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otez555 [7]
3 years ago
9

Just-in-time inventory (JIT) systems: a. are used only by manufacturing firms. b. provide a buffer stock of inventory for a comp

any. c. save costs by outsourcing inventory management to other companies. d. are used to reduce inventory holding costs. e. always keep extra inventory on hand for emergencies.
Business
1 answer:
Annette [7]3 years ago
8 0

Answer:

The correct answer is d. are used to reduce inventory holding costs.

Explanation:

The Just-in-time inventory (JIT) system is a stock management system where stock is received when needed for production (stock received just in time for production). This inventory strategy increases efficiency and decreases waste by receiving goods only as they need them for the production process, which reduces inventory costs. However its effectiveness lies in accurate demand forecast.

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Price setting involves ______.
Diano4ka-milaya [45]

Answer: Setting prices high enough to cover manufacturing costs and make a profit.

Explanation: The prices of products are influenced by a number of factors, which includes manufacturing costs, the condition of the market presently and the product quality. While setting prices for a products, an organization need to ensure the price set must cover the costs incurred for the production of the products and profits margins. The implication of a product price not covering costs is that, the business will ultimately fail as a result of the exhaust in the organization financial resources. Several strategies are used to determine price of products by organizations, however which ever is adopted must focus on achieving the financial goals of the organization.

8 0
3 years ago
In which stage do you decide whether a business opportunity is a good fit for your personality.
gogolik [260]
The best stage for you to decide if a business is good for your personality is IDENTIFY. So your option is option A. I hope this helps you a lot 
4 0
3 years ago
Read 2 more answers
Use the following cash flow data of Haven Hardware for the year ended December 31, 2015. Cash Dividends $70,000 Purchase of Land
andrew11 [14]

Answer:

cash used for investing activites -12,000

Explanation:

proceed from equipment           76,000

Land acquisition                         -28,000

disbursement on equipment     -60,000

<u>cash used for investing activites</u><u> -12,000</u>

The dividends and stock transaction are part of the financing activites.

The proceed from sales and payment to providor are operating activities

So both of this should be ignore if we are asked for the investing activities.

7 0
3 years ago
Information included in the “About Us” page of a Web site might help you determine which of the following:
TiliK225 [7]

You can find a lot of information on the About Us page of many websites.

However, you would probably not find information about the webmaster's address (typically you won't find this on ANY website) and usually you would not find information about site visitors.

You would expect to find basic information about the organization being represented and you could find information about how credible the organization is and if they are based on facts or leaning to biased information.

3 0
4 years ago
Free rein leaders can be described as:
kodGreya [7K]

Answer:

It is C. Democratic

Explanation:

It is Democratic, because free rein leaders can be described as

One who allows individuals under them to make most of the decisions or a policy of allowing employees/members of an organisation to handle problems by their own judgement.

This tells you that Free rein leaders can be described as Democratic

5 0
3 years ago
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