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Anuta_ua [19.1K]
3 years ago
14

How does decision making help a farm business grow?​

Business
1 answer:
mel-nik [20]3 years ago
7 0

Ensuring a farm business is profitable comes down to planning before the business takes off, this is the decision making part of the farm business. Going into it with flawed instinctive decisions without research will not help the business and will only do harm as you've no guarantee it will benefit your investment.

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Which of the following is NOT an important business process for managing the supply chain?
Dimas [21]

Answer: C. Responding to customer request promptly

Explanation: Supply chain management is the process of coordination of all incoming(inbound) and all outgoing logistics on order to ensure that the manufacturing operations are effectively handled. Supply chain management also involves management of process technology by ensuring that all spare parts and equipment are provided to ensure that manufacturing (Batch or continuous) is done properly.

7 0
4 years ago
Forlornistan is a country in the midst of a serious economic downturn. Forlornistan's GDP has declined steadily for over three y
goblinko [34]

Answer:

The correct answer is option c.

Explanation:

Forlornistan is experiencing an economic downturn, the GDP has steadily declined, the employment rate is very low and the CPI is falling.

All these characteristics show that the economy is going through economic depression.

Depression refers to the situation in which an economy suffers a downturn in economic activities. It involves decrease in output level, price and employment rate.

6 0
3 years ago
1) Imagine that we have eliminated marketing intermediaries, and you need groceries and shoes. How would you find out where the
postnew [5]

Answer:

1. By consulting the people who have purchased shoes and groceries recently, calling them or checking out their website for these information.

2. I would not be willing to travel far based on losses I might incur.

3. I would not save any money.

Explanation:

How would you find out where the shoes and groceries are?

Marketing Intermediaries help in effective delivery of products and services from the end of producers to the other end of consumers.

Since the marketing intermediaries have been eliminated, I would have to find out where the products groceries and shoes are manufactured or where the nearest wholesaler is. I can either inquire from friends and from people who have purchased shoes recently, call the company or check out their website for these information and also inquire from farmers in my area for groceries. It is highly likely that the manufacturers of shoes and groceries are far from where I live.

How far would you have to travel to get them?

Depending, on the distance of manufacturers and farmers to where I live but at the end of the day it will cost me more on time and gas going from one manufacturer and/or farmer to the other. I will end up not going that far to get them.

How much money do you think you'd save for your time and effort?

I would not save but lose money for my time and effort. The money that the marketing intermediaries would have helped me saved is what I would have spent in the search of manufacturers and farmers.

7 0
4 years ago
Consumers and companies populate two market environments today. One is the traditional ________ and the other is the ________.
Oksi-84 [34.3K]

The market environments made up of consumers and companies is the traditional marketplace, and the other is the marketspace.

<h3 /><h3>What is the marketplace?</h3>

Corresponds to the market where exchanges, transactions and negotiations of products and services between individuals and organizations are carried out.

Therefore, through the marketplace and marketspace, economic transactions are carried out and determined by the law of supply and demand.

Find out more about marketplace here:

brainly.com/question/25689913

8 0
3 years ago
Which of the following actions has NO impact on your credit score?
Romashka-Z-Leto [24]
When you inquire about a credit card charge, then it has no impact on your credit score. The correct option among all the options given in the question is option "A". Nowhere around the world can there be any rules that can deduct the credit rating of a person for inquiring about a credit card charge. It would be absolutely ridiculous.
8 0
4 years ago
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