According to the Change Competency: KFC in China,importing Foodstuffs Was

question 141

Multiple Choice

According to the Change Competency: KFC in China,importing foodstuffs was very costly so they needed to

• A) develop a network of suppliers in China
• B) make country managers responsible for products within their country
• C) produce their own foodstuffs in China
• D) all of these were goals of the redesign

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Definitions:

Accounts Receivable Balance

The sum total of debts customers have towards a company for delivered goods or services which have not been paid for yet.

Wholesale Cost

The price charged for a product by the wholesaler, which is typically lower than the retail price.

Accounts Payable Balance

The total amount of money a company owes to its suppliers or creditors at a given point in time.

Cost Of Goods Sold

The direct costs attributable to the production of the goods sold by a company, including the material and labor costs.