Answer:
Reduce the suppliers to 2-3 and have long term relationships with them. They should employ an ERP across the functions for better communications
Explanation:
Adidas and Reebok are the two biggest companies in the world that produce sport outfits. Adidas bought over Rebook in 2005 but wanted the new subsidiary to continue to operate under their unique brand name.
However, there are certain aspects of New Balance’s operations strategy they should change which includes the following;
1. The ecosystems of suppliers they have should be trimmed down to three, for better and effective long-term relationships with the sole aim of cost reduction.
2. The should also commence the use of Enterprise resource planning (ERP), a business process management software that will help them maintain better communication across functions and be able to always evaluate pipeline to know the varying requests made by customers.
Missed or late payments, Maxing out credit limit, Changes in the market can increase your credit card's APR.
APR stands for Annual Percentage Rate, which is the interest rate charged on your credit card balance. There are several factors that can increase your credit card's APR, including:
It's important to manage your credit card responsibly to avoid potentially higher APRs. Paying your bills on time and keeping your credit utilization low can help maintain a lower APR.
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B) Combine two businesses to create a market opening.
C) Begin with a problem in mind or a pain you can relieve.
D) Recognize a hot trend and ride the wave.
Answer:
Collaboration.
Explanation:
Collaboration is the process by which two or more people or group's come together to achieve a particular goal. It usually needs leadership to guide it's activities, and is similar to cooperation.
The departments are complaining and saying the other one has it easy. Bother departments are functioning independently.of one another and so cannot understand the unique challenges faced by the other team.
When they collaborate they pool their resources together to achieve more. They also get to understand the pain points of the other department and this helps foster a good work environment.
Qty demanded at $11.60 = 150;Qty supplied at $11.60 = 270;At what price the quantity supplied is equal to 170,000 = $11.20.
The price of a product or service greatly influences the quantity supplied in a market. As prices rise, the incentive for suppliers to produce and offer more of the product increases.
This is because higher prices can lead to higher profits, encouraging businesses to expand production to meet the rising demand and capture increased revenue. Conversely, when prices fall, the motivation to supply the product diminishes, potentially leading to decreased production.
The relationship between price and quantity supplied is often depicted graphically as a positively sloped supply curve, demonstrating the direct correlation between price levels and the quantity of goods or services that producers are willing to provide to the market.
Therefore.
Qty demanded at $11.60 = 150
Qty supplied at $11.60 = 270
At what price the quantity supplied is equal to 170,000 = $11.20
Learn more about demand and supply here
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Complete question is as follow :
Explanation:
The cost function for this industry is given by,
When it is used for full 8 hours, total cost is
When it is used for 7 hours, TC is $600.
When it is used for 6 hours, TC is $550
When it is used for 5 hours, TC is $500.
When it is used for 4 hours, TC is $450.
When it is used for 3 hours, TC is $400.
When it is used for 2 hours, TC is $350.
When it is used for 1 hours, TC is $300.
When it is used for 0 hours, TC is $250.
Thus, the cost curve will look like the diagram given below.