Describe the Various Methods That Companies Use to Solve Problems

question 117

Short Answer

Describe the various methods that companies use to solve problems along their supply chains.

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Definitions:

Return on Invested Capital (ROIC)

A profitability ratio that measures the return that an investment generates for those who have provided capital, either debt or equity.

Net Operating Profit After Taxes (NOPAT)

NOPAT is a measure of a company's operating efficiency, indicating the profit generated from operations after taxes but before financing costs and non-operating gains and losses.

Shareholders' Equity

The owners' equity in a corporation, calculated as the company's total assets minus its total liabilities.

Corporate Tax Liability

The total amount of taxes owed by a corporation based on its taxable income.