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3 years ago

Does retail storage with customer pick up pose any risk for distribution network?

1 answer:

4 0

Inventory cost is higher than all other options. If there are many small players at the customer stage, each requiring small amount of the product at a time.

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In the context of the vertical structure of a firm, a wide span of control builds a _____ organization with few reporting levels

Natali5045456 [20]

Answer:

flat

Explanation:

In a vertical structure of organization, there is a pyramidal top-down structure

whereby there would be be owner at top i.e CEO, a manager at middle section as well as supervisor and employees at the bottom section.

It should be noted that In the context of the vertical structure of a firm, a wide span of control builds a flat organization with few reporting levels.

3 0

3 years ago

The resources that contribute to the creation of wealth are known as ______.

vodka [1.7K]

<span>production coefficients.

factors of production.

production technologies.

production aggregates.</span>

7 0

3 years ago

Read 2 more answers

When considering marketing's place in the economy, what is the most important role the marketing function plays?

poizon [28]

Answer:

B. Creating value for customers.

Explanation:

Marketing is all about building values for customers. Its about creating customer relationships which are profit generating. Any company or brand has a value proposition. It is the set of benefits the company promises to deliver to the consumer to satisfy his/her needs. Thus marketing is the bridge which connects the brand with the customers perceived value of the brand. It makes sure the customer pledges loyalty to the brand, by delivering on its promises on the value proposition. Thus, the most important role that marketing plays in the economy is Creating Value for Customers.

5 0

3 years ago

A ball rolls across a floor with an acceleration of 0.100 m/s2 in a direction opposite to its velocity. The ball has a velocity

lilavasa [31]

Answer:

a. 4.15 m/s.

Explanation:

Given the following data;

Acceleration, a = -0.100 because it's in the opposite direction.

Final velocity = 4

Distance = 6

To find the initial velocity of the ball, we would use the third equation of motion;

$V^{2} = U^{2} + 2aS$

Where;

V represents the final velocity measured in meter per seconds.

U represents the initial velocity measured in meter per seconds.

a represents acceleration measured in meters per seconds square.

S represents the displacement measured in meters.

$V^{2} = U^{2} + 2aS$

Making U the subject, we have;

$U^{2} = V^{2} - 2aS$

Substituting into the equation, we have;

$U^{2} = 4^{2} - 2*(-0.100)*(6)$

$U^{2} = 16 + 1.2$

$U^{2} = 17. 2$

Taking the square root of both sides;

U = 4.147m/s ≈ 4.15m/s

Therefore, the initial speed of the ball is 4.15m/s.

7 0

3 years ago

According to the definition of profit, if a profit-maximizing firm will always attempt to produce its desired level of output at

Leona [35]

Complete Question:

According to the definition of profit, if a profit-maximizing firm will always attempt to produce its desired level of output at the lowest possible cost, then it will

Group of answer choices;

A. do so regardless of what type of competition exists in a market.

B. take a long-run perspective on costs, when such costs cannot be adjusted.

C. take a short-run perspective on labor costs which cannot be immediately changed.

D. breakdown its cost structure according to short-run adjustments.

Answer:

A. do so regardless of what type of competition exists in a market.

Explanation:

According to the definition of profit, if a profit-maximizing firm will always attempt to produce its desired level of output at the lowest possible cost, then it will do so regardless of what type of competition exists in a market.

Profit maximization is considered by economists as either a short run or long run process that ultimately influences a firm's price, investment or input costs and level of production that would result in the highest profit.

Hence, a firm makes profit when the total cost used for the production of a product is subtracted from the total revenue generated from the sales of that product.

Mathematically, $Profit = Total Revenue - Total cost.$

Regardless of what competition exists in the market, a firm is only very much concerned with knowing the quantity of goods that it should produce in order to make profits. Having the answer to the above question would help a profit-maximizing firm to produce its desired level of output at the lowest possible cost.

<em>Hence, as the firm sells more of its products, the total revenue is also increasing and thus making more profits with respect to the price level in the market. </em>

4 0

3 years ago