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JulijaS [17]
3 years ago
10

Which buying method can save money but means you must have trust in the reliability of your supplier?

Business
2 answers:
Virty [35]3 years ago
8 0

Answer: Just in Time

Just in Time can save money but means you must have trust in the reliability of your supplier.

Explanation:

Just-in-time refers to a positive cost-cutting inventory management strategy which involves the ordering of raw materials for production directly from the suppliers. It helps in minimizing inventory and increasing efficiency in production. It depends on strong, fast and efficient network of suppliers. It aims at improving the company's return on investment by reducing non-essential costs.

zhuklara [117]3 years ago
7 0

Which buying method can save money but means you must have trust in the reliability of your supplier?

Just in time

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A country that believes an imported product is being sold in its market for a price lower than the cost of production for the pr
Marina CMI [18]

Answer:

Antidumping duty

Explanation:

Dumping occurs when manufacturers decides to export products to other countries at prices below their cost of production. This is what is happened in this scenario. In trying to combat dumping, the importing country may impose antidumping duty.

Now antidumping duty involves putting a tariff on imported goods that are believed to be sold at prices lower than production cost. By increasing their tariffs, it is expected that the exporters in turn increases the prices of the goods they are exporting.

4 0
4 years ago
If the price level increases by 0.2 percent for every $100 billion increase in the money supply, by how much might prices rise i
Gala2k [10]

Answer:

3%

Explanation:

Increase in money supply ($ billion) = Increase in reserves / Reserve ratio

Increase in money supply ($ billion) = 150 / 0.1

Increase in money supply ($ billion) = 1,500

Increase in price level = (Increase in money supply / 100) * 0.2

Increase in price level = (1,500/100) * 0.2

Increase in price level = 3%

8 0
3 years ago
"if both supply and demand decrease" simultaneously, the new equilibrium price is ___________ and the new equilibrium quantity i
lisabon 2012 [21]
The new equilibrium price is higher and the new equilibrium quantity is higher
4 0
3 years ago
Assuming Digby’s current market share for its Drat product remains the same, how many units of Drat should Digby expect to sell
marshall27 [118]

Available Options Are:

A. 401 units

B. 294 units

C. 441 units

D. 305 units

Answer:

Option C. 441 Units

Explanation:

The first thing would be to analyze the situation. It is crystal clear in the Accessibility Elite table that the accessibility of Digby products are 2nd largest among the rival companies.

Now we will look at whether the company has taken advantage of its second largest accessibility position or not. This can be seen in Actual Vs Potential Market Share table. The units produced were sold in the year which means that the accessibility of the product is even more than its rivals as the market share captured in the year by Digby is above 40%. This means that their is an increased demand for Digby's Product. This can also be seen by segment growth rate in the Elite Statistics (Top Left Corner) which is anticipated to be at 16%.

All these things says that Digby must produce as much as possible, hence quantity would be a greater number.

3 0
3 years ago
Omar is having trouble paying his rent and making minimum payments on his student loan and credit cards. What should Omar consid
In-s [12.5K]

Answer:

Omar should get budgeting advice from a consumer credit counselor

Explanation:

It is apparent from the question that Omar is having a financial problems as he is finding it difficult to meet up with his student loan and credit cards repayment plan.

It is advisable at this point that he should engage the service of a consumer credit counselor for budgeting advice to improve on his situation.

Consumer credit counselling service is a form of service that help to proffer solution to financial problems through financial education , budgeting assistance and debt management.

7 0
3 years ago
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