20 - Supply Chain Coordination

Describe large bureaucratic organizations with which you have had contact with that has not responded flexibly to customer demands. And describe examples of satisfactory responsiveness. What do you think accounts for the differences between the responsive and nonresponsive organizations?

One of the main objectives for firms is profit maximization. (a) Explain, using diagrams, how price-setting firms choose the quantity and price that maximise their profits. (b) Compare your answer to part (a) with the profit maximization process in a price-taking firm.

Question 17: The sequence of processes required to produce and distribute a product is know as   A Supply chain B Conglomeration C Integration D Process Management

Which comes first in changing the food system: supply or demand? Provide your reasons   Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.

Question 26 The economic entity most likely to engage in price gouging is the manufacturer of the product, such as a Honda generator. a national big-box store, such as Target or Walmart. a local, regular supplier of the product. an individual or business who has a supply of the product somewhere else. a local resident who wants to get rid of his or her own product.

True or False A recession provides an opportunity for marketers to closely review how much and in what ways they are spending their money. Budget allocations can open up promising new options and eliminate sacred-cow approaches that no longer provide sufficient revenue benefits.   Because different brands or sub-brands appeal to different economic segments, those that target the higher end of the socioeconomic spectrum may be particularly important during a recession.   A market challenger attacks the market leader and other competitors in an aggressive bid for more market share. There are five types of general attack; challengers must also choose specific attack strategies.

Solve and analyze the following problems. Make sure all steps are properly justified. Correctly uses mathematical notation or terminology. Interpret the solution in the context of the problem. Suppose the supply and demand equations for a logo sweatshirt in a particular week are given by the following equations:p = 0.20q + 25 (supply)p = 55 - 0.10q (demand)Find the equilibrium price and quantity. Prepare a graph of both equations and determine what each region means.

What is the correct answer? I got this wrong.

If you do not have a large market for your product or service, what should you do to be sure it retains its value? Make sure to scale your business and its cost to the size of your market. Identify other products or services that you could include alongside the original in order to increase market size. Consider ways to substantially change your product or service in order to increase your market size. Shelve your idea; perhaps the market will increase in future.

Each group can select a product or service and investigate its price elasticity of demand and price elasticity of supply. Students should explore how changes in price and other factors affect the quantity demanded or supplied. They can also discuss the significance of elasticity for businesses and policy-makers. Part B: Market Analysis Conduct a market analysis of the industry the chosen product belongs to. The analysis should include the following. • market structure • key players • pricing strategies • entry barriers, and • consumer behavior in the industry of the chosen product/service. Also, discuss the implications of the market structure on competition and pricing.

Management decisions about demand, supply, production, pricing, and market structure are all microeconomic options and choices. It is an analysis of consumer behavior (spending), production, and how pricing relates to demand. In microeconomics, there are ongoing trends in both demand and supply that directly influence the price of a product. Select The US healthcare care and social assistance industry, and then identify and discuss a significant trend in supply or demand that directly influences management’s pricing decisions.

PART B: Explain why the following might be true: A drought in the Caribbean raises the total revenue that producers receive from the sale of coffee, but a drought only in Grenada reduces the total revenue that Grenadian producers receive. Ensure that you define any key terms used in your discussion.

Think about a product or service that has undergone a dramatic increase in popularity in recent years, such as electric vehicles (EVs) or streaming services. Discuss how changes in consumer preferences and technological advancements have influenced the demand for this product or service. How have companies responded to this increase in demand? Have there been any shifts in the supply curve due to changes in production capacity or costs? How have these changes affected pricing and competition in the industry? Can you predict how supply and demand for this product or service might evolve in the future?

The method of production that largely determines the capability of suppliers to make products available is terms as the non-price determinant of supply as     technology.       costs of inputs.       expectations of future prices.       legal factors and considerations.

Which of the following is an element of the (supply chain )? a sourcing b manufacturing C distribution . d all of the above

If a firm operates in a demand-driven market, then it should expect to face: a.Slow technological innovation. b.Fast technological innovation. c.Massive economies of scale. d.Corporate customers. Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.

Research and Development money spent by pharmaceutical companies creating new drugs is a sunk cost and therefore it (R & D) ____.   A)will affect the profit maximizing price   B)affects the profit maximizing quantity of the drug that is produced and sold but not the price   C)is a main reason why the price of the drugs are so high relative to the cost of ingredients   D)does not influence the price that is charged for the drug   can someone answer this question

Which of these statements accurately captures a current trend in operations?Products and services are designed more quickly and by teams.Cost competition is more important than any other basis for competition.There is increased focus on local markets and local competition.Jobs are increasingly specialized as workers focus on basic assembly tasks.

Legal Environment of Business Unit 2 Chapter 9: Discussion Poor countries assert that patented drugs are too expensive for most of their people to afford. The issue became especially noteworthy over drugs for AIDS sufferers in Africa. Monthly drug expenses are above average total income levels. Countries have been changing their drug laws to eliminate patent rights in certain cases. Do drug companies have an ethical duty to sell their products for the lowest possible price? Should countries abolish patent protection for drugs? I have to write a short paragraph with a Title. I am needing help with this short discussion assignment.

The pandemic has resulted in many airlines filing for bankruptcy affecting the market structure of the industry. With the aid of relevant diagrams, discuss the emergent market structure and related economic impact on consumers.

QUESTION 4 Which one of the following statements about inter-industry study in industrial organisation economics is not correct?   A. It allows to study a crosssection of many industries, including comparing the same industries with varing sizes of markets.   B. It is confined to studying a single industry, therefore does not allow variation in market size.   C. It allows to study a crosssection of many industries, so that it is possible to investigate the relationship between market size and concentration.   D. It allows to study a crosssection of many industries, including comparing the same industries in different countries.

Fill in the table by the main characteristics of the competitive markets. Criteria: Pure and perfect competition Imperfect competition Monopolistic competition Oligopoly Monopoly Number of sellers Number of buyers Type of the commodity Price control Barriers of entry to the market Access to the market information Examples of real production markets

Suppliers are powerful when: a. satisfactory substitutes are available. b. they sell a commodity product. c. they offer a credible threat of forward integration. d. they are in a highly fragmented industry.

d) Explain what is meant by the term Paretooptimality.Explain whether the Pareto criterion is an efficiency criterion or a distribution criterion.Is the equilibrium of free competition Paretooptimal? p=320– 2x, e) Market demand for an item is provided by where p is the price of the p= 20+x. item and x is traded quantity. The market supply curve is provided by Find the market equilibrium during free competition and calculate the consumer surplus, producer surplus and socio-economic surplus.Illustrates graphically.

help me with parts a,b,c,d and please explain