Use the Following to Answer the Questions Below

question 130

Multiple Choice

Use the following to answer the questions below.
The Steele Bike Company assembles bicycles for a major retail toy outlet.The main purchase is bicycle frames for making these bicycles.Dan Steele,the owner,wants to locate a low-cost supplier for the frames used in this assembly operation.The supplier will be selected based on total annual cost to supply Steele's needs.Annual requirements are for 100,000 frames,and the company operates 200 days a year.Two suppliers,Acme and State,have quoted the same price for the frames,but quantities,lead times and shipping costs are considerably different.The following data are available for the two suppliers.

-Refer to the instruction above.Based on your Total Cost Analysis,which supplier should be selected if the lower cost supplier is chosen?

• A)Acme
• B)State
• C)Since the costs are the same,either supplier could be selected.
• D)More information is needed to answer this question.

Understand the impact of demographics and psychographics in audience analysis.

Develop empathy and understand its relevance in communication and audience analysis.

Understand and identify different domains in Schwartz's values model.

Differentiate between espoused and enacted values within organizations.

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Definitions:

Federal Bankruptcy Courts

Specialized courts within the U.S. federal judiciary that handle cases and matters related to bankruptcy.

Bankruptcy Proceedings

Legal processes initiated by individuals or businesses unable to meet their debt obligations.

Chapter 7

A bankruptcy process providing for the liquidation of a debtor's assets to pay off creditors.

Individuals

Refers to human beings, especially when considered as distinct entities within a specified context.