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NARA [144]
3 years ago
5

Techilex delivers timber directly to furniture manufacturers. The company takes legal possession of the timber it distributes. T

he company doesn't physically process timber but it facilitates timber's safe delivery to the clients. In this scenario, Techilex is a(n) __________.
Business
1 answer:
Sindrei [870]3 years ago
8 0

Answer:

The correct answer is drop shipper.

Explanation:

Drop shipping can be defined as one of the supply chain management method where the vendor does not stock any product.

In drop shipping when a vendor gets any order from the customer, the vendor forwards it to the third party for order fulfillment and then ships the product directly from the third party to the customer by the name of the vendor.

According to the scenario, techilex does not store any product but only facilitates delivery for the products shows the drop shipping type of business.

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Product development and market development are two strategies that are part of _____ analysis.
Mrrafil [7]

Product development and market place development are two strategies that are part of a diversification evaluation.

A product is an item supplied for sale. A product can be a service or an item. it is able to be physical or in digital or cyber shape. every product is made at a cost and each is offered at a fee. The fee that may be charged depends available on the market, the first-rate, the advertising, and the segment that is focused on.

A product is any item or provider you promote to serve a purchaser's need or need. They can be physical or virtual. bodily products encompass durable goods (along with automobiles, fixtures, and computer systems) and nondurable goods (along with food and beverages).In marketing, a product is an item, or machine, or provider made to be had for purchaser use as of the customer demand; it's far something that can be offered to a marketplace to fulfill the desire or want of a patron.

Product is the centre of all advertising and marketing sports, without a product, advertising can't even be imaged. proper merchandise is the key to market fulfillment. Product selections are taken first by means of the marketers and these selections are the center of all different advertising selections, together with price, advertising, distribution, and so forth.

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7 0
2 years ago
In the 2,500-year-old text the art of war, chinese general sun tzu argues that _____________ and ___________ are key components
andreev551 [17]

In the 2,500-year-old text the art of war, chinese general sun tzu argues that "stratergy" and "planning" are key components of strategic planning.

<h3>What is strategic planning?</h3>

Strategic planning is the art of developing specific business strategies, putting them into action, and analyzing the results in relation to a company's overall long-term objectives or desires.

Some key features of strategic planning are-

  • It is an idea that concentrates on incorporating different departments within a company (such as finance and accounting, marketing, & human resources) to achieve strategic goals.
  • Strategic planning and strategic management are essentially interchangeable terms.
  • The idea of strategic planning first gained popularity in the 1950s & 1960s, and it remained popular in the corporate world until the 1980s, when it began to fade.
  • However, interest in business strategy was reignited in the 1990s, and strategic planning is still important in today's business.

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6 0
2 years ago
In order for corporate diversification to be economically valuable
SpyIntel [72]

Answer: (C) there must be some valuable economy of scope among the multiple businesses in which a firm is operating and it must be less costly for managers in a firm to realize these economies of scope than for outside equity holders on their own.

Explanation:

The concept of economy economy of scope opines that the unit cost of producing a product will decline as the variety increases. The earlier the managers of the firm realizes these economies of scope, the better it will be for production and profit maximization for not just the ownership entity but including the outside equity holders

3 0
4 years ago
Read 2 more answers
Exercise 10-6 Direct Materials and Direct Labor Variances [LO10-1, LO10-2] Huron Company produces a commercial cleaning compound
muminat

Answer:

Instructions are below.

Explanation:

Giving the following information:

Direct material:

Standard= 7.40 pounds $ 2.60 per pound

Actual= 12,100 pounds of material were purchased for $2.50 per pound.

Direct labor:

Standard= 0.45 hours $ 8.00 per hour

Actual= 575 hours of direct labor time were recorded at a total labor cost of $5,750

Units produced= 1,500

<u>To calculate the direct material price and quantity variance, we need to use the following formulas:</u>

Direct material price variance= (standard price - actual price)*actual quantity

Direct material price variance= (2.6 - 2.5)*12,100

Direct material price variance= $1,210 favorable

Direct material quantity variance= (standard quantity - actual quantity)*standard price

standard quantity= 1,500*7.4= 11,100

Direct material quantity variance= (11,100 - 12,100)*2.6

Direct material quantity variance= $2,600 unfavorable

T<u>o calculate the direct labor efficiency and rate variance, we need to use the following formulas:</u>

Direct labor time (efficiency) variance= (Standard Quantity - Actual Quantity)*standard rate

Standard quantity= 1,500*0.45= 675

Direct labor time (efficiency) variance= (675 - 575)*8

Direct labor time (efficiency) variance= $800 favorable

Direct labor rate variance= (Standard Rate - Actual Rate)*Actual Quantity

Actual rate= 5,750/575= $10

Direct labor rate variance= (8 - 10)*575

Direct labor rate variance= $1,150 unfavorable

5 0
3 years ago
The United States Highway System is a _____________ in the United States numbered within a nationwide grid.
lapo4ka [179]
Answer is c. system of roads
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4 years ago
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