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natta225 [31]
1 year ago
11

A primary reason why supply chains exist is that____________ is added at each step of every supply chain.

Business
1 answer:
jeka941 year ago
5 0

<u>Specialization</u> is added at every step of the supply chain which could the reason for the existence of a supply chain.

<h3>What is meant by supply chain?</h3>

A supply chain is a linkage between the company and its vendors for product distribution in the market for sale.

The supply chain involves many entities like production firms, vendors, distribution companies, transportation companies, etc. Every step of the supply chain needs specialized expertise for performing the operations like the production firm needs raw materials to convert the goods into saleable ones.

Therefore, the existence of a supply chain would be due to specialization which requires in every step of it.

Learn more about the supply chain in the related link:

brainly.com/question/13297496

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g Jill has a balance of $866,000 in her retirement savings account. She expects to retire in 8 years. She will not save any addi
lubasha [3.4K]

Answer:

$69,378.96

Explanation:

The first step is to determine the future value of Jill's balance

FV = P (1 + r)^n

FV = Future value  

P = Present value  

R = interest rate  

N = number of years

$866,000(1.09)^8 = $1,725,559.25

the second step is to determine the future value of the balance in Bob's account

$482,000(1.09)^8 = $960,415.19

The difference between Jill and Bob's future value amount is 765,144.06. this has to be the future value of bob's yearly savings

yearly savings = 765,144.06.  / annuity factor

Annuity factor = {[(1+r)^n] - 1} / r

(1.09^8 - 1) / 0.09 = 11.028474

765,144.06.  /  11.028474 = $69,378.96

5 0
3 years ago
When a person is developeing a plan, he must understand the or what he is selling.
9966 [12]

Answer:

Product

Explanation:

When a person is developing a plan, he must understand the product he is selling.

He can only develop an effective plan if he knows the complete dimensions of the product at hand. An incomplete understanding would lead to developing an ineffective plan that might create the wrong perception of it in the minds of the consumer and eventually effect the sales negatively or maybe engage the wrong market in the process.

4 0
3 years ago
As the dominant member of the channel of distribution, Coca-Cola holds a lot of power in the relationship with independent groce
irakobra [83]

Answer:

System of Administered vertical marketing

Explanation:

Vertical marketing system is the system of cooperation among the several levels of the distributed channel. In this system, the members work together in order to promote the efficiency as well as economies of scale in the direction products are promoted to the end users.

Administered Vertical Marketing System is the one of the kind of vertical marketing system, which is a system that is coordinated among the distribution channel organisation, in that the flow of products from producer to the customer is controlled through size and power of one member of the system.

So, in this case, dominant member has the power of controlling the store. Therefore, it states the example of administered vertical marketing system.

6 0
3 years ago
What is insurance fronting​
Allushta [10]

Answer:

Fronting policy is a risk management technique in which an insurer underwrites a policy to cover a specific risk, but then cedes the risk to a reinsurer. Fronting policies are most commonly used by large organizations, and is a type of alternative risk transfer

Explanation:

6 0
3 years ago
If the value of beach-front property in beach city decreases, initially the people of beach city will likely spend _____, causin
LiRa [457]

If the value of beach-front property in beach city decreases, initially the people of beach city will likely spend less, causing incomes in beach city to decrease.

Property is anything to which a person or entity has a legal right. A property can be an Understanding Land tangible item, such as a house, car, or appliance, or an intangible item that promises future value, such as a stock or bond.

Property defines the theoretical and legal ownership of resources and how they are used. These resources are both tangible and intangible and can be owned by individuals, businesses, and governments.

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4 0
1 year ago
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