Explain the term "value delivery network."
What will be an ideal response?
In its quest to create consumer value, a firm needs to look beyond its own value chain and into the value chains of its suppliers, distributors, and, ultimately, its customers. A value delivery network is the network made up of a company, its suppliers, its distributors, and customers who partner with each other to improve the performance of the entire system. More companies are partnering with other members of the supply chain to improve the performance of the customer value delivery network. In fact, in today's marketplace, competition no longer takes place between individual competitors. It takes place between entire value delivery networks created by these competitors.
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The directors of a district bank are classified into three categories: A, B, and C. The three B directors are
A) professional bankers. B) prominent leaders from industry, labor, agriculture, or the consumer sector. C) elected by the board of governors to represent the public interest. D) all of the above.
A corporation has 120,000 shares of common stock. The corporation had total earnings of $700,000, of which $250,000 was distributed to its stockholders. What is the earnings per share?
A) $0.36 B) $0.48 C) $2.08 D) $2.80