North Korea is the country that borders both China and South Korea.
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When there is more of a product, the price is lowered because the product is not in short supply. However, if there is very little of the product, the price will increase because it is harder to get one's hands on that product because of its scarcity.
The act of delivering to promise meant manufacturing has to interrupt operations to produce a rush order which cause the operating costs to soar is an example of
- silo mentality thinking
- organizing by functions
<h3>What is a silo mentality thinking?</h3>
The thinking is associated with the situation whereby there is an unwillingness to share information or knowledge between employees or across different departments within a company
<h3>What is Organizing?</h3>
This is a function of management that involves developing an organizational structure and allocating human resources to ensure the accomplishment of objectives. The structure of the organization is concerned with how effort is coordinated.
In conclusion, the act of delivering to promise meant manufacturing has to interrupt operations to produce a rush order which cause the operating costs to soar is an example of silo mentality thinking and organizing by functions.
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