Answer:
C. Centralized buying is desirable for items unique to a particular facility.
Explanation:
Centralized buying is when a company does all of the buying for its company form one centralized location that will help the compnay to reduce costs and find the best deals, after that they´d just send the products to their other facilities.
Answer:
b. firm that requires union membership by its workers as a condition of employment
Explanation:
A closed shop also called a pre-entry closed shop refers to an agreement whereby the employer only hires an employee if he has union membership and must remain a member of that union to continue in employment. It is a form of security agreement to ensure genuiness of employee. Closed ship is opposed to post-entry closed shop or union shop which requires the employee to become a member of a union if they are not already members, and must be accepted by the union.
Answer:
Parent Nation : Great Britain , Parent Nation's (Great Britain's colony) : America , Foreign Market : Africa
Explanation:
As per 'Triangular Trade & Mercantilism' case study ; linking - Great Britain, West Africa & colonies in America. The trade relationship from A to B, B to C, C to A - has following three regions
- Parent Nation : Great Britain
- Parent Nation's (Great Britain's colony) : America
- Foreign Market : Africa
Eg : Great Britain manufactured goods supplied in Africa. In return, West Africa supplied cheap labour to colonial America. Colonial America further supplied goods needed by Great Britain.