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rusak2 [61]
2 years ago
10

How can firms avoid incurring high transport costs when exporting bulk products?

Business
1 answer:
Sunny_sXe [5.5K]2 years ago
7 0

Firms can avoid incurring high transport costs when exporting bulk products by manufacturing bulk products regionally.

Transportation costs are all the charges related to the transportation of uncooked substances, finished merchandise, and personnel. it is the cash at the back of ensuring all moving components get in what they want to be so your customers get their products or services on time.

Now, you need to determine all your transportation level costs. look at how lots you paid for drivers, gasoline, special licenses, purchasing/leasing motors, outsourced paintings, and every other system related to transportation. upload this kind of collectively to get the total fee of transportation.

Techniques of lowering logistic prices can range from optimizing stock degrees to recharting higher transport networks, to growing higher procedures, enhancing dealer/1/3 celebration relationships, and so on.

Learn more about Transportation here brainly.com/question/27667264

#SPJ4

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Which economic advantages does the united states have compared to other nations?
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Answer: Large territory, fertile farmlands, huge oil reserves, large population.

Explanation: The United States has one of the largest land mass in the world with a size of more than 9800km^2 most of this land area are of huge economic importance in the areas of : Tourism, farming, fishing, oil exploration, and housing.

Also the United States has a very large human population which serve as a huge market to producers, and also high work force for manufacturing.

6 0
3 years ago
Marshall Inc. recently hired your consulting firm to improve the company's performance. It has been highly profitable but has be
Igoryamba

Answer:

Inventory cycle =<u> Inventory    </u>             x       365 days

                            Cost of goods sold

                          = <u>$75,000 </u>   x 365 days

                             $360,000

                          = 76 days

Receivable days = <u>Receivables</u> x 365 days

                               Sales  

                             = <u>$160,000</u> x 365 days

                                $600,000  

                             = 97 days

Payable days = <u>Payables        </u>         x 365 days

                         Cost of goods sold

                        = <u>$25,000 </u>          x 365 days

                           $360,000

                        = 25 days

Cash conversion cycle = Inventory cycle + Receivable days - Payable days

Cash conversion cycle = 76 + 97 - 25 = 148 days

                                                                                                                                                                                                                                      Explanation:

Cash conversion cycle is the aggregate of inventory cycle and receivable days minus payable days. Inventory cycle is the ratio of inventory to cost of sales multiplied by 365 days. Receivable days measure the ratio of receivables to sales multiplied by 365 days. Payable days measure the ratio of payables to cost of sales multiplied by 365 days. Cash conversion cycle is the time lag between when inventory is purchased and when payment is made.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          

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Therefore, according to the culture, in a hiring process, the ideal profile of the professional must also be established for the expansion strategy, which constitutes the focus of the company.

It is also necessary to have an accountability plan that guarantees greater autonomy to the professional, since in family businesses decision-making can be more rigid and centralized.

This can be a positive decision to increase knowledge and bring a differentiated vision to the company, generating innovation and creativity.

Find out more information about family business here:

brainly.com/question/25452811

6 0
2 years ago
________ marketing calls for socially and environmentally responsible actions that meet the present needs of consumers and busin
Alex_Xolod [135]

Answer:

Sustainable Customer-driven marketing calls for socially and environmentally responsible actions that meet the present needs of consumers and businesses while also preserving or enhancing the ability of future generations to meet their needs.

Sustainable Customer-driven marketing refers to the concept that an overall need and satisfaction is provided to the society to keep it sustainable. The consumers needs to know that they are important and so are their future generations which builds trust and keeps a sustainable environment.

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