If a manager assumes that the supply and demand won't meet, what are the potential behaviors of the one who manages the supply?
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If a manager assumes that the supply and demand won't meet, what are the potential behaviors of the one who manages the supply?
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- The likelihood that economic mismanagement will cause drastic changes in a country’s business environment that adversely affect the profit and other goals of a business enterprise is called: Select one: a. Political risk b. Commercial risk c. Economic risk d. Industrial riskHow might an executive’s comments to Wall Street analystsaffect demand forecasts, and what are the consequences ofdoing so?Doing nothing would yield how much profit if favorable market conditions prevail according to the following profit decision table? Alternative Favorable Market Do Nothing $27,000 $12,000 $0 -$15,000 $27,000 Unfavorable Market -$15,000
- How critical is supply and demand matched? If a manager thinks supply and demand won't be fair, what measures should the manager take to improve the chance of a match?Why is it important to match supply and demand? If a manager believes that supply and demand will not be equal, what actionscould be the manager could take to increase the probability of achieving a match?What are some counter tendencies that prevent a straightforward fall in the rate of profit?
- Discuss the reasons why measuring and evaluating purchasing performance has historically had certain problems or limitations. Do you think the purchasing function should increase or decrease its effort to measure performance? Why or why not?Let's assume for the moment that you own an optometric shop in your home town that sells glasses and contacts to customers. Where would the threat of substitutes come from for your shop?Suppose that you are managing a fleet, where you have your own ships. Your task is to make a managerial decision while the freight rates are at a all time low, given full responsibility on buying, selling and chartering decisions. What would be your course of action regarding shipbuilding, second hand buying and selling, chartering both in and out, and scrapping