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fenix001 [56]
3 years ago
12

A farmer realizes that he is not getting fair price from the agents who buy produce from him and sell it to the markets. As such

, he decides to sell produce directly to the local market. This is an example of:Select one:a. FORWARD VERTICAL INTEGRATION Correctb. backward vertical integrationc. horizontal diversificationd. forward horizontal integratione. backward horizontal integration
Business
1 answer:
Jobisdone [24]3 years ago
8 0

Answer:

The answer is: A) Forward vertical integration (FVI)

Explanation:

FVI takes place when a company expands its business activities to take direct control of the distribution of their products.

The question is a textbook example of FVI. A company decides to sell their products directly to their customers bypassing the middlemen.

Internet sales are giving several companies this opportunity. For instance, every once in a while I get promotions directly from the Coca Cola Company offering me direct discounts on their products. Of course some type of courier or logistics company is needed, but the sale is made directly from the distributor bypassing the grocery store. A more common example is people buying their cars directly in the manufacturers website. In Germany, car vending machines are located right next to the factories. You buy online and you pick your car like a soda can, only on a huge scale.

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Mr. Draper is the hiring manager of a large corporation. He has been asked to recruit two new sales executives for the firm spec
balandron [24]

Answer:

The correct option is D,maximum job offer

Explanation:

Low job offer is offering job to new hands with pay that is lower than available elsewhere,hence less motivating for employees have guaranteed existing employment.

Competitive is when pay is similar to that which is obtainable elsewhere may be as offered by a rival firm.

The job at hand is poaching proven hands from  another company,hence for the roles to be filled in no distant  time,Mr Draper should give maximum job offer which is a pay that is above that which is available elsewhere.

7 0
3 years ago
Gilberto Company currently manufactures 40,000 units per year of one of its crucial parts. Variable costs are $1.60 per unit, fi
mestny [16]

Answer:

It is cheaper to make the part. In three years the company will save $12,000.

Explanation:

Giving the following information:

Units= 40,000

Variable costs= $1.60 per unit

Fixed costs= $40,000 per year

Gilberto is considering buying the part from a supplier for a quoted price of $2.70 per unit guaranteed for three years.

We need to calculate the total cost of making and buying the part.

Make in-house:

Total cost= 1.6*40,000 + 40,000= $104,000

Buy:

Total cost= 40,000*2.7= $108,000

It is cheaper to make the part. In three years the company will save $12,000.

5 0
3 years ago
True or False: To do business in less developed nations, firms often adjust products or prices to make their offerings more affo
siniylev [52]

Answer:

True

Explanation:

 

4 0
2 years ago
Read 2 more answers
Williams & Co. management is trying to decide the appropriate prices for various products sold by the firm. This is a focus
nikdorinn [45]

Answer:

A. Micro-economics

Explanation:

Micro-Economics represents a study of economic activiites or economic choices that affect individual businesses or organisations, individual consumers or individual families. Since the focus of Williams & Co is on determining appropriate prices for products sold in its individual firm, then the focus is micro-economics

Macro Economics represents the study of economic activities and choices but instead of the individual level, it studies these acivities at the overall national level or at the global level. So the study of pricing among the various detergent producing firms in the United States is under the purview of macro economics

Monetary policy focuses on the tools that are used to regulate the entire economy especially the Federal Reserve through the regulation of the activities of member financial institutions.

Fiscal Policy focuses on the activities of government to control its expenditure, tax rates and overall monitor or regulate the economy  

5 0
3 years ago
A company has large number of employees who have various roles and responsibilities. many times the company has encountered situ
Dennis_Churaev [7]

The answer to the question is the least privilege policy.

The least privilege policy refers to a concept in computer security where users in a computer network are limited in terms of their ability to access things in the network according to the level of access needed for them to do their job. Thus, a person who works in Finance for example, would have a higher level of access compared to someone who works in Operations.  

5 0
3 years ago
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