Skipper’s Pet Products was started by Steve to sell a range of dog food and treats made from fish. Due to fish being a very perishable product, different methods are used to preserve the life and quality of the product. Arguably, the best method, albeit the most labour intensive and time-consuming, is to dry the fish over several days. This process maintains the nutritional content of the fish, which is often lost using other methods, and it is this that enables Skipper’s to offer a product with a clear USP.
The company is based in Steve’s hometown of Grimsby and he is proud of the local fishing heritage. The fish used in Skipper’s products is sourced from the docks in Grimsby or nearby Hull. Steve says the location of the business means that raw materials and qualified labour are easy to source.
Skipper’s Pet Products have lots of competition, but the competitors buy low quality fish
in China and cook the treats at high temperatures which removes some nutrients so they
are not high quality, healthy dog treats like Skipper’s treats.

The company website allows Skipper’s to sell their dog treats to customers all over the UK. The website sales are increasing each month and generate a larger profit margin than Skipper’s sales to pet shops.




question: Evaluate whether locating Skipper’s close to raw materials was the most important
factor Steve should have considered when choosing a location for his business.
You should use your knowledge of the business as well as the information provided

Answers

Answer 1

Answer: Yes it was

Explanation:

When considering where you should set up location, it is best to look at the cost of locating your business from various perspectives such as raw material acquisition, transport to suppliers, transport to customers and accessibility.

Depending on the business, some factors would have to be given more weight. In the above scenario, raw material acquisition and transport from suppliers should be given a higher weight because the goods are perishable and so costs would be high if the location is too far from the source of the fish.

Given that technology has made it easier to sell from many places, transport to customers is not as major a factor as transport to suppliers. The most important factor to focus on for this business therefore is raw material acquisition and by locating the company so close to the source, the cost to acquire the raw material from suppliers was heavily reduced so this was the best option.


Related Questions

Relative to a flat organizational structure, a tall structure has a _____ span of management and _____ hierarchical levels.

Answers

Answer:

Relative to a flat organizational structure, a tall structure has a Narrow span of management and more hierarchical levels.

In LPC theory, which factor reflects the extent to which the leader can assign work, reward and punish employees, and recommend them for promotion

Answers

Question options:

a. Task structure

b. Leader-member relations

c. Leader position power

d. Leader personality

e. Organizational structure

Answer:

c. Leader position power

Explanation:

The LPC(least preferred coworker scale) measures the extent to which a person is a relationship oriented leader or a task oriented leader.

A person with a high LPC is a leadership oriented leader while a person with low LPC is a task oriented leader. Therefore a leader with low LPC tends to be the type to severly assign,punish and reward employees based on performance alone.

You are required to prepare, through education and ongoing study, to achieve and maintain your expertise in the industry in order to be able to competently represent the Buyer. This is an example of

Answers

Answer:

reasonable care

Explanation:

From the question we are given an instance, whereby You are required to prepare, through education and ongoing study, to achieve and maintain your expertise in the industry in order to be able to competently represent the Buyer. This is an example of reasonable care.

Reasonable care can be regarded as degree of caution as well as attention which would be given to possible dangers by ordinarily prudent or rational person in similar circumstances. Instance of this is a first aider, which his duty is to care towards casualties so that he can exercise reasonable care as well as skill as regards providing first aid treatment.

Ted is a favorite among his subordinates, as he gets directly involved in the minute details of their work. He is task-oriented and has clear knowledge on critical operational details of his team. In this context, Ted can be considered a(n) _____ leader.

Answers

Answer:

ingratiating.

Explanation:

It is correct to say that Ted can be considered an ingratiating leader, which is a technique used to improve personal relationships through the use of sympathy, assistance, interest and collaboration, so that there is a positive influence on people and consequently greater individual willingness to respond to expectations of that person.

As the question explains, Ted has the sympathy of subordinates and is considered one of the favorite leaders because he gets involved in the work, understands the workers and helps with tasks, so he is a ingratiating leader.

homeworklib Adirondak Marketing Inc. manufactures two products, A and B. Presently, the company uses a single plantwide factory overhead rate for allocating overhead to products. However, management is considering moving to a multiple department rate system for allocating overhead. Overhead Total Direct Labor Hours DLH per Product A B Painting Dept. $251,800 11,700 6 10 Finishing Dept. 72,800 10,000 2 5 Totals $324,600 21,700 8 15 Calculate the overhead rate per unit for Product A in the Painting Department of Adirondack Marketing Inc.

Answers

Answer:

$89.76

Explanation:

Calculation to determine the overhead rate per unit for Product A in the Painting Department of Adirondack Marketing Inc.

First step is to calculate Single overhead rate per hour using this formula

Single overhead rate per hour = Total overheads/ Total labor hour

Let plug in the formula

Single overhead rate per hour = 324600/21700 Single overhead rate per hour = 14.96per labor hour

Now let determine the Overhead rate per unit of product A in the painting department

Overhead rate per unit of product A in the painting department = 6 hours × $14.96per hour

Overhead rate = $89.76 per unit

Therefore, the overhead rate per unit for Product A in the Painting Department of Adirondack Marketing Inc is $89.76 per unit

Which trend is not contributing to the current revolutionary transformation of the healthcare industry

Answers

Answer:

health plans shifting from governmental to employee sponsored.

Explanation:

The healthcare industry is an integration as well as aggregation of the different sectors within its economic system which provides the goods and the services for the treatment of the patients with a curative as well as preventive, palliative and rehabilitative care.

The healthcare industry is recently changing and transforming. The technological advancements in the healthcare system contributes to the shift in the patient-centered healthcare system. The healthcare industry is entering into an era of a digital innovation, as the patients seeking on-demand healthcare because of their busy schedules.

Also in the recent times we have seen that the health care and the different health policies and plan introduced by the healthcare companies shifted from the government sponsored to the employee sponsored programs.

Thus the trend that does not contributes to the change in the healthcare industry is the health related plans that shifts from the governmental sponsored to the employee sponsored.

4. Does inflation cause a change in demand? Explain the role of inflation in determining demand.

Answers

Answer:

Inflation is an increase in the general price level in an economy. It is probably caused by the relative increase in the amount of money in relation to the available economic production. If the social money supply increases and the country's production is not matched, the average price level will rise due to the increased demand for goods. Due to the price increases, the value of money, the purchasing power of money, decreases. You can buy less for the same amount, thus lowering demand.

People who are not currently employed but say they want a job are counted as unemployed only if they _____

Answers

Answer:

B

Explanation:

a. have previously held a job.

b. are actively seeking employment at least in the past 4 weeks.

c. are only willing to accept a reasonable offer.

d.are more than 21 years of age.

A person is unemployed if she does not have a job but is actively seeking employment

types of unemployment

structural unemployment is an unemployment that occurs as a result of changes in the economy. These changes can be as a result of changes in technology, polices or competition. Structural unemployment tends to be permanent.  

The geologist lost his hob permanently due to increase in wages (polices)

Frictional unemployment:  the period of time a person is unemployed from the period he leaves his current job and the time he gets another job. Eg. when a real estate agent who leaves a job in Texas and searches for a similar, higher-paying job in California.

Voluntary unemployment: e.g. worker at a fast-food restaurant who quits work and attends college.

There are many organizational features that can change the direction of the company. Some of these include processes, politics, culture, and environment. Managers must understand how organizational features can influence their business in order to build and use informations systems successfully. Internal and external elements that affect various parts of an organization, for instance the government, competitors, customers, and suppliers, are examples of what organizational feature

Answers

Answer:

environmental

Explanation:

A manager can be defined as an individual who is saddled with the responsibility of providing guidance, support, supervision, administrative control, as well as acting as a role model or example to the employees working in an organization by being morally upright.

In Business management, the five (5) main organizational features which are capable of changing the direction of a company or business firm are classified as;

I. Culture.

II. Processes.

III. Politics.

IV. Environmental.

V. Structure.

Generally, it is expected that managers understand how the aforementioned organizational features can influence their business so as to build and use informations systems (IS) to drive the business successfully.

The internal and external elements such as government, competitors, customers, and suppliers that affect various parts of an organization are examples of environmental organizational feature.

Environmental scanning is a management strategy that focuses on systematically acquiring informations about occasions, trends, events or patterns through surveys and analysis of these information in an organisation's external and internal environment. The informations acquired through environmental scanning is then used by the executive management in strategically planning the organisation's future and exploitation of available opportunities for the success of the organization.

The internal environmental scanning offers an organization strength and weakness while the external environmental scanning provides information about opportunities and threats.

On the other hand, external environmental scanning gives an overview of the opportunities in the market as well as potential threats to an organization.

Mary Kay Cosmetics and Amway sell their products through home and office sales parties, online websites, and social media. Both companies use a(n) ________ channel to distribute their offerings.

Answers

Answer:

Direct channel

Explanation:

A channel of distribution (also known as marketing channel) involves a group of interdependent organizations who work together to make a product or service available for use or consumption, as well as providing a means of payment to the provider.

A direct channel of distribution is a type of distribution in which product and services are made readily to the consumer by the producers without using any intermediaries.

If the two countries have the same amount of resources and the same technological knowledge, which country has an absolute advantage in the production of popsicles

Answers

Answer:neither does

Explanation:

A lease agreement contains a clause that gives the tenant the right to purchase the property at a specified price. This type of agreement is called a

Answers

Answer: Finance Lease

Explanation:

There are two main types of leases which are operating leases and finance leases. Operating leases work much like an asset being rented so no ownership is passed from the person leasing to the leasee.

When it comes to finance leases however, the person leasing treats the asset as if it is their own. They record depreciation and list it as an asset in their balance sheets. At the end of the lease term, the leasee then has the option to purchase the asset.

Tenant Tomas and landlord Landis enter into a contract for Tomas to rent Landis's home for two years. Halfway through the lease, Tomas decides to install smart lights and a security system that requires intensive modifications to the wiring and electrical system. May Tomas make such improvements?

Answers

Answer:

Yes, with Landis' permission

Explanation:

Yes, with Landis' permission.

Any major modifications to a property leased must be done with the knowledge and permission of the landlord. In the case of Thomas(Tenant), the permission of Landis (Landlord) must be sought before Thomas can install the smart light and security system on the property.

Mr. Grove is particularly concerned about the best policies for creating good-paying jobs in the United States. He noted there is a lot of awareness of, and thus funding going toward, starting new companies in the U.S. What does he think is a better use of the financial resources of the United States in this regard

Answers

Answer: incentives to invest in large-scale projects built within the U.S., such as building batteries for electric cars.

Explanation:

An incentive is the “cash or near-cash assistance that's provided in order to either retain or attract business operations.

Following the information given in the question, Mr Grove believes that incentives to invest in large-scale projects built within the U.S., such as building batteries for electric cars will be a better use of the financial resources of the country.

In comparing two investment alternatives, the difference between the net present values of the two alternatives obtained using the total-cost approach will be:

Answers

Answer:

the same as using the incremental cost approach

Explanation:

There are two approaches to compare rival investment proposals using the net present value method (npv comparison). The total cost method as well as the incremental cost strategy are two different approaches. The total cost method has the distinct benefit of allowing an unlimited number of choices to be evaluated side by side to find the optimal course of conduct.

Suppose the government decides that every family should own its own home. To bring this about, the government decides to subsidize the home-construction industry by giving the home-construction companies $10,000 for every house that they build. As a result of this,

Answers

Answer: the supply curve of new houses would shift rightward, since builders would be willing to produce and sell more houses at each given price.

Explanation:

Since the government decides to subsidize the home-construction industry by giving the home-construction companies $10,000 for every house that they build, then the supply curve of new houses would shift rightward, since builders would be willing to produce and sell more houses at each given price.

Builders will be willing to produce more houses because they'll intend to get the $10000 given by the government and this will be a source of motivation. Therefore, the supply curve will shift to the right.

In California, an organization that can raise unlimited sums of money from corporations, unions, associations, and individuals and then spend unlimited sums to overtly work for or against a candidate is called a(n) Group of answer choices

Answers

Answer:

Political party.

Explanation:

Democracy can be defined as a government of the people, by the people and for the people.

There are two (2) main types of democracy and these include;

I. Representative democracy: it's also known as indirect democracy and can be defined as a form of government which typically involves the process of having the citizens of a particular country vote to elect representatives (political leaders) to enact laws, create policies and make decisions on their behalf.

II. Direct democracy: it can be defined as a process which typically involves the candidates voting for their preferred choice. Thus, their choices are reflected directly on the subject matter.

In California, a political party refers to an organization that is capable of raising an unlimited amount of money from corporations, unions, associations, businesses, and individuals in order to spend these sums of money to overtly work for its preferred candidate (flagbeaer) or against a candidate belonging to an opposition party.

Some examples of political party in the United States of America are Republican party (Grand old party), Democratic party, Labour party, Green party, etc.

In conclusion, a political party is an organization of people sharing similar political ideologies that provides a platform for a chosen candidate to run as its sole candidate in an election.

The ________ line is a financial analysis tool that enables you to see patterns in cash inflows and outflows. A : value B : money C : time D : trend

Answers

B.money because money deals with financial

based on the diminishing returns to specialization, it is more realistic to assume that the units of resources required to produce one unit will

Answers

Answer:

decrease.

Explanation:

Diminishing returns to specialization is when resources can freely used to produce any good. Units of resources required to produce one additional unit will decrease. The rate of output will increase with same resources.

If variable costs per unit decreased because of a decrease in utility rates, the break-even point would

Answers

Answer:

Decrease

Explanation:

The break-even point will decrease because the variable cost increases when the volume of quantity increases and it decreases when the volume of quantity decreases. Therefore, due to a decrease in utility rates, the decrease in variable cost will decrease the break-even point because it will fall the quantity and revenue simultaneously.

Bambi is buying a property on an installment sales contract. Due to her financial interest in the property, she retains equitable title. What does the seller retain

Answers

Answer:

Legal title

Explanation:

A contract can be defined as an agreement between two or more parties (group of people) which gives rise to a mutual legal obligation or enforceable by law.

There are different types of contract in business and these includes: fixed-price contract, cost-plus contract, bilateral contract, implies contract, unilateral contract, adhesion contract, unconscionable contract, option contract, express contract, etc.

Mutual assent is a legal term which represents an agreement by both parties to a contract. When two parties to a contract both have an understanding of the parameters, terms and conditions surrounding a contract, it ultimately implies that they are in agreement and this is generally referred to as mutual assent

In this scenario, Bambi purchased a property using an installment sales contract.

An equitable title can be defined as the right of an individual to use and enjoy an asset (property) due to his or her financial interest in the asset.

On the other hand, a legal title can be defined as the actual (absolute) ownership of a property that is recognized and enforceable in a court of competent jurisdiction.

Hence, Bambi would retain an equitable title from the purchase of the property due to her financial interest in this property while the owner of the property (seller) retains a legal title.

A contract is defined as an agreement that defines and binds the personally legally. It may involve the exchange of goods and services.

Since he is buying a property on an installment of the sales contract which due to her financial insurers in the property remain entitled is know as the legal title. It represents the actual ownership of the proper and is visible by the public records.

Learn more about the due to her financial interest in the property

brainly.com/question/24178410.

Why is price important to a company?
A.
It covers their costs.
B.
It is a part of the marketing mix.
C.
It makes customers purchase their products.
D.
It brings the company profits and decides its ability to survive in the market.

Answers

Answer:

B. It is a part of the marketing mix.

Explanation:

Price refers to the amount of money a customer or consumer buying goods and services are willing to pay for the goods and services being offered. The price of goods and services are primarily being set by the seller or service provider.

Price is important to a company because it is a part of the marketing mix.

Generally, a marketing mix is made up of the four (4) Ps;

1. Products: this is typically the goods and services that gives satisfaction to the customer's needs and wants. They are either tangible or intangible items.

2. Price: this represents the amount of money a customer buying goods and services are willing to pay for it.

3. Place: this represents the areas of distribution of these goods and services for easier access by the potential customers.

4. Promotions: for a good sales record or in order to increase the number of people buying a product and taking services, it is very important to have a good marketing communication such as advertising, sales promotion, direct marketing etc.

Price is generally considered to be a variable in the marketing mix that is most flexible because unlike other elements of production, it can be easily changed. An organization can decide to either raise or lower it's price depending on the nature of the market.

If an initial increase in government spending of $100 billion leads to a total increase of $400 billion in income, the marginal propensity to consume in the economy is

Answers

Answer:

0.75

Explanation:

Government spending of $100 billion

Total increase of $400 billion in income

Multiplier = 1 / (`1 - MPC)

400 billion/100 billion = 1 / (`1 - MPC)

1 / (`1 - MPC) = 4

1 - MPC = 1/4

1 - MPC = 0.25

MPC = 1 - 0.25

MPC = 0.75

Thus, the marginal propensity to consume in the economy is 0.75.

Who is the first modern president by virtue of taking on a major role in the decision- making process

Answers

Answer:

the correct answer is:

Franklin D. Roosevelt

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The boss stops providing free coffee to the workers when the monthly sales goal is not met. This is an example of:

Answers

Answer:

negative incentive

Explanation:

When the Federal Reserve decreases the federal funds target rate, the lower rate is achieved through a. purchases of government bonds, which reduces interest rates and causes people to hold more money. b. purchases of government bonds, which reduces interest rates and causes people to hold less money. c. sales of government bonds, which reduces interest rates and causes people to hold less money. d. sales of government bonds, which reduces interest rates and causes people to hold more money

Answers

Answer:

a. purchases of government bonds, which reduces interest rates and causes people to hold more money.

Explanation:

In the case when the federal reserve want to reduce the rate so federal reserve purchased the government bonds from the members of the bank. Also the deposit should be credited to the balance sheet of the bank that provides the more reserve as they needed .This represent that bank should lower the fund rate of federal reserve in order to lending out the additional funds

The emphasis of the Second New Deal was on a.economic recovery, creating government programs to address the immediate needs of the unemployed. b.protecting the rights of businesses, especially small businesses. c.economic security, in an effort to protect Americans against poverty and unemployment. d.civil rights for African-Americans.

Answers

The correct answer is A) economic recovery, creating government programs to address the immediate needs of the unemployed.

The emphasis of the Second New Deal was on economic recovery, creating government programs to address the immediate needs of the unemployed.

The Second New Deal included new programs to extend federal aid and stimulate the nation's economy, such as the Rural Electrification Administration.

In the decade of 1930s, rural America had no electricity and clear water. The Rural Electrification Administration hired Lester Beall, a graphic designer that created a series of posters describing the benefits of electrification for the communities.

Another example is President Roosevelt’s works progress administration of 1935 that considered many infrastructure programs for the benefit of the U.S. citizens. He also considered the Federal Project Number One. This was a program aimed to help writers, musicians, and artists. Roosevelt aimed to get jobs for these people in order to entertain the American citizens during those difficult times.

There are three types of workflows you can create in HubSpot. What are they? Start from scratch, Center on a sales date, and Center on a date property Start from scratch, Center on a marketing date, and Center on a date property Start from scratch, Center on a date, and Center on a date property Start from a contact property, Center on a date, and Center on a date property

Answers

Answer:

The three types of workflows you can create in HubSpot are:

Start from scratch Center on a date Center on a date property

Explanation:

In Hubspot, you create workflows using any of the three methods indicated above.

1. For Start from Scratch workflow types, the activity associated with a workflow  is dependent on when the contacts are entered into the workflow.

An example of a Starch from Scratch workflow is:

Sending an email after new contacts submit an inquiry form in order to follow up.

2. For Center on a date, all workflow actions are related to a specific calendar date that is fixed.

An example could be sending our season's greetings to all the client's contacts.

3. For Center on a date property

An example is sending reminder emails based on a contact's training date.

This method relates to workflow actions that are dependent on the nature of the property of the date relating to a contact.

Cheers

There are three types of workflows that can be created in the HubSpot. They are 1. Start from scratch, 2. center on a date ad 3. center on a date property. So, the correct option matching the query is C.

The workflows in hubspot are very easy and are able to be performed in a synchronized manner and by the way of set standard procedure on the hubspot website.

HubSpot is a website that works in the marketing field using the internet and email applications and integrates the user interface with the user-based history for triggering relevant matches.

Using of this workflow in the HubSpot can help in reducing the possibility of error in marketing. Advertisements can hamper the user experience only with a good interface.

Workflow is basically a term relating to the marketing field where the complete process is automatic and based on computer and artificial intelligence applications to trigger correct emails.

Hence, the correct option of three types of workflows in HubSpot is C- Start from the scratch, center on a date, center on a date property.

To know more about workflow, click on the link below.

https://brainly.com/question/1264817

Rimi currently earns $3300 per month. She has the following monthly debt payment expenses: $80 for credit cards, $130 for student loans, and a $215 car payment. She is looking to buy a house. The monthly mortgage, including principal, insurance, taxes, and insurance is $1221. Does Rimi pass the FHA total fixed payments to income ratio requirement

Answers

Answer:

No, her ratio is greater than 37%

Explanation:

Given:

Monthly income = $3,300

Credit card expenses = $80

Student loan expenses = $130

Car payment = $215

All insurances = $1,221

Computation:

Total debt to income ratio = Total debt / Total income

Total debt to income ratio =  (80 + 130 + 215 + 1221) / 3300

Total debt to income ratio = 49.87%  

Housing payments to income ratio = All insurances / Monthly income

Housing payments to income ratio = (1221) / 3300

Housing payments to income ratio = 37%  

No, her ratio is greater than 37%

Norah's goal for her upcoming sales call is to sell 10 cases of anchovies to Darby's Diner, though she would be willing to accept an order for just five cases, too. Additionally, she is planning to approach the owner to enter into an agreement to purchase anchovies only from her supplier. For Norah, setting up a straight rebuy situation with Darby's Diner is her __________ in this scenario.

Answers

Answer:

optimistic call objective.

Explanation:

Salespeople can be defined as a group of individuals or employees who are saddled with the responsibility of taking orders from customers, as well as sales of finished goods and services to consumers or end users.

In sales and marketing, the term closing with respect to a sales can be defined as the process of making a business sale successful such as through the exchange of money for a particular product or goods.

For a salesperson to be able to close a sales, he or she require abilities such as courage, negotiation skills, listening ears and interpersonal skills to do so or achieve a successful sales.

For Norah, setting up a straight rebuy situation with Darby's Diner is her optimistic call objective in this scenario.

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