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katovenus [111]
4 years ago
13

An organization's major customer puts pressure on the organization to reduce prices on its products. This is an example of influ

ence exerted by the organization's ________ environment. Multiple Choice demographic task legal sociocultural
Business
1 answer:
jeyben [28]4 years ago
5 0

Answer:

The correct answer is letter "B": task.

Explanation:

Task environment refers to the activities that <em>suppliers, distributors, competitors, </em>and <em>customers </em>take that may influence the business operations. These factors can contribute to the company's success or failure. There are other forces such as the <em>government regulations </em>or <em>labor force</em> that can also drive the company's decisions through different fields than planned.

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Japan's domestic customers in the camera industry generated a high home demand, which has helped stimulate the innovation of cam
alina1380 [7]

Answer:

<u><em>Local demand conditions</em></u>.

Explanation:

Michael Porter developed the diamond model, which is a framework that identifies the factors that help some organizations in a given country to be internationally competitive because they are so innovative.

For Porter companies that have international competitive advantages have a set of localization advantages, which include:

  1. Strategy,
  2. Structure and Company Rivalry advantages;
  3. Factorial conditions;
  4. Demand conditions; and
  5. Industries.
7 0
3 years ago
If the publisher of Central Times wanted to use reverse innovation to increase profits, what might she do?
OverLord2011 [107]

Answer:

(d) Figure out a way to print and distribute a very inexpensive newspaper that people want to read in Haiti, then use the same technology and processes to revamp Central Times in the United States.

Explanation:

"Reverse Innovation is the strategy of innovating in emerging (or developing) markets [A very inexpensive newspaper that people want to read in Haiti] and then distributing/marketing these innovations in developed markets."

Reference: Casestudyinc.com. “Reverse Innovation - Definition and Examples.” Management Case Studies and Articles, 27 Sept. 2014

5 0
3 years ago
A distributor of large appliances needs to determine the order quantities and reorder points for the various products it carries
Mkey [24]

Answer:

a. 32 refrigerators

b. 29 refrigerators

Explanation:

a. The computation of the economic order quantity is shown below:

= \sqrt{\frac{2\times \text{Annual demand}\times \text{Ordering cost}}{\text{Carrying cost}}}

= \sqrt{\frac{2\times \text{500}\times \text{\$100}}{{\$500 \times 20\%}}}

= 32 refrigerators

b. Now the reorder point is

= Annual demand ÷ total number of days in a year × lead time + (service level × standard deviation for the lead time)

= 500 units ÷ 365 days × 7 days + (1.90 × 10 units)

= 9.59 + 19

= 29 refrigerators

4 0
4 years ago
he units of Manganese Plus available for sale during the year were as follows: Mar. 1 Inventory 22 units @ $29 $638 June 16 Purc
Mama L [17]

Answer:

Thus, difference in gross profit = $144 + $144 = $288

Profit as per FIFO is higher than profit as per LIFO

Explanation:

In the given case, as per both the methods computation shall be as follows:

Date                    Quantity                   Rate              Amount

Mar 1                     22 units                   $29                 $638

Jun 16                   31 units                    $30                 $930

Nov 28                 41 units                     $37                 $1,517

Total                     94 units                                           $3,085

Closing units = 18

That means sales = 94 - 18 = 76 units

Thus as per LIFO cost = 41 units @ $37 + 31 units @ $30 + 4 units @ $29

= $2,563

Closing stock = 18 units @ $29 = $522

As per FIFO cost = 22 units @ $29 + 31 units @ $30 + 23 units @ $37 = $2,419

Closing stock = 18 units @ $37 = $666

Thus, difference of closing stock = $666 - $522 = $144

Profit as per FIFO is higher by $144

Cost is higher in LIFO by $2,563 - $2,419 = $144

Thus, difference in gross profit = $144 + $144 = $288

6 0
4 years ago
Find at least three implicit modelling assumptions or other qualitative factors which are relevant but not covered by the model.
laiz [17]

Answer and Explanation:

For Home Improvement Store (Acme) following are the implicit modelling assumptions or other qualitative factors which are relevant but not covered by the model:

1)Average customer footfall is considered at all times.

2)Seasonal effects are not considered. For example, boost in sales during festival times.

3)Employee absenteeism is not considered. i.e. all employees are expected to be present always.

4)Location is not considered to affect the change in scheduling activity.

5)Wages are considered to be uniform throughout and not affect employee performance.

4 0
3 years ago
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