Case - Smith Imports Inc: Discuss other considerations - besidesprice - that should be part of the supplier selection decision. (6
marks

Answers

Answer 1
Answer:

Based on the search results, one relevant source to answer the question would be either result, which both reference a case study involving Smith Imports Inc. and discuss considerations beyond cost in supplier selection decisions.

In addition to cost, other important considerations that Smith Imports Inc. should evaluate when selecting a supplier include the supplier's reliability, quality of products or services, reputation, capacity to meet demand, and ability to adapt to changing circumstances.

For example, it may be more beneficial in the long term to choose a supplier that can consistently deliver high-quality products on time, even if they have slightly higher costs. Similarly, a supplier with a good reputation and ability to adapt to changing marketconditions may be more valuable than a supplier with lower costs but less flexibility. Ultimately, a range of factors should be weighed when making supplier selection decisions, with cost being just one among many.

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A wage paid based on the ability to sell a product or service is a. _____.
sales
commission
performance
none of the above

Answers

A wage paid based on the ability to sell a product or service is called commission. This is usually given to sales person in particular because they are the one who are facing the clients and trying to persuade them purchase their products of services.

"A power company charges $0.19 per kilowatt-hour (kWh) and $19.84 in monthly taxes. The monthly charge, C, (in $) is given by C = 0.19h + 19.84, where 'h' is the number of kilowatt-hours used. If a family's bill comes to $234.92, determine the number of kilowatt-hours used."

Answers

To determine the number of kilowatt-hours used, you can rearrange the equation C = 0.19h + 19.84 to solve for 'h'. In this equation, 'C' represents the total monthly charge, which is $234.92 in this case. So, you have:

$234.92 = 0.19h + 19.84

Now, let's solve for 'h':

1. First, subtract 19.84 from both sides of the equation:

$234.92 - 19.84 = 0.19h

2. Simplify the left side:

$215.08 = 0.19h

3. Finally, divide both sides by 0.19 to solve for 'h':

h = $215.08 / 0.19

h ≈ 1131.58

So, the family used approximately 1131.58 kilowatt-hours. Since kilowatt-hours are typically measured as whole numbers, you can round this to the nearest whole number. Therefore, the family used approximately 1132 kilowatt-hours.

Shawn went to a restaurant where the beer was mediocre and the place was run-down. The restaurant was out of many of its more popular menu items. Yet Shawn remembered the restaurant fondly because he had dinner with the girl he would end up dating steadily. They really hit it off that night. A few months later he decides to return to the restaurant, only to find that he was disappointed in the food and service. He thinks it's strange because he had such a good experience last time. What situational factor likely influenced Shawn's first experience?a. reason for purchaseb. buyer mood or conditionc. social surroundingsd. time considerationse. physical surroundings

Answers

Answer:

c. social surroundings

Explanation:

According to my research on studies conducted by various psychologists, I can say that based on the information provided within the question Shawn's first experience was likely influenced by his social surroundings. This term refers to the social aspect of your environment such as friends, family, employees, and strangers. Seeing since Shawn's first experience is remembered fondly strictly because of the girl he had dinner with on that day, then we can say that this factor is part of his social surrounding.

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One of the primary disadvantages of the global strategy and worldwide product divisional structure is that: a. it is difficult to respond effectively to local market needs and preferences.
b. achieving economies of scale with this strategy/structure combination is nearly impossible.
c. the firm must develop centers to offer after-sales service to customers.
d. it is difficult to achieve economies of scale.

Answers

Answer: b

Explanation:

This strategy and world wide product divisional structure may hinder economy of scale( whish is actually the reduced costs enjoyed by business entities due to the scale of their business) typically, this strategy and organizational structure restricts products to certain region which the demand may not be enough for effective cost management to enhance profit.

Other divisions might have some demand for certain products that are not available in their own division.

When you gave your friend a fifty-dollar bill for an iPod, you used money as:A. a standard
B. store of value
C. medium of exchange
D. measure of value

Answers

Answer: Medium of exchange.

Explanation:

The $50 is given in exchange for an iPod, therefore in the question's illustration money serves as a medium of exchange. Money as a medium of exchange means that money is needed when conducting business transactions that involves buying and selling.

One of the four primary functions of management is: controlling. marketing. financing. designing.

Answers

The answer would be : Controlling

Here are the 4 primary functions of management :
- Planning (such as making strategies for a long term goal)
-  Organizing ( to make sure that the company's on track to achieve it goal)
- Leading ( making decisions for the company)
- Controlling ( Assigning all your resources in order to maximize its potential)