Explanation:
A supply chain can be defined as the management of an integrated business network as people, activities, resources and information whose objective is to transport the product or service from suppliers to the customer.
Management must take place strategically, so that the product or service reaches the customer in the right way, in the right quantity and at the right time. Therefore, it is ideal for companies to seek knowledge of each stage of the chain's execution to achieve advantages such as reduced costs and losses.
An effective strategy would be to implement technological systems for tracking and monitoring cargo transports to prevent fraud and obtain greater control over activities.
Answer
The answer and procedures of the exercise are attached in the following archives.
Explanation
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Answer: The answer is a market structure in which a very few large sellers dominate the market.
Explanation:
Oligopoly : This is a market structure in which there are few producers of product with close substitute.There are two forms of oligopoly which includes, oligopoly who produce homogenous goods and differentiated goods respectively. Since,the number of competitors in oligopoly is small the reactions of each producers are more important. They tend to look at the actions of other producers before taken a vital decision.
Oligopoly is a types of imperfect market structure which has the following features
When products are homogeneous there is no special preference, but when the products is branded the consumers have a choice.
A single price reigns where goods are the same .The reverse is the case where goods are heterogeneous goods.
Price cut are for the same product,while price cut can also occur through advertising war fought by competitors in the market.7
<span>Gregory's rules of thumb, which he uses in decision making, are known as heuristics.
Heuristic refers to a solution to a problem - it is something you employ in order to achieve the best results possible. These methods you use may not be perfect, but they will help you do what you intended to do properly.
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Answer:
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Explanation:
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