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Business English Exercises
 

Financial Supply Chain Management

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Home > Teaching Business English > Business English Lessons, Advanced Level # 301
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financial supply chain management question 1
According to Ray Moore of HSBC, the efficient management of information across the financial supply chain (FSC) is a critical ......... in getting goods to market early and at the lowest cost.


financial supply chain management, answer 1 financial supply chain management, business management degree, bottleneck vs circumstance vs enabler

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financial supply chain management question 2
As international supply chains become longer and more complex, the risks and costs ......... with fulfilment continue to increase.


financial supply chain management, answer 2 college of business and management, committed vs endemic vs inherent vs specific

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financial supply chain management question 3
The focus of many supply chain management initiatives to date has been the physical processes and logistics costs that are easier to track, but this focus is increasingly shifting towards FSCs and the less ......... costs hidden in payments, risk management and working capital management processes that are equally important.


financial supply chain management, answer 3 knowledge management und business intelligence, variable vs venerable vs viable vs visible

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financial supply chain management question 4
Banks are under increasing pressure to demonstrate how core competences can be better applied to improving the efficiency of the FSC: this can be defined as the 'purchase-to-pay' process from the buyer ..........


financial supply chain management, answer 4 business management books, inspection vs perspective vs respectively vs suspected

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financial supply chain management question 5
In order to meet the challenge, banks are re-......... traditional trade services and developing new solutions to meet a constantly evolving trade environment and rising customer expectations about what banks can do for them.


financial supply chain management, answer 5 master business management, incorporating vs installing vs instigating vs invigorating

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financial supply chain management question 6
Most large buyer organisations either source from low cost countries or have established managed services or production facilities that take advantage of lower labour and operating costs, and the pressure to source from these countries and source direct to eliminate expensive trading intermediaries continues to ..........


financial supply chain management, answer 6 financial supply chain management, business management software, amount vs emerge vs merge vs mount

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financial supply chain management question 7
The initial ......... about vastly reduced unit costs has, however, been tempered in recent years, as corporates take a more sophisticated approach to the calculation of total fulfilment cost, which includes all logistics, working capital and finance related costs involved within its supply chain.


financial supply chain management, answer 7 european business management, anesthesia vs euphoria vs hysteria vs inertia

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financial supply chain management question 8
The ......... approach — often the characteristic of an aggressive buyer — is being replaced with the realisation that there are greater business benefits associated with working more collaboratively with suppliers to help them improve efficiencies and reduce their costs.


financial supply chain management, answer 8 business top mba, adversarial vs effectual vs entrepreneurial vs influential

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financial supply chain management question 9
The focus for many organisations has been streamlining and automating the physical supply chain in order to reduce costs; for ......... practice organisations, the reduction of 1-2% of total costs of fulfilment is critical to keeping a competitive edge.


financial supply chain management, answer 9 management in business, all vs best vs in vs past

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financial supply chain management question 10
However, as physical supply chains are optimised, savings become harder to realise; this is when the focus shifts to FSC opportunities; the quantum ......... to streamlining the FSC, where organisations could save 2-3% plus potential savings by taking paper out of the system, is now being taken by many corporates.


financial supply chain management, answer 10 sport business management, approach vs field vs leap vs mechanics

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Business English Practice Exercises Business English Tests — several topics are covered: office matters, job applications, computer English, money expressions, business law, operations management, retail marketing, e-commerce, accounting terms, contracts and agreements, commercial correspondence, etc.
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