Value chain concepts view relationships with suppliers as representing an extended business partner. The value chain is the set of activities involved in creating and delivering a product or service to the market.
It includes activities such as procurement, production, marketing, and distribution. In this chain, suppliers play a critical role in providing the necessary inputs for production. To create value for customers, firms need to optimize their entire value chain. This requires building relationships with suppliers that go beyond just transactional exchanges. Companies that see their suppliers as extended business partners can leverage their expertise to improve the quality of inputs, reduce costs, and innovate. Bargaining is not an appropriate way to view supplier relationships in the value chain. Instead, collaboration and mutual trust are essential. Suppliers are often willing to work closely with their customers to achieve shared objectives and create value for both parties.
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Toyota City, Japan, December 3, 2020―Toyota Motor Corporation (TMC) announced today that it intends to implement changes to its executive structure, senior professional/senior management employees, and organizational structure effective January 1, 2021. Reflect on the statement and article above. Critically discuss the possible determinants of the organisational structure of Toyota Motor Corporation (TMC).
The determinants of an organizational structure can vary depending on the company and its specific goals, strategies, and external environment.
In the case of Toyota Motor Corporation (TMC), there are several possible determinants that may influence its organizational structure:
1. Size and Complexity: TMC is one of the largest automobile manufacturers globally, with operations and subsidiaries in various countries. The size and complexity of the organization can influence the need for a formalized and hierarchical structure to ensure effective coordination and control.
2. Business Strategy: TMC's business strategy, which focuses on lean manufacturing, quality, and continuous improvement (such as the Toyota Production System), can impact its organizational structure. The company's structure may be designed to facilitate efficient production processes, empower employees for problem-solving and decision-making, and foster a culture of continuous improvement.
3. Global Operations: With a presence in multiple countries, TMC's organizational structure may be designed to accommodate global operations and regional differences. This may involve having regional divisions or subsidiaries that have some level of autonomy to adapt to local markets and regulations while maintaining centralized control for strategic decision-making.
4. Product and Market Diversification: TMC produces a wide range of vehicles, including passenger cars, trucks, and hybrid vehicles, and operates in various market segments globally. The organizational structure may be influenced by the need to manage different product lines, customer segments, and market dynamics effectively.
5. Technology and Innovation: The automotive industry is experiencing rapid technological advancements, such as electric vehicles, autonomous driving, and connected cars. TMC's organizational structure may be designed to facilitate research and development, innovation, and collaboration across different functions and departments to stay competitive in the industry.
6. Corporate Culture and Values: TMC places a strong emphasis on its corporate culture, known as the Toyota Way. The organizational structure may reflect the company's values, such as respect for people, teamwork, and a focus on long-term relationships with employees and suppliers. The structure may be designed to promote a culture of continuous learning, employee engagement, and a sense of shared responsibility.
It is important to note that without specific information provided by TMC or further analysis, these determinants are speculative. Organizational structures can be influenced by a combination of factors, and TMC's structure likely involves a careful balance of these determinants to support its overall strategy and goals.
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Suppose that in a year, an American worker can produce 100 shirts or 20 computers, while a Chinese worker can produce 100 shirts or 10 computers.
⦁ Graph the production possibilities curve for the two countries. Suppose that without trade the workers in each country spend half their time producing each good. Identify this point in your graph.
⦁ If these countries were open to trade, which country would export shirts? Give a specific numerical example and show it on your graph. Which country would benefit from trade? Explain.
⦁ Explain at what price of computers (in terms of shirts) the two countries might trade.
⦁ Suppose that China catches up with American productivity so that a Chinese worker can produce 100 shirts or 20 computers. What pattern of trade would you predict now? How does this advance in Chinese productivity affect the economic well-being of the citizens of the two countries?
Thus both China and the US are better off than before they specialized,
How to solve this2. Opportunity Costs are:
China - Computer - 20, So Shirts - 1/20.
America - Computer - 10, So Shirts - 1/10.
As we can see, China needs to give up a fewer number of computer than America to produce an additional shirt, China has a comparitive advantage in shirt production. America then must have a comparative advantage in producing the other good, ie. computers.
3. As China has comparitive advantage in shirt production, so China would export shirts.
To understand it with numbers, suppose China has 100 workers, so total worker-hours available = 100 worker-years.
Total Production of Shirts by China = 100*100 = 10,000 Shirts.
China would definitely benefit from trade as it can get more number of computers for the same working hours deployed. Let's say, China gives its 50% of produced shirts to America & in turn America gives 50% of produced computers to China.
In this scenario, China will have 5000 of Shirts & 500 Computers, while without trade, it would have had 5000 shirts & only 250 computers with 50% of available working hours deployed to ecah production.
4. Suppose the terms of trade are 1 shirt = 0.15 computers (within the range above):
China specializes in shirts and produces 10,000 shirts and no computers.
Suppose she exports 5,000 of them to the US.
In return, she then imports (0.15*5,000) = 750 computers from the US.
∴ China produces (10,000 shirts, 0 computers) China consumes (5,000 shirts, 750 computers).
The US -- on the other hand – specializes in computer production, thus produces 0 shirts and 2,000 computers.
If she exports 750 computers to China, she gets 5000 shirts at the current terms of trade. This means she has (2000-750) =1250 computers left to consume domestically.
The US produces (0 shirts, 2,000 computers) The US consumes (5,000 shirts, 1,250 computers).
Thus both China and the US are better off than before they specialized, since, recalling from (b) above, the autarky (no trade) production and consumption bundles were: China (5,000 shirts, 500 computers). US (5,000 shirts, 1,000 computers)
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Presence of the contamination Fusarium results in what unpleasant consequence?
The presence of the contamination Fusarium in food can result in several unpleasant consequences, depending on the type of food and the strain of the fungus.
Fusarium is a type of mold that can produce mycotoxins, which are toxic compounds that can cause health problems if ingested in large amounts. Some strains of Fusarium can produce mycotoxins that are harmful to humans and animals, including fumonisins, trichothecenes, and zearalenone.
Fumonisins, for example, can cause cancer and other health problems in humans and animals, while trichothecenes can cause vomiting, diarrhea, and other digestive problems. Zearalenone can cause reproductive problems in animals and has estrogenic effects, which can lead to infertility, miscarriage, and other health problems.
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harmony reports a regular tax liability of $15,400 and tentative minimum tax of $17,440. given just this information, what is her alternative minimum tax liability for the year?
Harmony's alternative minimum tax (AMT) liability for the year cannot be determined based solely on the regular tax liability and tentative minimum tax figures provided.
The alternative minimum tax (AMT) is a parallel tax system that operates alongside the regular income tax system. It is designed to ensure that individuals who have substantial deductions and certain income types still pay a minimum level of tax. To calculate the AMT liability, various factors need to be taken into account, including adjusted gross income, itemized deductions, and certain tax preferences and adjustments.
Without knowing Harmony's adjusted gross income, itemized deductions, and other relevant details, it is impossible to accurately determine her AMT liability. The regular tax liability of $15,400 represents the amount she would owe under the standard income tax system. The tentative minimum tax of $17,440 indicates that her income and deductions may trigger the application of the AMT.
To calculate the AMT, the tax law requires taxpayers to add back certain deductions, make adjustments, and apply different tax rates. Additionally, exemptions and alternative minimum tax credits may come into play. Consequently, without more information, such as the components of Harmony's adjusted gross income, itemized deductions, and specific tax preferences, it is not possible to determine her precise alternative minimum tax liability for the year.
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If the demand curve shifted more to the right on this graph, which of the following could be the new equilibrium point?
Answer:
$200
Explanation:
During the Industrial Revolution in the 18th and 19th century, managers who could make minor improvements in management tactics were noteworthy. Why
The Industrial Revolution is well known in history. During the Industrial Revolution in the 18th and 19th century, managers who could make minor improvements in management tactics were noteworthy because;
They produced goods and services due to high increases in production quantity and quality.What is the role of management in the Industrial Revolution?The Industrial Revolution is known to result in the advent of better and faster technology that helps firms to carry out task more efficiently.
It also help management to greatly increase their output.so as to meet demand of the people and increased production.
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What is the common trait of all computer crimes?
A.
Damage done to computer technology belonging to others
B.
The theft of classified electronic information
C.
Remote access of someone else's computer workstation
D.
The use of computer technology to commit the crime
A common trait of all computer crimes is that it involves: D. the use of computer technology to commit the crime.
What is a computer crime?A computer crime is also referred to as cybercrime and it can be defined as a type of crime that typically involves the use of a computer and Internet to gain an unauthorized access to the personal resources of vulnerable (unsuspecting) users
This ultimately implies that, a common trait of all computer crimes is that it involves the use of computer technology to commit the crime such as stealing sensitive user data.
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give me your best pickup line for brainliest
Answer:
are u from Tennessee? cause ur the only 10 i see
if i said you had a good body would you hold it against me?
your lips look lonely. would they like to meet mine?
3. The owner of a specialty delicatessen buys baskets, decorates and fills them with food items, and
sells them as one of the products in the shop. The entrepreneur sells an average of 130 baskets a
month The basket supplier charges $0.50 per basket. The entrepreneur would like to reduce his
variable costs and has found a basket supplier who will charge only $0.40 per basket. How much
will the delicatessen owner save in a year by changing suppliers?
Answer:
$156
Explanation:
he old price per basket is $0.50 per basket
the new supplier has a price of $0.40 per basket
Savings per basket is $0.10 ($.50- $0.40)
The average sales per month are 130 baskets.
The average savings per months will be
=$0.10 x 130
=$13
yearly savings will be
=$13 x 12 months
=$156
list six aids to trade
Describe the three different ways the argument section of a cover letter can be formatted.
Answer:
i think they are personal, formal and informal
Explanation:
im not sure but i think thats it
The three different ways for formatting the argument section of a cover letter are paragraphs, bullet points, and T-form.
The formal paragraph format uses the block paragraphs ideal for a business letter, wherein the argument of the cover letter is presented in the second and third paragraphs in complete sentences.
The bullet points format lists the argument of the cover letter as bulleted points instead of in paragraph form. Using bullet points focuses on the applicant's qualifications, making them attractive to the reader.
Lastly, the argument section of the cover letter can be presented in a T-form. This format enables the applicant to compare the requirements of the vacancy notice with their qualifications.
Thus, the argument section of a cover letter can be formatted uniquely, depending on the occasion and the reader.
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What will happen to the market for video games if consumer income drops?
A. Graph 1
B. Graph 2
C. Graph 3
D. Graph 4
Answer:
a
Explanation:
Decision goes through different process.Elaborate
Are any of y'all furries just wondering?
comment below :)
Answer:
Lol yep I’m a furry
Explanation:
Answer:
no
Explanation:
but there's no reason to be rude to them for just doing what they find fun :))
Let's say that you have two sets of performance data on two divisions in your company. which statement is most accurate?
a. A mean performance difference in the two divisions is only sufficient if the sample size in performance for both divisions is also low.
b. The "mean difference" performance of the two divisions is sufficient to tell us which one is the better performer.
c. A mean performance difference can never improve the perfomance comparisson between the two divisions
d. sample size cannot help improve the performance comparisson between the two divisions.
In the following question, option B). The "mean difference" performance data of the two divisions is sufficient to tell us which one is the better performer.
What is a mean difference,The mean difference is the difference between two means. It is a statistical tool that is often used in hypothesis testing to determine if there is a significant difference between two groups. A mean difference can be calculated using a variety of statistical tests, including the t-test and the ANOVA test.
What does the statement mean, The statement "The 'mean difference' performance of the two divisions is sufficient to tell us which one is the better performer" means that by comparing the mean performance of the two divisions, one can determine which division is performing better. This statement assumes that the sample sizes are sufficient and that the mean is an accurate representation of the performance of each division.
Therefore, this statement is the most accurate of the four options provided.
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As a salaried employee, Richard Hernandez earns $776 each week. In one week, he worked 50 hours. What is his gross pay for that week?
Answer:
He would get paid $38,800 he will get $38,800 because I multiplied $776 and the 50 hours and that's how I got $38,800.
Aggie Limo is considering upgrading their fleet of stretch limosines by adding a large flat screen TV. With the flat screen TV, they can charge more money enabling annual revenue for each limosine. There is also a small increase in annual cleaning costs. Flatscreen cost including installation: 1540
Additional annual revenue per car due to flat screen: 832 Additional annual cleaning cost due to flat screen: 148 What is the payback (in years)?
We must ascertain how long it will take for the additional money brought in by the flat-screen TV to offset the cost of installation and the rise in yearly maintenance expenses in order to calculate the payback period.
The flat screen TV's initial price, including installation, is $1540. The flat screen TV generates $832 more in annual revenue per car, while the higher annual cleaning expenses come out to $148. We divide the initial expense by the net yearly cash flow, which is the difference between the additional revenue and the additional cleaning expense, to determine the payback period: Initial cost x Net annual cash flow equals the payback time. Net annual cash flow is equal to additional revenue minus additional cleaning expenses ($832 minus $148 equals $684). Period of repayment = $1540 / $684 ≈ 2.25 years The addition of the flat-screen TV to the limousine fleet will therefore pay for itself in roughly 2.25 years.
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What is the GDP growth rate?
What is GDP per capita growth rate?
What is the productivity growth rate?
Help ASAP. The assignment's due tonight
The GDP growth rate, also known as economic growth rate, is measure of the change in country's gross domestic product (GDP) over a specific period of time, usually year or quarter.
What is economic growth?Economic growth refers to the increase in the production and consumption of goods and services in an economy over a specific period. This growth can be measured by changes in gross domestic product (GDP), which is the total value of all goods and services produced within a country's borders. Economic growth is generally seen as a positive development, as it creates jobs, increases income and improves living standards for people. However, it can also have negative consequences such as environmental degradation, inequality and inflation. Governments and central banks often try to promote economic growth through various policies, such as fiscal stimulus, monetary policy and investments in infrastructure and education.
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mr. johnson lives on a property by a stream. he wants to know what his rights are with regards to use of the stream. the stream is not navigable and as the stream is behind his house he believes he has the right to use the stream at least to its midpoint. what are mr. johnsons rights to use the water behind his house?
Therefore, it is essential to consult the local government's rules and laws to know more about his rights to use the water behind his house.
When Mr. Johnson lives on a property by a stream, he needs to understand his rights with regards to use of the stream. However, the stream is not navigable and as the stream is behind his house, he believes he has the right to use the stream at least to its midpoint. What are Mr. Johnson's rights to use the water behind his house?The rights of Mr. Johnson to use the water behind his house depends on the rules and laws implemented by the local state or government. In most states, the right to access a stream may be limited to a specific distance from the shore known as the “riparian zone.”Mr. Johnson may have the right to use the water behind his house under certain circumstances, such as for domestic purposes like watering the lawn or garden, but he may require a permit to use the stream for other purposes like irrigation or other water-based activities.The owner of a property that abuts a stream has the right to use the stream as long as they don't impact the rights of other landowners and comply with the rules and laws put in place for that area. For example, Mr. Johnson might be allowed to use the water behind his house for fishing and swimming, but only up to the midpoint and not beyond that point.In conclusion, Mr. Johnson's rights to use the water behind his house are subject to the laws of his state, which may limit his ability to use the stream beyond certain points. Therefore, it is essential to consult the local government's rules and laws to know more about his rights to use the water behind his house.
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Why might the equity risk premium in the United Kingdom havebeen negative during thisâ period? A. The returns on bonds outpaced the returns on stocks. B. Investors fled to other countries. C. Banks were paying high interest rates on bonds. D. The returns on stocks outpaced the returns on bonds.
The equity risk premium in the United Kingdom havebeen negative during this â period IS The returns on bonds outpaced the returns on stocks. In this case option A is correct
It is unlikely that the equity risk premium in the United Kingdom would have been negative during the period when the returns on stocks outpaced the returns on bonds. Therefore, option D is not the correct answer.
The equity risk premium is the excess return that investors expect to receive from investing in stocks compared to investing in risk-free assets, such as government bonds. A negative equity risk premium means that investors expect to receive lower returns from stocks compared to risk-free assets.
One reason why the equity risk premium in the United Kingdom might have been negative during a certain period is if the returns on bonds outpaced the returns on stocks (option A). In this case, investors may have preferred to invest in bonds instead of stocks, resulting in a lower demand for stocks and lower returns.
In this case option A is correct
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A written contract granting permission to operate
an already existing business.
Answer:
Explanation:
A written contract granting permission to operate a business to sell products and services in a prescribed way. franchise.
According to Jonah, an hour saved at a non-bottleneck is Select one or more:
a. something he strives to do when consulting.
b. a mirage.
c. difficult to accomplish
d. a big deal.
According to Jonah, an hour saved at a non-bottleneck is: a mirage
What comprises a mirage?
Most mirages occur in deserts. When two layers of air with different temperatures are in contact with light, they occur. The heat from the desert sun warms the sand, which in turn warms the air above it. The heated air reflects the sky and bends light rays.
What in life is a mirage?
The illusion of life keeps us motivated to continue plodding along the path with optimism by keeping our excitement bubbling and our enthusiasm in a tizzy. Targets become attainable, only to morph into even bigger ones once we finally dispel the idea that they are unachievable.
Is Mirage a real thing or a hoax?
When light is refracted through a non-uniform medium, it can cause an optical phenomenon known as a mirage, which gives the appearance of water. On bright days, when a vehicle is travelling down a road, mirages are most frequently seen.
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enterprise resource planning vendors outside of tier 1 are establishing a strong niche in the industry by focusing on .
Enterprise resource planning (ERP) vendors outside of tier 1 are establishing a strong niche in the industry by focusing on specialized industries and offering customizable solutions.
These vendors may not have the same name recognition as tier 1 vendors, but they can provide more targeted and personalized solutions to meet the specific needs of their clients. Additionally, these vendors often have lower prices and more flexible licensing options, making them more attractive to smaller businesses.
By catering to specific industries and providing tailored solutions, these ERP vendors are carving out their own space in the market and offering valuable alternatives to larger, more generalized providers.
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Question 3 of 10
A standard is a:
Answer: Level of quality or performance that people accept as normal
Explanation: I took this quiz
Choose the option that best matches the description given.
Providing assistance to people in need through programs is known as ___
services. a mental health b rehab c human
Answer:
Human services
Explanation:
During which part of the Product Life Cycle would a company use a profit-oriented pricing strategy?
The lifespan of a product depicts how long it remains on the market, from the moment it is first introduced to consumers until it is phased out and taken off the shelves.
What is the maturity stage of the product life cycle?Sales declined during the mature period, a sign that the market has started to become saturated. During this phase of the product life cycle, the price also starts to become competitive. The profit margins become slimmer as a result.
In most life-cycle situations, profits normally reach their greatest level during the early growth stages, but sales often reach their peak during the mature stages.
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the main advantage of point-of-sale devices is that they offer to buyers and sellers
A.more flexibility and convenience
B.reward programs
C.improved safety and security
D.enhanced fraud protection
Summarize what is a stock?
the difference between personal assets and personal liabilities
Answer:
Assets include the value of securities and funds held in checking or savings accounts, retirement account balances, trading accounts, and real estate. Liabilities include any debts the individual may have including personal loans, credit cards, student loans, unpaid taxes, and mortgages.
Explanation:
Answer:
Assets: include the value of securities and funds held in checking or savings accounts, retirement account balances, trading accounts, and real estate.
Liabilities: include any debts the individual may have including personal loans, credit cards, student loans, unpaid taxes, and mortgages.
Difference between Assets & Liabilities:
Assets are what a business owns and liabilities are what a business owes. Both are listed on a company's balance sheet, a financial statement that shows a company's financial health. Assets minus liabilities equals equity, or an owner's net worth.
which of the following commodities is a product of the primary or extractive industry
A. Cars
B. Gold
C. Hair Processing
D . Houses