to your business?
This component of the opportunity analysis addresses the role of the community, region, nation, and world relative to business environmental analysis.
What is community?
A community is a social group of individuals who share a common characteristic, such as a common government, location, culture, or heritage. A community is the main interest of a particular group.
The term “environmental analysis” refers to identifying the variation in society. The primary roles are business-to-opportunity analysis using technology, community, nation, and region.
As a result, the opportunity analysis the role of the community, region, nation into the business is called the environment analysis.
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Few defects will be produced when the actual process variation is __________ than the target variation.
Few defects will be produced when the actual process variation is smaller than the target variation. So the correct option is B smaller
What is variation?
The discrepancy between an ideal and real scenario is referred to as the Law of Variation. The most frequent manifestations of variation or variability are changes in the data, anticipated results, or minor changes in the quality of the output. Four distinct locations are where variation typically occurs:
1 : Special causes
2 : Common causes
3 : Tampering
4 : Structural variation
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A chain of activities performed by the organization to transform inputs into outputs valued by the customer is:__________
A chain of activities performed by the organization to transform inputs into outputs valued by the customer is Value Chain
What is the value chain of an organization?
A value chain is a set of activities that an organization carries out to create value for its customers. Porter proposed a general-purpose value chain that companies can use to examine all of their activities and see how they're connected.A value chain analysis is when a business identifies its primary and secondary activities and subactivities, and evaluates the efficiency of each point. A value chain analysis can reveal linkages, dependencies, and other patterns in the value chain.The value chain concept was first described in 1985 by Harvard Business School professor Michael Porter, in his book Competitive Advantage: Creating and Sustaining Superior Performance.
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Given the following linear demand forecast: demand = 50 10 x (where x is the desired forecast period), what is the predicted forecast at period 7?
The predicted forecast at period 7 is 120
Calculation of the predicted forecast at period 7:
Since there is linear demand forecast: Demand = 50 + 10 X (where X is the predicted forecast at period 7)
So,
= 50 + 10X
= 50 + 10(7)
= 50 + 70
= 120
What is Demand Forecast?
Demand forecasting is the technique of estimating and predicting future consumer demand for a good or service using predictive analysis of previous data. By estimating future sales and revenue, demand forecasting assists the company in making more educated supply decisions. Utilizing previous sales data to estimate future sales, organisations may use demand forecasting to maximize inventory. This allows them to make well-informed decisions about anything from inventory planning and warehousing requirements to running flash sales and satisfying consumer expectations.
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Roi is most appropriately used to evaluate the performance of:_______
a. revenue center managers.
b. both profit center managers and investment
c. center manager
Roi is most appropriately used to evaluate the performance of both profit center managers and investment Option(b) is correct. ROI is a well known metric as a result of its flexibility and effortlessness.
What is Rate of Investment?Return on investment (return for money invested) is a presentation measure used to assess the productivity or benefit of an investment or look at the effectiveness of various investments.
Basically, ROI can be utilized as a simple measure of an investment's productivity. This could be the ROI on a corporate security, the ROI an organization anticipates on extending a plant, or the ROI created in a land transaction.
The actual calculation is straightforward, and it is generally simple to decipher for its great many applications. On the off chance that an investment's ROI is net positive, it is likely beneficial. Yet, assuming different open doors with higher ROIs are accessible, these signs can help financial backers dispose of or select the most ideal options.
Therefore Option(b) is correct.
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The principles and assumptions that the management of a company uses to record and report its financial information are called?
Answer: GAAP - Generally Accepted Accounting Principles
Explanation:
What is GAAP ?
A group of commonly followed accounting rules and standards for financial reporting is known as generally accepted accounting principles (GAAP or US GAAP). The objectives of GAAP, the standard set by the U.S. Securities and Exchange Commission (SEC), include rules related to every industry as well as descriptions of concepts and principles. GAAP is intended to ensure that financial reporting is fair and accurate throughout all organizations.
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The guiding principles and presumptions that a company's management employs to record and disclose its financial information are referred to as GAAP (Generally Accepted Accounting Principles).
"Generally recognized accounting principles" are a set of regularly used accounting guidelines and requirements for financial reporting. The objectives of GAAP, the standard set by the U.S. Securities and Exchange Commission (SEC), include rules for every industry as well as explanations of concepts and principles.
GAAP seeks to provide fair and honest financial reporting for all businesses.
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Scala naturae was consistent with which other account of organismal formation and diversity?
Scala naturae was consistent with The Old Testament.
What is Scala Naturae ?In order to organize everything in the natural world, both living things and non-living things, Aristotle created the Scala Naturae ("Natural Ladder"). In his Scala Naturae, Aristotle depicted a continuum between "lower" and "higher" kinds of substance.
The species cannot move around on the ladder since everything has its place. This suggests that species are unchangeable.
Humans are the only species that can reason logically, according to Aristotle, who placed them above all other species. Plants and minerals cannot move, although both humans and animals can. Minerals cannot develop and reproduce like people, animals, or plants can.
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What is a challenge associated with an outsourcing strategy?
a. lack of economies of scale
b. lack of necessary technology
c. quality-control problems
d. increased cost
e. labor shortage
Quality-control problem is a challenge associated with an outsourcing strategy. So the correct answer is c.
What is the Quality problem?
There is no one definition of quality. Quality control is the process through which goods and services are tested and evaluated to make sure they adhere to a standard, regardless of the relative meaning of the word "value." A company can assess, maintain, and enhance product quality through this method.
Long-term expenditures in quality control techniques can safeguard a business's brand, stop items from being unreliable, and boost consumer confidence. These procedures are chosen after careful methodology, testing, and consideration of best practices.
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For flow-through business entities with individual owners, how many times is flow-through entity income taxes, who pays the tax and what is the tax rate?
The flow-through entities are taxed only once and at the tax rate of 37%.
A pass-through entity can also be referred to as a flow-through entity. This is a type of legal business entity that passes all its income on to the investors or owners of the business. These are common devices to be used to avoid double taxation. Under this system, the income is taxed only at the owner's individual tax rate.
Under a flow-through entity, the business pays no corporate taxes. Sole proprietors, partnerships, and Limited liability companies are mostly taxed by this method. The biggest disadvantage of a flow-through entity is that the owners can be taxed on the income that they did not receive. A corporation or a company cannot be a flow-through entity.
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When an employee complains to his or her employer about racial harassment, the employer should:________
When an worker complains to his or her organisation about racial harassment, the company ought to take action on that and make sure that no racial harassment occur within the employees.
What is racial harassment in workplace?Racial harassment includes unwelcome and racially offensive behavior in the workplace. The harasser can be your supervisor, a supervisor in another area, a co-worker, or any one who does not work for your employer, such as a consumer or customer.
What qualifies as harassment?Harassment can consist of things like verbal abuse, bullying, jokes, making faces and posting comments about you on social media. It also includes sexual harassment.
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https://brainly.com/question/19908071#SPJ4Which of these is a basic characteristic of a civilization? question 9 options: written language strong military capitalist economy democratic government
Answer:
capitalist economy
Explanation:
I'm 90% sure it's C - got an A on test
An essential element of civilization is a capitalist economy.
What is capitalism?
Capitalism is frequently viewed as an economic system in which private actors own and control property according to their interests and demand and supply freely determine market pricing in a way that can best serve society.
Making a profit is the primary driving force behind capitalism. Both parties in a voluntary exchange transaction have a stake in the outcome, as Adam Smith, the father of modern economics and a philosopher of the 18th century, put it:
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The idea that some basic businesses such as steel mills, coal mines and utilities, should be owned and controlled by the government is indicative of a economic system. True or false?.
The idea that some basic businesses such as steel mills, coal mines and utilities, should be owned and controlled by the government is indicative of an economic system. This statement was correct. Thus, option (b) is correct.
What is economic?The term economic refers to the process of production, distribution, and consumption activities. The main components of economies are products and services. The primary sector of the economy is the industrial sector. The family (consumption) and company (product sales) are both parts of the economy.
According to the economic system, was the totally controlled by the government. The economic system of the growth to infrastructure and trade on the business was the controlled by government. There were the different types of the business are steel mills, coal mines and utilities was the control the government on imposed on the tax.
As a result, this statement was correct. Therefore, option (b) is correct.
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When consumers reduce spending, the reduction in the velocity of money is split between?
When consumers reduce spending, the reduction in the velocity of money is divided between a decline in growth and a decrease in inflation.
Inflation can be defined as an increase in prices, which can be translated as a decrease in purchasing power over time. The rate of decline in people's purchasing power can be reflected in the increase in the average price of a selected basket of goods and services over a period of time. An increase in price, which is often expressed as a percentage, means that one unit of currency is effectively buying less than it did in the previous period. Inflation can be contrasted with deflation, which occurs when prices fall and people's purchasing power increases.
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A stock sold at $32 per share in 2006. by 2016 the price per share was $65. what was the annual rate of increase for the stock?
The annual rate of increase for the stock was 3.3
Whenever we are given two independent and two dependent variables and we need to find the change between them, we are required to find the slope.
So, according to the given information, we have
Independent variables = time
So,
X1 = 2006
X2 = 2016
Dependent variables = stocks
Y1 = $32
Y2 = $65
Solution
From the equation of slope or the rate of change, we know
Rate of change/increase of stock = Y2-Y1/X2-X1
Putting the values in equation, we get
Rate of increase of stocks = 65-32/2016-2006
= 33/ 10 = 3.3
So, we can say that the rate of annual increase of stocks was 3.3.
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________ management is the art and science of choosing target markets and getting, keeping, and growing customers through creating, delivering, and communicating superior customer value.
The art and science of selecting target markets and acquiring, retaining, and attracting customers through the creation, provision, and dissemination of greater customer value is referred to as marketing management.
Market opportunity identification is done by marketing management, which then develops suitable strategies for profitably pursuing those opportunities. It must put a marketing strategy into place and continually assess the efficiency of the marketing mix. It needs to fix the issues with how marketing plans, policies, and procedures are really carried out. It takes care of the company's marketing system. Marketing management streamlines the transfer of ownership of goods and services from seller to buyer. Like all other disciplines of management, marketing management entails the duties of planning, organizing, directing, coordinating, and managing.
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Who, or what, is responsible for molding an organization's hr philosophy at every level of the organization?
Organization top management is generally and actually responsible for molding an organization's HR philosophy at every level of the organization during a certain period of the time.
What is an Organization?An organization, or organization see spelling contrasts), is an element like an organization, an establishment, or an affiliation involving one or more individuals and having a specific reason.
A half breed organization is a body that works in both the public sector and the confidential sector all the while, satisfying public obligations and creating business market exercises An intentional affiliation is an organization comprising of workers.
Such organizations might have the option to work without legitimate formalities, contingent upon ward, including informal clubs or coordinating bodies considering an objective which they might communicate as a pronouncement, statement of purpose, or in an informal way reflected in what they do in light of the fact that recall each activity done by an organization both lawful and unlawful mirrors an objective as a main priority.
Therefore The investigation of organizations remembers a concentration for enhancing organizational design.
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Randolph waters operates a watch repair business in mesa, arizona. He orders most of the watch parts from out-of-state suppliers. he orders watch faces from a supplier in escondido, california. The supplier does not have a sales force but relies on catalogs shipped to watch dealers throughout the country as his means of marketing. Randolph installed several of the supplier's watch faces on his customers' watches. A strange chemical reaction between perspiration and the faces of the watches caused randolph's customers to develop rashes and nausea, with some requiring hospitalization. Randolph wishes to bring suit to recover damages ($100,000) from the escondido supplier. Which of the following statements is true of this scenario? a. randolph must bring suit in california to gain jurisdiction over the supplier. b. randolph has a diversity action that can be brought in federal court. c. randolph will not be able to bring suit in arizona because there are no contacts in the state. d. randolph must bring suit in arizona state court.
The option Randolph has a diversity action that can be brought in federal court is a true statement
Option C is correct .
Federal Court :
Federal courts are courts of special jurisdiction, meaning they can only hear cases sanctioned by the United States Constitution or federal statutes. The federal district court is the commencement for any case arising under federal statutes, the Constitution, or treaties
What is the jurisdiction of a state?
Jurisdiction refers to the strength of a state to work on persons, property, and circumstances within its territory. It may be utilized through legislative, executive, or judicial actions.
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Identify a modern-day element of the promotional mix that marketers use to communicate with their target markets.
a modern-day element of the promotional mix that marketers use to communicate with their target markets is Direct marketing.
What is meant by direct marketing?Any form of marketing that communicates or distributes with consumers directly, as opposed to indirectly through a third party like the media, is considered direct marketing. Campaigns can be sent using mail, email, social media, and texting, among other distribution methods. Because it typically cuts out the middlemen, such as advertising media, direct marketing is known as such.
Any form of marketing that communicates or distributes with consumers directly, as opposed to indirectly through a third party like the media, is considered direct marketing.
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A decrease in demand while holding supply constant results in ______ in both equilibrium price and quantity.
A decrease in demand while holding supply constant results in a decrease in both equilibrium price and quantity.
This is further explained below.
What is the equilibrium price?Generally, A state of economic equilibrium exists when the driving forces of the economy, such as supply and demand, are in a state of equilibrium with one another, and the values of the economic variables do not change as a result of any outside factors.
In conclusion, Both the price and the quantity of the equilibrium good will fall as a consequence of a reduction in demand while maintaining the status quo of supply.
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In the circular flow example, the amount of income that is flowing into the household sector is ___________ .
In the Circular Flow example, the amount of Income that is flowing into the Household sector is $5000
What is the Circular Flow model?
This refers to an economic model that shows how money moves through society. It captures how money flows from producers to workers as wages and flows back to producers as payment for products, that means that an economy is an endless circular flow of money.
In most typical economic model, the circular flow model starts with the household sector which engages in consumption spending (C) and the business sector which produces the goods.
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Paul savage purchased a restaurant named burger haven from larry jones. the purchase would cause the number of reporting entities to?
Paul Savage purchased a restaurant named Burger Haven from Larry Jones. The purchase would cause the number of reporting entities to: remain constant
What is the impact of the acquisition on number of entities?
The fact that the purchase of restaurant is outright purchase, I mean does not require that a new entity is involved which would be owned by Paul savage and Larry Jones, means that the number of entities after the deal is finalized remains the same because the Burger Haven remains what it was prior to acquisition, the only difference is that ownership has changed hands from Larry Jones to Paul Savage.
In other words, the number of reporting entities in this transaction would continue to remain the same as there was special situation that requires that the restaurant acquired to a newly formed entity which would increase the number of reporting entities in this instance.
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An increase in government subsidies for an industry, which reduces production cost, causes the market equilibrium price to _____ and the market equilibrium quantity to _____.
An increase in government subsidies for an industry, which reduces production cost, causes the market equilibrium price to decrease and the market equilibrium quantity to increase.
This is further explained below.
What are government subsidies?Generally, Certain industries or economic sectors may qualify for financial help from the government in the form of subsidies, which may take the form of payments, tax exemptions, or other types of economic assistance.
The purpose of subsidies is to lend assistance to or provide support for aspects of the economy or of the national infrastructure that is seen as being particularly important.
When there is a decrease in manufacturing costs, the supply curve for the industry moves to the right.
This creates a new point of balance in the system (the intersection of supply and demand curves). The new price on the market will be cheaper, and both production and consumption will increase to a greater extent.
In conclusion, The reduction in production costs brought about by a rise in government subsidies for a particular industry leads to a lower market equilibrium price and a greater market equilibrium quantity than would otherwise be the case.
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These are organizations that invest in equity capital that is not traded in public exchanges.
These type of organization is known as Private Equity Companies or an Organization or a Firm.
A Private-Equity Company is a speculation of the executive's organization that gives monetary moving and makes interests in the private equity of startup or working organizations through an assortment of approximately partnered venture systems including utilized buyout, funding, and development capital.
Normally, these kinds of firms will raise pools of capital or private-equity funds that supply the value commitments for these exchanges and furthermore get an occasional administration charge as well as an offer in the benefits procured from every private-value store made due.
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