Answer:
The correct answer is (A)
Explanation:
JIT stands for just in time; it is a process which is used to handle and coordinate the inventory management. The main goal is to handle the inventory efficiently to improve the flow of the system in a timely manner and to eliminate discrepancies in the inventory management system. Overall, it helps to eliminate the disruption and to make the system flexible and smooth.
Answer:
1) Luxury
2) Necessity
Explanation:
1)The hair tie is a luxury good for Mike because Mike has a income elasticity of 5 which means that if mike's income decreases 1% his demand for the good decreases 5%, which shows that his demand for this good is highly sensitive to his income which is a characteristic of luxury goods, as you only buy luxury goods when your income increases.
2) It is a necessity for Sally because her income elasticity to the good is 0.2 which means every 1% change in income changes her demand by just 0.2%, which shows demand is not very sensitive to income and the quantity she buys them in dont rely much on her income, which is a sign of a necessity, you buy a certain amount of necessities regardless of your income.
Environmental markets can support international collaboration on energy technology to stable destiny strength materials and mitigate their environmental impact, such as via improved energy.
<h3>What do you understand about environmental markets?</h3>
Environmental markets can be defined as a progressive coverage method to leverage investment for environmental conservation on non-public lands. They can function as a supplement to conventional conservation programs.
thus, Environmental markets can support international collaboration on energy technology to stable destiny strength materials and mitigate their environmental impact, such as via improved energy.
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The responsibility for evaluating new technologies, new ideas, and new capabilities and identifying those that are most relevant to the organization is typically assigned to the <u>Chief technology officer (CTO)</u>
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The chief technology officer (CTO) is the highest technical leadership position within a company, leading the technical or engineering department. Create policies and procedures and use technology to improve our external customer-focused products and services.
The Chief Technology Officer (CTO) is the executive responsible for overseeing the entire IT department and integrating business needs and requirements into IT planning and operations. It's important to distinguish their role from that of the Chief Information Officer (CIO). The Chief Information Officer (CIO) role focuses on technology that internally guides an organization through the management of its infrastructure. The Chief Technology Officer has a job description focused on developing technologies for customer sales and the external growth of the company. The CTO and her CIO often combine their technical and engineering knowledge to work together for the benefit of the entire organization.
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I think it's most likely to be A (better working conditions), free trade agreements exist when countries agrees to trade imports/exports with no barriers such as tariffs and quotas, e.g. ASEAN.
I hope to helped you!
