Supply Chain
The abbreviation SCM refers to this field of business management.
What is Supply Chain Management
This system collects processes stores and provides information to help managers make decisions
What is a Management Information System
This leadership style focuses on giving clear instructions and expecting compliance
What is autocratic leadership
This financial statement shows a company’s assets, liabilities, and shareholders’ equity at a point in time
What is a balance sheet
Scarlet Red and Black
What are the 2 main colors of RBS
This term describes the time between placing an order and receiving it
What is lead time
This type of MIS supports routine, day-to-day decision-making and operational tasks
What is a Transaction Processing System (TPS)
This is the ability to influence, motivate, and enable others to contribute to organizational success
What is leadership
This principle in accounting means revenue and expenses are recorded when they are earned or incurred, not necessarily when cash changes hands
What is accrual basis of accounting
This skyscraper in Newark houses the main Rutgers Business School
What is One Washington Park
This inventory strategy aims to reduce inventory levels and deliver materials exactly when needed
What is Just-In-Time (JIT)
This system helps managers make semi-structured decisions using analytical tools and models
What is a Decision Support System (DSS)
This management function involves setting goals and deciding how to achieve them
What is planning
This ratio measures a company’s ability to pay short-term obligations using its most liquid assets
What is the current ratio
This is the nickname given to the RBS Building in Livingston by the students
What is 100 Rock
Small fluctuations in consumer demand can cause increasingly larger fluctuations upstream in this phenomenon
What is the bullwhip effect
These internet-based systems allow businesses to store, access, and manage data without local servers
What is cloud computing
This is a leadership style where decisions are made collectively and input is encouraged from team members
What is democratic leadership
This is the cost of borrowing money or the return earned on an investment, usually expressed as a percentage
What is interest rate
Rutgers Business School celebrated this milestone anniversary in 2016
What is the 250th anniversary
This process manages the return of products from customers back to the company for reuse, recycling, or disposal
What is reverse logistics
These are extremely large datasets that can be analyzed computationally to reveal patterns and trends
What is big data
This theory suggests that leaders adapt their style based on the maturity and competence of their team
What is situational leadership
This financial concept represents the time value of money and is used to determine the present or future value of cash flows
What is discounting
Lei Lei currently holds this position at RBS
Who is the Dean of RBS