Briefly describe the five core management processes that comprise Level 1 of the SCOR model
What will be an ideal response?
Answer: The five core management processes are plan, source, make, deliver, and return. Planning describes processes that balance aggregate resources with requirements, i.e., the ability to match supply with demand. Sourcing processes procure goods and services to meet planned or actual demand. The make process transforms product to a finished state to meet planned or actual demand. Delivery processes provide finished goods and services to meet planned or actual demand and include order management, logistics, and distribution activities. Return processes allow the receipt of products that are returned for any reason, whether they are being returned from customer to primary firm or from the firm to one of its suppliers.
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Which of the following statements is true if a bond is issued for an amount higher than face value?
A) The bond's stated interest rate is less than the prevailing market interest rate at time of sale. B) The bond's stated interest rate is the same as the prevailing market interest rate at time of sale. C) The bond's stated interest rate is more than the prevailing market interest rate at time of sale. D) The bond is not secured by specific assets of the issuer.
For moviemakers and television producers, the primary motivation behind product placements and branded entertainment is:
A) it increases interest in the show or movie B) it makes the show or movie more realistic C) feelings toward the brands used will transfer to the show or movie D) money