What is the function of the Federal Reserve (Fed)?

The use of effective contracts with penalties could reduce which form of supply chain risk?

Evgen [1.6K]

The use of effective contracts with penalties could reduce the following forms of supply chain risks:

Distribution
Logistic delays or damages
Supplier failure to deliver

<h3>What are supply chain risks?</h3>

Supply chain risk management is "the implementation of strategies to manage routine and non-routine risks in the supply chain to reduce vulnerability and ensure continuity based on ongoing risk assessment".

<h3>What are effective contracts?</h3>

Most contracts only need to contain two elements to be legally effective: the parties must agree (after one party has made an offer and the other has accepted it).

Something of value, such as money, services or goods (or a promise to exchange such goods) must be exchanged for something else of value.

Learn more about Effective Contracts:
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Full Question

The use of effective contracts with penalties could reduce which form of supply chain risk?

A. Distribution

B. Logistic delays or damages

C. Supplier failure to deliver

D. All of the above Question:

7 0

1 year ago

Economic efficiency is

Marina CMI [18]

Answer:

The correct answer is option A.

Explanation:

A market outcome will be considered economically efficient if the marginal benefit earned from the last unit is equal to the marginal cost incurred in the production of the last unit while the economic surplus or the sum of consumer surplus and producer surplus is at maximum.

If the marginal cost and benefit are not equal then the outcome is said to inefficient. It means that either the resources are not being allocated efficiently or the production is not efficient.

6 0

3 years ago

Jean and Tom Perritz own and manage Happy Home Helpers, Inc. (HHH), a house-cleaning service. Each cleaning (cleaning one house

aev [14]

Answer:

$532,500

Explanation:

The question is to compute the Statement of Cost of Services Sold for Happy Home Helpers Inc.

To compute this statement, the approach is to sum all direct costs associated with the service provided by the firm.

Particulars Amount Amount

Opening Inventory Of Materials $4,000

Add: The Purchase of Direct Materials $<u>25,600</u>

Direct Material available $29,600

Subtract: Closing Inventory of materials <u> ($2600)</u>

The Direct Material Used for the year $27,000

Add:

Direct Labour Cost $472,500

Variable Overhead Cost $15,000

Fixed Overhead cost $18,000

$505,500

The Cost of Services of HHH Inc $532,500

7 0

3 years ago

Russell Co. reports sales revenue of $30,600 and interest revenue of $5,600. Its comparative balance sheet shows that accounts r

Goryan [66]

Answer:

Cash provided by operating activities $39,650

Explanation:

The computation of the cash provided by operating activities under the direct method is as follows:

Sales Revenue $30,600

Decrease in Account Receivable $4,600

Interest Revenue $5,600

Increase in Interest Receivable - $1,150

Cash provided by operating activities $39,650

We simply applied the above sequence so that the correct value could come

And, the same is to be considered

6 0

2 years ago

calculate the average of each of the following. speed per hour during a three-hour trip: 65 MPH, 55 MPH, 45 MPH

castortr0y [4]

Answer:

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5 0

3 years ago