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Trava [24]
3 years ago
8

Upstream from Umami Snacks is the set of firms that supply the raw materials, information, and expertise to make the seaweed cri

sps. The recipe for seaweed crisps is quite simple: nori (red seaweed), olive oil, and spices. From its production of wasabi peas and arare, Umami already has a supplier of olive oil and spices, but it needs to find a supplier for the nori. Nori can be purchased from international suppliers in Korea and China and from local suppliers. A number of factors must be considered when choosing a supplier, and often concessions must be made. In the selection of the nori supplier, which two factors should be prioritized? a. Price b. Management style c. Quality d. Payment terms
Business
1 answer:
ICE Princess25 [194]3 years ago
7 0

Answer: A. Price C Quality

Explanation:

The price of available stock for purchase is of paramount importance to the buying company. The price determines the level of profitability and which in essence determines continuity in business.

Qualities of raw material input will equally determines the quality of the output and this affects the firm reputation.

The management style of the supplier and his payment terms can be influenced by the buying company through it's purchasing power, so they are not of much piority compared to price and quality.

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3 years ago
Suppose that production for good X is characterized by the following production function, Q = K0.5L0.5, where K is the fixed inp
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Answer:

B). $12

Explanation:

As per the given data, the AFC(Average Fixed Cost) for employing 25 factors of labor and 16 factors of capital would be $12.

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8 0
2 years ago
Question 2 of 8
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Answer:

This type of income is known as non-operating income in the financial statements

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Non-operating income, as the world implies, is the income that a firm earns from activities that are not related to its main economic activity. An example would be a mall, whose main activity is the rental and management of commercial real estate, earning some income from short-term investments in the secondary market. This interest would be reported as non-operating income, and would be treated as such for financial, accounting, and tax purposes.

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In January 2014, the company Quicken Loans made news by announcing that it would pay $1 billion to the person who submitted the
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Explanation:

6 0
3 years ago
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