Identify the ten major categories of supply chain risk
What will be an ideal response?
1. supplier failure to deliver; 2. supplier quality failures; 3 . outsoucing; 4. logistics delays or damage; 5. distribution; 6. information loss or distortion; 7. political; 8. economic; 9. natural catastrophes; 10. theft, vandalism, and terrorism
Business
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Debits to Work in Process Inventory are accompanied by a credit to all but which one of the following accounts?
a. Raw Materials Inventory b. Factory Labor c. Manufacturing Overhead d. Cost of Goods Sold
Business
When a lender loans a borrower 100% of the purchase price of a house, and the loan is not government-related, the lender would be best protected by:
A. a downturn in the economy B. low monthly payments C. appreciation D. a low interest rate
Business