Costco strategy involves:
(a) is similar to Walmart's strategy
Costco runs on cost leadership strategy. This strategy maintains the lowest possible prices. Walmart also uses the cost leadership strategy.
"Lean" processes involves evaluating the value chain in order to:
(d) eliminate waste
Value can be defined as the amount of money which the customer wants to pay based on the satisfaction that the product will provide.Lean supply chain management is about removing unwanted or waste components from a process.Non valued components are those parts in the process that have a zero or negative return on investment.
JIT attempts to create efficiencies by:
(a) decreasing inventory to minimum levels
JIT eliminates the raw material, inventory & storage cost as the material purchased from supplier should directly go to the assembly line, i.e. to the production department. This principle envisages that there should be no intermediate stage like storekeeping, so there is no need of storing the material.
Financial accounting rules in many international countries are also called:
(c) IFRS
IFRS stands for International Financial Reporting Standards. IFRS is a set of accountig standards developed by an independent, not-for-profit organization called the International Accounting Standards Board (IASB). The goal of IFRS is to provide a global framework for how public companies prepare & disclose their financial statements.
Costco's strategy involves: Select one: a. is similar to WalMart's startegy b. creating asset utilization efficiencies...
INCIPLES || (MACRO y Courses dh This course Student Resources Respa One way that the government can increase aggregate demand is by iswered ut of question 1 Selec Select one: o a. reducing the economy's supply of labor o b. reducing government spending o c. creating stagflation O d. increasing taxes e. reducing income taxes
An agency arrangement: Select one: a. Is governed by the Agency Act 2010 b. Involves a principal, an agent and a third party c. Involves a project officer, an agent and a judge d. Must be registered with a court An agent? Select one: a. Can accept payment from another party b. Can do more than a principal could have done when contracting c. None of these answers is correct d. Can do anything that a principal can do when...
3. Introducing one intermedlary into a channel can contribute to greatly Select one: O A Reducing transactions that are necessary to complete an exchange. B. Facilitating functions ° C. Disintermediation O D. Creating assortments O E. Transportation and storage functions
Expansionary fiscal policy that increases the budget deficit may Select one: a. increase business investment by reducing interest rates b. increase business investment by increasing interest rates c. reduce business investment by increasing interest rates d. reduce business investment by reducing interest rates
Why would your company want to reduce its accounts payable policy? Select One A. Reducing their payables will increase their available cash B. Reducing their payables will slightly increase demand C. Reducing their payables will anger their suppliers D. None of the above
Managerial accounting is primarily focused onSelect one:A. following generally accepted accounting principles.B. providing internal special-purpose information and reports.C. providing information for internal and external users.D. providing general purpose financial statements.Which of the following phrases is most descriptive of financial accounting?Select one:A. Subject to cost-benefit analysisB. Future-orientedC. Follows GAAPD. May measure time or customer satisfactionWhich of the following phrases is primarily relevant to managerial accounting as opposed to financial accounting?Select one:A. Helping managers make decisionsB. Summarizing information about past eventsC. Calculating...
Which process necessarily involves recognition of specific RNA sequences? Select one: a. Intron removal by mRNA splicing. b. Association of the ribosome 30s subunit with mRNA for the initiation of translation. c. Termination of translation. d. All of these e. None of these
To increase the cash account, the bookkeeper will Select one: O a. debit cash O b. credit cash O c. debit accounts receivable O d. None of the above
Working capital management involves decisions related to Select one: a. labor contracts b. current assets and liabilities c. fixed asset acquisition d. long term debt
need help in this 5Q The molecule of n-butane contains localized bonds Select one: O True O False Which one is the correct order of stabilities? o O-O+ H2C=CH-C-H H3C EC-H ΙΩ H3C -C H FC-H А B Select one: O a. A CB b. BCA O c. A-B-C O d. c-A-B O e. None Which on of the following is more stable? + + HC H3C B Select one: a. A O b.B O c. Both A and B...