Answer:
Supply chain management is the coordination, management and strategy that drives the flow of data, information, resources and materials to deliver the best product and service to all stakeholders in the process of converting raw goods to a salable product and delivering it to the ultimate customer. There are three main flows of supply chain management: the product flow, the information flow, and the finances flow. The product flow involves the movement of goods from a supplier to a customer. This supply chain management flow also concerns customer returns and service needs.
Explanation:
Answer:
B) $2,850
Explanation:
1: Find the discount: $3,000*5% = $150
2: Subtract the discount: $3,000 - $150 = $2,850
<span>If supply for a product is high but demand is low, the one that most likely needs to happen to achieve equilibrium is: B. The price of the product must go down.
High supply of product will create an abundance in the market. By lowering the price of the product, it will attract more consumers for that product (icnreasing its demand) and will eventually lower the product abundance and bring the curve into equilibrium</span>
Answer: Sole Proprietership
Explanation:
A Sole proprietership offers the best chance of decision making because decisions are made by one person, the owner.
Whereas:
A Corporation is a company and a company's decisions are made by mainly the chief executive Officer together many other board members hence there is no chance for quick decision making in a company since a lot of people have to approve of the decision.
A general and limited partnership consists of 2 or more owners hence a lot of people are involved in making the decision.
