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Which best explains why large companies pay less for goods from wholesalers?
Large companies can buy all or most of a wholesaler's stock.
Which best explains why large companies pay less than goods from wholesalers?
Large companies often pay less for goods from wholesalers due to economies of scale. When they purchase in bulk, they negotiate better prices and terms, benefiting from reduced per-unit costs. Additionally, wholesalers may offer discounts for larger orders, further lowering the overall expenditure for these companies compared to smaller retail purchases. This purchasing power enables large companies to secure more favorable pricing arrangements.
Advantages and disadvantage of privatization of state corporation?
When a state corporation has been privatized there is less bureaucracy. Private companies tend to deliver goods and services more efficiently.
Why are Canadian companies getting their goods made in less developed countries?
Canadian companies often choose to manufacture goods in less developed countries to take advantage of lower labor costs, which can significantly reduce production expenses. Additionally, these countries may offer favorable trade agreements, tax incentives, and access to emerging markets. By outsourcing production, companies can focus on core competencies, such as design and marketing, while benefiting from the economies of scale that come with larger, cost-efficient manufacturing operations.
What are the implications for the regulatory authorities of the concept of the minimum efficient scale?
profit per units will decrease meaning that companies will have to sell far greater amounts of goods to achieve high profits, as the contribution per unit will be less as the goods are selling for their minimum price
Which best explains why large companies pay less for goods from wholesalers?
Large companies can buy all or most of a wholesaler's stock.
Why do companies pay less for goods from wholesalers?
They can negotiate with wholesalers in order to buy in bulk. Basically, they say "we'll buy tons and tons of this item if you give us a discount." Smaller companies can't afford to make the same negotiation.
Why did chain stores sell goods at lower prices?
Chain stores are able to purchase goods in large volumes for reduced prices from manufacturers, and can then sell the goods to consumers for less money.
How do countries benefit from having a transnational company opening factories there?
With the importation and exportation of foods, Vehicles, And other items such as electrical goods, The quality of life can improve. This will be because their is a larger range and supply of the goods, Meaning their will be less problems getting the goods. None renewable resources such as Coal and Oil supplies can be improved, Due to the large importation from other countries such as Japan or within the EU, So their is no charge of International transportation. Transnational companies such as Oil companies, And even the Fast Food businesses will be able to transport supplies for their factories in other countries, That can also improve the business opportunities due to the large amount of goods available.
Advantages and disadvantage of privatization of state corporation?
When a state corporation has been privatized there is less bureaucracy. Private companies tend to deliver goods and services more efficiently.
What are the implications for the regulatory authorities of the concept of the minimum efficient scale?
profit per units will decrease meaning that companies will have to sell far greater amounts of goods to achieve high profits, as the contribution per unit will be less as the goods are selling for their minimum price
The term inferior goods refers to what kind of goods?
goods that consumers demand less of when their incomes increases
Why do US companies need to export to Europe and Russia?
To make profits. Companies need customers. If someone wants their products, they will sell them to them. There are many products that companies in the US make that people in Europe and Russia, and other parts of the world, want to buy. So naturally the companies will sell to them. That creates bigger profits for the companies and creates many jobs in the US. If they only made goods for the US and did not export anything, there would be less jobs and less profits, which obviously would not be a good thing.
How can lean manufacturing and near-sourcing help a company gain a competitive edge and prepare for the future?
Lean ManufacturingLean manufacturing is the production of goods using less of everything than in mass production: less human effort, less manufacturing space, less investment in tools, and less engineering time to develop a new product. A company becomes lean by continuously increasing its capacity to produce high-quality goods while decreasing its need for resources.23 Here are some characteristics of lean companies:24 lean manufacturingThe production of goods using less of everything compared to mass production.
Why do companies offer discounts for large quantities?
Companies offer discounts for large orders because it allows them to clear out their warehouse more efficiently and cost less in two ways; firstly, less transportation is needed on their part (one warehouse as opposed to a hundred small orders) and secondly it provides instant cash as opposed to waiting for the products to sell individually. Companies like Wal-Mart use this fact to help gain better prices for their customers.
What are expendable goods?
Type your answer here... expendable goods are those goods that are considered less important and can not attract people from stealing them.
Why did the cottage industry disappear?
manufactured goods cost less to make than handmade goods
