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kap26 [50]
3 years ago
10

volume_upclosed_captiondescriptionfullscreen According to Mikey, the founder of Holden Outerwear, manufacturing products at five

different factories in China resulted in: a.increased paperwork at every step of the shipping process. b.streamlined one-time paperwork to clear customs. c.low-cost shipping and distribution of finished products. d.consolidated shipments which had to be sorted and distributed locally.
Business
1 answer:
Ad libitum [116K]3 years ago
6 0

Answer: a. increased paperwork at every step of the shipping process.

Explanation:

There is no excerpt attached but this should be the answer.

Having five different factories in China means that Holden Outwear would have to transport things to and fro all five factories including raw materials, intermediate goods and finished goods.

This represents a lot of shipping and shipping comes with paperwork. It would therefore be no surprise if the Holden Outwear is having to go through the bane of increased paperwork for manufacturing at five different factories.

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Answer:

b. discounting

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Discounting: It is a mechanism used for determine the present value of money, which is going to be paid in future. As debtor use this mechanism to delay payment of creditor for a certain period of time in exchange of some fees or charge to be paid. As time value of money change and it does not remain same.

There are mainly three type of discounting:

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Answer:

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