Answer:
To save the Earth without polluting it. Going eco-friendly
Explanation:
At least that's what I think.
Answer:
The answer is: 4) More frequently than not, the three objectives are compatible.
Explanation:
Toyota is famous for its Just in Time (JIT) management. They are the absolute kings of efficient supply chain management and they were able to do it by making the three objectives compatible. That doesn't mean that they all have to be dealt with at the same time and with the same intensity.
Toyota's first goal was to reduce costs and in order to reduce costs they had to increase their inventory turnover. Then they discovered that in order to keep increasing inventory turnover, they had to compress their cycle time. When they were able to compress their cycle time, their turnover increased even more and their costs were lowered. The system produces continuous feedback and their efficiency keeps increasing.
I once visited one of their factories that produces almost 500 pickup trucks per day and every single work station had available inventory for only 4 trucks; only 4 engines, 16 doors, etc. It is amazing how they do it considering that every 3 minutes one truck is fully produced.
The three objectives are not only compatible, but they are absolutely necessary for the SCM to be effective.
1. Illegal and unreported economic activity: While goods such as illegal drugs, gambling, and prostitution are sold in markets, the transactions are hidden for obvious reasons.
2. Home production and bartered goods/services: If cash doesn't change hands, the transaction will not be included in GDP. One of the somewhat misleading aspects of GDP is that whether certain things are included depends not on the nature of the good or service, but whether it was (openly) exchanged for cash.
You could make a reservation using Travelocity. Juts go to their site and pick your trip of your choice. When you have completed that, you can select to make a reservation and pay for that. After this, Travelocity would debit their cash account and credit their sales account.
Answer: Belinda sends an email to Equador offering to sell her entire entertainment set to him for $2,500. Equador responds that the price seems a bit high and offers to buy the entertainment set for $2,000. Equador’s response is considered a <u>counteroffer.</u>
Explanation: A counter offer is an offer that improves or modifies another already submitted by the competition or the contrary in a negotiation.
In this case, Belinda makes an offer to Equador and since Equador seems like a very high price, it responds with a Counter Offer by modifying the initial offer in its price.