Answer:
The answer is A, Forecasting, planning, purchasing, material management, warehousing, inventory, and distribution.
Explanation:
An ERP, Enterprise resource planning, can help to keep data safe and regulated with built in protections. Can eliminate redundant process and task through automation. Integrated information with all coustumer and financial data, housed in one location. Gives the ability to analized and compare functions across departments, without the hassle of multiple spreadsheet and mails.
You could start out by finding out how much demand there is for this kind of service. Go around your neighborhood and ask how likely everyone would be to utilize a dog walking or training business, and how much they would be willing to pay for such a service. Alternatively, you could create a survey online and send it to groups within your city. You can create a survey using Google Forms.
If there is enough demand for it and if the price is right, then present this information to your parents. This way you can show them that you're very serious about starting your own business and you have the know-how to do so.
Starting out with just a focus on dog-walking could be great, and then you could expand from there to training. If you have a good sized yard or a nearby dog park to work at for training, then you're set. After that you can move on to dog rescuing. Of course, you will need more space for rescuing dogs and will definitely need at least a yard.
Good luck with your parents and good luck with the business!
Answer:
E. the income effect
Explanation:
Based on the scenario being described within the question it can be said that Rodi has observed the impact of the income effect on demand for his service. This effect describes the change in demand for a specific product or service that has been caused by the change in the consumer's purchasing power due to changes in that same customer's current income.
<span>Managers should conduct a 360 evaluation of staff performance. This includes gathering feedback from suppliers, customers, and other employees. Customer surveys, with an incentive, are an effective way to measure success and gather target feedback. A key performance indicator for this type of business is customer retention.</span>
Answer:
The correct option is D. P decreases, Q increases.
Explanation: When the marginal cost and average cost of production are reduced, this will lead to a reduction in the price of the final product or service.
Also, in introducing a technological innovation that lowered the costs of production, what the monopolist has succeeded in achieving is that the quantity of output will be driven up, as it will now cost less to produce the same unit, then more units can be conveniently produced.
Therefore, the price will reduce, but this will not be a problem because the monopolist will make up for this by increasing the quantity of output. This will ensure that the revenue generated will either remain at the same level as before, or it will surpass the level as before.