Answer:
contractual vertical marketing system
Explanation:
In the supply chain management system there is this Contractual Vertical Marketing System under which there is this vertical relationship of marketing in between two positions of the supply chain.
Here also the Walmart is the one which shall supply goods at the last to consumers and that the company P&G shall supply goods to Walmart. This is the chain. Now this is a vertical chain, as from producer to seller to consumer.
And since it is a marketing chain with contractual clauses which include all the penalties also.
Answer:
Explanation:
The main argument in favor regarding increasing minimum wage is that a higher wage will result into an increase in the standard of living of the people. Furthermore, a rise in the minimum wage can help in lifting people out I poverty. Due to higher wages and salaries, workers will have more money to cater for their families and meet their needs. Lastly, an increase in the minimum wage means that the government can reduce its expenditures on helping the low income earners and can therefore invest the money in other critical sectors of the economy.
The arguments against raising the minimum wage is that it can lead to inflation. Inflation in the rise in the price for goods and services. When there's an increase in minimum wage, sellers may increase the price of goods as there'll be more money to spend by households. Also, it can lead to losses of jobs as employersay have to cut down cost on order to be able to increase the wages of some workers and thereby may result in some workers being laid off.
Minimum wages lead to the reduction in the entry-level jobs that are available, and reduces the change of entry level graduates to get training, and lifetime income. According to Economists, minimum wages will result into decrease in the employment opportunities that are available for the youths and thereby create unemployment. Potential employees will miss out on the training that should have been done at the initial stage one is entering an organization.
Answer:
A Loss of $10,000
Explanation:
To calculate the depreciation using the straight line method.
Depreciation = Cost - Salvage value/ no. of years
$50,000 - $10,000/ 4 = $10,000
Annual depreciation now is: $10,000
Net book Value (NBV) for the year of disposal i.e 2018 will be:
Cost - Accumulated Depreciation = NBV
$50,000 - $30,000 = $20,000
NBV is $20,000
but was sold for $10,000 which is a loss of $10,000
Answer: Option (A) is correct.
Explanation:
Outsourcing is known as the agreement under which one organization hires or employee another organization in order to be responsible existing or for a planned activity that tends to be done internally, and at times involves transferring workers and assets from an organization to another.
Inshoring is referred to as the opposite of Offshoring. It is known as the process or method of moving an organization or its business operation from abroad to a local country. It is also referred to as outsourcing of workers domestically.