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erastova [34]
3 years ago
7

A construction supply company is adopting a just-in-time inventory system. Mitch Wallace, the president, has decided that restoc

king only when items fall below a specific level will save the company thousands of dollars in inventory costs. He knows that his employees will be more comfortable with this change if their supervisors understand it fully. Mitch calls a management meeting.
What purpose will this meeting serve?

A. Information review and presentation
B. Motivation
C. Problem identification
D. Intensive problem solving
Business
1 answer:
MAVERICK [17]3 years ago
7 0
<h2>"Information review and presentation" is the right answer</h2>

Explanation:

Let us understand the purpose. The purpose here is that, Mitch has brought some new system, which would make the employee feel more comfortable in work and would gain profit to the organization also.

Information review and presentation:

This is the right answer because, Mitch has brought an "inventory system" and he wants his supervisors and his team to learn it.

Motivation:

Here there is no need of motivating supervisors or employees under him/her.

Problem Identification:

Here are there are no issues to solve. There is some new implementation which Mitch wants to share.

Intensive problem solving:

There is no problem to solve and the meeting is called to give an idea of the new system.

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If the absolute value of the own price elasticity of demand is greater than 1, then demand is said to be:
OLEGan [10]

Answer:

A. elastic.

Explanation:

Elasticity of demand measures the responsiveness of quantity demanded to changes in price.

Demand is elastic when a change in price leads to a change in quantity demanded. The coefficient of elasticity for elastic demand is usually greater than one.

Demand is inelastic when a change in price has no effect on quantity demanded.

The absolute value of the coefficient of elasticity for inelastic demand is usually less than 1.

Demand is unitary when a change in price leads to an equal proportional change in quantity demanded.

The absolute value of the coefficient of elasticity for unitary demand is usually equal to one .

I hope my answer helps you.

8 0
2 years ago
Suppose the real risk-free rate is 3.00%, the average expected future inflation rate is 5.90%, and a maturity risk premium of 0.
never [62]

Answer:

the rate of return that expected on one year treasury security is 9.00%

Explanation:

The computation of the rate of return that expected on one year treasury security is as followS

= Risk free rate + average expected future inflation rate + maturity risk premium

= 3.00% + 5.90% + 0.10%

= 9.00%

Hence, the rate of return that expected on one year treasury security is 9.00%

Therefore the correct option is d.

And, the rest of the options are wrong

5 0
2 years ago
Carrie attends Grant University. She works 22 hours each week at Freight Unlimited and makes $12 per hour. How much money will s
Goryan [66]

The answer is 4,752 :)

hope it helps!

7 0
3 years ago
Dmitri was complaining about his workload before the staff meeting began. Later, when the manager announced that 12 parking spac
Digiron [165]

Answer:

A

Explanation:

4 0
3 years ago
Twenty years ago, you began investing $250 a month. because your investments earned an average of 8 percent a year, your investm
DaniilM [7]
You invest $250/mo. over 12 months that equals $3,000 invested per year.
$250*12=$3,000/per year invested
$3,000 per year for 20 years equals $60,000 invested.
$3,000*20=$60,000 invested
8% of $60,000 is $4,800/per year.
0.08*$60,000=$4,800
$4,800 per year for 20 years equals $96,000 dollars earned on investments over 20 years.
3 0
3 years ago
Read 2 more answers
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