In Tailored Sourcing,firms Use a Combination of Two Supply Sources

question 60

Multiple Choice

In tailored sourcing,firms use a combination of two supply sources,

• A)one focusing on cost but unable to handle uncertainty well,and the other focusing on flexibility to handle uncertainty,but at a higher cost.
• B)one focusing on cost and able to handle uncertainty well,and the other focusing on flexibility to handle uncertainty,but at a higher cost.
• C)one focusing on cost but unable to handle uncertainty well,and the other focusing on flexibility to handle uncertainty at a lower cost.
• D)one focusing on cost and able to handle uncertainty well,and the other focusing on flexibility to handle uncertainty at a lower cost.

Identify the processes involved in ERP and their origination and termination departments.

Understand the difference and relationship between gross margin percentage and contribution margin.

Comprehend the importance and computation of the times interest earned ratio and its relevance to net income and interest expense.

Analyze the implications of inventory management on a company's inventory turnover ratio.

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Definitions:

Disparate-Impact

Disparate impact occurs when policies, practices, rules, or other systems that appear to be neutral result in a disproportionate impact on a protected group.

Employment Discrimination

The unfair treatment of employees or job applicants based on race, gender, age, religion, national origin, disability, or other protected characteristics.

Adversely Affected

Negatively impacted by a change or action, often used in legal and environmental contexts.

Prima Facie Case

A case in which the plaintiff has produced sufficient evidence of his or her claim that the case will be decided for the plaintiff unless the defendant produces evidence to rebut it.