Vertical integration is not one of the six sourcing strategies. The "many suppliers" approach entails a supplier responding to the requirements and specifications of a "request for quotation," with the lowest bidder typically receiving the order.
When goods are commodities, this is a popular tactic. This tactic pits suppliers against one another and puts the onus of satisfying the buyer's requirements on the provider. The provider who offers the highest quality typically receives the order when using the "many suppliers" sourcing technique.
The provider who offers the highest quality typically receives the order when using the "many suppliers" sourcing technique. In order to integrate vertically, whether forward or backward, the business must specialise.
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a new trade agreement between the united states, canada, and mexico replaced nafta in 2018 known as usmca. among its provisions are
The USMCA, or United States, Mexico, and Canada Agreement, is a trade pact between the three nations. The North American Free Trade Agreement was superseded by the USMCA (NAFTA).
What accomplishes the USMCA?The USMCA encourages the use of electronic means for conducting government procurement, boosting openness and efficiency for small and medium-sized firms, and making it easier for American and Mexican SMEs to participate in such procurements.
Trade barriers between the three North American nations had been virtually erased by NAFTA, and the USMCA not only upholds free trade but also updates the laws to reflect developments in the global economy since NAFTA's implementation in 1994.
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A cereal company has a reputation for high quality products and
successful marketing. Sales representatives from this company are
often trusted to help stores determine what products to carry, and
the
A cereal company that has a reputation for high-quality products and successful marketing often has its sales representatives trusted to help stores decide what products to carry.
Such representatives, who are experienced and knowledgeable about the products they sell, often have an in-depth understanding of the marketplace and the consumer trends that affect the cereal market.
By working closely with store managers, these sales representatives can help retailers determine what products to carry and provide guidance on how to promote and sell these products effectively. This level of collaboration and cooperation between the cereal company and its retail partners is essential to the success of both parties.
It is also important for the cereal company to maintain its reputation for quality and innovation by continuing to develop new and improved products that appeal to changing consumer tastes and preferences. By doing so, the company can continue to build on its reputation for high-quality products and successful marketing, and remain a trusted partner for its retail customers.
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Curry Footwear reports net income of $500,000, earnings per share of $1. 50, and has a stock price of $45. 00 at the end of the year. What is Curry Footwear's price-earnings ratio
Curry Footwear reports net income of $500,000, earnings per share of $1. 50, and has a stock price of $45. 00 at the end of the year. So, Curry Footwear's price-earnings ratio is 30.
To calculate Curry Footwear's price-earnings ratio: Follow these steps:
1. Identify the net income, which is $500,000.
2. Identify the earnings per share (EPS), which is $1.50.
3. Identify the stock price at the end of the year, which is $45.00.
The price-earnings ratio is calculated by dividing the stock price by the earnings per share:
Price-Earnings Ratio = Stock Price / Earnings Per Share
In this case, the calculation would be:
Price-Earnings Ratio = $45.00 / $1.50
Now, just divide the numbers:
Price-Earnings Ratio = 30
So, Curry Footwear's price-earnings ratio is 30.
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In the new media world of social media, new territory has opened up for ethical challenges. What is an ethical focus question a company should ask itself before posting a piece on social media?.
The ethical-focus question that a company should ask itself before posting includes:
is this post transparent?is this post honest? is this post ethical?Ethical principles in this context refers to making sure that the post has moral and is acceptable to the public.
Hence, the ethical-focus question should includes is this post transparent? is this post honest? is this post ethical? etc
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How does the velocity of money affect a national economy?.
Answer:
when the velocity of money is high, it means each dollar is moving fast to purchase goods and services. It reflects high demand,which generates more production. When the velocity is low, each dollar is not being used very often to buy things.
This card works like a short-term loan?
A. debit
B. credit
Answer:
B.
Explanation:
its a loan that you are paying back
Hi-V produces three types of canned juice drinks, A, B, and C, using fresh strawberries, grapes, and apples. The daily supply is limited to 200 tons of strawberries, 90 tons of grapes, and 150 tons of apples. The cost per ton of strawberries, grapes, and apples is $210,$110, and $100, respectively. Each ton makes 1500lb of strawberry juice, 1200lb of grape juice, and 1000lb of apple juice. Drink A is a 1:1 mix of strawberry and apple juice. Drink B is 1:1:2 mix of strawberry, grape, and apple juice. Drink C is a 2:3 mix of grape and apple juice. All drinks are canned in 16 -oz ( 1lb) cans. The price per can is $1.15,$1.25, and $1.20 for drinks A, B, and C. Develop an LP model to determine the optimal production mix of the three drinks. (only the formulation is required)
The LP model aims to determine the optimal production mix of drinks A, B, and C using limited supplies of strawberries, grapes, and apples. The objective is to maximize profit while considering the cost of ingredients and the can price per drink.
Let:
x1 = number of cans of Drink A produced
x2 = number of cans of Drink B produced
x3 = number of cans of Drink C produced
The objective is to maximize the profit, which is given by the equation:
Maximize: 1.15x1 + 1.25x2 + 1.20x3
Subject to the following constraints:
Strawberry constraint: 1500lb * x1 + 1500lb * x2 <= 200 tons (converted to lb)
Grape constraint: 1200lb * x2 + 1200lb * x3 <= 90 tons (converted to lb)
Apple constraint: 1000lb * x1 + 1000lb * x2 + 1000lb * x3 <= 150 tons (converted to lb)
Non-negativity constraints:
x1 >= 0, x2 >= 0, x3 >= 0
The LP model aims to maximize the profit by determining the optimal values of x1, x2, and x3 while considering the constraints imposed by the availability of strawberries, grapes, and apples.
The objective function represents the total profit obtained from the production and sale of the drinks, and the constraints ensure that the ingredient usage does not exceed the available supply.
Non-negativity constraints ensure that the production quantities cannot be negative.
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you recently won a contest sponsored by a local radio station. the radio station will pay you $2,500 at the end of each of the next 15 years. assuming an interest rate of 3%, what is the present value of this prize?
To calculate the present value of the prize, we need to discount the future cash flows at the given interest rate of 3%. The present value of the prize is $29,546.
This means that we need to find the equivalent amount of money that we could invest today at 3% interest to generate the same amount of cash flows over the next 15 years.
Using the formula for present value, we can calculate the present value of the prize as follows:
Present value = $2,500 /
\((1 + 0.03)^1\)
+ $2,500 /
\((1 + 0.03)^2\)
+ ... + $2,500 /
\((1 + 0.03)^15\)
Simplifying this expression, we get: Present value = $2,500 x
\( [1/(1 + 0.03)^1\)
+
\(1/(1 + 0.03)^2\)
+ ... +
\(1/(1 + 0.03)^15]\)
Using a financial calculator or spreadsheet, we can calculate the present value to be approximately $29,546.
In other words, if we had $29,546 today and invested it at an interest rate of 3%, we would receive $2,500 at the end of each of the next 15 years, which is equivalent to the prize money offered by the radio station.
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A long term goal taking _____ years to achieve can be broken down into shorter term goals, each taking _______ years to achieve
A. 16;32
B. 16;8
C. 8;32
D. 8;16
Answer:
B. 16;8
Explanation:
A short-term goal is something you want to do in the near future. The near future can mean today, this week, this month, or even this year. A short-term goal is something you want to accomplish soon.A long-term goal is something you want to do further in the future. Long-term goals require time and planning. They are not something you can do this week or even this year. Long-term goals usually take 12 months or more to achieve.What's the BEST way to make sure that marketing copy uses conversational language? Question 19 options: Use quotations around every statement. Run it through a spell-checker. Read it out loud. Use sophisticated, pompous-sounding language.
The best way that would be used to show that the marketing copy makes use of conversational language would be to Use quotations around every statement.
What is a conversational language?This is the term that is used to refer to the language or the words that are made use of in everyday communication. It is the type of communication that has to do with the language that people would use with their peers as well as when they go through certain activities like when they are shopping.
The use of the conversational language would be done here by running it around a spell checker.
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What is the relationship between​ price, average​ revenue, and marginal revenue for a firm in a perfectly competitive​ market?
In a perfectly competitive market, a firm's price is determined by the market and is beyond their control. Therefore, the firm can only sell at the market price. The average revenue for a firm in a perfectly competitive market is equal to the market price.
Marginal revenue, on the other hand, is equal to the market price as well, since the firm can only sell more goods at the market price. In summary, in a perfectly competitive market, the relationship between price, average revenue, and marginal revenue is that they are all equal to the market price. Price: In a perfectly competitive market, the price is the same for all firms and is determined by the market forces of supply and demand. Average revenue (AR): Average revenue is the revenue generated per unit of output sold, which is calculated as total revenue divided by the quantity of output sold. In a perfectly competitive market, since the price is fixed, the average revenue is also equal to the price.
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Honesty is an example of a value.
True
False
Answer:
True
Explanation:
Honesty is a value
:)
Answer: true, personally not sure if this is for edge or not
Explanation:
yeah
What term outlines the elements used by businesses to satisfy the needs and wants of customers?
Marketing mix is the term that outlines the elements used by businesses to satisfy the needs and wants of customers.
What is marketing mix?Product, pricing, place, and promotion are the four key components that make up the marketing mix, which is what firms employ to affect consumer demand for a certain good or service. These components are often known as the "Four Ps." A distinctive value proposition, which describes a company's product and sets it apart from its rivals, is developed using the marketing mix.
The marketing mix's mission is to meet consumers' requirements and wants while fulfilling the company's goals. Businesses may vary their marketing mix over time in response to market developments or consumer feedback. The particular Four Ps combination relies on the target market and overall marketing strategy.
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What are net benefits?
Considering the impact of inflation, why is investing important?
Answer: An economic concept, the rate of inflation is important as it represents the rate at which the real value of an investment is eroded and the loss in spending or purchasing power over time. Inflation also tells investors exactly how much of a return (in percentage terms) their investments need to make for them to maintain their standard of living.
Explanation:
if the fed expects currency holdings to rise, it conducts open market ________ to offset the expected ________ in reserves.
If the Federal Reserve expects currency holdings to rise, it conducts open market operations to offset the expected increase in reserves.
Open market operations involve the buying and selling of government securities, such as treasury bonds, to manipulate the supply of money and credit in the economy. When the Fed conducts open market operations to offset an expected increase in currency holdings, it typically sells securities to reduce the amount of reserves in the banking system and prevent an increase in the money supply.
Open market operations are one of the most powerful tools used by the Federal Reserve to influence monetary policy. By buying and selling government securities, the Fed can inject or withdraw reserves from the banking system, affecting the amount of money in circulation and, consequently, interest rates and inflation. If the Fed expects currency holdings to rise, it may want to prevent an increase in the money supply that could lead to inflation. In this case, it will conduct open market operations to reduce the amount of reserves in the banking system. By selling securities, the Fed can reduce the money supply, increase interest rates, and encourage banks to hold onto their reserves rather than lend them out. This can help stabilize the economy and prevent inflation from getting out of control.
In conclusion, the Fed conducts open market operations to offset expected changes in currency holdings. By selling securities, the Fed can reduce the amount of reserves in the banking system, which can help stabilize the economy and prevent inflation. Open market operations are an important tool in the Fed's toolkit for influencing monetary policy, and they are used frequently to manage the money supply and promote economic stability.
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1. Which of the following is the term for the overall impression gathered from information
that is seen, heard and experienced by customers who encounter a business, its products
and services?
A. Brand promise
B. Positive feeling
C. Company culture
D. Company brand
The answer is D company brand
Company brand is the term for the overall impression gathered from information that is seen, heard and experienced by customers who encounter a business, its products and services. Hence, option D is correct.
What is a Company brand?The brand of a firm serves as its identity and is one of the most valuable aspects of the enterprise. Consumers recognize brands, and rivals are wary of them. The marketing of a company's products must include strong company branding.
Despite the fact that brands are typically immaterial, we frequently connect them to things like products and names. Apple, Nike, Coca-Cola, Advil, and Tylenol are a few examples.
A firm is made up of workers who cooperate to accomplish a common objective. A brand, which is the personality of the company, is represented through specific aspects of the goods that a company makes. For instance, an apple may serve as the company's logo, mascot, and social media icon for an apple packaging company.
Thus, option D is correct.
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what is the relationship among job,employment and education?
Answer:
i know it
Explanation:
Job/employment are the same for all intents and purposes.
The relationship between employment and education is a most obvious one.
First of all, “education” is not limited to just a college education. It includes (but is not limited to): trades, industry management track training, apprenticeships, as well as college.
When a prospective worker has knowledge, skills, abilities, and education (KSAEs), he/she increases his potential for better paying jobs. The more he/she increases those KSAEs the higher his/her job prospects go.
This is pretty much job/employment 101.
plz mark my answer to brainliest answer
Answer: n every single 1 we r learning sum and we r doing sum new
Explanation:
What is adjusting entries? Is it the same with general ledger?
Answer:
Adjusting entries are made in your accounting journals at the end of an accounting period after a trial balance is prepared. After adjusted entries are made in your accounting journals, they are posted to the general ledger in the same way as any other accounting journal entry.
credit is when the lender doesn’t require you to put down a security deposit or collateral. (True/False)
Collateral refers to an asset that a lender will accept in exchange for a loan. Lender has the right to seize the security if borrower defaults on payments.
Who is the 'lender'?
An individual, group (public or private), or financial institution that offers credit to a person or company with the intention of repayment is known as a lender. Any fees or interest must also be included in the repayment. One type of creditor in the group is a lender. Banks, credit unions, and peer-to-peer (P2P) lending are typical examples.
A bank is an example of a direct lender; after you apply for a mortgage, the bank gives you the cash right away so you can purchase a house.
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Use a template you find online to assist you in writing and developing a business plan. If you use the Internet as a resource, be sure and include the URL link. Remember to include each of these elements:
Executive Summary
Market Analysis
Business Description and Vision
Organization and Management
Marketing and Sales Strategy
Description of Products and Services
Financial Management
We must note that the example provides a general structure for a business plan template, so, we can customize it to fit the specific needs and requirements of a business.
An example of a business plan template:Executive Summary:
The executive summary provides a high-level overview of your business plan, including key highlights, objectives, and financial projections.Market Analysis:
This section analyzes your target market including its size, growth potential, competition and customer demographics.Business Description and Vision:
This section describe business mission, vision and values including information about your unique selling proposition and competitive advantage.Organization and Management:
This section focuses on your company's organizational structure, management team and key personnel.Marketing and Sales Strategy:Its shows marketing and sales strategies to reach your target market and include details about pricing, distribution channels, promotional activities etc.Read more about business plan
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Your friends' credit scores are 560, 675, 710, 590, and 640. Your credit score is 680. What is the difference between the average credit score of your friends and your credit score?
Answer:
mine is higher by 45 points
Explanation:
Average score is the total score divided by number of entries
Average credit score = 560 + 675 + 710 + 590 +640 / 5
=3175/5
=635
friends average credit score = 635
My credit score =680.
the difference = 680-635=45 credit points
my credit score is better by 45 points
digital products are one of the best products to offer in a b2c environment.
T/F
This statement is True. Digital products are indeed considered as one of the best products to offer in a business-to-consumer (B2C) environment.
A consumer refers to an individual or organization that purchases goods or services for their personal use or consumption. Consumers play a crucial role in the economy as they drive demand and influence market trends. Understanding consumer behavior and preferences is vital for businesses to effectively market and sell their products or services.
Consumers can be categorized based on various factors such as demographics, psychographics, and buying patterns. Demographics include characteristics like age, gender, income, and location, while psychographics delve into their interests, values, and lifestyle choices. These insights help businesses tailor their offerings and marketing strategies to specific consumer segments, enhancing the chances of success.
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(122) whitney chemicals company received cash of $40,000 and issued common stock. which of the following accounts will be credited?
The account that will be credited is Common Stock, if 2whitney chemicals company received cash of $40,000 and issued common stock.
When a company issues common stock, it receives cash from the shareholders in exchange for ownership in the company. The cash received is recorded as a debit to the Cash account and the ownership shares issued are recorded as a credit to the Common Stock account. Therefore, in this scenario, the Cash account will be debited for $40,000, and the Common Stock account will be credited for $40,000.
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--The complete question is, Whitney chemicals company received cash of $40,000 and issued common stock. which accounts will be credited?--
Outline TWO benefits of using the FIFO system for Mcdonald’s
There are several benefits for McDonald's by using FIFO methods. Here we will discuss some of them: better food hygiene, which gives more customers satisfaction; easier to reduce products near their end-date—resulting in more sales and less waste;
What is FIFO?
FIFO is a measuring tool for inventory valuation or management. In this, we have sold the goods which come first. This is called a FIFO, which is known as First In First Out.
Thus, McDonald's using the FIFO method gets such benefits as better food hygiene, which gives more customer satisfaction; easier to reduce products near their end-date – therefore more sales and less waste.
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What are the advantages of picking fruits safely from the tree
Answer:
You wont get seriously injured
Explanation:
Be safe and use a ladder or somekind of fruit picker when trying to harvest fruits.
Technology allows firms to listen to customers' wants, track their purchases, provide them with better service, and give them more access to information.
Answer:
This is true
Explanation:
With the recent development in modern communication technologies, communication with customers is is now very easy and yet very sophisticated. The advent of modern day communication in business like the internet and online shopping had now made it possible for a customer to communicate their wants easily to the seller and also make purchase, track their purchase and easily access more information about their seller and their purchase all from the comfort of their homes.
What are the three ways the argument section of a cover letter can be formatted
The three parts of an income statement heading are _____.
who
when
where
what
motivation of 50. also last year trying to get rid of them. Have a good day :D
Answer:
Who,When,What
Explanation:
During the first quarter of the Super Bowl, Chris keeps track of actual game time vs. time devoted to commercials. Game time amounted to 35 minutes; commercials comprised 14 minutes. What fraction of the total time was the actual game shown? *
Answer:
=5/7
Explanation:
The total time for the first quarter will be
Game time 35mins and commercial 14 mins
=35 mins + 14 mins
=49 mins
Game time as a fraction of first quarter
=35/49
=5/7