Assignment # 1 SCMT 200 NAME: DHALWANI1.DOC Q1-1. Explain the following terms and provide a “real world example” of each term. a). Second-tier supplier: The first tier’s supplier’s supplier is the focal firm’s second tier supplier. Second tier suppliers are companies that sell and deliver goods and services to a first tier supplier. An automobile company could have a second tier supplier that would supply materials or parts to another company which would then supply materials or parts
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HOW TO MAKE BABY STOP CRYING Babies during the early stage cry a lot and it becomes very difficult for parents to understand the reason and find a cure for the same. They generally find such situations very confusing and do not realise what is to be done to handle such a situation. Babies may cry due to the following reasons- HUNGER- this is the main reason why a baby may cry. When a baby is hungry‚ he or she may feel frustrated and start crying. So it should be checked that the baby is fed at regular
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How Many Brands Put Green Before Profits? Can an eco-friendly product also be in vogue? This has been the question that designers are still intensively focusing on. And most-known labels are already woking on the issue via the green business management. (pic1) But how many of them do spend how much eco-effort on the issue? Do they put green totally before profits? If it is unfortunately kind of an utopic idea at least for now; at which rate do they contribute? Let’s examine the brands one by one
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The Value Chain From Competitive Advantage‚ by Michael Porter Every firm is a collection of activities that are performed to design‚ produce‚ market‚ deliver‚ and support its product. All these activities can be represented using a value chain. A firm’s value chain and the way it performs individual activities are a reflection of its history‚ its strategy‚ its approach to implementing its strategy‚ and the underlying economics of the activities themselves. The relevant level for constructing a value
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Is it possible for large‚ profit focussed organisations to be both profitable and “fair”? Over the past year there have been an increasing number of issues which have risen on how businesses such as Amazon‚ Thames Water‚ Google‚ Facebook and Starbucks have made vast amount of profits but haven’t been fair-minded. For example Starbucks made £400m sales in the UK but paid no corporation tax. According to Milton Freidman the main objective of a business is to increase profits so long as it stays within
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Education Saving Scheme 7. INV – Investment Account 8. FC – Foreign currency Account 9. BCD – Bearer Certificate Deposit 10. EXIM Bank Hajj Account Project . As it is an Islami Banking Branch the following rules are applied here : a) Current deposit will be received on Al – wadiah principle & the same will not get any profit. b) Savings deposit will be accepted on Mudaraba principle & such deposit will bear 0.62 weightage. Islami Banking Terms For the convenient
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by private individuals. Usually‚ we have organizations within the economy where one is profit oriented and its main business objective is to make profit from the revenue it tends to make by the end of a certain period‚ therefore‚ nothing from the extra money made will be used to develop the business‚ instead‚ the profit will go to the owner of the business‚ adding to that the owner can be giving some of the profit to its employees as a way of motivation according to Maslow’s hierarchy of needs which
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the reduction of crime among their respective constituencies and has led others to speculate on the factors that influence the amount of crime and how those factors can be controlled. Crime has been around since man and there is no doubt that it will continue to be around‚ until there is an existence of a perfect world. But for now‚ we must study how crime and poverty are linked to one another‚ and why it is possible for studies to be done on such a topic. There are many factors of crime; these are
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Distinguish between positive and negative corporate politics and explain how these can influence employment engagement. The essay will seek to distinguish between positive and negative corporate politics. The writer will start by defining corporate politics in trying to have an understanding of corporate politics and how it influence employee engagement Kakabadse (1983) cited by Armstrong defines politics as ‘a process‚ that of influencing individuals and groups of people to your point of view
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SAMPLE ANSWER FOR QUESTION 5 Profit-making is one of the most traditional‚ basic and major objectives of a firm. Profit-motive is the driving-force behind all business activities of a company. It is the primary measure of success or failure of a firm in the market. Profit earning capacity indicates the position‚ performance and status of a firm in the market. In spite of several changes and development of several alternative objectives‚ profit maximization has remained as one of the single most important
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