Would you allow managers to accept a gift of any kind (including holiday gifts) from a vendor?
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Would you allow managers to accept a gift of any kind (including holiday gifts) from a vendor?
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- Question A10 If a business is launching a new product and hopes to achieve a large market share by achieving a low margin on each sale, but in the meantime spread its fixed costs across a large number of units of output, what pricing strategy is it pursuing? A Price skimming B Price discrimination C Price penetration D Price matching!Question: Draw the supply chain of any fast-moving consumer good and describe the various flows involved.
- QUESTION 2 [25 MARKS] Read the following extract and then answer the questions below. Global Blue: "Circle are experts in B2B research and segmentation" From its headquarters near Geneva in Switzerland, Global Blue offers a range of services which help retailers to increase their revenues from the lucrative international traveller market by offering VAT refunds. Having introduced the concept of Tax-Free Shopping over 30 years ago, Global Blue now works with over 270,000 of the world's favourite retailers, shopping brands and hotels in over 40 countries. Like many other B2B businesses, Global Blue believes that the purchasing behaviour of their target market is largely influenced by their 'firmographic profile' their size, their speciality, their home country and so on. However, examples of retailers behaving in unexpected ways, given their firmographic profile, led Global Blue to consider a different viewpoint. Are a retailer's needs and attitudes not a far more powerful predictor of…Question 1 In your opinion, how does e-wallet benefit the customer during the covid-19 pandemic?Question MGMT Bakehouse Inc (MBI), supplies bread, cakes and other specialty products, to a large percentage of the country; to the following customer types. Retailers e.g. supermarkets, who sell baked goods to the public, and MGMT Bakehouse Inc delivers to the retailers. Wholesalers also sell to the public, but come to MGMT Bakehouse Inc directly to collect their baked goods. Finally institutions like hotels and hospitals, to whom MGMT Bakehouse Inc delivers directly, buy baked goods to incorporate into offering for their clients e.g. guests menus and patient meal plans. From the ordering of flour and other ingredients to the processing of cash, receivables and payables, the company uses an integrated ERP with a common database for all of its business processes. Internally MGMT Bakehouse Inc is organized into the following departments: Production which bakes the bread; Distribution that delivers the bread; Sales Department where customer orders and wholesale pickups are managed;…
- QUESTION 1: COMPULSORY a) Your firm would like to purchase a very important piece of equipment from a supplier in South Africa. The Purchasing and Supply Chain Manager who has been sent to South Africa to procure the item has faxed back the following information: Appraised value = K6m, supplier's desired price = K6m, your company's desired price = K5m, your BATNA = K5.5m, supplier's BATNA = K5m. From the data given above: a. Draw a diagram to present the scenarios in this negotiation situation. b. Determine the bargaining zone and show it on the diagram. b) Draw and use the job characteristics model (JCM) to explain how employee motivation works in organizations. ( c) SiteROCK employees are required to read through several 3-inch-thick binders of standard operating procedures before they can work in the command centre. As each shift comes to an end, the staff must shuffle through 90 minutes of paperwork before handing over the keys. "Not everyone would be able to do this job. You have…Question: Retailing value-adding -explain in a paragraph- (150 words) Retailing – a set of business activities that adds value to the products and/or services sold to consumers for their personal or family use.- A retailer is a business that sells products and/or services to consumersfor personal or family use.What is Retailing?► Can be store-based or non-store based► Retailing is the LAST PART of the supply-chain system► Retailing is the closest link to consumers► The “power” of retailing for negotiation is increasing by the year► Provide the right merchandise or service, with the right quality, price, and location to the final customer.► Retailing involves the sale of merchandise from a fixed location, such as a store, for direct consumption by the customer.► Retailing creates value for their customers through convenience, timing, information and lifestyle support.The Retailer’s Role in aSupply Chain► Retailers are the final business within a supply chain which links manufacturers…QUESTION 1 Which of the following statements regarding foreast sharing game is INCORRECT? Retailer only faces underage risk. Supplier faces both underage and overage risks. Suppliers tend to produce less than the supply chain optimal quantity. The retailer has to purchase at least the quantity it reports to the supplier. QUESTION 2 Assume that the firm can source from 2 faraway suppliers (each has Lead time = 4 months, capacity=60 k) and 2 Closeby suppliers (each Lead time =0 month, capacity=40k). The sales season starts in May. Which of the following statements regarding sourcing is INCORRECT? The production change should be only applied to the Closeby supplier so that the firm can benefit from the change in time. The production at the Faraway supplier should start in January and the production at Close-by supplier should start in May. The firm should source from a combination of one faraway supplier and one close-by…
- Q.11. The markup percent is based on cost. Compute the missing terms. Markup Dollar Selling Markup Price Percent 45% Cost $2,680Question 1 (a) Many airlines were badly affected by the volatility in fuel prices during the Global Financial Crisis of 2008-2009. Using the example of Cathay Pacific’s cargo business, appraise the importance of managing fuel costs in the context of the airline’s profitability. In view of rising fuel prices, would you recommend Cathay Pacific to select the option of using converted freighters or ACMI management? Offer your views on the advantages and disadvantages of these two options.QUESTION 22 The benefits of technology spillovers: Do not really exist. Cannot exist in theory. Will be overproduced by the market. Are shared evenly. Are not shared equally.