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stepladder [879]
3 years ago
11

Some 150 million customers a month visit Amazon and the company passes through $160 billion in sales via its global supply chann

els and partnerships making interorganizational relationships very important to the company. Which interacting organization has a low coordination, low integration, transactional focus
Business
1 answer:
sdas [7]3 years ago
4 0

Answer with Explanation:

Amazon is fastest growing company in the world which has crossed 2 billion customer visits. It has also increased the worth of the company to $1.14 trillions. The supply chain management is where the strengths of the company lies and nobody can match the pricing strategy, quality management and other significant factors that are included in the supply chain management to ensure that the customer is having what they are paying for.

Supply chain management process includes the key partners which includes their suppliers, partners, clients and customers as well who play important roles in the supply chain process by coordinating, integrating systems with each other and are involved in the transaction-al process.

The customers are the one who interact fewer than partners, suppliers, clients, etc because all they do is order a particular product. This is the first interaction of the customer with Amazon and the last interaction is when the customer received the order. So this means they are less interacting party in this process.

Suppliers are continuously contacted and informed about the pricing, supply chain issues, etc so that the company is able to deliver its customers what they are desiring. Supply chain partners also in the process of interacting with Amazon as they have to move products from supplier to the customer. These partners are highly interacted, possess integrating systems and of transaction-al importance to the company.

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describe five ways in which contract management might adds value after the contract award stage of the sourcing process.​
melamori03 [73]

Answer:

The five ways for contract management are:

1 - how buyer and supplier work after contract has been awarded.

2 - Key decisions made.

3 - Risk of misunderstanding and disagreement.

4 - Identify opportunities and improve performance.

5 - Performance evaluation against KPIs.

Explanation:

Contract management is essential for any business to succeed. There are five ways in which contract management will add value after contract award stage. Usually value addition is achieved by the response of buyer and seller towards the services after the contract has been awarded. There should be right individuals involved in decision making process. The performance should be evaluated against the KPI mentioned in the contract. If both supplier and  buyer work with mutual understanding there is very less chance for disagreement and value will be added to the contract performance.

3 0
3 years ago
Consider two firms that compete in Cournot oligopoly. They face inverse demand p(Q) = 120−Q where Q = q1 +q2 is the sum of the t
coldgirl [10]

Answer:

Detailed step=wise solution is given below:

Explanation:

a)

P = 120 - Q = 120 - q1 - q2

MC1 = MC2 = 60

For Firm 1, Total revenue (TR1) = P x q1 = 120q1 - q12 - q1q2

Marginal revenue (MR1) = \partial TR1 / \partial q1 = 120 - 2q1 - q2

Equating MR1 and MC1,

120 - 2q1 - q2 = 60

2q1 + q2 = 60 ............(1) (Best response, Firm 1)

For Firm 2, Total revenue (TR2) = P x q2 = 120q2 - q1q2 - q22

Marginal revenue (MR2) = \partial TR2 / \partial Q2 = 120 - q1 - 2q2

Equating MR2 and MC2,

120 - q1 - 2q2 = 60

q1 + 2Q2 = 60 ............(2) (Best response, Firm 2)

Cournot equilibrium is obtained by solving (1) and (2)

2q1 + q2 = 60 ..............(1)

(2) x 2 results in:

2q1 + 4q2 = 120.............(3)

(3) - (1) results in: 3q2 = 60

q2 = 20

q1 = 60 - 2q2 [From (2)] = 60 - (2 x 20) = 60 - 40 = 20

Q = 20 + 20 = 40

P = 120 - 40 = 80

Market share, firm 1 = q1 / Q = 20 / 40 = 0.5 = 50%

Market share, firm 2 = q2 / Q = 20 / 40 = 0.5 = 50%

(b) HHI Index = (50)2 + (50)2 = 2,500 + 2,500 = 5,000

(c) A monopolist maximizes profit by equating MR with MC.

P = 120 - Q

TR = P x Q = 120Q - Q2

MR = dTR / dQ = 120 - 2Q

Equating MR & MC,

120 - 2Q = 60

2Q = 60

Q = 30

P = 120 - 30 = 90

In a monopoly, HHI = 10,000

Change in HHI = 10,000 - 5,000 = 5,000 (Increase)

(d) When MC = 30, equating MR & MC:

120 - 2Q = 30

2Q = 90

Q = 45

P = 120 - 45 = 75

In a monopoly, HHI = 10,000

Change in HHI = 10,000 - 5,000 = 5,000 (Increase)

6 0
3 years ago
Suppose Larry and Megan are playing a game in which both must simultaneously choose the action Left or Right. The payoff matrix
Aleks04 [339]

Answer:

  • Here, the payoff matrix says, when Megan plays left, the best strategy for Larry is to choose left, (as 6>4)
  • When Megan plays right, the best strategy for Larry is to choose left, (as 6>5)
  • Now, when Larry plays plays left the best strategy for Megan is to play left (as 6>3)
  • When Larry plays plays right, the best strategy for Megan is to play right. (3<5)

Therefore the only dominant strategy for Larry and Megan to choose left.

Therefore,The outcome reflecting the unique Nash equilibrium in this game is Larry choosing left, and Megan choosing left (6,6).

7 0
3 years ago
Movers Company manufactures sneakers. Production of its new sneakers for the coming three months is budgeted as follows: August
telo118 [61]

Answer:

Budgeted overhead cost =$1,250,000

Explanation:

Budgeted overhead for the month of September = Total labour hours × overhead rate per hour

Total labor hours =  standard hours  × budgeted production units

=2.5 hours × 40,000= 125,000

Budgeted overhead cost Total = $10× 125,000 =$1250000

Budgeted overhead cost =$1,250,000

3 0
3 years ago
Read 2 more answers
Pluton makes particular plastics for sale to the public and the government. Basic cost data for a 100-pound drum of one particul
shepuryov [24]

Answer:

Option (D) is correct.

Explanation:

Variable overhead per pound:

= variable overheads ÷ pounds of products to be produced

= 1,200,000 ÷ 1,000,000

= 1.2

Direct labor hours = 20 workers × 175 hours

                              = 3,500

Direct labor cost = Direct labor hours × 24

                            = 3,500 × 24

                            = 84,000

Machine hours = 21,000

Fixed overhead = $3,500,000 per month

Labor related (40%) = 1,400,000 ÷ 3,500 hours

                                 = 400

Machine related (60%) = 2,100,000 ÷ 21,000 hours

                                      = 100

Total cost of conversion:

= Direct labor cost + Variable overheads + Fixed overheads

= Direct labor cost + Variable overheads + (Labor related + Machine related)

= 10 min(24 ÷ 60 min) + (100 × 1.2) + [(400 ÷ 60)× 10 + (100 ÷ 60)× 75]

= 4 + 120 + 66.66666667 + 125

= 315.66666667

8 0
3 years ago
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