Answer:
4. All of these answers.
Explanation:
- minimize total cost
In integrated supply chain management, a business can produce their own material. Producing own material tend to be cheaper rather than buying it form another company. This will minimize the total cost of the manufacture.
- minimize assets
Minimizing assets tend to be done to a company's branch that has high liability. This will cut down the total taxes that they have to pay.
- synergy and collaboration across channels
Supply chain management also allow a company to own its suppliers and personally control the product distribution. This will cut down the total cost that they need to create their products and deliver it to the consumers.
Answer:
The speed with which general prices are rising
Explanation:
Inflation measures the rate at which the general prices of goods and services are increasing in an economy. During inflation, the purchasing power of a country's currency is eroded. Inflation means a selected basket of goods will cost more this period than it did in the previous season.
The consumer price index or CPI is the most acceptable index used in determining the rate of inflation. Inflation may result from high economic growth where firms and individuals have increased incomes resulting in too much money in circulation. A moderate level of inflation is required to promote spending and sustain favorable economic growth
Answer:
The amount of cash that business collected from the customers is $76,000.
Explanation:
Formula used for taking out the cash collected by business -
Accounts receivables at the beginning of the period
+
Revenue collected in the year
-
Accounts receivables at the end of the period
Given information -
Accounts receivables at the beginning of the period = $23,000
Revenue collected in the year = $112,000
Accounts receivables at the end of the period = $59,000
Cash collected = $23,000 + $112,000 - $59,000
= $76,000
Answer:
0.66
Explanation:
the fourfirm concentration ratio is the sum of the concentration ratio of the four largest firms in the industry.
The sales of the second largest firm = $35 million - ( $10 million + $4 million+ $2 million + $12 million ) = $7 million
concentration ratio of firm 1 = $10 million / $35 million = 0.29
concentration ratio of firm 2 = $7 million / $35 million = 0.2
concentration ratio of firm 3 = $4 million / $35 million = 0.11
concentration ratio of firm 4 = $2 million / $35 million = 0.06
Adding the ratios together = 0.66