Q.1 What are the four foundation elements of supply chain management? Describe some activities within each element. Q.2 Describe centralized and decentralized purchasing and their advantages. Q.3 What are the key factors that contribute to a lasting buyer-supplier partnership?

Fill in the table by the main characteristics of the competitive markets. Criteria: Pure and perfect competition Imperfect competition Monopolistic competition Oligopoly Monopoly Number of sellers Number of buyers Type of the commodity Price control Barriers of entry to the market Access to the market information Examples of real production markets

Which of the following is an element of the (supply chain )? a sourcing b manufacturing C distribution . d all of the above

Which of the following is NOT a common reason for a merger a. to increase market power. b. to acquire knowledge from the target firm. c. to achieve economies of scale. d. to grow the top managers' "empire". e. All of the above are common reasons for a merger.

Picture a scenario in which the fashion industry is suffering from monopolistic price gouging and a dwindling demand (due to the existence of sweatshops and environmentally unfriendly business practices). A hypothetical situation such as this is likely to cause high unemployment in the fashion industry. What could the government do to correct this market failure? Including diagrams where/if appropriate)

Which of the following scenarios represents a customer acquisition cost of $100? Multiple Choice A company spends $100.000 on advertising and marketing in one month. They gain 100 new customers that month. A company spends $1.000 on advertising and marketing in one month. They gain 100 new customers in that month. A company spends $100.000 on advertising and marketing in one month. They gain 1,000 new customers in that month. A company spends $100 on advertising and marketing in one month. They gain 10 new customers in that month.