Globalization Has Increased the Opportunities and Decreased the Risks for Supply

question 49

True/False

Globalization has increased the opportunities and decreased the risks for supply chains.

Describe electromagnetic induction and its applications.

Know the properties of conductive and insulative materials.

Understand critical electrical laws and definitions, such as Ohm’s law.

Understand the basic components and their functions in a vacuum power brake system.

---

Definitions:

Inventory Turnover

A ratio showing how often a company has sold and replaced its inventory during a certain period, indicating the efficiency of inventory management.

Return On Equity

A measure of financial performance calculated by dividing net income by shareholders' equity.

Total Debt Ratio

A financial ratio that measures the extent of a company’s leverage, calculated by dividing its total liabilities by its total assets.

Profit Margin

A financial metric indicating the percentage of revenue that exceeds the costs of goods sold, representing the profitability.