In Balancing the Risks and Benefits That Are Part of Every

question 161

Multiple Choice

In balancing the risks and benefits that are part of every ethical decision,managers receive guidance from each of the following except

• A)justice
• B)self interest
• C)risk minimization
• D)proportionality

Describe the significance of transportation management in supply chains.

Recognize the importance of performance measurement in supply chain management.

Understand the complex nature of supply chains and the factors contributing to their complexity.

Identify the impact of consumer empowerment on supply chain management.

---

Definitions:

Equity Method

An accounting technique used to record investments in associate companies where the investor has significant influence, typically reflected by owning 20%-50% of voting stock.

Acquisition Method

A set of procedures used in accounting to consolidate the financial statements of a parent company and its subsidiaries.

Consolidated Revenues

The total earnings generated by a company and its subsidiaries, reported together as a single figure.

Partial Equity Method

The partial equity method is an accounting approach used when an investing company has significant influence, but not full control, over an investee, recognizing income to the extent dividends are received.