Shares Outstanding refers to the number of shares of common stock issued by a company to investors and company executives.
Solution:
Common stock Retained earnings Beginning balance $11,000 $7,900
Issue of common stock $7,700
Add: Net income $8,200
Less: Dividends ($2,900)
Ending balance $18,700 $13,200
Total stockholders equity
$18,900
$7,700
$8,200
($2,900)
$31,900.
Common stock and retained earnings appear both on the equity section of the balance sheet and on a separate statement of equity. Share capital is the amount invested in the company by all ordinary shareholders. The main one is the value of the common stock itself, but it also includes retained earnings and additional paid-in capital. Take the total shares held by a shareholder and subtract the number of common share positions. The difference is retained earnings.
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classification of assets and liabilities indicate the appropriate classification of each of the following as a current asset, noncurrent asset, current liability, or long-term liability. accounts classification 1. inventory 2. accounts payable 3. cash 4. patents 5. notes payable, due in six months 6. taxes payable 7. prepaid rent (for the next nine months) 8. bonds payable, due in ten years 9. machinery
A liability account is a category on a company's books that indicates the amount it owes. A debit to the liability account means the company has less debt and a credit to the liability.
1. inventory - Current liability
2. accounts payable - current liability
3. cash - current liability
4. patents - current assets
5. notes payable, due in six months - non current liability
6. taxes payable - current liability
7. prepaid rent (for the next nine months)- non current liability
8. bonds payable, due in ten years - non current asset
9. machinery - non current asset.
Liabilities recorded on the right side of the balance sheet include loans, accounts payable, mortgages, deferred income, borrowings, guarantees, and accrued expenses. Liabilities can be compared to assets. Debt refers to what you owe or what you owe. Assets are things you own or owe to you.
The Liability Account is used to store all legally binding liabilities to third parties. Liability accounts appear in the company's general ledger and are grouped under the Liabilities section of the balance sheet. Expenses and liabilities may seem like interchangeable terms, but they are not. Expenses are what your business pays each month to raise operating capital. Liabilities, on the other hand, are obligations and liabilities to other parties.
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a written document that acts as a guidebook of marketing activities for the marketing manager is known as the . group of answer choices strategy document marketing plan vision statement mission statement
A written document that acts as a guidebook of marketing activities for the marketing manager is known as marketing plan.
What Is Marketing?Marketing refers to activities a company undertakes to promote the buying or selling of a product or service. Marketing includes advertising, selling, and delivering products to consumers or other businesses. Some marketing is done by affiliates on behalf of a company.Professionals who work in a corporation's marketing and promotion departments seek to get the attention of key potential audiences through advertising. Promotions are targeted to certain audiences and may involve celebrity endorsements, catchy phrases or slogans, memorable packaging or graphic designs and overall media exposure.To learn more about marketing, refer: https://brainly.com/question/14083500?referrer=searchResults
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Jamaica has 35 airports, 18,700 kilometers of paved and unpaved road and a total of 272 kilometers of railroad track. this is a partial description of the nation's:_____.
If Jamaica has 35 airports, 18,700 kilometers of paved and unpaved road and a total of 272 kilometers of railroad track. this is a partial description of the nation's: infrastructure.
What is infrastructure?Infrastructure can be defined as the defined as facilities or basic amnesties that essential for a country or nation to have and example of this infrastructure are good roads, airport, highways etc.
Based on the scenario the 35 airports, 18,700 kilometers of paved and unpaved road and a total of 272 kilometers of railroad track are all description of infrastructure .
Therefore If Jamaica has 35 airports, 18,700 kilometers of paved and unpaved road and a total of 272 kilometers of railroad track. this is a partial description of the nation's: infrastructure.
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Help! Logistics is________.
Answer:
the detailed coordination of a complex operation involving many people, facilities, or supplies.
"the logistics and costs of a vaccination campaign
what is a business function that moves information about people, products, and processes across the company to facilitate decision making and problem solving?
MIS is a business function, such as accounting or sales, that moves information about people, products, and processes within an organization to facilitate decision-making and problem-solving.
Management information systems are information systems used to make decisions and coordinate, control, analyze, and visualize information in an organization. Management information systems studies include people, processes, and technology in an organizational context.
Management Information Systems (MIS) is the study of people, technologies, organizations, and the relationships between them. MI experts help organizations maximize their investments in people, equipment, and business processes. MIS is a people-oriented industry with a focus on technical support services. A Management Information System (MIS) is a computer system of hardware and software that serves as the backbone of an organization's activities. MIS collects data from multiple online systems, analyzes information, and reports data to support business decisions.
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If a store runs out of advertised material during a sale, customers become upset, and the store loses not only the sale but also goodwill. From past experience, a music store finds that the mean number of cds sold in a sale is 845, the standard deviation is 15, and a histogram of the demand is approximately normal. The manager is willing to accept a 2. 5% chance that a cd will be sold out. About how many cds should the manager order for an upcoming sale?.
The number cds should the manager order for an upcoming sale is 2.93.
Demand is the number of goods that consumers are willing to purchase at various prices over a period of time. The relationship between price and quantity demanded is also called the demand curve.
Demand is the number of consumers willing and able to buy a product at various prices over a period of time. Demand for goods refers to consumers' desire to purchase goods and their willingness and ability to pay for them.
(a)μ=845, =√225=15
P(X<x)=0.025
P((X-μ)/σ<(x-845)/15)=0.025 > P(Z<(x-845)/15)=0.025
(x-845)/15=-1.96 (check normal table)
x=845-1.96×15=815.6/816
(b)P(Z< (29-μ)/σ)=0.02
(29-μ)/σ= -2.05(check normal table)
29-μ= -2.05σ. (1)
P(Z<(41-μ)/σ)= 0.98
(41-μ)/σ= 2.05(check normal table) 41-μ=2.05σ (2)
(2)-(1): 12= 4.1σ
σ=12/4.1= 2.93
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jake earned $15,000 and paid $1,500 of income tax, while jill earned $50,000 and paid $4,000 of income tax. the structure of the tax their income is subject to is
jake earned $15,000 and paid $1,500 of income tax, while jill earned $50,000 and paid $4,000 of income tax. the structure of the tax their income is subject to is proportional
Which of the following describes a progressive tax?A progressive tax is a tax system in which rates rise as taxable income rises. Capital income taxes, tax on interest generated, rental profits, estate tax, and tax credits are all examples of progressive taxes.
A progressive tax is distinguished by a greater-than-proportional increase in tax liability compared to an increase in income, whereas a regressive tax is distinguished by a less-than-proportional increase in the relative burden.
Examples of Regressive Taxes include, among other things, sales taxes, property taxes, excise taxes, tariffs, and government fees.
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Yum inc., a food services company, provides door-to-door delivery of its products. the company partners with a packaging company for transporting its goods to the customers. this is an example of?
Yum inc., a food services company, provides door-to-door delivery of its products. the company partners with a packaging company for transporting its goods to the customers. this is an example of Outsourcing.
This is further explained below.
What is Outsourcing?Generally, Outsourcing is often used by businesses so that they may concentrate their efforts on their primary business activities. In addition to that, it helps cut down on expenditures associated with labor, among other things.
In conclusion, Yum Inc., which is in the business of providing culinary services, delivers its wares directly to customers' homes.
The corporation has a strategic alliance with a packaging company to ensure that its products are delivered to their respective clients in pristine condition. This is an illustration of the practice of outsourcing.
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A company has unearned revenues on its books. If the company fails to record a year-end adjusting entry for unearned revenues, then its financial statements.
If the company fails to record a year-end adjusting entry for unearned revenues, then its financial statements should understate revenue and overstate liabilities.
Due to failure of record a year end adjusting entry for unearned revenue, the liabilities in the book is higher than its actual balance and revenue value is lower than its actually earned value.
Unearned revenue is defined as the revenue which is received in advance but goods and services is not delivered yet.
If the entry is not recorded , then revenue should be understated because it is not revenue but income received in advance, therefore it is liability for the company to deliver goods or services . After delivering of goods and services, the revenue the liability will de decreased and revenue will be recorded.
If the goods or service is not delivered within 12 months then it is recorded as the long term liabilities in the balance sheet .
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All of these are environmental forces that affect an organization except which? economic managerial social regulatory technological
The geographical factor is not part of an environmental forces that affect an organization.
What is an environmental forces?These are forces that shapes a companies. It to those factors from outside the organization that influences entrepreneurs to adjust their business organization accordingly not to affect achieving the firm's goal. These factors are limited to societal, technological, environmental (natural atmosphere), economic and political forces.
Therefore, the geographical factor is not part of an environmental forces that affect an organization.
Missing options "geographical economic managerial social regulatory technological"
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All of the following are types of entities formed by companies except:__________
a) corporation merchandising
b) company partnership
c) sole proprietorship
For each of the following changes in the market for apples, explain why demand will increase, decrease, or remain unchanged.
The price of peanut butter (a complement) increases.
Consumer incomes increase (and apples are a normal good).
It is confirmed scientifically that an apple a day DOES keep the doctor away.
The price of apples decreases.
A disease affecting apple trees causes people to expect that there will be no apples next year.
The following changes would lead to an increase in demand:
Consumer incomes increaseIt is confirmed scientifically that an apple a day DOES keep the doctor away.A disease affecting apple trees causes people to expect that there will be no apples next year.The following changes would lead to an decrease in demand:
An increase in the price of peanut butter.
The following change will not affect the demand for apple:
The price of apples decreases.
What is a change in demand?There is a change in demand when other factors other than the price of a good affects the demand for a good. If it is expected that the quantity supplied of apples would decline next year due to a disease, people would want to stock up on apples today. This would lead to an increase in demand for apples.
A normal good is a good that has a positive relationship with the income of the consumer. If the consumer's income increases, the demand for apples increases.
A complement good is a good that is consumed together with another good. If the price of peanut butter increases, the quantity demanded of peanut butter increases while the demand for apples decreases.
If it is proven that consuming apples have health benefits, people would increase their consumption of apples. This would lead to an increase in the demand for apples.
A change in the price of apples, would lead to a change in the quantity demanded for apples.
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According to project globe, which category of leadership behavior refers to the extent to which leaders are nonautocratic and involve others in making decisions?
According to the Project GLOBE, the category of leadership behavior which refers to the extent to which leaders are nonautocratic and involve others in making decisions is referred to as participative.
The Project GLOBE study helps the leaders in order to understand the role of culture in leadership. By understanding one's culture, as well as that of others, it brings awareness of different perceptions of leadership.
In this study, the participative style is a leadership style which tends to seeks and include others in the leadership process. Therefore, this participative style lacks autocratic rule.
Hence, the project GLOBE also known as the Global Leadership and Organizational Behavior Effectiveness Project.
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A friend says, "eh, i’ll just open an account at my parents’ bank, and i’ll switch later if i don’t like it. " does this sound like a good strategy to you? why or why not?.
Yes, the said banking perspective is a good strategy because continuing or using for some time your joint account with parents or family will help one to understand banking at a familiar pace and later when one opens an individual account, it helps.
Similar to a regular banking account, a joint account performs the same responsibilities, but it is owned by two or more persons. To combine your funds together, you can utilize a joint account. This helps with both saving—you may save for common objectives like a new house or vacation—and spending. In banking, a joint account is one that has been created by two or more people or organizations. However, it may also be utilized in other situations, including by a club committee. Joint accounts are typically formed by close family or business partners.
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What is the term for a problem-solving model in which a task that cannot be performed by one person is outsourced to a large group or community?.
The word "crowdsourcing" refers to a method of problem-solving when a work that cannot be completed by one person is outsourced to a sizable group or community.
What is outsourcing?Businesses utilise outsourcing to reduce labour expenses, including staff pay, overhead, equipment costs, and technology expenditures.Enterprises can utilise outsourcing to scale back operations, concentrate on their core competencies, and offload less important tasks to other companies.On the negative side, when several parties have access to sensitive information, communication between the organisation and outside suppliers may be challenging, and security risks may increase.Some businesses use outsourcing as a means of rearranging their financial sheet.When it comes to paying taxes, outsourcing personnel, such as using 1099 contract workers, can help the business.To know more about outsourcing , refer to the following link:
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Suppose the dealer incentive per vehicle for honda’s acura brand is thought to be bell-shaped and symmetrical with a mean of $3,200 and a standard deviation of $200. Based on this information, what interval of dealer incentives would we expect approximately 95% of vehicles to fall within?.
According to this data, the dealer incentives for almost 95% of automobiles are between $2800 and $3600.
This is further explained below.
What is the empirical rule?The 68-95-99.7 rule, also known as the empirical rule, is a statisticians' shorthand for remembering the percentage of values that lie within a range from full in a normally distributed: 68%, 95%, and 99.7% of the data fall in just one, two, and three standard deviations and variance, respectively.
The empirical rule is often the major method used to make decisions when not all data is available.
Data analysts and statisticians can predict where the data will fall when all the data are available.
The empirical rule helps determine the degree of normalcy in data collection.
Empirical law states that 95% of data with a normal distribution are within two standard deviations.
Where
Mean = $3,200
Standard deviation = $200
Therefore
CI at 95% = mean pm 2 x standard deviation
CI at 95%= 3200 pm (2 x 200)
CI at 95%= (2800, 3600)
As a result, the range of dealer incentives for about 95 percent of automobiles is between and $2800 and $3600.
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the graham-leach-bliley act is a critical piece of legislation that affects the executive management of publicly traded corporations and public accounting firms.
The Graham-Leach-Bliley Act is the primary law affecting the operations of publicly traded companies and accounting firms. False.
The Gramm-Leach-Bliley Act, also known as the Financial Services Modernization Act of 1999, is an act of the 106th US Congress.
The Gramm-Leach-Bliley Act requires financial institutions (companies that provide financial products or services to consumers, such as credit, financial or investment advice, or insurance) to explain their information-sharing practices to their customers and to are obliged to protect
The Gramm-Leach-Bliley Act is intended to protect the financial privacy of consumers. That provision limits when a “financial institution” can disclose a consumer’s “non-public personal information” to unrelated third parties. The Gramm-Leach-Bliley Act, also known as the Financial Services Modernization Act, passed Congress in late 1999 to strengthen the financial services industry by removing barriers separating commercial banks from investment banking, merchant banking, and insurance. relaxed regulations.
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The department of justice charged almost 50 people with a scheme to defraud the government for $250 million meant to go to __________________________________.
The justice department has charged nearly 50 people with a scheme to defraud the government of $250 million intended to feed children in need in Minnesota during the COVID-19 pandemic.
In general, the definition of corruption is an act of abuse of position or authority carried out by an official for personal gain. Another opinion says that the definition of corruption is a dishonest or fraudulent behavior for personal gain by those in power, and usually involves bribery. Corruption can also be defined as an act of abusing one's trust in a matter or organization in order to gain profit.
The factors that cause corruption are as follows:
Greedy natureConsumptive lifestyleEconomic factorsPolitical factorsOrganizational factorsLegal factorYou can learn more about corruption here brainly.com/question/15270178
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what type of interview would be most likely for the following scenario? interviewing a candidate for mayor selection information-gathering problem-solving persuasive
Interviewing a candidate for mayor would most likely involve a selection interview.
A selection interview is what?To ascertain whether you are qualified for a particular job position, a selection interview is a free-form and open-ended procedure. Despite the fact that it is typically less regimented than an oral exam, they are frequently more comparable than dissimilar.
What value does a selection interview hold?If conducted well, the interview gives the employer the chance to ascertain whether an applicant's qualifications, background, and personality match those of the position. Additionally, it aids the company in determining whether a candidate will likely fit into the corporate culture.
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What are mangerial styles(democrative,control centralized,decentralized) in each following spiral,scrum,agile,rational unified process,extreme programming models? and team strcuture with reason
A person's tactics for leading a team, meeting, project, group of people, or organization are referred to as their management style.
Others may pick up on your management style from the way you plan, arrange your work, make choices, and exercise authority. Depending on the circumstances, you might employ a range of management techniques in the workplace.
A manager who is authoritative leads from the top down. Managerial decision-making in this style is largely individualistic. Everyone must abide management style by the clear and specific policies they establish, and they often don't ask for employee comments.
Advantages: This approach works well in instances where speedy decision-making is required, such as when efficiency is crucial.
Cons: An authoritative management style rarely fosters the emergence of novel or creative ideas, and when used improperly, it can also increase employee turnover.
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An example of a country in which perceived organizational support is not as important because of high power-distance would be ________.
Example of a country in which perceived organizational support is not as important because of high power-distance would be China.
China's income is currently higher than that of the middle class. Future efforts to eliminate poverty must prioritize addressing the vulnerabilities faced by the sizable population still categorized as poor by middle-income nation criteria, especially those living in urban areas.
Only a few of the reported human rights crimes include coercive population control methods, forced labor, arbitrary detention in internment camps, torture, physical and sexual assault, mass surveillance, family breakup, and repression of cultural and religious expression.
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what's the process problem with a person creating a requisition also generating their own pos?
The purchase order process is triggered when a company needs to make a purchase. The buyer submits a purchase requisition for a specific product or service, and once the purchase request is approved, the order is sent to the selected seller for fulfillment.
The department manager creates a purchase requisition specifying the required materials and quantities. They may even suggest to the supplier where to buy the material. Once sent to the purchasing department, the request will be reviewed and approved, modified, or rejected. A purchase requisition is a document created by someone in your organization to request the purchase of goods or services. When you create a purchase requisition, you have not yet purchased anything. All you need to do is initiate the purchasing process by requesting internal approval. An application is usually a formal request for a product or service initiated by a business. Although most of these days are electronic, the application process typically requires the use of a standardized document called an application form to maintain an audit trail. Purchase requisitions usually require approval from the line manager and finance department. Additional approvals may be required if the purchase amount exceeds certain thresholds.
A request is a formal order with a request for property or material or a request for performance of a request or obligation. An example of a request is an order to purchase 100 military guns. A formal written order, request, or application for equipment or tools.
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A person is seeking a job in the lumber industry. which texas region would likely offer them the best opportunity for finding a job? question 10 options: north central plains great plains mountains and basin coastal plains
Mountains and Basin is the Texas region would likely offer them the best opportunity for finding a job. As a person is seeking a job in the lumber industry. Hence, option C is correct.
What is lumber industry?
The wood business, also referred to as the lumber industry, is the area of the economy that deals with logging and forestry as well as the production of primary forest commodities like furniture and secondary products like wood pulp for the pulp and paper industry.
Weyerhaeuser and Georgia-Pacific are the top two producers of lumber, respectively. There are 113 sawmills with a combined output capacity of 18.9 billion board feet among the top 10 US producers of lumber.
Currently, the world market for wood and wood products is dominated by North America. This is mainly attributable to the continent's vast forests, which in the US and Canada are primarily made up of relatively simple-to-extract conifers.
Thus, option C is correct.
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During the early industrial age, which group had the most economic power? employers craft guilds trade unions factory workers
Union Organization and Union Growth
The first unions were local protest movements of the 'working poor, a group of skilled workers who flourished in the liberal political environment of early industrial Britain, especially in the mid-19th century. Replaced by formally organized craftsmen's unions. America. Craft associations had considerable market power and represented their members primarily through commercial activities.
Apart from maintaining sizable mutual aid funds, many of them were cartels that unilaterally set prices for their members' services. I didn't. They were politically liberal but socially exclusive. Those memberships weren't just for the experienced.
To control the labor supply, the union bill would also limit apprenticeships and prevent employers from hiring non-union members for manual labor (into "closed factories" for certain "work areas"). pre-entrance of labor”), defending labor organizations that ensure demand for labor. that member. Skills (job control unionism).
Where craftsmen's unions were firmly established, they survived a second wave of unions at the end of the 20th century, when unskilled factory workers began to organize.
The 'general' union, which faced this and organized the large factories of the dawn of mass production, had to count on the power of many unions. Therefore, they tried to recruit as many members as possible, regardless of skill, but where craft guilds were strong, most remained unskilled guilds.
While the craft unions favored a "voluntary" way of working that kept the state at bay, the new general union emphasized political action, promoting social legislation and state intervention in the economy.
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Answer:
A. employers
Explanation:
trust me
omar and nadia are a newly married couple. they work in multinational companies. omar receives a job offer from an overseas company. as a result, they are required to relocate abroad. nadia has to decide if she wants to stay back and continue with her current job or move abroad with her husband where she will have limited job opportunities. in this scenario, after arriving at a decision, nadia can reduce her dissonance by:
Nadia can lessen her dissonance after making a selection, according to the stated statement, by upgrading her choice.
The correct option is A.
What exactly do you mean by "decision-making"?The process of choosing choices after identifying a decision, acquiring information, and evaluating possible answers is known as decision-making. By collecting important information and identifying options, a step-by-step decision-making process can aid you in making more careful, meaningful decisions.
What is the significance of decision-making?Strong decision-making helps speed up problem resolution as well as elevates decision-makers to the status of leaders.. Strong decisions should have been unbiased and free of any emotional effects that can cause us to ignore flaws. Such decision-making should be transparent and reasonable as well.
What is meant by decision-making ability?Definition of decision-making abilities: The ability to choose between two or more choices in order to achieve the best result in the least amount of time.
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I understand that the question you are looking is:
Omar and Nadia are a newly married couple. They work in multinational companies. Omar receives a job offer from an overseas company. As a result, they are required to relocate abroad. Nadia has to decide if she wants to stay back and continue with her current job or move abroad with her husband where she will have limited job opportunities. In this scenario, after arriving at a decision, Nadia can reduce her dissonance by:
A. upgrading her choice.
B. pondering the negative aspects of what she chooses
C. evaluating the positive aspects of what she does not choose.
D. downgrading her husband's choice.
What do you want your message to convey to your audience? Check all that apply.
1. Superiority
2. Ability to limit words with use of technology
3. Clarity
4. Purpose
5. Bluntness
Clarity and purpose you want your message to convey to your audience. Thus, options C and D are correct.
What is the audience?An audience can be defined as the person who is a spectator or a viewer, these persons are usually the ones who are also critics as well as it for an entertained person
While showing something to the audience or want into conveyed, the main thing is that the clarity should be given to them that water is being told.
Also, that means that what will be the purpose or the topic which is to be converted to the audience to talk. Therefore, option C (Clarity) and D (Purpose) is the correct option.
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In accordance with the policy of _____________________________, countries attempted to create a favorable balance of trade & increase hard currency in their treasury.
In accordance with the policy of mercantilism, countries attempted to create a favorable balance of trade & increase hard currency in their treasury.
What was mercantilism?Mercantilism was an economic theory that was followed by the European nations during and after the Age of Exploration.
It called for nations having a favorable balance of trade as well as more hard currencies in their treasuries. This came out of the belief that the amount of resources on Earth were finite and so nations had to accumulate as much resources as they could before these resources ran out.
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treasury regulations come in three forms: regulations have been issued in their final form and represent the treasury's interpretations of the code; regulations have a limited life but carry high authoritative weight; and regulations, which have the lowest authority.
There are three types of Treasury regulations: proposed regulations, which have the least power, temporary rules, which are released in their final form and represent the Treasury's interpretations of the Code, and final regulations, which have been published in their final form.
What is Treasury regulations?The IRS, a division of the US Department of the Treasury, publishes tax rules under the name "Treasury Regulations."One source of U.S. federal income tax law is found in these rules, which serve as the Treasury Department's official interpretations of the Internal Revenue Code.The Internal Revenue Services' (IRS) rules, often known as treasury regulations or tax regulations, serve to interpret the Internal Revenue Code (IRC).The Code is the cornerstone of all tax law and the most reliable source. Given how challenging it is to understand and use, the code is not particularly well known. The Internal Revenue Code is to be interpreted by Treasury Regulations.To know more about laws and regulations, refer to the following link:
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The ________ view of social responsibility is that managers today are employees with a primary responsibility to shareholders and their single focus should be on generating financial returns.
The classical view of social responsibility is that managers today are employees with a primary responsibility to shareholders and their single focus should be on generating financial returns.
More about social responsibility:
Leaders and managers are professionals, and according to Milton Friedman's "Classical View of Social Responsibility," whose social responsibility is to limit profit. He said that operating the company in the owners' best interests should be their top focus.
According to social responsibility philosophy, people and companies should strive for the development of society as well as financial success. The classic and socioeconomic versions to the social responsibility thesis are at odds with one another.
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this article offers a great example of servicization – a business strategy of selling integrated bundles of physical products and services. beyond the specifics of how bundling jet engines with service contracts proved such a big boon for rolls-royce, what sorts of supply chain capabilities does servicization require in general? please identify one or two supply chain capabilities and link them to servicization (by describing how they might help realize it).
First and foremost, as with many strategic supply chain initiatives, it's important to form a collaborative team to execute the project. Ideally, marketing, supply chain, and finance personnel should design the model and lead the implementation.
A key success factor in segmenting the customer base and thereby creating a service-oriented model is up-to-date customer knowledge based on accurate data. This knowledge allows analysis of required service delivery costs and evaluation of trade-offs.
A “sericitized” supply chain that supports such offers is different from a product-centric supply chain. For one, we need to be more responsive and agile.
Second, you must be able to offer different service outcomes to your differentiated customer base. To successfully deliver superior quality and service to customers, a service-centric supply chain must be organized around well-defined, customer-centric, and focused results.
This enables synchronization between the product service packages that customers care most about and the best supply chain design to deliver them.
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