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Hatshy [7]
3 years ago
5

Differences between benchmarking and value chain analysis​

Business
1 answer:
ZanzabumX [31]3 years ago
4 0
Value chain analysis is a seeking tool for determining competitive advantage. It uses systematic methods to examine the activities and relationships of the enterprise to find the competitive advantage resources. Benchmarking is an evaluation of their own businesses and the mean to study other organizations.
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Why should you take pictures of your most valuable possessions? (insurance question)
Anna [14]

Answer:

Because if you were robbed and you wanted to show the police the items you lost you could present to them those photos.

If you were also renting out a room to someone and they went snoopin around and broke or stole some of those possessions you can have evidence in court.

Hope it helps! :)

4 0
3 years ago
Individuals and business organizations that buy finished goods and resell them to make a profit without changing the physical ch
marysya [2.9K]

Answer: reseller markets

Explanation: In simple words, re-sellers refers to the buyers buying certain goods with the intention of selling them to anyone else. There are suppliers, retailers and distributors on the re-seller trade.

Re sellers can constrain their acquisitions to one product or company or offer a variety of brands and products.

These are the part of supply chain which makes their profit by adding value in the goods in form of providing any kind of service. For example the retailer provides commodities near the customer place hence charges extra for the time saving customer.

4 0
3 years ago
Bonnie has ordered her monthly supply of medicines through the mail for the past five years. Except for one order, all orders ha
Valentin [98]

The reasoning that Bonnie is using is known as the Inductive reasoning.

Inductive reasoning refers to the type of reasoning which involves drawing of conclusion from previous set of observations on similar incidence.

  • Here, Bonnie expects to receive the order tomorrow based on previous order experiences she had on the medicines supply.

Therefore, the reasoning that Bonnie is using is known as the Inductive reasoning

Read more about Inductive reasoning:

<em>brainly.com/question/8477744</em>

7 0
2 years ago
If a firm has high current and quick ratios, this always is a good indication that a firm is managing its liquidity position wel
ohaa [14]

Answer:

True

Explanation:

Current and Quick ratio shows the liquidity position of the company. It shows that how much assets are available to company to pay off its liabilities if it becomes due in short period of time. High current and quick ratio make the company strong and it will have enough asset to deal with its obligation than with low current and quick ratio.

4 0
3 years ago
Laura is a gourmet chef who runs a small catering business in a competitive industry. Laura specializes in making wedding cakes.
mars1129 [50]

Answer:

The correct answer is the letter a. "Make more than 20 wedding cakes a month."

Explanation:

To maximize profit the marginal price of each cake must equal the marginal cost of each cake. The marginal cost is 300 and the marginal price is 5000/20 = 250. The marginal price of each cake (250) is less than the marginal cost of each cake (300), so Laura needs to make more than 20 cakes to increase her revenue and maximize her profit.

5 0
3 years ago
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