DeBeers is called a channel leader. There is the strength, determination, knowledge, and management to control the industry. He/She has a talent and strategy on distributing and delivery of the business through networks. He/She knows that market very well enough to control the 90% as said.
Answer:
13
Explanation:
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Answer:
Businesses that produce good products are rewarded with profits
Explanation:
In the free enterprise system, governments do not interfere with economic activities in the country. The private sector does all the production and distribution of goods and services.
No restrictions are put in place on the type or number of businesses that entrepreneurs can operate. Due to this reason, business competition is very intense. Customers choose their preferred products from a wide variety offered by the many suppliers. Producers who make products that satisfy customers' needs are rewarded with profits.
A. Know each other better
Team refers to a group of people who come together to carry out interdependent task whilst also accomplishing a common mission or specific objective.
Team comprises individuals or employees who have complementary skills, knowledge and experience needed to execute a project successfully.
When a person is working in a team, he or she has the privilege of interacting with other team members hence create performance and strengthen the level of relationship amongst them.
It therefore means that teams have better communication than other workers because they get to know each other better in the course carrying out their duties.
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Answer:
The answer is: Their inventory levels will increase
Explanation:
When companies use the Just in Time (JIT) they reduce their ordinary inventory to a minimum level, without any safety stock and that help them lower costs and improve their efficiency.
Since Hanson is changing from the JIT inventory system to a more traditional inventory system, their inventory levels should increase to include certain safety stock levels.
