The answer is: Social networks and related tools
Social media and other related tools allow the companies to provide information regarding their products to a wide variety of consumers segmentation with relatively cheaper price. Due to the low barrier of entry, small businesses often find easier success in marketing through these mediums rather than using traditional media.
The supply chain Management of the strategic sourcing process is sometimes kicked off in response to an entirely new need within an organization.
Explanation:
The main purpose of strategic sourcing is to save money, acquisition process, supplier performance, and minimizing risk.
Based on the seven steps the strategic source processing is performed. They are profile the category means that it defines the categories and commodities in it.
The second step is supply market analysis describes about the cost components of the products or service. Develop the strategy is the next step in which decides where to buy while minimizing risk and cost and how to develop sourcing strategy. The next step is selecting source process which is used as a request for proposal process.
Then negotiate and selection suppliers is used to conduct multiple rounds of negotiation to get a shortlist.
The sixth step is implement and integrate are used for implementation process. The final step is benchmark and track results is the key element for sourcing process.
Answer:
<u>the FDA (U.S. Food and Drug Administration)</u>
Explanation:
The Food and Drug Administration is a federal agency, which is allowed under US law to prevent an operation from going on if it determines that an imminent health hazard still exists.
However, according to the FDA food code, <em>"if immediate corrective action is taken, there is no "Imminent Health Hazard," meaning</em> the operation can get approval from the agency to reopen.
Answer:
Marginal cost, average variable cost, and average total cost will increase. Average fixed cost will not change.
Explanation:
Marginal Cost is the change in total cost as a result of producing one extra unit of output.
Variable cost is cost that varies with output level. Average variable cost = variable cost / quantity produced
Fixed cost is cost that doesn't vary with the level of output produced. Average fixed cost = Fixed cost / quantity produced.
Total cost is the sum of fixed and variable cost. average total cost is total cost / quantity produced.
If the price of supplies increase, the cost of production increases and average total cost, average variable cost and marginal cost would increase.
Fixed cost would remain the same.
I hope my answer helps you
