What advantages could there be to holding excessive inventory?
Answer(s): A
Holding excessive inventory can reduce the impact of extended lead time. i.e. by saving the buying organization from downtime, reputation loss, and also it can generate revenue for the organization if there is a sudden increase in demand.
Describe a current or recent trade war of which you are aware and explain the implication it has for world trade.
Trade war is an economic conflict where countries make it difficult for global trading to happen. Trade wars can make importing products to a country very expensive. A recent example is the US- China trade war; prices were raised on us-built vehicles exported to China. This affected consumer the most as there was an upshot of price.
Trade war is an economic conflict where countries make it difficult for global trading to happen. Trade wars can make importing products to a country very expensive. A recent example is the US-China trade war; prices were raised on us-built vehicles exported to China. This affected consumer the most as there was an upshot of price.
Write down a list of assets that belong to an organization with which you are familiar.
Assets are things that an organization owns regarded as having value and available to meet debt and generate revenue. The following are list of assets owned by Fullpower project, a shoe manufacturing firm;1) Machinery,2) a factory,3) an innovative software,4) skills of its personnel,5) land,6) Distribution network.7) Its long time relationship with experienced suppliers of raw materials and Distributors of finished shoes.
Assets are things that an organization owns regarded as having value and available to meet debt and generate revenue. The following are list of assets owned by Fullpower project, a shoe manufacturing firm:1) Machinery,2) a factory,3) an innovative software,4) skills of its personnel,5) land,6) Distribution network.7) Its long time relationship with experienced suppliers of raw materials and Distributors of finished shoes.
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