Marcus Is Trying to Persuade His Managers to Give an Extra

question 37

Multiple Choice

Marcus is trying to persuade his managers to give an extra day off for Thanksgiving break by reminding them that they want employees to be happy, and that holiday breaks make employees happy. This type of persuasion is

• A) inductive reasoning.
• B) deductive reasoning.
• C) cognitive dissonance.
• D) causal reasoning.

Explain the strategic importance of supply chain macro processes.

Analyze supply chain strategies of different companies and their impact on supply chain performance.

Describe the flow of information, products, and finances in a supply chain.

Identify operational and strategic decisions within a supply chain context.

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Definitions:

Managing Cash Flow

The process of monitoring, analyzing, and optimizing the net amount of cash receipts minus cash expenses.

Company's Money

The financial resources or capital belonging to a corporation, used for operational, investment, and strategic purposes.

Investments

The allocation of resources, such as time, money, or effort, in the expectation of achieving a future return or benefit.

Underestimating

The act of assessing something as smaller, less important, or less severe than it actually is.