The statement,"A disadvantage of vertical integration is that by pooling demand for parts from a number of companies, a supplier may be able to enjoy economies of scale that result in higher quality and lower cost than if every company makes its own parts" is True
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<u>Explanation:
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The drawback to vertical integration is that a producer can have economies of scale, and incorporate demand for components from certain companies and therefore improve quality and cost in contrast with the production of their own products by each company.
Market power is a framework in which an organization manages the microeconomics and administration supply chain. In general, a supply chain leader creates another goods or services and the products satisfy a certain criteria.
A retailer such as Wal-Mart, which has its own products, is an example of vertical integration. This owns the inventory, manages the distribution and is the seller. Because it splits the guy in between, the company will deliver a much lower price, such as the brand name drug.
Answer:
Unocal was attracted to Burma for several reasons. First, labor was cheap and relatively educated. Second, Burma was rich in natural gas resources. Third, Burma was an entry point into other international markets, particularly in and around Southeast Asia. Finally the political environment was extremely stable.
Explanation:
Answer:
B
Explanation:
Here, in this question, we are asked to determine the decrease in notes payable that peachtree should record in the first year.
To determine this, we proceed as follows;
Interest payment for the first year = 30000*7% i.e 2100
Principal amount paid = Total amount paid - Interest amount
= 7317 -2100 i.e 5217
Notes payable should be reduced by 5217
Answer:
75%
Explanation:
Since the production center is available for 8 hours per day in a factory, and the worker operating it is required to lubricate these rotary parts once each day.
If it takes 2 hours to remove these parts from the equipment, lubricate them, and re-assemble them and the production center is not available for production during these times;
Then the availability of the production center is 75% which is derived by : [8 hours total - 2 hours downtime / 8 hours total availability] x 100 = 75%
They function as consumers and producers because while they work, they are creating goods/ providing services that contribute to the economy. When they get paid, they become consumers who buy goods/pay for services.
