The Seven Dream concept of the Seven Eleven convenience store is a good supply chain concept that targets e-commerce customer. While most of the e-commerce portal are successful these days, 7 Dream comes as an unique inception. This allows customer to order via online and collect from the store deliveries at their convenience as well. The concept is seem to be more preferred in Japan, where customers have preference towards store delivery of the shipped goods. In fact, the 7- eleven in Japan is more successful than any other countries where the franchise has its stores open.
From the supply chain perspective, I think 7dream concept will be more successful in Japan than in USA. The reason being the urban customer of Japanese market and convenient access for them to store and pick up. For place like USA, where population is sparsely distributed to large area, this supply chain concept will not be very effective. For Suburban population, this model will be very inconvenience as they have to drive a long way to store to collect their deliveries, which they could have easily got home delivered via other such services.
Answer:
At one time, the centrally planned economy of China encouraged farmers to produce iron in their backyards, rather than have factories make iron. This proved unsuccessful, since most of the farmers' iron was of poor quality. Why do you think this approach was unsuccessful? How could this experiment become a success in a free market economy?
The reason why the approach whereby farmers make iron in their backyard could not work out is as a result of not being inclined in that market as they are only skilled in agriculture, also they do not understand the rhetorics of the business.
The experiment would be a success in a free market as anyone is allowed to sell such product, this gives room for competition and helps to price reduction which is good for the consumers, also it would help in improvement of such product's quality because of competition involved
Explanation:
Answer:
C. start-up costs
Explanation:
internet is a source of an easy access to a wide amount of available information, but no internet search will be able to provide B. the number of hours that a person will have to put in to make a start up successful, as it depends from person to person and industry to industry D. support you'll receive from the parent corporation, because again it is a highly variable factor A. the variety of franchise businesses available because it is again a highly varying piece of information
Answer:
Explanation:
The debit and credit balance of trial balance is shown below:
Debit balance = Cash + Rent Expense + Dividends + Salaries Expense + Equipment + Accounts Receivable + Advertising Expense
= $12,850 + $2,400 + $1,500 + $4,300 + $12,935 + $5,700 + $1,370
= $41,055
And the credit balance = Service revenue + accounts payable + common stock
= $23,230 + $2,825 + $15,000
= $41,055
The preparation of the trial balance is given in the spreadsheet. Kindly find the attachment below:
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Determining that the study has a maximization of benefits and a minimization of risks is the best example of how the Principle of Beneficence can be applied to a study employing human subjects.
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Explanation:</u></h3>
The principle of beneficence demands that the human subjects have self-determination. Also if some of the human subjects do not have the power to take decisions, the investigators should make sure that the human subjects are not harmed. The researchers should increase the chances of benefits and decrease the amount of risk.
The research studies which include human subjects, even those that have very little risk should not be taken into consideration if it does not create scientifically valid or presents us new facts. It is very confusing for the researchers to determine when the benefits should be taken into consideration because of the risks and benefits should be sought despite the risks.
