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Q. Show the benefits of JIT?
Additionally to a higher price and quicker settlement by its major customer such a JIT agreement offers several benefits to the supplier of goods. Along with these are
- A guaranteed order from a major customer will facilitate output planning and the ordering of materials as inputs into its own production. Marton possibly capable of negotiate JIT arrangements with its own suppliers using the experience gained.
- The close co-operation inherent in a JIT agreement may support Marton and its customer to engage in joint research and development into planning future products.
- The experience gained in supplying main customer may give Marton the confidence and reputation to negotiate JIT agreements with other customers.
Who owns a credit union? Explain. The term Credit unions are owned by their members. While credit union members put money in their credit union, they are not exactly "depositin
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Q. Types of investment decisions? (1) Short-term investment decisions: - This kind of investment decisions related to the short-term assets. These decisions are as well called
What are the benefits of "collecting early" and how do companies attempt to do this? A fund has time value.The sooner money is collected the better. Companies utilize regional
Modern / Discounting Cash Flow Techniques : These methods generally are of more use to businesses in their investment decisions. They take into account the time value of money and
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Q. What do you mean by Letter of Credit? A letter of credit is an arrangement whereby a bank helps its customer to obtain credit from its (customer's) suppliers. When a bank op
how to do such an assignment?
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