Answer: periodic inventory system
Explanation:
The type of inventory system used by Badger Enterprises is the periodic inventory system. The periodic inventory system is an inventory whereby updates are usually done on periodic basis.
In the periodic inventory system, physical count of inventory is done at specific intervals. This is the method used by the company in the question.
Answer: B. Intent to contact
Explanation: answer on Edg. 2021
Answer:
Assuming the policy is effective the US exits of the beluga caviar market will make the prices and quantities decrease by a huge margin.
Also, we should consider that people will try to fullfil the demand of the beluga caviar thus, other types prices and quantities will increase. Also, there is the posibilities for a black market of beluga caviar or arbitrage is created (importing frozzen dished made with the beluga caviar) to walk-by the government regulation which will put the price way above the current price as it is illegal.
Explanation:
Answer:
opportunity cost is define as given below
Explanation:
- Opportunity cost can be defined as sacrifice for the individual, company or government. The opportunity cost of obtaining products or services is a forgiving option. For a person who aims to maximize his benefit from his limited available resources, he must allocate these limited resources to those who are most important. Opportunity Costing helps a person make good use of their scarce resources. .
- Opportunity cost is also important for a company because the company has to allocate its limited available raw materials to produce a certain product with high demand at the expense of other products that are less demanding.
Answer:
Increased productivity and quality leads to consumer trust relationship that results in increase in demand and increase in the production capacity to meet the demands.
Explanation:
First when a company increases its productivity with commensurate increase in the quality of the goods produced or manufactured. The direct effect is that the consumer base of the goods increase. In other words, consumers exhibit a level of confidence in the quality of the goods, they are attracted to patronize the company and since there is increased productivity, the company is able to meet the needs of its increasing consumers.
Furthermore, once the consumers are attracted and the company is able to meet demands, more consumers are also eager to join in purchasing the product, hence, the company is then required to increase its production capacity to meet the demands of its ever increasing customers.
<u>Why?</u>
The ability of a company to produce consistently quality goods and also meet the demands of its customers lead to a trust relationship between the customers and the manufacturer and such a relationship provides a solid platform for a continuous increase in consumer base that will warrant an increase in production capacity to accommodate more demands.
