Challenges That a Company Can Face with Regard to Global

question 53

Multiple Choice

Challenges that a company can face with regard to global supply chains include ______.

• A)political upheavals
• B)decline in the importance of offshoring
• C)decline in the importance of outsourcing
• D)impact of organizations such as the European Union

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Definitions:

Fully Depreciated

A state where a fixed asset has reached the end of its useful life and its book value is reduced to scrap value.

Profit Margin

A measure of a company's profitability, calculated by dividing net income by total revenues. It shows how much profit each dollar of sales generates.

Net Income

The total profit or earnings of a company after all expenses, taxes, and costs have been subtracted from total revenue.