The phenomenon that a dollar in cost savings increases pretax profits by a dollar, while a dollar increase in sales increases pretax profits only by the dollar multiplied by the pretax profit margin is known as the:
All of the following are "opportunities" for supply-chain management except
The use of supply chain partners to provide products or services is called:
Which of these is a direct cost associated with outsourcing?
Competitive bidding, active sourcing, and using industry standards are all actions that are appropriateif the sourcing strategy is to:1) form partnerships with suppliers.2) maximize commercial advantage.3) ensure supply continuity.4) simplify the acquisition process.
When compared with single sourcing, multiple sourcing has the advantage of:
Firms do not compete only against global competitors, but against:
_______________ profiles the major forces and trends that are impacting an industry, including pricing, competition, regulatory forces, substitution, technology changes, and supply/demand trends.Question 10 options:
What is the practice of moving a business process to a foreign country but retaining control of it?
The reason behind most outsourcing failures is