Answer:
Disintermediation
Explanation:
Disintermediation is the removal of intermediaries in economics from a supply chain, or "cutting out the middlemen" in connection with a transaction or a series of transactions. Instead of going through traditional distribution channels, which had some type of intermediary (such as a distributor, wholesaler, broker, or agent), companies may now deal with customers directly, for example via the Internet.
Disintermediation may decrease the total cost of servicing customers and may allow the manufacturer to increase profit margins and/or reduce prices. Disintermediation initiated by consumers is often the result of high market transparency, in that buyers are aware of supply prices direct from the manufacturer. Buyers may choose to bypass the middlemen (wholesalers and retailers) to buy directly from the manufacturer, and pay less. Buyers can alternatively elect to purchase from wholesalers. Often, a business-to-consumer electronic commerce (B2C) company functions as the bridge between buyer and manufacturer.
However manufacturers will still incur distribution costs, such as the physical transport of goods, packaging in small units, advertising, and customer helplines, some or all of which would previously have been borne by the intermediary. To illustrate, a typical B2C supply chain is composed of four or five entities. These are the supplier, manufacturer, wholesaler, retailer and buyer.
Answer:
D. The dollar appreciates against the Hungarian forint.
Explanation:
If after investing, it happens during the next two months that the dollar invested by the American company appreciates against the Hungarian forint.
It would imply that the company will earn less than 8 percent on its investment.
Answer:
Confrontation
Explanation:
Confroning a person is better than talking in publoc due to lots of People listening
The effect on General Ledger with the creation of the new inventory item "Birdbath" on March 15, when beginning inventory of 25 units at a cost per unit of $23.82 recorded by Erin, is the overstatement of the Ending Inventory by $595.50.
Data and Calculations:
Date Description Units Unit Cost Total Cost
March 15 Beginning Inventory 25 bags $23.82 $595.50
April 20 Purchase 80 bags $8.00 $640.00
June 12 Purchase 75 bags $8.25 $618.75
June 15 Sale 125 bags
Ending inventory in units (correct balance) = 30 bags (155 - 125)
Ending inventory in units (per records) = 55 bags
Thus, the overstatement of the Ending Inventory by $595.50 makes the General Ledger balances to disagree.
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Some of the characteristics are:
1. Labour is original and indispensable factor of production
2. Labour is an active factor of production
3. Labour is perishable than any other commodity 4. Labour cannot be separated from the labourer and Others.
Characteristics
1. Labour is original and indispensable factor of production:
Labour is original and indispensable factor of production without it the work of production is not possible.
2. Labour is an active factor of production:
Land and capital are considered as the passive factor of production, because they alone cannot start the production process. Production from land and capital starts only when a man makes efforts. Production begins with the active participation of man
3. Labour is perishable than any other commodity:
Labour is more perishable than other factors of production. It means Labour cannot be stored. The Labour of an unemployed worker is lost forever for that day when he does not work.
4. Labour cannot be separated from the labourer:
Land and capital can be separated from their owner, but Labour cannot be separated from a labourer. Labour and labourer are indispensable for each other. For example—It is not possible to bring the ability of a teacher to teach in the school, leaving the teacher at home. The labour of a teacher can work only if he himself is present in the class.
Explanation:
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