Why might a manufacturer chooseto hire a third-party logistics firm rather than a conventional wholesaler or distributor?

Q: Explain how ABC can help a firm identify its true low-cost suppliers. Illustrate with some

A: Solution- Process costing is a method of cost accounting that is used to determine the cost of…

Q: Do you think distributor storage with last mile delivery is good for the automotive spare industry?…

A: The walk – linking your business with the top client through a dealer network – is important for…

Q: (4) Why would you expect sellers of branded goods with high upfront research and development costs…

A: Answer: As per Q/A guidelines, the first question has been answered. Please repost remaining…

Q: What are some tactical and strategic retail customer considerations?

A: Strategic management or business management is the science, art, and craft of preparing,…

Q: what is the effect on transportation costs if the purchaser controls a shipment directly from the…

A: Cost: The amount paid to purchase the asset, install it, and put it into operations, is referred to…

Q: Which of the following is a major difference between the just-in-time (JIT) and traditional…

A: Traditional manufacturing system is based on the old approach of purchasing and manufacturing. JIT…

Q: How can Firms that do not want to become involved in licensing or to become heavily involved in…

A: Contract manufacturing is the process through which a small business or entity hires another company…

Q: entive manufacturing processes are most likely to benefit from sending manufacturing operations…

A: Labour intensive refers to a production process where labour costs are the largest components. It…

Q: What are the key differences in performing adjusting and  closing for a service company, versus a…

A: The key difference: Since service companies will not have inventory, so there no adjustment required…

Q: Would the Wegmans approach work for a car dealer? Abookstore? A manufacturer of industrial goods?…

A: The question is based on the concept of Wegmens approach of business philosophy, the approach…

Q: What are the possible problems associated with receiving goods ordered from a vendor/supplier?

A: Inventories are the stocks of the goods maintained by a company that can either be in the form of…

Q: “Companies devote resources to a purchasing department but not on individual departments that can…

A: Purchasing department: It can be defined as the department of the organization that deals with…

Q: The company manager (retail industry) stated that the company could lower its operating leverage by…

A: The operating leverage is result from the existence of fixed costs that the firm must pay to…

Q: In value chain analysis, what is the activity of arranging the delivery of products to customers…

A: Value chain analysis is an analysis that is done in business in order to evaluate value added…

Q: What distinguishes a merchandising business from a service business?

A: Merchandising Company and Service Company: A merchandising company generates income by selling goods…

Q: Which of the following statements is untrue about distributor metrics? Group of answer choices Goals…

A: Answer: The untrue option is as follows, The lower the standard of service, the greater the cost is…

Q: What is the distinctionbetween retail and wholesale merchandising companies?

A: The Distinction between Merchandising and Manufacturing Companies are given below as,

Q: If you had to decide whether to continue making a component part or to begin buying the part from an…

A: This is a case of make or buy decision. There are both quantitative and qualitative factors which…

Q: 1. Why do entrepreneurs need to consider the credibility of suppliers in choosing suppliers of raw…

A: Credibility of Suppliers is one of the key considerations for choosing suppliers.  Credible…

Q: Qualitative and quantitative factors. Which of the following is not a qualitative factor that Atlas…

A: A make-or-buy decision is a strategic choice made by the management between producing an item…

Q: Please answer with reason Which of the following statements concerning formal and less-formal…

A: Option a). Both formal and less-formal nonperpetual unit control systems enable the retailer to…

Q: Samsung must confront sunk costs. Why are sunk costs irrelevant in deciding whether to sell a…

A:

Q: Which of the following statements about close buyer-seller relationships in business markets is…

A: Cost Accounting: It is the process of collecting, recording, analyzing the cost, summarizing cost,…

Q: How would a business plan for a small manufacturing firm differ from one for a small retailing firm?…

A: A business plan is a document in writing that elaborates how a start-up company derives its…

Q: Would the pandemic and shortages could cause some companies to decide to use a different method of…

A: The costing methods is the methods that helps the coampiens to identify the amount spent on the…

Q: the differences between service business and merchandising business?

A: Merchandise business is a kind of business wherein revenues are earned by providing or selling goods…

Q: What is a reasonably foreseeable use of a productand why is it important to companies?

A:

Q: What is supply-chain analysis, and how can it benefit manufacturers and retailers?

A: Describe a supply chain analysis.   A supply chain refers to a network between the organisation and…

Q: Can management of a retail company like Amazon use lean techniques? Explain.

A:

Q: What is a full-service supplier? What are the benefits of using full-service suppliers?

A: Full service supplier - A supplier who is capable of providing wide range of activities including…

Q: Why is the normal operating cycle for a merchandising company likely to be longer than for a service…

A: A merchandising company only deals with purchase and sales of products. It buys products from other…

Q: Could tear-down methods be used effectively for target pricing in a service-industry company, such…

A:

Q: Buyers negotiate purchase contracts with suppliers. What type of shipping terms should a buyer…

A: Whenever buyers purchase something from sellers, then various types of contracts can be entered.…

Q: Which of the following is not a qualitative factor that Atlas Manufacturing should consider when…

A: A make-or-buy decision is a strategic choice made by the management between producing an item…

Q: Companies enjoy many benefits from using JIT. Which is not a benefit of adopting JIT? a. Ability to…

A: Just-in-time manufacturing system: Just-in-time (JIT) manufacturing system is an approach to…

Q: What challenges does Blu Dot face in selling consumer products (as opposed to business products)?

A: Consumer products, often called as final goods, are objects bought for personal use by individuals…

Q: What selection criteria does Trek utilize when it selects a new supplier or evaluates an existing…

A: Supplier selection is a necessary process in procurement. Identify the business requirements and…

Q: What are the disadvantages of outsourcing? (BUY)

A: Outsourcing: Outsourcing refers to hiring another company, to undertake a business process of the…

Q: Company A is currently manufacturing a component but is considering buy reliable supplier. Which of…

A: The avoidable fixed cost is the cost that does not change with the output but can be avoided in…