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- With regard to the above abstract identify the type of collection agreement Metcash Trading entered into with the union.Imagine that you are a manager in a commercial printing company, and you have founda good deal on the ink that your company uses most frequently from a supplier inJapan.• Using the materials from this week’s reading as well as the supplementalresources, consider what shipping terms you should insist be in the contract inorder to limit the risk of loss for your company.• Using the attached Memo template, draft an interoffice memo to the owner of thecompany describing at least three shipping terms you would want to be includedin the contract.To ensure a full line of outdoor clothing and accessories, the marketing department at Teddy Bower insists that they also sell waterproof hunting boots. Unfortunately, neither Teddy Bower nor Teddy Sports has expertise in manufacturing those kinds of boots. Therefore, Teddy Bower contacted several Chinese suppliers to request quotes. Due to competition, Teddy Bower knows that it cannot sell these boots for more than $54. However, $40 per boot was the best quote from the suppliers. In addition, Teddy Bower anticipates excess inventory will need to be sold off at a 50 percent discount at the end of the season. Given the $54 price, Teddy Bower’s demand forecast is for 400 boots, with a standard deviation of 300. If Teddy Bower decides to include these boots in its assortment, how many boots should it order from its supplier? Suppose Teddy Bower orders 380 boots. What would its expected profit be?
- Explain 3 situation in which a purchaser might select a supplier that is having financial difficulties?To ensure a full line of outdoor clothing and accessories, the marketing department at Teddy Bower insists that they also sell waterproof hunting boots. Unfortunately, neither Teddy Bower nor TeddySports has expertise in manufacturing those kinds of boots. Therefore, Teddy Bower contacted several Taiwanese suppliers to request quotes. Due to competition, Teddy Bower knows that it cannot sell these boots for more than $54. However, $40 per boot was the best quote from the suppliers. In addition, Teddy Bower anticipates excess inventory will need to be sold off at a 50 percent discount at the end of the season. Given the $54 price, Teddy Bower’s demand forecast is for 560 boots, with a standard deviation of 460.a. If Teddy Bower decides to include these boots in its assortment, how many boots should it order from its supplier?(Round your answer to nearest whole number.) _________b. Suppose Teddy Bower orders 540 boots. What would its expected profit be?(Round your answer to the nearest…To ensure a full line of outdoor clothing and accessories, the marketing department at Teddy Bower insists that they also sell waterproof hunting boots. Unfortunately, neither Teddy Bower nor TeddySports has expertise in manufacturing those kinds of boots. Therefore, Teddy Bower contacted several Taiwanese suppliers to request quotes. Due to competition, Teddy Bower knows that it cannot sell these boots for more than $54. However, $40 per boots was the best quote from the suppliers. In addition, Teddy Bower anticipates excess inventory will need to be sold off at a 50 percent discount at the end of the season. Given the $54 price, Teddy Bower’s demand forecast is for 400 boots, with a standard deviation of 300. Questions: 1. If Teddy Bower decides to include these boots in its assortment, how many boots should it order from its supplier? 2. Suppose Teddy Bower orders 380 boots. What would its expected profit be? 3. John Briggs, a buyer in the procurement department, overheard at lunch…
- A business marketer (who is ‘out’ or potential supplier) is keen to supply cold-rolled (CR) steel coils to amajor passenger car manufacturer, who has been buying the same material from three other suppliers onregular basis for the past few years. As per the purchase policy, the car manufacturer cannot buy anymaterial from more than three suppliers. What should the business marketer do to supply CR steel coils tothe major passenger car manufacturer?1. Develop/design an Enterprise Risk Management programme for a local company. 2. Make a recommendation to senior management on how to improve their current Enterprise Risk Management programme 3. Develop an Enterprise Risk Management programme for a Bank. Assume that the identified Bank does not have a well-designed ERM programme.Philibert Enterprises Inc is a manufacturing and distribution company that is engaged insupplying exotic Caribbean Food products of high quality for the European and NorthAmerican markets. The Product Quality and consistency of supplies of the product are twocritical success factors. Philibert Enterprises Inc. has been using its website as its principalpoint of contact for its customers It recently won a major contract to supply the Marks&Spencer chain in the UK, where persons of Caribbean origin are a significant group in thepopulation. This is in addition to the growing popularity of Caribbean Cuisineinternationally. High productivity levels are necessary to meet the product quality anddelivery time requirements. The Marketing Manager is expected to work closely with theHuman Resource Manager to develop a reward system that will enable greater reliabilitywith respect to response time and assure quality and compliance with HACCAP1requirements. Note: 1HACCAP, Hazard Analysis…
- Philibert Enterprises Inc is a manufacturing and distribution company that is engaged insupplying exotic Caribbean Food products of high quality for the European and NorthAmerican markets. The Product Quality and consistency of supplies of the product are twocritical success factors. Philibert Enterprises Inc. has been using its website as its principalpoint of contact for its customers It recently won a major contract to supply the Marks&Spencer chain in the UK, where persons of Caribbean origin are a significant group in thepopulation. This is in addition to the growing popularity of Caribbean Cuisineinternationally. High productivity levels are necessary to meet the product quality anddelivery time requirements. The Marketing Manager is expected to work closely with theHuman Resource Manager to develop a reward system that will enable greater reliabilitywith respect to response time and assure quality and compliance with HACCAP1requirements.Outline the factors that Philibert…Philibert Enterprises Inc is a manufacturing and distribution company that is engaged insupplying exotic Caribbean Food products of high quality for the European and NorthAmerican markets. The Product Quality and consistency of supplies of the product are twocritical success factors. Philibert Enterprises Inc. has been using its website as its principalpoint of contact for its customers It recently won a major contract to supply the Marks&Spencer chain in the UK, where persons of Caribbean origin are a significant group in thepopulation. This is in addition to the growing popularity of Caribbean Cuisineinternationally. High productivity levels are necessary to meet the product quality anddelivery time requirements. The Marketing Manager is expected to work closely with theHuman Resource Manager to develop a reward system that will enable greater reliabilitywith respect to response time and assure quality and compliance with HACCAP1requirements. 1. Outline the factors that…Philibert Enterprises Inc is a manufacturing and distribution company that is engaged insupplying exotic Caribbean Food products of high quality for the European and NorthAmerican markets. The Product Quality and consistency of supplies of the product are twocritical success factors. Philibert Enterprises Inc. has been using its website as its principalpoint of contact for its customers It recently won a major contract to supply the Marks&Spencer chain in the UK, where persons of Caribbean origin are a significant group in thepopulation. This is in addition to the growing popularity of Caribbean Cuisineinternationally. High productivity levels are necessary to meet the product quality anddelivery time requirements. The Marketing Manager is expected to work closely with theHuman Resource Manager to develop a reward system that will enable greater reliabilitywith respect to response time and assure quality and compliance with HACCAP1requirements. 1. how can the following criteria…