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3 years ago

What is the extractive industry?

Business

1 answer:

Marta_Voda [28]3 years ago

3 0

Answer:

a global standard for the good governance of oil, gas and mineral resources.

Explanation:

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A team from Quanto Technologies is engaged in an in-person meeting with a team from RealMart Inc. to discuss the purchase of com

kobusy [5.1K]

Answer:

<u>A Sales Call </u>

Explanation:

A sales call refers to a formalized meeting arrangement between the sellers representatives and the prospective buyer, with an intention to clarify the prospects doubts and effect a sale.

Such a meeting is usually a face to face meeting between the sales representatives and the prospective buyer.

In the given case, a sales team from Quanto is engaged in an in-person face to face meeting with a team from Real Mart to discuss purchase of computer hardware.

This represents a case of a sales call being conducted to eliminate buyer doubts and effect sales.

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4 years ago

Chhom Corporation makes a product whose direct labor standards are 0.9 hours per unit and $30 per hour. In November the company

ZanzabumX [31]

Idk this one I’m look up

4 0

3 years ago

Rankings in a search engine, such as Google or Bing, may determine the desirability of a product. In this form of marketing, a c

kherson [118]

Answer: Search Engine Marketing

Explanation:

Search engine marketing (SEM) is a form of Internet marketing that involves the promotion of websites by increasing their visibility in search engine results pages (SERPs) primarily through paid advertising.

They achieve this by finding the most relevant and popular keywords for the site and its products, and using those keywords on the site in a way that will generate and convert traffic.

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3 years ago

The new office supply discounter, Paper Clips, Etc. (PCE), sells a certain type of ergonomically correct office chair. The annua

mrs_skeptik [129]

Solution :

Given data:

Annual demand, D = 180,000 chairs

Ordering cost, F = $ 150 per order

Annual holding cost per unit, C = $25

Lead time of order, L = 5 days

Standard deviation of order during lead time = 30

a). The optimal order quantity

$=\sqrt{\frac{2FD}{C}}$

$=\sqrt{\frac{2\times 150 \times 180,000 }{25}}$

= 1469.69

= 1470 (rounding off)

b). The Z value of the customer service of 90%,

i.e., the probability of 0.90 as per normal distribution table = 1.29

∴ Safety stock = Z value x standard deviation of order during lead time

= 1.29 x 30

= 38.7

= 39 (rounding off)

c). The reorder point

$= \text{Average demand per day} x \text{Demand lead time (day) + Safety stock}$

$=\frac{\text{annual demand}}{\text{300 days}} \times \text{ Demand Lead time (days) + Safety stock}$

$=\frac{180,000}{300} \times 5 + 39$

= 3039

d). The optimal annual total inventory cost

$\text{= Annual ordering cost + Annual Inventory carrying cost}$

$\text{= Number of orders} \times \text{Ordering cost + Average inventory} \times }$ $\text{Inventory holding cost per unit per year}$

$=\frac{\text{annual demand}}{\text{optimum order quantity}} \times \text{ordering cost+}\frac{\text{optimum ordering cost}}{2}\times C$

$=\frac{180,000}{1470} \times 150 + \frac{1470}{2} \times 25$

= 18367.34 + 18375

= $ 36,742.34

6 0

3 years ago

Entering foreign markets requires firms to ascertain foremost how they will attain

coldgirl [10]

The answer is market share. Entering foreign markets will require a certain company or firm to attain their market share because compared to local markets, foreign markets are different and requires strategies and planning—in which, they should do what it takes to attain their market share that is a portion of their market controlled by them.

6 0

3 years ago