Which of the Following Was an Effect of U

question 43

Multiple Choice

Which of the following was an effect of U.S. president Richard Nixon's decision to take the dollar off the gold standard?

• A) The Japanese yen gained strength in currency markets with a corresponding decline in the value of the Swiss franc.
• B) Nation-states such as Italy and Britain tied their currencies to the U.S. dollar.
• C) Second World nations found it harder to get loans from First World banks.
• D) International financial institutions escaped the control of national political authorities.

Apply criteria-weighting for vendor selection and calculate composite scores.

Analyze the financial impacts of supply chain savings versus sales increases.

Understand key financial metrics for asset utilization.

Describe Vendor Managed Inventory (VMI) and its relation to outsourcing.

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Definitions:

Service Quality

Refers to the measurement of how well a delivered service matches the customer's expectations.

External Forces

Events, conditions, or factors outside an organization that can affect its performance and operational success.

Touch Labour

Labor directly involved in the manufacturing or assembly of products, as opposed to indirect labor roles such as supervision or management.

Knowledge Workers

Individuals whose primary job involves the creation, manipulation, and management of information.