1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
alexandr1967 [171]
3 years ago
10

Ceramic Customs Co. requires a specific type of ceramic to make custom-made tiles. Since only one supplier makes that particular

ceramic, the firm is forced to source all of its supplies from it. The firm tried negotiating the price at which it purchases the material, butfailed to get any reduction on the cost. This is because:
a. the supplier has more bargaining power than the firm.
b. the supply is unlimited.
c. the supply exceeds the demand.
d. the industry has barriers to entry
Business
1 answer:
kramer3 years ago
4 0

Answer:

a. The supplier has more bargaining power than the firm.

Explanation:

This is an example of one of Porters' five forces. The supplier has a monopoly and thus entertains a high market share. This means that the supplier has more bargaining power than the firm as if the firm wants the ceramic there are no alternative options available for the firm; however, if the firm does not want supplies, the supplier can find plenty of firms that may need the ceramic thus making supplier more powerful than the firm.

Hope that helps.

You might be interested in
We believe in creating loyal customers by providing a superior experience at a great value. We are committed to direct relations
Likurg_2 [28]

Answer:

b) mission statement

Explanation:

A mission statement is a formal description that captures all what a company is set out to do in achieving their vision. It is a brief summary of a company’s philosophy, goals and objectives.

A mission statement is what gives a clear direction to a business, as the purpose of a business is well clarified. A mission statement which answers the basic question of “Why does your business exist” helps in increasing employee engagement as well as ensuring the vision of the company is actualized.

The statement of Dell as highlighted in the question above is part of Dell’s mission statement, as it tells why the business exist.

3 0
3 years ago
The image shows a performance graph.
nydimaria [60]

Answer:

C.

Explanation:

just got it right on Edge

6 0
2 years ago
Read 2 more answers
Imagine yourself as a business owner just before an economic event such as a recession or depression. What impact would a sudden
liberstina [14]

An economic depression is when the price of the goods in the market is decreasing. Your income will be less as the prices of the goods are low

8 0
2 years ago
Read 2 more answers
Compare and contrast the product vs. process layouts. What are the advantages & disadvantages? List examples of products tha
Contact [7]

Answer:

Explained below.

Explanation:

With a product layout, equipment breakdown has serious implications because the separate pieces of equipment are closely tied together. If one piece of equipment fails, the line will quickly come to a halt. Consequently, preventive maintenance to reduce the failure rate is advisable. In contrast, a process layout often contains duplicative equipment so that if one particular piece of equipment fails, the work can usually be shifted to another piece of equipment. Consequently, there is less need for preventive maintenance and less need for repair of equipment when it does break down. Moreover, process layouts utilize more skilled workers who tend to take better care of the equipment than the lower-skilled workers do in a product layout system.

* The main advantages regarding the product layouts include:

a. A potentially huge rate of output.

b. Lowering unit costs.

c. Low training costs and a broad span of supervision due to specialization.

d. The low unit price concerning material administration.

e. High utilization of labor and tools.

f. Routing as well scheduling are being built into the design.

g. Accounting, purchasing, including inventory control are routine.

* The main disadvantages regarding the product layouts include:

a. Specialization can lead to dull, repetitive jobs with little opportunity for personal satisfaction or creativity.

b. Workers may have little interest in maintaining equipment or in the quality of output.

c. The system is not particularly adaptable to changes in process design or changes in the volume of output.

d. The system is highly susceptible to shutdowns caused by equipment failure or excessive absenteeism.

e. Preventive maintenance costs and the capacity for quick repairs are necessary to ensure high utilization.

f. Incentive plans tied to individual output are impractical.

* The main advantages regarding the process layouts are:

a. They can manage a variety of processing requirements.

b. They are less vulnerable to equipment failures than product layouts are.

c. The general-purpose tools used often are less costly than the specialized equipment used in product layouts. It is also usually easier and less costly to manage and repair.

d. Specific stimulation systems are possible.

* The main disadvantages regarding the process layouts are:

a. Work-in-process inventory costs can be high (in manufacturing).

b. Routing and scheduling must be done for each new job.

c. Equipment utilization valuations are habitually low.

d. Material handling is slower, less efficient, and more costly per unit than is the case in a product layout.

* Example of product layout includes self-service cafes, car assembly as well as car valeting.

* Example of process layout are milling, drilling, grinding, hydraulic presses, as well as lathes)

7 0
3 years ago
What is the repitition of the elements of art?​
torisob [31]

Answer:

Repeating of elements in a design.

Explanation:

Repetition is defined as repeating a single element several times in a design. In arts, repeat patterns are used by the artists. Repeat Pattern is the repetition of lines, shapes, colors, textures and forms. Artists and designers used patterns to discover their decorative style, to understand their structural form and to communicate their intrinsic beauty so for these reasons repetition is used.

7 0
3 years ago
Other questions:
  • A system where a signature or profile is created from the observation of usage over time. this signature is used as a baseline t
    8·1 answer
  • An appropriate choice of outdoor play equipment for a toddler play yard would be
    5·1 answer
  • Jason is the marketing head at his company. He was working on the promotion of a new product. He had included the print media in
    13·2 answers
  • Transactions involving items produced in the past, such as the sale of a 5-year-old automobile by a used car dealership or the p
    7·1 answer
  • When some consumers see the marketing mixes being offered by various firms as being different, but other consumers consider thes
    15·1 answer
  • Conducting research about an occupation, company, or job can increase your employability.
    10·2 answers
  • Which determines carrying capacity?<br> What is the best skate brand out there
    5·1 answer
  • Following is partial information for the income statement of Audio Solutions Company under three different inventory costing met
    9·1 answer
  • 13. A firm hires its labor in a perfectly competitive factor (or resource) market and sells its product in a perfectly competiti
    11·1 answer
  • The unadjusted trial balance at year-end for a company that uses the percent of receivables method to determine its bad debts ex
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!