All of these fall under the Bottleneck items of strategic sourcing.
Bottleneck explains situations when there is a high amount of risk and the availability of the item is low. There are not a lot of supplies to pick from but the item is in demand, this leads to procurement problems. Companies use strategic sourcing to try and red the cost of an item while keeping or improving the quality of it.
Answer:
Option C Differentiating the market offering to create superior customer value
Explanation:
The reason is that when the product are differentiated from the rest of the products in the market, it creates a sense of superiority among products because of its quality, uniqueness and exceptional things that the company offer with the product. Due to differentiated strategy, the company is able to sell at a higher price which earns greater profit for the company.
You’re answer would be c love!
Answer:
Option (b) is correct.
Explanation:
The total surplus is defined as the sum total of producer surplus and consumers surplus. Total surplus with a tax is defined as the combined total of producers and consumers surplus and tax revenue that is earned by the government of a particular nation.
Consumers surplus = Willingness to pay for the product - Actual amount paid for the product
Producers surplus = Actual amount received for the product - Willingness to accept for the product
Answer: I would have to guess option c the unemployment rate.
Explanation:
