Maximum annual output options In ancient days a tribe of natives on the mythical continent of Atlantis was able to produce two commodities to eat. They could harvest fish from the sea and they could grow a form of wild oats. Table 1.a. and Graph 1.a. both show the maximum annual output combinations of fish and wild oats that could be produced by the natives of Atlantis. Table 1.a. Maximum annual output options ...
Overview of the UK Housing MarketThe analysis of housing market of UK is an interesting aspect for several reasons. Housing market in UK holds a pivotal position in the economy. As compared to other European nations UK has a much higher owner occupation rate. In 2011, UK’s owner occupation rate was 70% as compared to a rate of 45% in Germany and 56% in France. The housing price in UK has constituted a steady upward trend in the last few ...
Product DescriptionThis report will focus on the product Shokubutsu which contains natural skin- caring agent, Green tea extract. The green tea content in this product softly cleanses and rejuvenates skin in order to provide an appropriate balance and refreshing shower experience for skin. The pleasant essence of this product gives a serene and relaxing feeling to the users throughout the day (Osman et al. 2016). In addition to providing a r...
Impact of Taxing Sugar-Sweetened Drinks on Consumers and Sellers Tax incidence When a tax is imposed, it has an impact on the distribution of social and social welfare. Tax incidence analyses impact of an imposed tax on economic welfare (Moulin 2014). The group or individual who bears the tax burden directly or indirectly realizes the incidence of taxation. The impact of taxation is a part of the microeconomic lesson on de...
Green Supply Chain Management practices at Haigh's ChocolatesThe report critically examines the chosen case study on the basis of range of articles on sustainable engineering practices like the green supply chain management. The chosen case study reports on environmental sustainability practices by Haigh's Chocolates. The chosen subject area to be critically analysed is “Green Supply Chain Management”. According to the chosen ...
Lean Management and Arabian Construction CompanyConstruction industry is one of the fastest growing and booming industry all over the world. The industry plays a very significant role in development of all the other industry and contributes towards economic development of countries. International market research firm Deloitte reports that global construction industry is facing several challenges like extremely high material price, talent manag...
The importance of supply chain and distributionThe main aim of companies and any other business enterprise is to satisfy the demands of their customers. This process includes gathering information about the needs and desires of customers, gathering of the necessary resources to produce the product demanded by customers than the actual production process(Hoffman 2016). It is after the production of the products that the manufacturer finds ways ...
4 processes of 'Project Procurement ManagementDiscuss about the IT Procurement and Vendor Management for 4 Processes. In order to establish and maintain effective relationship with vendors the Project Procurement Management cycle with its 4 basic steps are very beneficial for any business organisation. The four conjugative parts of Project Procurement Management is The Planning Process, The selection Process, The Administration Pro...
BitcoinDiscuss about the Monetary Policys Crytocurrency Challenge. The supply of Bitcoin is limited by design based on algorithms that design how much of bitcoin is to be supplied. The supply of Bitcoin is capped at the level that it will be until 2040 and then shall remain the same “ad infinitum” . The supply curve increases at diminishing rate. Hence, the supply is inelastic beyond 2040 and slightly elastic before 2040. (G.B...
The Importance of Reverse LogisticsDiscuss about the European Journal of Operational Research. The reverse logistics or RL have, in the recent times, resulted in the gaining of the attention of the environmentalists to be an effective solution in the addressal of the various sustainability issues. The various industries in the global market take note for the improvement of the cost base through the process of recovery of products. The End...
Production and Export of CherriesDiscuss about the Economic Impacts of Bird Damage and Management. This report discusses the expansion of the Wild about Fruit Company in the Japanese market. In the recent times, the demand of fruits in the domestic market of Japan have increased and consequently the demand of the imported fruits in the Japanese market have also increased. The company is located in the Yarra Valley of Australia. Australia ...
The Importance of distribution channels and accurate delivery of products and servicesDiscuss about the Communications and Strategic Regionalism. In the present times, the ideas that concentrate on production of products in most companies are not enough. There is need for every marketer of company to ensure that their products along with services are delivered to the appropriate marketer and customers at the right time to right people a...
Introduction to Supply Chain ManagementDsicuss about the Relevance Strategic Management Theory And Research. In this modern world competition is now no longer between companies but now it is between supply chains of the company. The supply chain is a network of suppliers and company to produce and distribute their product and supply chain gives steps for the distribution of the product. This is the process which converts natural raw mater...
Economic Growth of Australia over the Last Five Years Discuss about the GDP And Economic Growth Of Australia. For a while now, the Australian economy has been enjoying consistent economic growth. Among the developed countries, Australia has experienced the longest period of economic growth. Specifically, the country is the only one among developed nations that has enjoyed a period of uninterrupted economic growth (Jericho, 2014). Over the past ...
Background of IKEADiscuss about the Ikea Supply Chain Management. Supply Chain Management is considered to be an important aspect of any organization which goes a long way in defining and maintaining its services. If the supply chain function of the organization is good then the organization will be able to function well and attain a sustainable competitive advantage (Christopher 2016). The given report will be discussing the different ...
Key Principles of SCMQuestion:Explain the purpose of the author or the article, ‘The 7 Principles of SCM’.The article 7 Principles of Supply Chain is one of the most famous and recognized articles which explain the key supply chain management principles and help the managers to decide that in what particular manner the organisations must proceed. The article discusses the most significant seven principles of supply chain. The first m...
Overview of Bond Market Value and Expected ReturnQuestion:Discuss about the Valuation and risk assessment of participating life. Bond market value Expected return on bond a) $800.00 = (1000-800)/800 = 25.00% b) $950.00 = (1000-950)/950 = 5.26% c) $1,000.00 = (1000-1000)/1000 ...
Price Comparison Discuss About The Behind Management In Enterprise Business? Logistics is a challenging field where key considerations have to be made in order to achieve the best results and meet objectives, especially in aid related logistics, usually in developing nations where transport and communications systems, and general systems are not efficient compared to the developed World (Ivanov, Tsipoulanidis and Scho?nberger, 2016). In this pa...
The Supply and Demand Concept and CompetitionDiscuss about the Comparative Cost of Food and Beverages. FoodByUs launched in Sydney in 2013 for the purpose of providing online food services to the local people in their community. Company is working as an online middleman for the person living in Australia. FoodByUs provides good quality homemade food products to the customers at low price (Timeout, 2018). Basically it is an electronic ...
Challenges Faced by the OrganisationDiscuss about the Challenges faced by Morgan Car Company. Many types of challenges are faced by various companies all around the world (Hayes, 2014). In the late 90’s when the age of computers and automatic machines have revolutionised the world, there were some companies like Morgan car which still preferred to make cars by hands (Booth, 2015). These handicraft cars were in high demands. Its co...
Woolworths Group OverviewHow procurement and demand management is applied by Woolworths in the real world? The main aim of this task is to provide a brief overview about the procurement and demand management of Woolworths. Woolworths is the biggest retail company which delivers retail products and services to the customers across the world. In today’s competitive world, the firm is expanding and flourishing its business activities...
Why did Apple's revenue increase despite a decrease in quantity sold?1.Explain intuitively why Apple’s revenue has increased after the average sale price increase, even though the quantity sold fell. 2.Given that the average sale price of an iPhone increased from $694 in Q1 2017 to $796 in Q1 2018 (Gartenberg, 2018), calculate the price elasticity of demand for Apple iPhones. 3.Draw a representative demand curve for Apple iPh...
BackgroundDiscuss about the Impact of change in value of currency. The increase in the value of Australian dollar has influenced the nation’s economy. Though the appreciation in the Australian dollar can offer several benefits to the Australian economy there are certain negative impacts of the same. The research is undertaken to analyse the impact of strengthening of dollar value in respect to US dollar and to identify the impacts...
The Art of WarQuestion:Discuss about the Strategic Management for Warfare and Strategy. The Art of War has always been considered as a definitive text written on the basis of military warfare and strategy. It was written in ancient China by Sun Tzu and ever since it is inspiring business, athletes, individuals and even the military personnel to beat their contenders (Hanzhang, 2007). The key ideology of the books is to gather sufficient und...
Green Logistics and its BenefitsDiscuss about the Logistics Management on Reverse Logistics. The below-presented report has been concentrated on the term Green Logistics and the prime objective of the presented review is critically describing the concept of green logistics for a business organization. Moreover, the second focal point of the review is ICT that is the information and communication technology. More focus is given on gene...