Answer:
The correct answer is letter "B": Procurement.
Explanation:
Procurement specialists are managers in charge of reviewing major contracts with vendors or any type of supplier of goods useful for the manufacturing of a company. They analyze diverse data to find out what the best prices are to contribute to the firm profitability. Besides, procurement specialists must study the inflows and outflows of the company's supplies to identify shortages or surplusses.
Economists believe that the wants of people are infinite.
<h3>What is want in economics?</h3>
These are the basic needs of people. In the field of economics it is believed that the wants of people are too numerous.
People have so many needs and the resources that are required to fulfill them are limited. This is the concept of scarcity.
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Answer:
False.
Explanation:
An attractive industry are not one that is characterized by high entry barriers, suppliers and buyers with strong bargaining power, low threats from substitute products, and low rivalry among firms.
An industry is defined by a group of firm that produce good and service, which are close subtitute and bargaining power of supplier are not considered as entry barrier to a firm in the open market. Industry with high fixed cost can pose high degree of rivalry among firm.
Answer:
Adaptation of industrial products is the correct answer.
Explanation:
A rental inventory is basically like people rent you things. Cars, and lots of stuff. its a good idea to have a rental inventory because you can rent people things in a business.
