Between 2 to 3 is the return on a yearly interest rate investment that is compounded monthly as opposed to compounded yearly .
What is compound interest ?Compound interest is interest that is earned on both the initial principal and interest that builds up over time in a savings account. There may be a difference in the timing of when interest is paid out and compounded. For instance, interest on a savings account may be paid monthly but compounded daily. The account balance plus any interest that has accrued but has not yet been paid out are used by the bank to determine your daily interest earnings.
Over time, you will earn more interest if an account has a greater interest rate and compounding occurs more frequently.
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You sell pies at a farmers' market for $7. 50 each. A group of 5 kids wants to pitch in equally to share one of your pies. How much will each of them need to pay to buy a whole pie together?.
The amount that each of them need to pay to buy a whole pie together is $1.50.
Using this formula
Amount=Selling price of pie/Number of kids
Where:
Selling price=$7.50 each
Number of kids=5
Let plug in the formula
Amount=$7.50 / 5
Amount= $1.50
Inconclusion the amount that each of them need to pay to buy a whole pie together is $1.50.
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How would you describe Snap-On Tools' competitive strategy? Does it fit a price or non price model? Explain
The Snap-On Tools company's competitive strategy can be described as a premium pricing strategy, which focuses on offering high-quality products at a higher price point than competitors.
Snap-On Tools is a well-known company that produces high-quality hand and power tools for professional mechanics and technicians.
Snap-On Tools' target market is professional mechanics and technicians who are willing to pay a higher price for the durability, precision and performance of their tools. They use the strategy of high quality tools, with a lifetime warranty, which sets them apart from their competitors.
This approach helps to create a perception of exclusivity and a sense of prestige among their customers, who are willing to pay more for the company's products because of their quality and durability. Additionally, Snap-On tools has a strong brand image and reputation in the market, which also contributes to the premium pricing strategy.
Snap-On Tools also uses a direct sales model, which allows the company to have a direct relationship with its customers. The company's sales representatives visit their customers on a regular basis, building personal relationships and providing personalized service.
This direct sales model allows Snap-On Tools to understand the needs of their customers and tailor their products and services to meet those needs. Additionally, it also contributes to the premium pricing strategy as the customers are able to see and test the tools before making a purchase.
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Question 2(Multiple Choice Worth 5 points)
(02.06 MC)
In general, what kind of people earn the most money?
O People with skills that are in high demand and high in supply
O People with skills that are in high demand but low in supply
O People with skills that are in low demand and low in supply
People with skills that are in low demand but high in supply
What do short term budgets allow management to periodically evaluate?
Short-term budgets are financial plans that cover a period of time typically less than a year. They are an important tool for management to periodically evaluate the financial performance of a company.
Short-term budgets allow management to set specific financial goals and objectives, monitor and control expenses, revenue, and profitability on a regular basis, and make informed decisions about investments, cost-cutting measures, and growth opportunities. One of the main benefits of short-term budgets is that they provide a framework for management to allocate resources effectively. By setting financial targets and objectives for each department or team, management can identify areas that need additional investment and areas where costs can be reduced. This allows management to allocate resources more efficiently and effectively, which can help improve the overall profitability of the company. Short-term budgets also allow management to plan for contingencies. By setting aside a portion of the budget for unexpected expenses or emergencies, management can ensure that the company is prepared to handle unexpected events that may arise. This can help minimize the impact of unexpected events on the company's financial performance and ensure that the company is able to continue operating even in challenging circumstances. Another important benefit of short-term budgets is that they provide a framework for making informed decisions about investments, cost-cutting measures, and growth opportunities. By setting specific financial targets and objectives, management can evaluate different investment opportunities and prioritize those that are most likely to provide the greatest return on investment. Similarly, short-term budgets allow management to identify areas where costs can be reduced without affecting the quality of the company's products or services.
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Describe factors that encourage conspicuous
consumption by the purchase of status sym-
bols.
Veblen's initial thesis said that better social standing and peer recognition were the two key factors influencing ostentatious consumption.
Conspicuous consumerism is the act of acquiring things or services specifically with the intention of flaunting one's affluence. When publicly exhibited products and services are too expensive for other people in a person's class, conspicuous spending is a way to demonstrate one's social position.
What is the conspicuous consumerism theory?
Conspicuous consumption is defined as. Displaying extravagant riches in order to improve one's standing and reputation in society is known as conspicuous spending.To Learn more about conspicuous consumption, click the links
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Rising interest rates have made borrowing more costly to consumers. As a result
of the most recent increase in interest rates, borrowing and consumption have
fallen throughout the economy, triggering a contractionary period. Growing
uneasy, citizens have been asking Congress to make an official statement as to
how long this contractionary period is expected to last. Which of the following is
an appropriate response?
Answer:
it depends on the measures taken to ensure that economy is stable.
Answer:
1. it is difficult to say since contractionary periods have varying lengths in different business cycles.
2. shock
3. high unemployment
4. two
5. expansion stage of the business cycle
Explanation:
just took it
DO NOT ANSWER THIS QESTION
Answer: ok
Explanation:
In aggregate planning, which one of the following is not a basic option for altering demand? a) subcontracting b) backordering c) pricing d) promotion e) all are demand options
The answer is e) all are demand options. Subcontracting, backordering, pricing, and promotion are all basic options for altering demand in aggregate planning.
In aggregate planning, the option that is not used for altering demand is a) subcontracting. Subcontracting is a supply option rather than a demand option. The other options, such as backordering, pricing, and promotion, are all demand options that can be used to influence the demand for a product or service.
Subcontracting is a demand option that involves outsourcing a portion of the production or service to external parties. This helps in managing fluctuations in demand by utilizing the capacity of subcontractors when needed.
Backordering is another demand option where customers are allowed to place orders for products that are temporarily out of stock. This helps in fulfilling customer demand even when immediate supply is not available, and the orders are fulfilled when the products become available again.
Pricing is a demand option that involves adjusting the prices of products or services to influence consumer demand. Price reductions or promotions can be implemented to stimulate demand during slow periods or attract customers.
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Contemporary governments promote business development by:
Contemporary governments promote business development by establishing a currency that's tradable in world markets. the correct answer is B.
How can governments encourage the growth of businesses?Contemporary governments encourage business development in their country in a variety of ways. This is due to the close ties between government and business, which frequently result in actions taken by one having an effect on the other.
Every effort should be made by the government to keep the economy robust, including through fostering favorable conditions for both small and large businesses. Given this circumstance, the government is prepared with a variety of tools to encourage business activity throughout the economy or in specific industries.
One of these methods is attempting to build a currency that can be traded on international markets so that firms in a country can conduct more trade domestically and internationally.
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What is form utility?
...help
Answer:
Utilities mean useful features, or something useful to the home such as electricity, gas, water, cable and telephone. Examples of utilities are brakes, gas caps and a steering wheel in a car. Examples of utilities are electricity and water.
hope this helped you
please mark as the brainliest (ㆁωㆁ)
Answer:
Form utility refers to how well a product or service meets the customer's needs.
Suppose that the federal reserve conducts an open market sale. Everything else held constant, this will cause the demand for u. S. Dollar to ________ and the u. S. Dollar will ________.
Suppose that the Federal Reserve conducts an open market sale, the demand for U.S. Dollar will decrease and the U.S. Dollar will depreciate.
An open market sale by the Federal Reserve means that they will sell government securities to commercial banks, decreasing the money supply in the economy. This decrease in money supply will lead to a decrease in the demand for U.S. Dollars as people and businesses will have less money to spend. A decrease in demand will cause the value of the U.S. Dollar to depreciate, as fewer people will want to buy it.
Hi! I'm happy to help with your question. The main answer is: An open market sale by the Federal Reserve will cause the demand for U.S. Dollar to increase and the U.S. Dollar will appreciate.
1. When the Federal Reserve conducts an open market sale, it sells government securities (such as Treasury bonds) to commercial banks and financial institutions.
2. This action leads to a decrease in the money supply in the economy, as banks now hold more government securities and less cash.
3. As a result, interest rates in the U.S. increase, as banks have less cash available for lending and demand a higher interest rate to compensate for the reduced supply.
4. Higher interest rates in the U.S. attract foreign investors, who want to benefit from the higher returns on investments in the country.
5. Consequently, the demand for U.S. Dollars increases, as foreign investors need to exchange their local currency for U.S. Dollars to invest in the country.
6. With the increased demand for U.S. Dollars, its value relative to other currencies rises, which means the U.S. Dollar will appreciate.
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At the start of the year, Winston Company’s Allowance for Doubtful Accounts had a credit balance of $14,000. During the year, it had credit sales of $1,500,000. It also wrote-off $60,000 of uncollectible accounts receivable during the year. Past experience indicates that the allowance should be 3% of the balance in receivables. If the accounts receivable balance at December 31 was $300,000, what is the required adjustment to the Allowance for Doubtful Accounts that is needed at year-end?
The required adjustment to the Allowance for Doubtful Accounts at year-end for Winston Company is $9,000.
To determine the required adjustment to the Allowance for Doubtful Accounts, we need to calculate the desired balance of the allowance based on the accounts receivable balance. The accounts receivable balance at December 31 is $300,000, and the desired allowance is 3% of this balance, which is $9,000. The adjustment is necessary to bring the Allowance for Doubtful Accounts to its appropriate level based on the estimated uncollectible accounts.
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Which is most likely the reason why policymakers would impose a a price floor on the market for dairy? Policymakers have thoroughly studied the effects of a price floor in this market and find there will be no adverse effects from this policy. Consumers of dairy feel they would benefit from a price floor and have pressured policymakers to impose a floor on this market. O Dairy farmers feel they would benefit from a price floor and have pressured policymakers to impose a floor on this market. Buyers and sellers agreed that the policy will be mutually beneficial and together have pressure policymakers to impose a floor on this market.
A price floor is the lowest legal price that can be paid in a market.
A price floor is likely to be imposed on the dairy market for the following reasons:
1. Dairy farmers' pressure: Dairy farmers advocate for a price floor as they believe it would benefit them. They argue that a price floor ensures they receive a higher price for their products, protecting their livelihoods and incentivizing them to continue producing dairy. Policymakers are more likely to impose a price floor if there is strong demand from dairy farmers and evidence that it would be advantageous to them.
2. Mutual agreement between buyers and sellers: Both buyers and sellers in the dairy market may agree that a price floor would be mutually beneficial. However, the specifics of the policy might require negotiation to ensure fairness and mutual benefits. Buyers would be willing to pay a higher price for dairy products if they perceive the quality justifies the cost, while sellers would benefit from the higher price. If both parties agree on the benefits of a price floor, they may jointly pressure policymakers to implement it.
Therefore, the most likely reasons why policymakers would impose a price floor on the dairy market are the pressure from dairy farmers who believe it would protect their livelihoods, and the mutual agreement between buyers and sellers that such a policy would be advantageous for both parties.
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List qualities a good manager should have. What are the advantages and drawbacks of being in a position of authority?The qualities of a good manager are:The advantages of being a manager are:The drawbacks of being a manager are:
Exports only account for a small percentage of u. S. Business for which two reasons?.
Companies are unfamiliar with opportunities. Companies are intimidated by language, culture and currency differences.
What percentage of U.S. businesses export?Currently, over 166,384 small enterprises export from the United States, making up about 96% of all exporters and 26% of total exports ($341 billion of $1.32 trillion) (166,384 of 173,459 exporters). Exports only account for a small percentage of U.S.Business.Companies are unfamiliar with opportunities. Companies are intimidated by language, culture and currency differences.For companies of all sizes, exporting can be profitable.Sales generally increase more quickly, more jobs are added, and employees make more money than in non-exporting businesses.Advantage in the marketplace.The United States is renowned throughout the world for its innovative products and services, excellent customer support, and ethical corporate methods.To learn more about U.S. businesses export refer
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all three level of professionals are required to run an organization or a business is smoothly classified as a statement
All three levels of professionals are required to run an organization or a business smoothly. Justify this statement.
Answer:
It is TRUE that All three levels of professionals are required to run an organization or a business smoothly.
The three levels of professional required are:
Top-level management
Middle-level management
Low-level management
Explanation:
Top-Level Management
Top-level managers or professionals are the people that involve in taking an extensive means of actions or decisions for the firm or business as a whole and focus on the long-term success of the business or company. They take up roles such as Chief Operations Officer (COO), ), Chief Financial Officer (CFO), Chief Executive Officer (CEO), etc.
Middle-Level Management
Middle managers or professionals are an essential part of an organization and they are involved in the intermediate management operation whose responsibility involved supervising the lower-level managers to meet the company's goals. For example, they are General managers, branch managers, department managers, etc.
Low-Level Management
Low-level managers or professionals are a core part of organizations, they ensure there is a practical technique and creativity with strong interpersonal skills to maximize particular operational processes to achieve organizational success. For example, they are Office Manager, Shift Supervisor, Store Manager, etc.
Noel was assigned a group project in class. What benefit will Noel get from working with a team?
A Independence
B Increased creativity
D Easy class credit
C Easy decision making
Answer:
B Increased creativity
Explanation: got test
Walmart 2. Analysis of sales, profits, and market share: 3. Analysis of target market(s) 4. Analysis of marketing mix variables 5. Summary of marketing strategy's strengths and weaknesses 6. Implications for strategy development
Walmart is an American multinational retail corporation that runs chains of discount department stores and warehouse stores across the globe. The company was founded in 1962 by Sam Walton and incorporated on October 31, 1969.
It is the world's largest retailer by revenue, with US$514.405 billion, according to the Fortune Global 500 list in 2019. Walmart has a market share of 11% in the US and ranks number one in the Fortune 500 list. Analysis of sales, profits, and market share:
Walmart has a massive market share in the US, with 11% of the retail market share. The company's annual revenue is $514.405 billion, with a net income of $14.881 billion.
The net profit margin is 2.89%, indicating that the company is making a profit from its sales. Walmart's sales have been growing steadily, with a compound annual growth rate (CAGR) of 1.9% from 2014-2019.
Walmart's target market is primarily low and middle-income families. The company has positioned itself as a low-cost retailer that provides quality products at affordable prices.
Walmart has also expanded its target market to include young and tech-savvy customers who prefer to shop online.
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The major feature of zero-based budgeting is that it?
The correct option is (B); Questions each activity and determines whether it should be maintained as it is, reduced, or eliminated.
What is zero-based budgeting (ZBB)?Zero-based budgeting (ZBB) is a budgeting strategy that entails creating a fresh budget from scratch each time, or from "zero," as opposed to beginning with the budget from the prior month and making adjustments as necessary.
Key features of zero-based budgeting are-
The zero-based budgeting (ZBB) methodology helps companies match their spending to their strategic objectives. According to this methodology, firms must create their yearly budget from scratch each year in order to ensure that all of its components are affordable, pertinent, and capable of generating increased savings.With zero-based budgeting, each budgeting cycle is started at zero. This strategy requires explanation of all expenses, not just new ones. The quickest path to achieving your financial objectives is still with a thorough spending strategy.To know more about the zero-based budget, here
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The correct question is-
The major feature of zero-based budgeting (ZBB) is that it
A. Takes the previous year’s budgets and adjusts them for inflation.
B. Questions each activity and determines whether it should be maintained as it is, reduced, or eliminated.
C. Assumes all activities are legitimate and worthy of receiving budget increases to cover any increased costs.
D. Focuses on planned capital outlays for property, plant, and equipment.
Banks that offer their services exclusively through the web are called:
a. Online banks b. Modern banks c. Brick and mortar banks d. Retailer banks
Banks that offer their services exclusively through the web are called online banks.
What is the term used for banks that operate exclusively online?Banks that operate solely through digital platforms, without physical branch locations, are known as online banks.
These banks provide a wide range of financial services, including online account management, digital transactions, and customer support through internet-based platforms and mobile applications.
By leveraging technology, online banks offer convenient and accessible banking services to customers, allowing them to conduct transactions and manage their finances from anywhere with an internet connection.
Online banks have gained popularity in recent years due to their convenience, competitive interest rates, and lower fees compared to traditional brick and mortar banks.
They provide a streamlined banking experience, allowing customers to perform various banking activities without the need to visit a physical branch.
However, it's worth noting that some online banks may have partnerships with physical banks to facilitate certain services like cash deposits or withdrawals.
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When positive externalities are present in a market a. private benefits will be greater than social benefits. b. social benefits will be greater than private benefits. c. only government regulation will solve the problem. d. the market will not be able to generate an equilibrium.
Answer:
b. social benefits will be greater than private benefits
Explanation:
Positive externalities can be defined as those that produce positive effects for society in relation to the consumption of a good or service.
This is because the social benefit is the sum of the private benefit plus the sum of the external benefit.
An example of positive externality pertinent to the present is the fact that vaccinating people generates greater positive effects on society, because when vaccinating an individual there is less chance of having more people infected with some disease.
So it is correct to say that the social benefits will be greater than the private ones. Letter b.
pdq corporation has declared a rights offering to stockholders of record on thursday, july 22nd, payable on monday, august 9th. under the offer, shareholders need 25 rights to subscribe to 1 new share at a price of $75. fractional shares can be rounded up to purchase 1 full share. the last day to buy pdq shares before they go ex rights is:
The last day to buy PDQ shares before they go ex rights is Wednesday, July 20th. This is because in a rights offering, the ex-rights date is typically two trading days prior to the record date, which is Thursday, July 22nd.
In a rights offering, the ex-rights date is the date on which a stock begins trading without the rights attached. The record date is the date on which the company determines the shareholders eligible to receive the rights. Generally, the ex-rights date is set two trading days prior to the record date to allow for settlement and processing. In this case, since the record date is Thursday, July 22nd, the last day to buy PDQ shares before they go ex rights would be Wednesday, July 20th. This means that investors who purchase PDQ shares on or after the ex-rights date will not be entitled to participate in the rights offering and acquire the additional shares at the discounted price
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fwwweeeee brain for u and everybody
Answer:
thanxxx sm
Explanation:
Shirley Lach and Lynwood wiseman formed Man O’ war Limited Partnership
In 1986, Shirley Lach and her then husb-and, Lynwood Wise-man, formed Man O’War Limited Partner-ship for the purpose of leasing real property and devel-oping and operating shop-ping centers.
Robert Miller be-came a general partner along with Wiseman. Lach was one of 8 limited partners. The partners’ owner-ship percentages were Miller, 1%, Wiseman, 32%, Lach, 27%, Jonathan Miller, 9%, Harry B. Miller, 12%, Harvey Morgan, 1 percent, Penny Mill-er, 3 percent, Jeffery Mullens, 1%, Jennifer Miller, 9%, and Sophie Wiseman, 5%. Wiseman, Lach, and Robert Miller also form-ed M.O.W. Place, Ltd., to lease a shop-ping center from the joint venture. In 1988, Wise-man and Lach were divorced, but cont-inued in business together.
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For effective price discrimination to occur, a seller must:
Answer:
In order for effective price discrimination to occur, the seller must have a downward sloping demand curve.
Explanation:
The seller must also have at least two identifiable groups of customers with price elasticities of demand for the product, and the seller must be able to prevent customers from reselling the product.
Randy is retiring and has just received a lump sum of retirement payout of 300000, mutual funds would be the least appropriate to include in his ira account?
A pension in any form—whether taken as a lump sum or as lifetime profits (sometimes referred to as a pension annuity)—or some combination of both is a valuable and increasingly rare benefit. This is an important retirement decision.
So my first piece of recommendation is to take your time and weigh all the options carefully.
How do you calculate pension payout?A normal multiplier is 2%. So, if you work 30 years, and your final average revenue is $75,000, then your pension would be 30 x 2% x $75,000 = $45,000 a year. That $45,000 will become your assured lifetime income.
If you have a 401(k), IRA or similar person retirement financial savings account, your payout choices are commonly a one-time lump-sum payout or ordinary withdrawals from your savings. Some 401(k) plans offer an alternative to convert your savings into a lifetime month-to-month pension payment.
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https://brainly.com/question/18864292#SPJ4Which of the following is not one of the reasons cited for the growth in incarcerated populations?
a. Federal prison growth
b. Increased probability of incarceration
c. Inmates serving more time for each crime
d. Private prisons
The correct answer is: d) Private prisons. In the United States of America, incarceration is a pressing issue as its incarcerated population is one of the largest in the world.
There are several reasons cited for the growth in incarcerated populations such as federal prison growth, increased probability of incarceration, and inmates serving more time for each crime. Private prisons, on the other hand, are not one of the reasons for the growth in incarcerated populations. Incidentally, private prisons are part of the reason for the growth of the American prison system.
Private prisons are a business enterprise where individuals who are found guilty of a crime are kept. These prisons are not funded by the government but by a corporation or company. Inmates are incarcerated to serve their sentences in private prisons.
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Is the inflation rate can be measured by calculating the percentage change in the consumer price index?
The given statement "The inflation rate can be measured by calculating the percentage change in the consumer price index" is true because the Consumer Price Index (CPI) is a widely used measure of inflation that reflects the changes in the average price level of goods and services consumed by households.
The CPI is a measure of the average price level of a basket of goods and services consumed by households. It is calculated by comparing the cost of a fixed basket of goods and services over time, with the base year representing the reference period. When the CPI increases over time, it indicates that the cost of the basket of goods and services has increased and therefore inflation has occurred. The percentage change in the CPI between two periods is a measure of the inflation rate.
However, it is important to note that the CPI is just one of many measures of inflation, and it may not capture changes in the prices of all goods and services produced in an economy. For example, the GDP deflator is another measure of inflation that captures changes in the prices of all final goods and services produced in an economy. Therefore, while the CPI can be used to measure the inflation rate, it is important to consider other measures of inflation as well to get a more complete picture of changes in the overall price level of an economy.
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Please pricing default-able bonds with 2 years, face value (F) of $1,000,000, firm value (V) of 1,200,000. The firm value’s volatility rate is 10% and risk-free rate is 5%. (1) the value of default-able bond; (2) the quasi debt-to-value ratio; (3) the probability of defaulting for the firm of debt issuing
The default-able bond's value can be calculated using the firm's value, face value, volatility rate, and risk-free rate. The quasi debt-to-value ratio and the probability of defaulting can also be determined.
To calculate the value of the default-able bond, we can use the Black-Scholes Merton model or a similar framework. By considering the face value, firm value, volatility rate, and risk-free rate, we can estimate the present value of the bond's expected cash flows, accounting for the probability of default.
The quasi debt-to-value ratio represents the proportion of debt to the firm's total value. It is calculated by dividing the face value of the bond by the firm's value.
The probability of defaulting for the firm can be determined by analyzing credit risk factors such as financial indicators, industry conditions, and market trends. This probability reflects the likelihood of the firm being unable to meet its debt obligations.
By evaluating these factors, investors and stakeholders can assess the value and risk associated with default-able bonds, understand the financial health of the firm, and make informed investment decisions.
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ANSWER PLS TIMED
A management consultant to a large transportation company is considering recommending that the company use the Just-In-Time (JIT) management philosophy throughout its operations. Which of these characteristics of the company would probably support the advice to implement the JIT management philosophy? (Select all that apply.)
the freight of the company is widely varied, as are its destinations
the company owns larger warehouses in some major locations
the company engages in mostly international transportation of goods
the company has recently developed partnerships with new subcontractors in its local hubs
Based on the given options, the characteristic(s) that would support the recommendation to implement the JIT management philosophy are:
The company owns larger warehouses in some major locations:The company has recently developed partnerships with new subcontractors in its local hubsHow to implement the JIT management philosophyJIT involves keeping inventory levels low and only ordering or producing goods when they are needed. Having larger warehouses would allow the company to store smaller quantities of inventory while still being able to meet customer demand quickly.
JIT requires close coordination between suppliers, manufacturers, and distributors to ensure that goods are delivered on time. Developing partnerships with subcontractors could facilitate this coordination and improve the efficiency of the company's operations.
The other options are less relevant to the decision to implement JIT. The widely varied freight and destinations would make it difficult to implement JIT, as it may be challenging to predict demand accurately.
Mostly international transportation of goods may also present challenges for implementing JIT, as it involves longer lead times and more complex supply chains.
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