In a brief essay, explain the concept of the supply chain
What will be an ideal response?
The supply chain encompasses all the activities necessary to turn raw materials into a good or service and put it in the hands of the consumer or business customer. Firms may decide to outsource or insource some of these activities. Distribution channels are a subset of the supply chain, and logistics management is the process of actually moving goods through the supply chain.
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George is considering an investment in Parson Inc. and has gathered the following information. What is the expected return for a share of the firm's stock?
State of the Economy Probability of the State Conditional Expected Return Parson Inc. Recession .25 -20% Steady .60 10% Boom .15 35% A) 5.00% B) 6.25% C) 8.33% D) 10.00%
The Act that allows banks to transmit electronic images of checks, thus allowing funds to be transferred immediately is known as
A) Check 2004. B) the Electronic Check Act of 2004. C) the Fraud Detecting Act. D) Check 21.