The innovation of Transportation and Communication act as catalyst for Market Revolution in the 18th Century.
The term "Market Revolution" describes a fundamental transformation to the U.S. economy in the 18th and 19th Century as a result of widespread mechanization of industry and the expansion of various domestic and foreign economic markets.
The revolution brought about an explosive economic growth and new personal wealth in the country.
The impact of the transportation and communication industry brought about the increased improvement in Market Revolution because its speed and lowered the expense of commerce during the period.
Therefore, in conclusion, the Transportation and Communication are the catalyst for the Market Revolution.
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Answer:
$231,000
Explanation:
With regards to the above, the total sales would be;
= Number of units Bradford inc. Is expected to sell × Per unit of ceramic vases
Given that;
Units expected to be sold = 11,000
Per unit of ceramic vases = $21
Total sales
= 11,000 units × $21
= $231,000
Since we were asked to get the total sales, we will simply multiply the per units sold with the units expected to be sold. Other information are not useful for the purpose of calculating the total sales.
Answer:
SUPPLY CHAIN
Explanation:
A supply chain refers to the network between a business and its distributors that manufactures and distributes to the ultimate customer a particular product. This network comprises various actions, individuals, organisations, knowledge, and assets. The supply chain often reflects the measures that it involves to have the products or services to the consumer from its original form.
A supply chain requires a number of steps to even get consumers to obtain a products or services. The measures involve transferring and converting raw resources into finished goods, shipping and selling such items to end users. The supply chain participating organisations include manufacturers, suppliers, distributors, delivery companies, distribution centers and retailers.
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