Answer:
1. provides national and international leadership in purchasing and materials management, particularly in the areas of education, research, and standards of excellence
Explanation:
B.
It says Liza is risk tolerant, therefore it would make sense that she would hold on to these stocks as risk tolerant people often hold onto stocks in the long term.
Answer: Non- price promotion
Explanation: In a non- price promotion, the company offering the product in the market focus on enhancing the quality of product by better service or design etc. rather than lowering the prices of the product.
The objective under this strategy is to capture the market and make a strong customer base.
Thus, we can conclude that the right answer is non price competition.
Answer:
If alpha is 0.2 then 92.6units
If alpha is 0.3 then 91.4units
Explanation:
The calculation can be done by the following formula
F = F + alpha (A-F)
Where
F = Forecast value
A= Actual value
Alpha = exponential smoothing constant
If alpha is taken 0.2
F = 95 + 0.2 ( 83-95)
F = 92.6
If alpha is taken 0.3
F = 95 + 0.3( 83-95)
F= 91.4
Even though the United States has an absolute advantage in producing both refrigerators and shoes, it makes economic sense for it to specialize in the good for which it has a comparative advantage. The United States will export refrigerators and in return import shoes.
<h3>Do all countries have an absolute advantage in production?</h3>
In the production of at least one good or service, almost every nation enjoys an absolute competitive advantage. The key to absolute advantage is low-cost production. For instance, because they can benefit from low labor costs, China and other Asian nations are known to have a distinct advantage in the manufacturing sector.
<h3>What determines a nation's choice to specialize in a particular good?</h3>
When resources are scarce, a country's decision to focus on producing a specific good is also heavily influenced by its comparative advantage. Comparative advantage is based on the idea of opportunity cost, whereas absolute advantage refers to the superior production capabilities of one nation over another.
Does Japan have an absolute advantage in the auto industry?
Japan is said to have a clear advantage in the auto industry if it can produce cars just as well as the United States, but more quickly and with higher quality. The kinds of goods a nation decides to produce are greatly influenced by its absolute advantage or disadvantage in a given industry.
Learn more about U.S. auto industry:
brainly.com/question/19166394
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