Answer:
The classification of the given problem is discussed in the following subsection on the explanation.
Explanation:
It's also certainly expected that Jane's cooperative strategy for dealing with supplies will operate. The majority wins all strategy in today's global marketplace is riddled with a lot of consequences. Customer demand has become increasingly dynamic as well as any company that also has subcontractors prepared to fight from them will be guaranteed to win over the lengthy period.
- Reducing supply volatility is yet another aim that could only be accomplished in partnership with either the distributors. In today's climate, the buying process appears to backstop these dangers toward both, instead of just place itself as being a cost-effective component.
- There are also several actions she could take toward adopting a coordinated approach. Every one of those needs to begin with construction dignity and loyalty. Accountability to something like the consumer side is therefore a preliminary stage that would also help providers manage ahead.
- Providers who act very much like clients should be adequately compensated. Steps such as volume obligations for reduced costs, first rejection liberties, etc. must be urged to strengthen the supplier relationship.
Answer:c. continue to operate her business, but in the long run she will probably face competition from newly entering firms
Explanation:
Monthly revenue = $4500
Monthly Variable costs = $1000
Monthly Revenue is higher than Monthly Variable Costs, Susan's catering business will earn an economic in the short run. SHE should continue to operating.
Susan will face competition in the long run because other firms will want to enter the market because of economics profits in the catering industry.
<span>Human capital is the term that refers to the knowledge, education, training, skills, and expertise of a firm's workers.
</span>Gary Becker, an economist from the University of Chicago has popularized this term. <span> The human capital includes assets of individuals that can be used to create economic value for the individuals, their employers, or their community: </span>
