BackSaver Ltd. is a retailer of home office furniture. During the pandemic, BackSaver has seen a...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
BackSaver Ltd. is a retailer of home office furniture. During the pandemic, BackSaver has seen a surge in demand for its products and has developed a strategy to satisfy customer demand. Specifically, BackSaver tries to diversify its supply chain by maintaining effective relationships with suppliers in different regions and implement a sophisticated inventory management system to avoid stockouts. c) Simons (2000) discusses three sources of strategic risks (i.e., operations, asset impairment and competitive). (i) Identify and discuss one (1) operations risk for BackSaver. Your answer must be specific to its strategy. (2 marks) (ii) Identify and discuss one (1) competitive risk for BackSaver. In your answer, specify the source of the competitive risk. (2 marks) BackSaver Ltd. is a retailer of home office furniture. During the pandemic, BackSaver has seen a surge in demand for its products and has developed a strategy to satisfy customer demand. Specifically, BackSaver tries to diversify its supply chain by maintaining effective relationships with suppliers in different regions and implement a sophisticated inventory management system to avoid stockouts. c) Simons (2000) discusses three sources of strategic risks (i.e., operations, asset impairment and competitive). (i) Identify and discuss one (1) operations risk for BackSaver. Your answer must be specific to its strategy. (2 marks) (ii) Identify and discuss one (1) competitive risk for BackSaver. In your answer, specify the source of the competitive risk. (2 marks)
Expert Answer:
Answer rating: 100% (QA)
Answer Operations Risk i Operations risks are faced challanges the companies have to face in their n... View the full answer
Posted Date:
Students also viewed these accounting questions
-
Home Sweet Home Inc. is a retailer of home accessories. The company's inventory balance a t the beginning of the year was $600,000; Home Sweet Home purchased $500,000 of goods during January, and...
-
Home Sweet Home Inc. is a retailer of home accessories. The companys inventory balance at the beginning of the year was $720,000; Home Sweet Home purchased $600,000 of goods during January, and sales...
-
Terry medical Supplies is a retailer of home medical equipment. Last year, Terrys sales revenues totaled $ 6,100,000. Total expenses were $ 2,590,000. Of this amount, approximately $ 1,342,000 were...
-
On August 31, 2018, Rijo Equipment Repair Corp.'s opening trial balance was as follows. The company prepares adjusting entries monthly. During September, the following transactions were completed:...
-
A study by researchers at the University of Maryland addressed the question of whether the mean body temperature of humans is 98.6F. The results of the study by P. Mackowiak et al. appeared in the...
-
Shares of firm A and firm B are traded on an efficient market. The two firms are similar in their operations, are of the same size and risk, and are growing rapidly. They both report the same net...
-
Determine the probability mass function of \(X\) from the following cumulative distribution function: \[ F(x)=\left\{\begin{array}{lr} 0 & x. \] Figure 3.3 displays a plot of \(F(x)\). From the plot,...
-
Data related to the acquisition of timber rights and intangible assets of Gemini Company during the current year ended December 31 are as follows: a. On December 31, Gemini Company determined that...
-
Caleb, a high school wood and metal work teacher, has provided details of the following transactions during the year ended 3 0 June 2 0 2 3 : - Recieved salary of $ 1 0 4 , 0 0 0 for the school he is...
-
The comparative balance sheet of Iglesias Inc. for December 31, 20Y3 and 20Y2, is as follows: Additional data obtained from an examination of the accounts in the ledger for 20Y3 are as follows: a....
-
The sales in the children's department for the year amounted to $416,000. The stock at the beginning of the year was $120,000 at retail, and for the end of the year, the retail stock figure was...
-
What is meant by the statement Programmer time is an efficiency consideration? Give an example of a situation in which programmer time is used to justify the choice of an algorithm (possibly at the...
-
In Chapter 6, we discussed how to store a linked list in an array of nodes using index values as pointers and managing our list of free nodes. We can use these same techniques to store the nodes of a...
-
Determine the Big-O measure for QuickSort based on the number of elements moved rather than the number of comparisons 1. for the best case. 2. for the worst case.
-
If node 1 is to be deleted, the value in which node could be used to replace it? The numbers on the nodes are labels so that we can talk about the nodes; they are not key values within the nodes. 4 2...
-
How many comparisons would be needed to sort an array containing 100 elements using ShortBubble 1. in the worst case? 2. in the best case?
-
The diagram below represents the payoff of a European call option on stock with strike price (K) $100, initial cost (option premium) -$10 and option life of 6 months. The market price of the...
-
Element compound homogeneous mixture (heterogeneous mixture) 4) A piece of gold has a mass of 49.75 g. What should the volume be if it is pure gold? Gold has a density of 19.3 g/cm (3 points) D=m/v...
-
The preferred stock of the Luxemburg Mining Corporation pays a $3.25 dividend. What is the value of the stock if your required rate of return is 8 percent?
-
What is the value of Brunei Petroleum Companys preferred stock when the dividend rate is 18 percent on a $100 par value? The appropriate discount rate for a stock of this risk level is 14 percent.
-
What is the value of Queens Park PLCs preferred stock when the dividend rate is 10 percent on a $100 par value? The appropriate discount rate for a stock of this risk level is 16 percent.
Study smarter with the SolutionInn App