Answer:
The Bullwhip Effect
Explanation:
Bullwhip effect is a phenomenon that occurs in an organisation's channel of distribution due to swings or erratic demands for products by customers. This erratic nature of demands will usually lead to forecasting inefficiencies especially in meeting the demands through the supply chain.
A sudden increase in demand could lead to production planning problems because there might not be enough inventory of materials on ground to meet the demand. Also, a sudden decrease in demand can bring the challenge of excess inventory of materials which may not be needed for production for a while.
One of the measures taken to manage this erratic nature of demands is to ensure that whatever the forecasts for demands is, safety stock must be included to the forecast level of demand so as to ensure that production planning is adequate and the demands are met as well.
The correct option is B. In this type of economy the government has total control over allocation of all resources. <span />
Answer:
A missioniairy salesperson
Explanation:
Missionary selling is a form of personal sales in which the salesperson provides information to an individual who will influence the purchase decision. This is an indirect sales technique; the goal is not to close a sale, but merely to get information into the hands of a key decision-maker. Robin is providing information to restaurants in order to "Help Them" to buy her company's wine.
Answer: a) a commitment to the owner and are standardized.
Explanation:
Futures are generally traded through Exchanges as opposed to Forwards which are not.
Futures are a commitment to the owner to buy or sell an underlying asset and as they are sold at Exchanges, they are standardized to allow for easier trading. The prices that the sellers are to get are certain as the Exchange protects the transaction.
Unlike Forwards that can be tailor made to the specifications of the owner, Futures come as already made and standardized and so are not tailor made. This is to enable as many participants as possible.
This is why option A is correct because Futures contain a commitment to the owner and are standadized as well.
Answer:
employees
Explanation:
In a flat organizational structure, unlike the hierarchy structure, the decision making occurs at the staff level; there is no power of a manager. The employees in a flat organizational structure are given significant authority with little to no supervision.
So as an organizational structure flattens, power that was formally intended for managers, is therefore repositioned the employees of the network.
