Scarcity occurs when the demand for something exceeds the supply. Examples often occur with natural resources when they are over used. Think of over fishing, hunting or poor farming. The choice to over hunt in present may cost hunting opportunities in the future.
Answer:
A. ERP
B. RFID
C. Barcodes
D. E-business
E. EDI
Explanation:
Here is the complete question :
Match the following functions with their descriptions.
(E-Business, EDI, Bar Codes, ERP, RFID)
A. It allows companies to organize and share information
B. It provides instantaneous tracking by containing identifying information
C. It provides complete visibility of product location
D. Provides access to global markets, suppliers and distribution channels
E. It enables exchange of documents in a standard format
Enterprise resource planning (ERP) is a software used to organise a business core processes
Electronic Data Interchange (EDI) is used to exchange business documents in a standardised format electronically
Types of EDI
- Direct EDI
- EDI via value added networks (VANs)
- Web EDI
- Mobile EDI
Advantages of EDI
- It increases business efficiency
- It reduces operating costs
Disadvantages of EDI
- Initial setup cost is usually quite high
Radio-frequency identification (RFID) is used to identify and track tags that are attached to items
Barcodes are used as a means of identification of a product. They can identify the country a product is manufactured.
Electronic business (E-business) has accelerated the rate of global integration. It has increased the access to global markets, suppliers and distribution channels.
Answer:
Raw materials purchased = $111,000
Explanation:
given data
Beginning Ending
Raw materials inventory $47,000 $50,000
Finished goods 58,000 50,000
raw materials use manufacturing = $108,000
solution
we get here Raw materials purchased that is express as
Raw materials purchased + beginning raw material = ending Raw materials + Raw materials used ...................1
put here value and we get
Raw materials purchased = $50,000 + $108,000 - $47,000
Raw materials purchased = $111,000
I think A. Because I think it is very important to meet new people and getting to know them.
