Answer:
Forecast and planning
Explanation:
An anticipatory model is a model under which market forecast determines the production of products by the manufacturer, and purchases by retailers also determined by forecasts and promotional plans. Since the forecasts are wrong most of the times, anticipatory model usually leads to differences in the actual production of the firms and what they initially planned to produce.
Anticipatory Model is a risky model because anticipation of future events always determines the work to do by the firm.
On the contrary, the Responsive Business Model does not depend on forecasts, but ensure that what to be done are adequately planned and information among firms in the supply chain are properly exchanged. This makes the model not to be risky and ensure doing more than what has already been planned is avoided. Therefore, the aim of the responsive model which also known as Pull Model is to eliminate reliance on forecast.
The major reason the Responsive Model has become popular in supply chain collaborations is that it allows for the customization of products on smaller orders by customers. However, the Anticipatory Model does not give customers any choice or power but to buy or not buy.
Answer:
A
Explanation:
intellectual property
refers to creations of mind: inventions, literary and artistic works, and symbols, names, images , designs used in commerce
Answer:
The answer is energy because when a certain career cluster is added to the National Association of State Directors of Career Technical Education Consortium, it would most likely be because there are a lot of companies that currently need professionals in that career cluster.
Due to environmental problems that are caused by the current energy source (fossil fuels), many companies put a lot of investments in pursuing new technology to replace fossil fuel as the main source of energy. (the current front runners are energy generated from solar or electricity)
Explanation:
Answer:
The price elasticity of supply is 1.42.
Explanation:
The price elasticity of supply is the measure of the degree of responsiveness of quantity supplied to a change in price. It is the ratio of proportionate change in quantity supplied and proportionate change in price.
An economist doing an analysis on the market for original paintings finds that a 7% increase in price will lead to an increase in the quantity supplied by 10%.
Price elasticity of supply
= 
= 
= 1.42
Explanation:
the activity or profession of producing advertisements for commercial products or services.
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