Answer:
The bureaucratic control system
Explanation:
bureaucratic control system can be regarded as a formal system of control that are been used in the accessment of the performance of employee in an organization. It involves the using of rules, records as well as rewards to influence , hierarchy of authority and written documentation in the performance accessment.It should be noted that bureaucratic control system involves Influencing behavior through norms and expectations set by the organization’s culture.
Answer:
<em>1</em><em>.</em> <em>Reduce</em><em> </em><em>buyer </em><em>order </em><em>processing</em><em> </em><em>cost</em>
<em>2</em><em>.</em><em> </em><em>Reduced </em><em>marketing</em><em> </em><em>cost</em><em>s</em>
<em>3</em><em>.</em><em> </em><em>Timely</em><em> </em><em>supplier</em><em> </em><em>information</em>
Answer:
The best answer choice to the question: Which of the following events could transform the price floor from one that is binding to one that is not binding? would be, B: Traditional land line phones become more expensive.
Explanation:
Governments make economic decisions all the time, and generate policies on all matters pertaining to markets, in order to maintain a balance. Sometimes, due to specific circumstances, products can become less necessary, or less interesting, for buyers, be it because the prices are too high for the product, be it because there is little money to spend on certain items, or be it because other items on the market can replace the product on offer. To regulate this, governments thus bind products, and pricing, to encourage the consumption of one, or another product, and thus maintain an economic balance. In this case, cellular phones have become less interesting to consumers because using landline phones is cheaper and more effective, so they do not need cellphones. The government, to maintain the economy, places a floor on pricing, and the way to make this measure not binding, is by making traditional landline phones more expensive than cellphones, thus motivating people to buy more cellphones.
Answer:
2,421.89
Explanation:
Reorder point = Daily demand*Lead time + Z*STANDARD DEVIATION *√(Lead time)
Reorder point = 300*8 + 1.65*4*√11
Reorder point = 2,400 + 21.8897
Reorder point = 2,421.8897
Reorder point = 2,421.89
So, the reorder point for a 95% service level is 2,421.89.