Answer: Trade Industries
Explanation:
Trade industries survive as long as people and businesses can afford to trade goods and services. If entities are unable to afford consumption for a reason such as a decline in income, the trade industries will suffer.
When the economy is not healthy, income levels of people will reduce and so trade industries will suffer as opposed to a healthy economy where entities can afford goods and services which will ensure the survival of trade industries.
Answer:
The answer is: Longer lead times and they can be inventoried.
Explanation:
Physical goods or products usually have longer lead times than services (although not necessarily) but the main difference between them is that they can be inventoried.
For example, a company that produces chairs can produce chairs during the week and then store them in a warehouse. But if a hotel only rents 30 of its 50 available rooms today, it cannot rent 80 rooms tomorrow, only 50. A service by definition cannot be inventoried, or stored for later use.
Answer: d. company directors; shareholders
Explanation: The conduction and management of a business usually involve making controversial decisions or taking actions that might put the business at risk. In a general sense, greater profits calls for greater risks. As such, the business judgement rule states that the board of directors should be allowed to make such decisions without fear of prosecution by shareholders who might object while acknowledging that managers are not capable of making optimal decisions at all times. The rule therefore aid in protecting a business's board of directors from slight legal allegations about the conduct of business. It is thus important because it reflects the principle that company directors, not shareholders, have the greatest latitude to run companies.
Answer:
JIT production and JIT purchasing
Explanation:
JIT production and JIT purchasing under this process entity does not have extra material in stores and extra inventory produced.
as per the just in time
there is no benefit of holding inventory at stores
producing extra units does not add value they are useless until they are sold.
According to just in time inventory should be purchased when order has been placed and production process should start in order to meet the customers orders.
there are some conditions for this process
there should be very system to meet the order on time
there should be relaible production system units produced should not be poor quality goods
there should reliable suppliers to supply the material on time to meet the customers orders and avoid the stock out costs.
Xi-Ling focussed on her debt management by setting aside a part of net income in paying down the debts. The amount that Xi-Ling put towards the debt is $65.75.
<h3>What is Debt Management?</h3>
Debt management is a tool that facilitates keeping the debt under control through planning and budgeting. It helps in clearing the problem of debt at an affordable pace.
Xi-Ling has a monthly salary of $2,315 out of which 5% is her net income. The net income therefore is:
Out of the net income of $115.75, she keeps aside $50 and uses the rest in paying down her debts. Therefore, the amount used for debts is:
Hence the amount Xi- Ling put towards paying down the debts is $65.75.
Learn more about debt management here:
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