The Objective of the Majority of Organizations Is to Provide

question 76

Multiple Choice

The objective of the majority of organizations is to provide value to their customers.The activities that support such an objective can be conceptualized as forming a value chain.Within this value chain,logistics plays an important role.Logistics is both inbound and outbound in nature.An example of inbound logistics would consist of

• A)the activities that transform inputs into final products or services.
• B)the activities that help customers to buy the organization's products or services.
• C)the activities that provide post-sale support to customers.
• D)the activities that consist of receiving,storing,and distributing the materials used as inputs by the organization to create goods and/or services it sells.

Comprehend the implications of financial ratios in evaluating a company’s solvency, liquidity, and operational efficiency.

Grasp the concept of trend percentages and common size percentages to analyze financial statements.

Identify and explain the four building blocks of financial statement analysis.

Apply financial ratios to assess market prospects including price earnings ratio and dividend yield.

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Definitions:

Ostracism

The act of excluding or ignoring someone from a group or society, often used as a form of social punishment.

Competence

The ability and skill to effectively perform a task, job, or role to a high standard.

Autonomy

The state of being self-directed and independent in one's actions and decisions.

Immediate Rewards

Instant gratification or benefits received promptly after a specific action or behavior.