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fenix001 [56]
3 years ago
5

What is the wholesaling industry??

Business
1 answer:
FromTheMoon [43]3 years ago
4 0
Wholesaling is the opposite of retailing. In a wholesaling industry, goods or products are being sold, and distributed to retailers. The wholesalers receives large quantities of these products and they are the ones who sells these to the retailers which are then sold to consumers. Hope this answers your question.
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Upstream from Umami Snacks is the set of firms that supply the raw materials, information, and expertise to make the seaweed cri
wolverine [178]

<u>Solution and Explanation:</u>

The  Price and the Quality

For selection of vendor for the Nori, the prioritized factors are Quality and Price.

Quality is the essential factor for the product and without adequate quality, the product cannot survived in the market. hence quality of the product is of higher priority.

Price is the key element for vendor selection, as it is the base on which the decision of the suplier is being made. Price decides the business viability and it develops the platform for the business. So price is of higher priority factor for the vendor selection for the Nori product.

4 0
3 years ago
Imagine that the U.S. Congress, recognizing the importance of being well dressed, started giveing preferential tax treatment to
andrezito [222]

Answer:

Part a.

If the Congress of country U to clothing insurance gives a preferential tax treatment, and the insurance company agrees to pay 80% of the clothing expenses and the tax subsidizes the insurance premium, it will result in increase in the consumption of clothes, because people will buy clothes as if they were free.

With this change in behavior there will be decline in economic efficiency because purchasing of formal and expensive clothing is not done on a regular basis, with clothing insurance people will buy less costly daily wear clothes at subsidized rates or for free and the price of clothes will decrease.

Part b.

People who can pay for the 20% remaining cost of clothes will buy insurance clothing and those who can pay the premium. Moreover, the rich will over consume than the poor because they are the ones who will give more importance to good clothing.

Part c.

If a person spends $2000 on clothing the clothing, insurance cost will be more than $2000 because higher the probability of claim higher will be the premium charged by the insurance company.

Part d.  

This is not a good idea by the Congress of country U because good clothing is something every person would like to have. Like in health insurance, people should be insured for big life threatening health issues and for minor health issues people should pay out of their pockets, because people take health insurance benefits for minor health issues since health is more or less free in the COUNTRY U. The high premium costs and high prices are completely ignored.

7 0
2 years ago
Collin was hired to work on data analytics, but once he started, the job quickly changed to project management. His supervisor n
allochka39001 [22]

Answer:

A) Person

Explanation:

Collin's supervisor will have to determine his individual needs and readiness for training. This process is called person analysis.

6 0
3 years ago
Initially, a competitive industry that has 1,000 firms is in long-run equilibrium. Then 100 firms in the industry adopt a new te
antoniya [11.8K]

Answer:

The correct answer is: declines; higher economic; will incur losses.

Explanation:

A perfectly competitive firm has 1,000 firms that are operating in the long-run equilibrium.  

Out of these firms, 100 firms have adopted a new technology that has caused their average cost of production to decline.  

These firms will be able to produce more output at the same cost. As a result, their supply will increase, this will cause the price to decline.  

The firms with new technology that are facing a lower average cost of production will earn positive economic profits as they have lower costs.  

The firms with old technology that have higher production costs will incur economic losses as they have higher costs.

7 0
3 years ago
_______ data would be useful for creating a report containing last year's revenue, which won't be changing.
dsp73

I guess the answers are B and B.

7 0
3 years ago
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