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goldenfox [79]
2 years ago
13

One of the more crucial issues within supply management involves encouraging or helping the firm's suppliers to perform in some

desired fashion. The term for this is _______________.
Business
1 answer:
Rama09 [41]2 years ago
6 0

Encouraging or helping supplies to behave in a certain way is known as <u>Supplier management. </u>

<h3>What is Supplier management?</h3>
  • Refers to strategies employed to improve supplier impact by buyers.
  • Is done to get suppliers to act in a beneficial way to buyers.

When a company engages in actions that are aimed at encouraging or helping supplies perform in a fashion that is desired and beneficial, this is therefore supplier management.

Find out more on supplier management at brainly.com/question/25560748.

You might be interested in
Which of these is NOT an example of price discrimination? retirees getting a discount at a local movie theater soup companies se
Gre4nikov [31]

Answer:

A novel printed in paperback that sells for more than the same book in an electronic format

The example contains two different products, one is novel in paper form, and other in electronic form of the novel. Price discrimination occurs when we charge different prices for the same product from different customers. They are completely two different forms of the product which means the product is not identical in term of its form.  

Explanation:

Above mentioned example is definitely does not fall under price discrimination.

<em>Price Discrimination</em>: is offering different prices to different customers for the same good. All of the other examples may falls under price discrimination because they contain same product but for different customers namely, discount at movie theater, soup companies sending coupons, and for the same drug they are charging different prices accordingly.

 

5 0
4 years ago
What are the two views on why asset prices fluctuate so much that they lead to financial crises and bank​ failures?
tester [92]

In one view, the asset prices are objectively based on fluctuating principles, whilst in the certain, psychological factors and prejudices play an important role.

Explanation:

As the rate of interest increases, the price of the investments declines because the yield on risk-free investing can sometimes be greater to buyers. On the other hand, the price of assets is rising as interest rates are falling.

This is usually the interest rate owed by small investors on an approved FDIC portfolio, checking account, term deposit acct or mutual fund of the monetary sector. This is now the so-called US "risk-free" limit for bigger creditors, companies and individuals. Bills for the Treasury.

6 0
3 years ago
Suppose that the firm pays its workers $46 per day. Each unit of output sells for $12. How many workers should the firm hire
Korolek [52]

Solution :

A firm hires labor till a point where the cost of hiring is equal to the value of the additional revenue it produces.

We know ,

the wage rate = cos of hiring an additional worker

the value of the additional revenue that the firm produces = price x (MPI) marginal product of the labor.

Therefore, the firm will hire when :

Wage = value of the additional revenue it generates

Thus, wage = price  x (MPI) marginal product of the labor ...........(i)

Therefore, given :

wage of a worker = $ 45

Price = $ 12

So, 45 = 12 x MPI

MPI = 3.8

So the marginal product of employing three days of labor = 25-18/4-3 = 7

Marginal product of employing four days of labor = 30-25/4-3 = 5

So the 4th day produces less revenue than the cost that it generates.

So, the firm should hire 3 workers.

8 0
3 years ago
What is the present value of​ $12,500 to be received 10 years from​ today? Assume a discount rate of​ 8% compounded annually and
notka56 [123]

Answer:

$5,790

Explanation:

As we know that

Future value = Present value × (1 + rate)^number of years

where,

Present value  = $?

Future value = $12,500

Rate = 8%

Number of years = 10 years

So, the present value equal to

= $12,500 ÷ (1 + 0.08)^10

= $12,500 ÷ 2.1589249973

= $5,790

Basically we applied the future value formula so that the present value could come

8 0
4 years ago
A baker knows that her customers will pay $5 for a loaf of bread, but if the marginal
schepotkina [342]

Answer: Sell at lower price

Explanation:

Marginal Utility is the amount of satisfaction that her customers will get with every additional unit of bread purchased.

If the marginal utility decreases, her customers will buy less bread because to them, it is not as valuable anymore. If she offers her bread at lower prices, the customers would buy more because the new price will align with the lower utility the customers get from the additional loaves.

8 0
3 years ago
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