Answer: The four crucial Rs of logistics would be: Right Place, Right condition, Right time and Right cost
Explanation: Logistics when referred to in business, is the process that involves how goods are transported from the manufacturer to the end user.
The Rs of logistics imply that in order for logistics to be effective, it has to taken to the Right place, the goods have to be in the Right condition when delivered, the goods should get to the consumer at the Right time and finally the cost of logistics should be reasonably low.
Answer:
See below.
Explanation:
Solve for bottles at $50:
10 × 50
$500 per week
Solve for bottles at $45:
11 × 45
$495
Mr. Porter would make more money by sticking with selling 10 bottles a week at $50 each. This is because the latter requires him to sell one extra bottle and he will still lose $5.
Answer:
A. Yes, it should continue to produce because the firm's revenues cover the total variable cost of $16,000.
Explanation:
A perfect competition is characterised by many buyers and sellers of homogenous goods and services. Market prices are set by the forces of demand and supply. Market participants are price takers.
In the short run ,if price is less than average variable cost, the firm should shutdown.
Also, if total revenue is less than the total variable cost, the firm should shutdown into the short run.
Total revenue = $10 x 3000 = $30,000
Total cost = Fixed cost + variable cost
$36,000 = $20,000 + variable cost
Variable cost = $16,000
Total revenue is greater than total variable cost, so the firm should continue operations in the short run.
I hope my answer helps you
Answer:
C. repetitive production
Explanation:
Based on the information provided within the question it can be said that only in Repetitive Production
will you see at most minor variations implemented. This is because this type of operations uses various machines in a pre-set process to make the product, a small change in the product specifications would require ALL of the equipment to be replaced, rearranged, or modified just to be able to implement the changes to the product. This many times costs more money than what the change will generate.
One form of a collaborative agreement that helps to minimize risk when operating abroad is to freeing up resources so that a company can diversify into more countries.
The internationalization of a business has added risks that require effective risk management for the protection of the company's assets and long-term sustainability in the market.
Some potential risks of operating abroad are:
- Entry barriers
- Bureaucracy
- Legislative barriers
- Cultural barriers
Therefore, by freeing up resources so that a company can diversify in more countries, it increases the possibility of a company adapting to different markets and not just fixing all its resources in a single international market.
This can be a strategy for an organization to gain knowledge, experience and develop better strategies to operate in the international market.
Learn more here:
brainly.com/question/14312691
