The most significant sourcing decision for a firm is whether to locate a plant close to customers
Question:
The most significant sourcing decision for a firm is
whether to locate a plant close to customers or locate a plant close to sources of raw materials or suppliers.
whether to use highly automated processes or manual labor.
whether to use traditional inventory methods or adopt a just-in-time approach to stocking.
whether to perform a task in-house or outsource it to a third party.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (1 review)
Answer The most significant sourcing decision for a f...View the full answer
Answered By
Muhammad Salman Alvi
Well, I am a student of Electrical Engineeing from Information Technology University of Punjab. Just getting into my final year. I have always been good at doing Mathematics, Physics, hardware and technical subjects. Teaching profession requires a alot of responsibilities and challenges.
My teaching experience started as an home tutor a year ago. When I started teaching mathematics and physic subjects to an O Level student. He was about 14 years old. His name was Ibrahim and I used to teach him for about 2 hours daily. Teaching him required a lot of patience but I had to be polite with him. I used to give him a 5 min break after 1 hour session. He was quite weak in basic maths and calculation. He used to do quite a lot of mistakes in his homework which I gave him weekly. So I decided to teach him basics from scratch. He used to say that he got the concept even if he didn't. So I had to ask him again and again. I worked on his basics for a month and after that I started taking a weekly test sesions. After few months he started to improve gradually. Now after teaching him for about a year I can proudly say that he has improved alot. The most important thing was he managed to communicate all the difficullties he was facing. He was quite capable and patient. I had a sincere desire to help him reach to its full potential. So I managed to do that. We had a very good honest relationship of a student and a teacher. I loved teaching him as a tutor. Now having an experience of one year teaching I can read students quite well. I look forward to work as an online tutor who could help students in solving their all sort of difficulties, problems and queries.
4.90+
29+ Reviews
43+ Question Solved
Related Book For
Supply Chain Management Strategy Planning And Operation
ISBN: 9781292257891
7th Global Edition
Authors: Sunil Chopra
Question Posted:
Students also viewed these Business questions
-
Read the case study and answer the question below with a one page response. What does a SWOT analysis reveal about the overall attractiveness of Under Armours situation? Founded in 1996 by former...
-
Introduction In 2010, New United Motor Manufacturing, Inc., a unique and highly successful joint venture between Americas General Motors and Japans Toyota, went out of business. NUMMI, as the...
-
Googles ease of use and superior search results have propelled the search engine to its num- ber one status, ousting the early dominance of competitors such as WebCrawler and Infos- eek. Even later...
-
Which do you feel is more important for a new business: the income statement or the statement of ash flow? Why?
-
What are the problems with the objective evidence and cost conventions, and how can they be overcome?
-
On May 1, 2022, Ella leases her condo to Fitz for a 12-month lease period starting May 1 for $1,000 per month. Ella requires that Fitz pay first months rent, last months rent and a $1,000 security...
-
How can the strength of association be measured in a multiple regression model?
-
On January 1, Lyon Corporation purchased a 25% equity investment in Shane Corporation for $150,000. At December 31, Shane declared and paid a $80,000 cash dividend and reported net income of...
-
Given the following Venn diagram, find n[(CUB)]. 11 10 10 15 15 6 12 5 11 B U
-
The ________ strategy results in a peak during the discount week, often followed by a steep drop in demand during the following weeks. everyday low pricing high-low pricing fixed price menu pricing
-
________ measures the average time between when an order is placed and the product arrives. Supplier reliability Supply lead time Fraction of on-time deliveries Supply quality
-
Solve each equation. log 10 x = -2
-
Using your textbook and lecture notes as guides, discuss if it is possible to be a great leader of employees in a highly mechanistic organization. What special talents or abilities might be required?
-
Ralley Corporation sells a single product at a price of $ 2 7 5 per unit. Variable cost per unit is $ 1 3 5 and fixed costs total $ 3 5 6 , 8 6 0 . If sales are expected to be $ 8 2 5 , 0 0 0 , what...
-
Describe how you go about starting a small business and what resources are needed.
-
.Why is value chain analysis important from a strategic planning perspective?
-
What are the financial functions carried out by financial markets in an effective financial system? Explain
-
Lynwood Company produces surge protectors. To help control costs, Lynwood employs a standard costing system and uses a flexible budget to predict overhead costs at various levels of activity. For the...
-
Hardin Services Co. experienced the following events in 2016: 1. Provided services on account. 2. Collected cash for accounts receivable. 3. Attempted to collect an account and, when unsuccessful,...
-
Apply the wheel of retailing theory to your local community. What changes seem likely? Will established retailers see the need for change, or will entirely new firms have to develop?
-
What advantages does a retail chain have over a retailer who operates with a single store? Does a small retailer have any advantages in competing against a chain? Explain your answer.
-
Many producers are now seeking new opportunities in international markets. Are the opportunities for international expansion equally good for retailers? Explain your answer.
-
During Year 1, Chung Corporation earned $5,600 of cash revenue and accrued $4,200 of salaries expense. Required: Based on this information alone: (Hint: Record the events in accounts under an...
-
Entry for Factory Labor Costs A summary of the time tickets is as follows: Job No. Amount 55 $3,300 57 6,105 58 21,005 60 15,500 Indirect 9,300 66 9,430 67 10,075 < 70 4,380 Journalize the entry to...
-
Janzen Corporation acquired all of the outstanding common stock of Steinbeck Corporation for $11,180,000 in cash. The book values and fair values of Steinbeck's assets and liabilities were the...
Study smarter with the SolutionInn App