Author Question: The Genfin Company does not want to pay for warehouse space for the parts it needs to assemble its ... (Read 93 times)

ishan

  • Hero Member
  • *****
  • Posts: 546
The Genfin Company does not want to pay for warehouse space for the parts it needs to assemble its products. It has arranged with all of its suppliers to deliver the parts on a precise timetable, with the times varying somewhat with Genfin's production schedule. This arrangement is an example of
 
  a. pirate capitalism
  b. just-in-time delivery
  c. macroplanning
  d. continuous improvement
  e. total quality management

Question 2

The cost of manufactured goods has risen and the costs of raw materials have dropped, with the result for the developing countries that
 
  a. transfer prices have risen.
  b. exports have declined.
  c. average wages have risen.
  d. the countries are heavily in debt.
  e. import substitution has occurred.



soda0602

  • Sr. Member
  • ****
  • Posts: 313
Answer to Question 1

b

Answer to Question 2

d



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Anti-aging claims should not ever be believed. There is no supplement, medication, or any other substance that has been proven to slow or stop the aging process.

Did you know?

Although puberty usually occurs in the early teenage years, the world's youngest parents were two Chinese children who had their first baby when they were 8 and 9 years of age.

Did you know?

Always store hazardous household chemicals in their original containers out of reach of children. These include bleach, paint, strippers and products containing turpentine, garden chemicals, oven cleaners, fondue fuels, nail polish, and nail polish remover.

Did you know?

The longest a person has survived after a heart transplant is 24 years.

Did you know?

The cure for trichomoniasis is easy as long as the patient does not drink alcoholic beverages for 24 hours. Just a single dose of medication is needed to rid the body of the disease. However, without proper precautions, an individual may contract the disease repeatedly. In fact, most people develop trichomoniasis again within three months of their last treatment.

For a complete list of videos, visit our video library