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Sveta_85 [38]
3 years ago
15

James is the warehouse supply manager for a major tool corporation. It is his job to take inventory of the tools the company has

available and send orders to make more tools when supplies run low. The supply and demand form of production is and example of a ____ economy.
Business
2 answers:
sladkih [1.3K]3 years ago
8 0

Answer: Market Economy.

Explanation:

An economy in which demand and supply determines the type of product and the quantity of product produced is a market economy. The market economy has very little control from the government and is a highly competitive form of market where all businesses aim at getting more customers.

Taya2010 [7]3 years ago
6 0

Answer:

Market

Explanation:

The supply and demand of the goods and supply of the goods is an example of the "market economy" where people are free to buy and sell things as they want.

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___________ encompasses all the activities required to get the right product into the right consumers hands in the right quantit
Verdich [7]

Answer:

The correct answer that fills the gap is: Supply Chain Management.

Explanation:

To complement the definition, supply chain management (SCM) tracks materials, information and finances during the process that goes from the supplier to the manufacturer, the wholesaler, the retailer, and the consumer. Supply chain management involves the coordination and integration of these flows, both within the same company and between different companies. It is said that the main objective of any effective supply chain management system is the reduction of inventories (assuming that the products are available when necessary). To offer optimal supply chain management solutions, there are currently sophisticated software systems with Web interfaces competing with Web-based application service providers (ASP) that are committed to providing part or all of the SCM service to Companies that hire their services.

------

NOTE: If you need to extend the explanation given, you can make a comment or add a new question. I will be very pleased to help you.

6 0
3 years ago
During the growth stage of a product life cycle, companies should focus on: a. creating product differentiation. b. increasing o
GuDViN [60]

Answer:

Option A Creating Product Differentiation

Explanation:

The reason is that in the growth stage the company must add further features to the product to increase the product life and also capture the additional market share. This will only be possible if we have product differentiation.

The option D says that using anti-competitive strategy will give advantage to companies but this is not true, the reason is that the entrants enter the market when the product is at mature position (Normally). But this is not true in all situations.

So the best option is A

8 0
3 years ago
Stone Foods produces the majority of its cheese products in its U.S. based dairy division at a total outlay cost of $6.00 per un
lubasha [3.4K]

Answer:

Stone Foods produces the majority of its cheese products in its U.S. based dairy division at a total outlay cost of $6.00 per unit. A large portion of the finished product is sold to Division B where it is packaged and sold overseas under a different label. The tax rate in Division B's country is higher than the U.S. tax rate. Assume the company desires to minimize the overall tax impact of the transfer (i) what type of relative pre-tax income should each division desire to achieve as a result of the transfer and (ii) what type of transfer price would accomplish your answer to (i).  

Dairy Division Income Division B Income Transfer Price .

Option  "D"  is the correct answer -  High Low High.

Explanation:

Since in Division B, the tax rate is higher than the tax rate in US-based dairy division. Therefore to minimize the impact of the overall tax, transfer price from dairy division should be high to Division B so that the dairy division income would be higher. and the income of Division B would be lower.

Hence option  "D" is the correct answer.

3 0
3 years ago
At April 30, Marigold Corp. has the following bank information: Cash balance per bank $5400 Outstanding checks $330 Deposits in
aivan3 [116]

Answer:

$5,720

Explanation:

Calculation to determine What is Marigold adjusted cash balance on April 30

MARIGOLD CORP Adjusted cash balance on April 30

Cash balance per bank $5400

Less:Outstanding checks ($330)

Add: Deposit in transit $650

Adjusted cash balance. $5720

($5400-$330+$650)

Therefore Marigold adjusted cash balance on April 30 is $5,720

7 0
3 years ago
Examples of business transactions that are measurable in dollars are a.borrowing money b.selling goods and services c.buying goo
PtichkaEL [24]

Answer:

D

Explanation:

When a business borrows money, the amount borrowed is measured in dollar. For example, a business can borrow $10,000. Another business can borrow $1 million.

When goods are sold, money is received in exchange for the sale of the good.

When goods are bought, money is given to the seller in exchange for the good.

7 0
3 years ago
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