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- QUESTION 13 The return to any factor of production that is in variable demand variable supply fixed demand fixed supply is pure rent.Question 1Discuss the development of the buyer/supplier relationship in an increasingly competitive and sophisticated commercial environment. required Define and Analyze Benefits of Buyer/SupplierWhat are the impacts on profits of (effective) agreements concerning production levels between oligopolists? Question 24 options: higher prices and less profit monopoly profit zero profit lower prices and more profit
- Q1. Dallas Mavericks’ owner Mark Cuban proved his business intelligence once again with the acquisition of star player Kristaps Porzingis. To benefit from this blockbuster trade even further, Cuban plans to sell one-time-only special edition Porzingis jerseys at a price of $380 each during the first month of the season (i.e., during October 2019 only). The production cost for each of these jerseys would be $100 thanks to their golden details, and any unsold jersey during October will be sold for $80 during November 2019. Knowing the fan base for years, Cuban estimates demand for these special edition jerseys to follow a normal distribution with a mean of 10,000 units and a standard deviation of 2,000. partc. Cuban also plans to sell these special edition jerseys in his vacation resort. Knowing that people are wealthier in the resort, he sets a price of $500 for each jersey (although production cost stays the same). This time however, he cannot sell any unsold jerseys outside the…Q.2 AI Muhannad Industrial and Domestic Services, Oman requires on average 4000 sheets of A4 size papers per day at its different office locations in Muscat. Each time the purchase manager orders centrally the A4 size papers, the total expenses incurred to the company are estimated to be 10.6 OMR per order. Presently the company orders 350 reams of papers per order at a flat rate of 2.1 OMR per ream (one ream contains 500 A4 size papers). It takes almost a day for the local supplier to deliver the order. Considering the overall cost of the inventory and the manpower involved, the annual carrying costs for the company is estimated to be 35% of the cost for each ream of the paper. The company operates on 5 days a week over 46 weeks per year. (i) Is the present purchase policy economical for the company? If not, guide the purchase manager in selecting the best economical policy in terms of expected number of orders annually, ordered quantity per order, reorder point and the expected time…q. what is product market expansion grid ?
- Q.2. Define customer value lifetime?Table Q4. Average monthly discharge of Athi River City, m³/s Year Jan Feb Mar 1987 2.92 5.10 1.95 Apr 4.42 May Jun 3.31 2.24 Jul Aug 1.05 Sep 0.74 1.02 Oct Nov Dec 1.08 3.09 7.62 2 1988 24.3 11.5 17.2 12.6 7.28 7.53 3.03 10.2 10.9 17.6 16.7 3 1989 15.3 13.3 14.2 36.3 13.5 3.62 1.93 1.83 1.93 4 1990 11.5 4.81 8.61 27.0 4.19 2.07 1.15 2.04 5 1991 11.1 7.90 41.1 6.77 8.27 4.76 2.78 2.10 1.70 1.44 4.02 3.29 5.98 12.7 3.12 2.97 4.45 4.45 3.03 12.2 7.22 1.98 6 1992 2.92 5.10 28.7 0.91 0.67 1.33 2.38 2.69 3.03 7 1993 7.14 10.7 9.63 21.1 10.2 5.13 3.03 10.9 3.12 2.61 3.00 3.82 14.0 14.2 8 1994 4.96 7.36 47.4 29.4 2.29 1.70 1.56 1.56 2.04 2.35 9 1995 2.89 9.57 17.7 16.4 6.83 3.74 1.60 1.13 1.13 1.42 1.98 2.12 24.7 10 1996 1.78 1.95 7.25 6.26 8.92 3.57 1.98 1.95 3.09 3.94 12.7 11 1997 13.8 6.91 12.9 11.3 3.74 1.98 1.33 1.16 0.85 2.63 6.49 5.52 12 1998 4.56 8.47 59.8 9.80 6.06 5.32 2.14 1.98 2.17 3.40 8.44 11.5 13 1999 13.8 29.6 38.8 13.5 37.2 22.8 6.94 3.94 2.92 2.89 6.74 3.09 14 2000 2.51 13.1…Q6 Which of the following factors can be avoided when implementing a health and safety risk management system? a Compensation payments b Civil claims c Decrease in insurance premiums d Adverse media attention Choose the correct combination: 1.a, b 2.a, c, d 3.a, b, d 4.All of the above Q7 Credit insurance …. 1.eliminates uncertainty over the likely recovery of outstanding amounts due 2.mitigates action for credit risk to protect a business against bad debt 3.prevents that a customer may default on a payment 4.relates to an uncertainty surrounding the payment of future amounts Q8 … give/s an individual exclusive right to reproduce the individual’s own written work. 1.Designs 2.Patents 3.Trademarks 4.Copyright
- Qno 1. Define bibliography, Citations and different types of both?Q3: Kimberly owns and operates a tennis shop in a resort area. The business is seasonal. A largepart of the annual revenues are due to sales in June, July, and August. Kimberly keeps theshop open during the remaining months of the year, but the inventory carried during thosemonths is reduced. During the summer months, the amount of inventory on hand issubstantially increased. Kimberly has the business insured under the special formbusinessowners policy (BOP) with no endorsements attached.a. Assume you are a risk management consultant. Identify the major loss exposures thatKimberly faces.b. Assume that a covered loss occurs in July, which damages part of the inventory. Does theBOP provide any protection for the increase in inventory during the summer months?c. Kimberly plans to hire an additional employee during the summer months when sales areincreasing. She is concerned about possible employee theft and dishonesty. Explain toKimberly how this loss exposure can be handled under the…QUESTION 10 An Italian leather goods company that makes high-end shoes and belts is expanding its product line to include leather handbags. The firm hired consultants to conduct market research and determine the VTC for a popular handbag. The consultants established that this handbag's VTC was $1,200. The handbag has variable costs of $350. If the firm uses a skimming strategy, which of the following would be most likely to be the handbag's selling price? O $1,350 O $700 $675 O $1,100 O $450