answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Stels [109]
2 years ago
5

module 3 BlockWood Inc. has been providing raw materials to Couches Corp., a furniture company. The management at Couches recent

ly decided to cut the prices it pays for the raw materials. BlockWood Inc. tried to negotiate a price that would be feasible for both companies, but Couches did not agree to pay more than what they had quoted. As BlockWood Inc. was facing similar difficulties with other buyers too, it eventually stopped supplying raw materials and took to manufacturing furniture instead. This scenario best illustrates ________.
Business
1 answer:
maria [59]2 years ago
6 0

The correct answer to this open question is the following.

You forgot to include the options for this question. However, we can answer the following.

This scenario best illustrates forward integration.

This is a case of forward integration because BlockWood Inc., which was facing similar difficulties with other buyers too, eventually stopped supplying raw materials and took to manufacturing furniture instead. SO they decided to fabricate their own furniture.

Companies make this decision as a process of vertical integration to expand and grow their business. In this case to produce and control their own products, eliminating the retailer that had decided to pay less money for the raw materials.

So now, Blockwood Inc. has the challenge to design and sell the products it is fabricating.

You might be interested in
Amelia has been working as a teataster for approximately 15 years. She visits tea gardens in the country of Bodonia to grade tea
Maurinko [17]

Answer:TOP-DOWN PROCESSING

Explanation:Top-down processing is a term used in psychology to refer to how the brains uses information that has already been brought into the brain by one or more of the sensory organs or systems.

Top-down processing is a cognitive process that starts with our thoughts,from where it flows down to lower-level functions, such as the senses.

TOP-DOWN PROCESSING gives us the chance to make sense of information that has already been made available in the brain by the senses.

6 0
2 years ago
Read 2 more answers
If I currently sell 10,000 units, and my use of Formula 1 indicates that I will need to sell 500 additional units to justify my
devlian [24]

Answer:

It represents a 5% change to the marketing mix.

Explanation:

The change = 500/10,000 x 100 = 5%.

Company A's change in a variable can be compared with another index, by expressing the change (addition) as a percentage of the index.  For instance, the sale of 10,000 units is an index.  The additional 500 units that is needed to be sold represent the change.  In percentage terms, the change can be divided by the index and then multiplied by 100.

6 0
2 years ago
2. How has Taobao created economic opportunities for Chinese entrepreneurs that were inaccessible to them before?
cupoosta [38]

Answer: It created a platform for small business owners to open online stores to meet the needs of consumers in Chinese speaking areas within and outside China.

Explanation: Taobao with over one billion listings,is owned and founded by Alibaba( a Chinese entrepreneur) in the year2003. Taobao is a market place for consumers of Products,it helps to create Opportunity for Businesses to market their products and services,this platform has helped to build the Chinese Economy empowering people and helping to improve creativity, It also helped Chinese entrepreneur to be accessible to the world over.

3 0
2 years ago
Riley Company borrowed $36,000 on April 1, Year 1 from the Titan Bank. The note issued by Riley carried a one year term and a 5%
IRINA_888 [86]

Answer:

The amount of cash flow from operating activities that would appear on the Year 2 statement of cash flows would be -$850 or $850 outflow

Explanation:

The computation of the cash flow from the operating activities for year 2 is shown below:

= Cash revenue in year 2 - interest on notes payable

= $950 - $1,800

= -$850

The negative amount shows an outflow of cash .

The interest on the note payable is computed by

= Borrowed amount × interest rate

= $36,000 × 5%

= $1,800

7 0
2 years ago
Over the course of 50 years, Dexter grew his company to eight package shipping stores. With his retirement approaching and the i
Butoxors [25]

Answer:

B. Defensive Strategy

Explanation:

One thing that is inevitable in business is competition. Dexter decided to use a defensive strategy for his business with his retirement coming in and competition becoming even stronger.

Defensive strategies are management techniques used to "fend off attacks" from competitors. It helps the decision maker hold on to shares of the market. Some companies do this to lower the risk of being attacked when they perceive attacks coming from competitors so in turn, those competitors can focus on other competitors in the market.

8 0
2 years ago
Other questions:
  • A manager wishes to improve the job performance of a group of clerical workers. based on herzberg's theory, ________ would be an
    10·1 answer
  • Ichabod Industries has a Latin American Division, a European Division, an Industrial Lubricants Division, and a Food Service Div
    8·1 answer
  • Holton Company makes three products in a single facility. Data concerning these products follow:
    6·1 answer
  • A rich donor gives a hospital $1,040,000 one year from today. Each year after that, the hospital will receive a payment 6% large
    7·1 answer
  • Asa works as an order-taker at Simply Salads, a fast-food restaurant. He does not cook food, or even package the final order, bu
    11·1 answer
  • Your sister just deposited $14,000 into an investment account. She believes that she will earn an annual return of 10.5 percent
    5·1 answer
  • Doctor Company prepared the tabulation below at December 31, 2017. Net Income $307,000 Adjustments to reconcile net income to ne
    15·1 answer
  • The following information was drawn from the accounting records of Chapin Company. On January 1, Year 1, Chapin paid $56,000 cas
    11·1 answer
  • The following selected transactions relate to liabilities of Food Emporium whose fiscal year ends on December 31.
    10·1 answer
  • Rust Pipe Co. was established in 1994. Four years later the company went public. At that time, Robert Rust, the original owner,
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!