Answer:
There are both internal and external elements that are going to affect the supply chain design of a company like Crayola for its expansion. The external pressure will be created through external forces that can have an adequate amount of pressure created through suppliers and others where internal pressure can be created by the management itself in order to construct a prominent supply chain design.
Explanation: External pressure are
1. Suppliers
2.distributors
3.Consumers
4 External risk factors
1. Suppliers and the availability of suppliers within the market of expansion play an important role in the determination of the supply chain design within a market.
2. Distributors: As the company is new in the market it will have to establish its market in the region in this regard distributors are very important they are the ones that will help the company in supplying finished goods from the manufacturing point to retailers and customers.
3.customer is an external force that will be affecting the supply chain design of the company.
4. External risk factors: In every market, there is a risk that is associated with the companies operating in it reeks of economic distress and others as well.
Now there are some internal factors as well which will affect the overall supply chain design of Crayola in the new market and they are as follows:
1. Company strategy: it can be said that the company’s decision will tend to affect the supply chain design the company will follow in the current market
2.Management: The management of the company plays a vital role in the supply chain process of a company. It can be said that through management the overall supply chain design is managed hence the management will have an effect on the supply chain design.
3. Workforce: Workforce of the company is very much an evident part of the company’s manufacturing and marketing process. The workforce of the company determines the effect of the firm in terms of its operation and supply chain management.
Answer:
Both single column cash book and double column cash book are similar because they both record cash payments
Explanation:
A cash book is a book or journal used to record all business transactions within a particular period like receipts, disbursements, bank deposits and bank withdrawals. They are different cash books namely: single column cash book, double column cash book and triple column cash book.
A single column cash book is used to record payments in form of cash while a double column cash book records both cash payments as well as bank transactions.
Both single column cash book and double column cash book are similar because they both record cash payments
Answer:
increase, decrease
Explanation:
In simple words, when the tax was imposed on the product the company will ultimately bear it to the final consumer which means the price will rise. However when the price of the product rises the demand for that product decreases due to the fact that many individuals would not be able to buy it now from their limited income, this phenomenon is called price elasticity due to income.
Answer:
$0
Explanation:
If an individual's total income (including Social security benefits + all other types of income) is less than $25,000, or $32,000 for married couples, then he/she will not have to pay any taxes on their Social Security benefits. Only if total income is higher than the current thresholds, should Social Security benefits be taxed. Depending of the individual's total income, between 50-85% of Social Security benefits must be taxed at the individual's tax bracket.
Answer:
B) To maximize profit, firms should produce at a level of output where price equals average variable cost
Explanation:
Firms maximize their profit by equating Marginal revenue with The Marginal cost. So, since for perfectly competitive firms, the price equals the Marginal revenue, for these firms profit is maximized by equating Price with Marginal cost not the average variable cost.
