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GrogVix [38]
4 years ago
6

Explain just in time(JIT) approach?

Business
1 answer:
amm18124 years ago
6 0
<span> is an inventory </span>strategy<span> companies employ to increase efficiency and decrease waste by receiving goods only as they are needed in the production process, thereby reducing inventory costs.</span>
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When managers of firms in a competitive market observe falling profits, they may infer that the market is experiencing a. a viol
Oliga [24]

Answer:

c. the entry of new firms

Explanation:

  • The entry of the new firms in the market creating a  market supply curves to shift to the right side and as the curve shifts the markets price then starts to decline with it  
  • This declines the economic profits in the new and the existing firms as long as the profits exists  in the markets and entry will continue to shift to supply to the right.
  • The diversification of the melt and the fall in the monopoly of the firms start to take place.  
  • They take up resource ownership and technological developments. In short, they increase the competitiveness and bring rivalry into the market.
7 0
4 years ago
Jeff has been a project assistant for XYZ Corporation for five years. Recently he was asked to train Harriet, a new employee. He
Monica [59]

Answer: (C) Expert

Explanation:

 The expert power is basically based on the power of an employee  where the employers in an organization contain the knowledge and they are specialized in their skills.

The power an expert has the great asset in which the managers are able to handle leadership quality and manage all the work among their team.

The expert power is one of the most important power as compared to the reward power as it lead the employees more effectively and encourage them to perform tasks.

Therefore, Option (C) is correct.  

6 0
4 years ago
Skysong, Inc. had net credit sales during the year of $1090600 and cost of goods sold of $604000. The balance in accounts receiv
blagie [28]

Answer:

8.2 times

Explanation:

The first step is to calculate the average receivable

= $114,000+$152,000/2

= $266,000/2

= $133,000

Therefore the accounts receivables turn over can be calculated as follows

= net sales / average receivable

= $1,090,000/$133,000

= 8.2 times

Hence the account receivable turnover is 8.2 times

7 0
3 years ago
You bought a piece of land at $2,000,000. You plan to build a 80,000 square foot building at cost of $180 per square foot, all i
solmaris [256]

Answer:

present value 15.826 million

r = 10.42 % = IRR

Explanation:

The problem requires a long solution. I have to use microsoft word for the solution. and its so explanatory on it.

Download docx
8 0
4 years ago
Read 2 more answers
when sony released the playstation 4, it was reported that sony was taking a loss of $60 on every ps4. however, sony expected to
PolarNik [594]

The loss of Sony on Playstation is covered by the gain on PS+ sales. The profit from PS+ is interdependent on sale of Playstation.

<h3 /><h3>What is interdependence?</h3>

Interdependence is the state of being dependent on a thing. In the scenario provided the sale of PS+ that is the games can only be sole when the Playstation is sold. This makes the sale of PS+ interdependent on the sale of Playstation.

Interdependent goods are dependent on other product for sale and a sale of one would result in the sale for the interdependent good.

The loss made on sale of Playstation of $60 can be recovered easily by the sale of PS+ as all the purchaser of Playstation will be spending a good amount on the purchase of PS+ which makes the loss profitable for Playstation Company.

Learn more about interdependence at brainly.com/question/27251361

#SPJ1

8 0
2 years ago
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