A global electronics manufacturer is facing declining sales due to inefficiencies in its suppliers’ delivery times and rising costs from its distribution partners. Management believes that improving the entire supply chain is critical to staying competitive in the market. What is the most accurate explanation for this focus on the supply chain?

What is the primary function of a strategy in an organization?

Which of the following best describes both a benefit and a drawback of using PERT/CPM in project management?

A factory currently produces 2,000 units per week with 10 workers, each working 40 hours per week. After adopting a new production process, the factory increases its output to 1,800 units per week with 6 workers, each working 50 hours per week. What is the percentage change in labor productivity in terms of units produced per labor hour?

What is the primary function of an organization’s mission statement?

ABC Construction is preparing to build a new commercial office complex and is currently in the Planning Phase of project management. Which of the following tasks belongs to this phase?

Which of the following companies best illustrates a strategy of competing on cost leadership?

Which of the following is the primary responsibility of the finance/accounting function in an organization?

A project network consists of the following activities with their respective durations (in weeks): Activity Preceding Time (weeks) A — 8 B — 3 C A 7 D A, B 3 E B 4 F C, D, E 9 G F 6 H F 5 I F 4   44. Determine the total project duration. weeks. 45. Identify the critical path in the network. 46. Based on the project schedule, choose the correct statement about when activities can start or be completed as early as possible. 47. Choose the correct statement about when activities must start or be completed as late as possible without delaying the completion of the entire project: 48. Choose the correct statement about slack time in the project:    

A factory currently produces 2,000 units per week with 10 workers, each working 40 hours per week. After adopting a new production process, the factory increases its output to 2,200 units per week with 8 workers, each working 50 hours per week. What is the percentage change in labor productivity in terms of units produced per labor hour?