The act of Helsel going to a clothing store, taking the shirt made available on the shelf, and paying at the cash register comprises an Express contract.
An Express contract is one in which the terms and conditions are explicitly stated, whether in writing or orally. In this case, by entering the store, taking the shirt, and paying for it, Helsel is entering into an express contract with the clothing store. The terms of the contract, such as the price of the shirt and the act of payment, are communicated and understood by both parties.
The individual contract refers to a contract entered into by an individual rather than a business entity, and it does not describe the situation in the given context.
The implied contract arises from the conduct or actions of the parties involved but is not explicitly stated. However, in this case, the terms and conditions of the purchase are explicitly communicated and agreed upon.
A unilateral contract is a type of contract where one party makes an offer that can only be accepted through performance. In this scenario, the act of taking the shirt and paying for it is not considered the performance of an offer made by the store.
A voidable contract is a contract that can be legally avoided or canceled by one or both parties involved. However, there is no indication in the scenario that the contract between Helsel and the clothing store is voidable.
Therefore, the correct category of contract in this scenario is an Express contract.
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When gathering information, which of the following tasks might you need to
perform?
A. Apply standards, such as measures of quality, beauty, usefulness,
or ethics
B. Fill out forms, follow procedures, and apply math and science
C. Study objects, conduct tests, research written materials, and ask
questions
O D. Seek out ideas from others and share your own ideas
SUBMIT
Answer:
c
Explanation:
study objects, conduct tests, research, and ask questions
How does the use of credit influence businesses and the economy?
Answer:
When consumers and businesses can borrow money, economic transactions can take place efficiently and the economy can grow. Credit allows companies access to tools they need to produce the items we buy. A business that couldn’t borrow might be unable to buy the machines and raw goods or pay the employees it needs to make products and profit.
Explanation:
hope this helps if not let me know
Todd has hired an inverter to ensure that there is never a loss of power in his new factory. What would Todd pay as his cost of production for the inverter?
Answer:
Rent
Explanation:
As we know that cost of production is the cost that is incurred for producing the products and services. It involves land, labor, capital, etc. The organization should have to pay what the service they are taken for producing the specific quantity
The more the goods produced, the more is the cost of production. This shows that there is a direct relationship between both of them
hence, the rent should be the answer
i
will leave a like
The leading model of customer satisfaction is the confirmation model True False
The statement that "The leading model of customer satisfaction is the confirmation model" is false.
The leading model of customer satisfaction is the expectancy model. The expectancy model states that customer satisfaction is related to the customer's level of expectations before the purchase or service was rendered.
The confirmation model is another model of customer satisfaction that focuses on the customer's expectations. In the confirmation model, customers judge the quality of a product or service based on whether it meets or exceeds their expectations.
This model assumes that customer satisfaction is the result of confirmation or disconfirmation of expectations.
However, this model is not the leading model of customer satisfaction; it is the expectancy model.
The statement that "The leading model of customer satisfaction is the confirmation model" is false.
The leading model of customer satisfaction is the expectancy model, which is based on the customer's level of expectations before the purchase or service was rendered.
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Which of the following is an example of economic risks identified in the Global Risks Report:
A. Fiscal Crises
B. Water Crises
C. Failure of Climate Change Mitigation
D. Food Crisis
Correct option is A. According to the Global Risks Report, fiscal crises are an example of economic risks that can occur in the world. This report is produced by the World Economic Forum (WEF), and it identifies the most significant risks facing the world each year.
The report helps policymakers and business leaders make informed decisions to mitigate these risks and build resilience against potential disruptions in the future.Economic risks are events or situations that can affect economic activity in one way or another. They can lead to economic uncertainty, instability, and even recession. Fiscal crises, such as government debt default, are one example of economic risks. These crises can be caused by various factors, such as weak economic growth, high levels of public debt, and reduced government revenues.
Water crises refer to the scarcity of water resources in various parts of the world. Failure of Climate Change Mitigation refers to the inability to take adequate measures to address the effects of climate change, such as rising sea levels, extreme weather events, and loss of biodiversity. Finally, food crises refer to the shortage of food supplies in different parts of the world, often due to natural disasters, conflicts, or economic problems.
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the inventory method gives the pharmacy constant inventory information in real time by accounting for product as it is received and as it is sold.
The Perpetual inventory method gives the pharmacy constant inventory information in real time by accounting for product as it is received and as it is sold.
Periodic Inventory vs. Perpetual Inventory
Any raw materials and completed products that businesses keep on hand for production or that are offered for sale to customers on the open market are referred to as inventory. Periodic and perpetual inventory are two different forms of inventory. Businesses measure the amount of products they have available using both accounting techniques. However, they are fundamentally different. While perpetual inventory is automated utilizing point-of-sale and enterprise asset management systems, periodic inventory entails a physical count at various points in time. The former is more economical, whereas the later requires more effort and expense to complete.
Smaller organizations that have easy-to-manage inventory and may not have the resources or opportunity to integrate computerized technologies into their workflow frequently employ the periodic inventory system. In order to gauge their inventory and the cost of goods sold, companies occasionally perform physical counts (COGS).
COGS equals Beginning Inventory Balance + Inventory Purchase Cost - Ending Inventory Cost.
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in january 2018, professor noe entered into a contract with state university. she agreed to teach full time during the 2018-2019 academic year. professor noe died on may 31, 2018. her estate a. will not be discharged. if the university has to pay more in order to hire a comparable substitute professor at the last minute, then the estate will be responsible for the difference in pay. b. will be discharged from any obligations under the contract only if it can be shown that her death was unexpected. c. is discharged from any further obligations under the contract. d. is obligated to find another person who will agree to teach during the academic year.
Professor Noe and State University signed a deal in January 2018. During the school year 2018–2019, she consented to work full time as a teacher. On May 31, 2018, Professor Noe passed away. All remaining liabilities under the contract are released to her estate.
What is meant by liabilities?Liabilities are the amounts that a corporation owes to other creditors. Notes due and bank debt are examples of accounts payable. Businesses take on debt to expand more swiftly. The balance between a company's liabilities and assets determines how stable it is.
Liabilities are the acknowledged financial obligations a company has to other creditors. Bank debt, payment notes, and accounts payable are a few instances.
All firms must take on liabilities in order to operate and grow. With the correct ratio of liabilities to equity, a corporation can be established on a strong foundation. Liabilities are the amounts that a corporation owes to other creditors. Notes due and bank debt are examples of accounts payable.
Therefore, the correct answer is option a. is discharged from any further obligations under the contract.
The complete question is:
In January 2018, Professor Noe entered into a contract with State University. She agreed to teach full time during the 2018-2019 academic year. Professor Noe died on May 31, 2018. Her estate
a. is discharged from any further obligations under the contract.
b. will be discharged from any obligations under the contract only if it can be shown that her death was unexpected.
c. will not be discharged. If the University has to pay more in order to hire a comparable substitute professor at the last minute, then the estate will be responsible for the difference in pay.
d. is obligated to find another person who will agree to teach during the academic year.
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Which of the following would be considered steps to creating good customer service? choose all that apply. A. make eye contact and greet a customer to show you are available to provide them service as needed B. you should have a good understanding of the product or service you provide, so that if a customer needs assistance, you are able to deliver a satisfactory response
C. smile often, if appropriate, or model the emotion that is suitable to the situation D. none of the above
Answer:A,B,C
Explanation:
A. Greet a customer and make eye contact to demonstrate your availability to assist them as needed.
B. In order to provide a satisfied response if a consumer requests assistance, you need have a solid understanding of the good or service you offer.
C. If appropriate, try to smile a lot. If not, try to show the proper emotion.
The aforementioned actions would be regarded as first steps in developing strong customer service.
Supporting and promoting customers as they discover, utilize, optimize, and troubleshoot a product or service is known as providing customer service. Additionally, processes help the staff provide excellent customer service. Finding a speedy fix for any one client issue isn't the only goal of customer service. The goal is to establish a long-lasting relationship with the consumer, one in which every interaction provides chances for a deeper, more beneficial involvement.
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Your client purchases land that has been severely eroded. He plans to fill the holes caused by the erosion with waste material. Prepare a memorandum discussing any cost recovery deductions that can be claimed on this property.
Answer:
Dismantling cost is the expense which is caused when the asset is about to bring in its original state when it was not used.
Explanation:
To: Director Finance
From: Business Analyst
Subject: Cost recovery for dismantling
It is to bring into your knowledge that the land area near the plant was used by our company several years ago. The company has decided to sell it to one of our client. He has agreed to purchase the land but the erosion caused due to plant and manufacturing activities need to be restored. For this purpose we have decided to fill the erosion holes with waste material.
Your Kind approval is required for the process.
Explain why a business needs to keep variable costs low and high variable costs impact the business.
Answer:
if they have a high variable cost, the business will make no money and would probably start to loose money, to the point where they go out of business. So they have to keep the variable cost low, manufacture their products with a low price, and sell their products high to make money and keep the business going.
bookmark question for later the statement of cash flows provides a detailed explanation of the year-to-year change in one balance sheet account. which balance sheet account?
The statement of cash flows provides a detailed explanation of the year-to-year change in one balance sheet account. Cash balance sheet account.
A balance sheet is a summary of the financial position of a person or organization in financial accounting, whether it is a sole proprietorship, business partnership, corporation, limited liability company, etc. partnership or another type of organization such as a government or nonprofit organization. From a specific date, such as the end of a financial year, assets, liabilities and equity are mentioned.
Assets are on the left side of the balance sheet for a typical business and finances are on the right, divided into two halves according to liabilities and equity. Usually, the most liquid assets are listed first, followed by the major asset classes.
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Under the Investment Advisers Act of 1940, cash payment to a broker-dealer from an investment adviser in return for client referrals is A) not permitted under any circumstances B) permitted with no restrictions C) permitted if the investment adviser makes certain disclosures to the clients and meets other requirements D) permitted if the investment adviser and broker-dealer are affiliated
Answer:
It's A.
Explanation:
profit represents Excess of revenue over expenses true or false
Answer:
true
Explanation:
it express that thing
9. Consider the following conditions for an item used in the Hess Company's manu process On-hand inventory: Open orders (scheduled receipts): 100 units Backorders Reorder point: Quantity per order: 40 units 60 units 100 units 50 units Which of the following state replenishment? (Show your calculation for partial credit) A) No action is required, since a scheduled receipt is due to be delivered to B) To cover its backorders, Hess should order two lots of 50 units C) Because it is incurring backorders, Hess shou D) Hess should reorder point. ation regarding inventory Hess ld increase its reorder point. place an order for 50 units, since the inventory position is less than the 10. Which of the following is not a benefit of outsourcing? A) comparative labor costs B) lower logistics costs C) reduction of transaction costs through use of the Internet D) technology transfer to another country or company Part 3. Mathematical problems Problem 1 You currently make a part on old equipment at a cost of $50,000 per year and a variable cost of $20/unit. You have found an outside supplier who will make the part for $15/unit if you will pay their annual fixed costs of $200,000/year. The following table summarizes the details of this make versus buy decision. VARIABLE COST $15 per unit $20 per un FIXED COST ALTERNATIVE Bu Make 200,000 per year $50,000 per year What is the break even quantity between buying and making? What does the company save for the year by selecting the low-cost option at an annual requirement of 40,000 units? Problem 2 As an inventory manager, you must decide on the order quantity for an item. Its annual demand is 300 units. Ordering cost is $20 each time an order is placed, and the holding cost is 30 percent of the per-unit price. Your supplier provided the following price schedule. Price per Unit rder Quantity
The inventory position is greater than the reorder point of 100 units, Rounding up to the nearest whole number, the optimal order quantity is 50 units. The correct answer is A) No action is required, since a scheduled receipt is due to be delivered.
Technology transfer to another country or company is not a benefit of outsourcing. While outsourcing can provide benefits such as comparative labor costs, lower logistics costs, and reduction of transaction costs through the use of the Internet, technology transfer can be a potential risk for the outsourcing company.
Problem 1:
The break-even quantity can be calculated as follows:
Make:
Total cost = Fixed cost + Variable cost
Total cost = $50,000 + ($20/unit x Q)
Total cost = $50,000 + $20Q
Buy:
Total cost = Fixed cost + Variable cost
Total cost = $200,000 + ($15/unit x Q)
Total cost = $200,000 + $15Q
To find the break-even quantity, set the total cost of Make equal to the total cost of Buy:
$50,000 + $20Q = $200,000 + $15Q
$5Q = $150,000
Q = 30,000 units
Therefore, the break-even quantity between buying and making is 30,000 units.
The company saves $200,000 - $50,000 - ($15/unit x 40,000 units) = $100,000 per year by selecting the low-cost option at an annual requirement of 40,000 units.
Problem 2:
The optimal order quantity can be calculated using the economic order quantity (EOQ) formula:
EOQ = √[(2DS)/H]
Where:
D = annual demand = 300 units
S = ordering cost = $20
H = holding cost = 30% of per-unit price = 0.3($120) = $36
Substituting the values:
EOQ = √[(2 x 300 x 20)/36] = 49.14 units
Rounding up to the nearest whole number, the optimal order quantity is 50 units.
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After a basketball tournament, nine of the team members go out to The Cheesecake Factory to celebrate your winning with a victory dinner. You all order dinner plus some people get dessert. When the check comes the waiters says it all has to be one ticket. What is the best option for this payment scenario?
The best option for this payment scenario is through credit card, a person may initially pay the whole amount while the rest of the team members can transfer their amount of dinner to the person who made the payment at the restaurant through P2P.
What is Credit Card?Credit card is the card that is issued by a bank and the card holder can avail the cash limit provided to him/her, without having an actual amount in the account. The credit card can be used for shopping and more and the bill for the credit card is generated at the end of the month and the payment by card holder is made, if the card holder delays the payment an interest is charged on the rate.
At the cheesecake Factory the payment can be made through a credit card and the other team members may transfer the amount to the person who makes the payment at restaurant with a credit card.
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Audrey, a team leader, wanted to make some changes in the seating arrangement of her team members to improve communication. She outlined a plan that she thought would suit everybody and sent it to all the members, asking them for their opinions and suggestions. This is an example of
The example of communication illustrated by Audrey is two-way communication.
What is communication?
It should be noted that communication simply means the exchange of information between parties.
In this case, Audrey outlined a plan that she thought would suit everybody and sent it to all the members, asking them for their opinions and suggestions. This form of communication that is illustrated by Audrey is two-way communication.
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FIRST SCENARIO: The economy has taken a turn for the worse. The president believes the government should get the economy moving again. According to the president, the problem is that markets are flawed and they do not protect consumers. Therefore, the government should study the problem, decide what must be produced, and pass laws that require individuals and businesses to follow the government’s informed advice.
Opponents of the president see a different world. They say central planners do not have enough information to organize an economic system. Markets may seem chaotic, but prices act as signals and respond quickly to fragmented information in a dynamic economy. These price signals provide consumers, businesses, and resource owners with the information they need to coordinate action. In addition, incentives matter. Government programs often create incentives that have unintended consequences. The economy will grow if we stay the course.
What would Adam Smith say? Why?
SECOND SCENARIO: The Save Our Jobs Coalition is working to pass a law that would penalize businesses that move jobs overseas. In addition, the law would require tariffs to be imposed on imported goods that are cheaper than similar goods made in the United States. Many corporations and small businesses are in favor of raising tariffs.
Opponents of the proposed law believe freer trade promotes economic progress because it makes more sense to buy goods from a country that makes them less expensively and use the country‟s resources to make other products. A tariff may save jobs in a particular industry, but other jobs will not be created. Furthermore, prohibiting American companies from having operations overseas means the companies will be reluctant to hire people domestically and will lay off highly paid workers in their quest to cut costs.
What would Adam Smith say? Why?
THIRD SCENARIO: Business lobbyists believe the current government is anti-business. They also think competition is making it difficult to make a profit. They believe it’s time for the government to help businesses through subsidies and incentives for consumers to buy their products. They also want the government to suspend antitrust laws and make new rules and regulations that would make it more difficult for small businesses to compete unfairly with large, well-established corporations. According to the lobbyists, helping business will improve everyone’s lives.
What would Adam Smith say? Why?
FOURTH SCENARIO: “Stop Government Now” is a group that believes there is no legitimate role for government except providing for police and fire protection. Members believe almost all governmental functions should be privatized. Markets should not be regulated. Members say markets may be greedy, but free markets make us all more moral.
What would Adam Smith say? Why?
MUST WRITE A PARAGRAPH FOR EACH SCENARIO
The proposed response of Adam Smith based on each scenario is given below:
Scenario 1He would say that the pricing system should remain the main determinant of the market and the interference of the government was uncalled for.
Scenario 2He would side with the free market system and be an opponent of the law that frowns on importation.
Scenario 3He would support the suspension of the antitrust laws.
Scenario 4He would believe that markets should not be regulated and the free market system should continue.
Who is Adam Smith?He is the father of modern economics for his work in pioneering ideas such as free trade and the gross domestic product
Hence, we can see that the proposed response of Adam Smith based on each scenario is given above.
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The next time you need to make a choice, your brain will use what what method?
Answer:
Imagine you have just flicked a lighter. If you don’t see the flame, you will naturally try a second time. If after the second attempt it does not strike a flame, you will repeat your action again and again until it does. Eventually, you’ll see the flame and you’ll know that your lighter works. But what if it doesn’t? How long are you going to flick the lighter until you decide to give up?
Our everyday life is full of such decision dilemmas and uncertainty. We constantly have to choose between options, whether we make the most ordinary decisions – should I continue flicking this lighter? – or life-changing choices – should I leave this relationship? We can either keep on doing what we are already used to do, or risk unexplored options that could turn out much more valuable.
Some people are naturally inclined to take more chances, while others prefer to hold on to what they know best. Yet being curious and explorative is fundamental for humans and animals to find out how best to harvest resources such as water, food or money. While looking at the Belém Tower – a symbol of Portugal’s great maritime discoveries – from my office window, I often wonder what drives people to explore the unknown and what goes on in their brains when weighing pros and cons for trying something new. To answer these questions, together with Dr. Zachary Mainen and his team of neuroscientists, we investigate how the brain deals with uncertainty when making decisions.
Explanation:
It is well known that the decision-making process results from communication between the prefrontal cortex (working memory) and hippocampus (long-term memory). However, there are other regions of the brain that play essential roles in making decisions, but their exact mechanisms of action still are unknown.
megan, the marketing manager for boot hill wants to export the company’s line of fashion boots to an eu country. however, she discovers that there is a complete restriction on the import of any form of leather into that country. this is an example of
This scenario of Megan, the marketing manager is an example of a boycott.
The required details about the marketing manager are mentioned below.
Managers of marketing oversee advertising campaigns for companies and goods. Marketing managers work to increase awareness of your product or service and bring in new clients by creating appealing stories and running strategic campaigns.
It is advantageous to have a broad variety of marketing experience for this mid-level position. Marketing managers frequently organize and handle a wide range of tasks, including product launches, advertising, email campaigns, events, and social media. Additionally, you will develop marketing initiatives and campaigns, work cross-functionally, and produce marketing metrics reports.
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_________ founded the american g.i. forum, an important group protecting veterans' benefits.
Dr. Hector P. Garcia founded the American g.i. forum, an important group protecting veterans' benefits.
What is the American G.I group?The American G.1 group was an institution that was founded in 1948 by Dr. Hector P. Garcia. The aim of this group was to see to the welfare of the Hispanic veterans.
The main point of this institution was to see that the civil rights of the veterans were taken care of and that they would not have to face any cases of injustice or neglect.
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technological advances allow smaller companies to compete with larger companies. group of answer choices true false
True, Technological advances allow smaller companies to compete with larger companies.
What is company?
A company is a legal entity created by a group of people to conduct and manage a business enterprise, whether it be commercial or industrial. Depending on the corporate law of its jurisdiction, a company may be set up in a variety of ways for tax and financial liability reasons. The type of business structure a company chooses, such as a partnership, sole proprietorship, or corporation, will typically depend on the industry it operates in. The ownership structure of the business is also indicated by these structures. Additionally, they can tell private from public companies. Both have different ownership arrangements, laws, and rules regarding financial reporting.
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2. Which of the following is NOT true?
A mortgage loan is a secured loan.
OA personal loan is a secured loan.
Loan terms are the information written in a loan agreement.
OA personal loan is an unsecured loan.
The statement "A personal loan is a secured loan" is NOT true.
What is a personal loan?A loan is a financial agreement between a borrower and a lender, where the borrower receives a certain amount of money from the lender and agrees to repay it with interest over a set period of time. The personal loan is generally a type of unsecured loan, which means that it is not secured by any collateral. On the other hand, a mortgage loan is a secured loan as it is secured by the property being purchased.
Therefore, loan terms are the information written into a loan agreement, such as the interest rate, payment period, and any fees or penalties associated with the loan.
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Rip garage, inc. (459 ellis avenue, harrisburg, pa 17111), is an accrual basis taxpayer that repairs automobiles. in late december 2017, the company repaired samuel mosley's car and charged him $1,000. samuel did not think the problem had been fixed, so he refused to pay; thus, trip refused to release the automobile. in early january 2018, trip made a few adjustments under the hood; trip then convinced samuel that the automobile was working properly. at that time, samuel agreed to pay only $900 because he did not have the use of the car for a week. trip said "fine," accepted the $900, and released the automobile to samuel. an irs agent thinks trip, as an accrual basis taxpayer, should report $1,000 of income in 2017, when the work was done, and then deduct a $100 business loss in 2018. prepare a memo to susan apple, the treasurer of trip, with your recommended treatment for the disputed income.
Answer:
MEMO
To: Treasurer of Trip Garage, Inc.
From: Me
Subject: Dispute over accrued revenue
Mrs. S. Apple,
Good evening. Regarding your dispute over accrued revenue generated form the repair of Mr. Mosley's car, I must inform you the following:
Trip Garage, Inc., is an accrual basis taxpayer, therefore, revenues must be recorded once the repair service was completed, not when the invoice was collected.
In future occasions when similar problems show up, you should record an allowance for doubtful accounts. This way, if you believe that an account receivable is unlikely to be collected, it will be not considered for the year's financial records. This adjusting journal entry must be recorded before the end of the year, if not, all related revenues must be included in the years income statement.
Regards,
Me
Explanation:
Accrual taxpayers are required to record revenues once the revenue generating activity has been completed, i.e. Trip should have recorded $1,000 in revenue during 2017:
Dr Accounts receivable 1,000
Cr Service revenue 1,000
If Trip didn't consider that it would be able to collect the $1,000 receivable, then it should have recorded it as bad debt expense:
Dr Bad debt expense 1,000
Cr Allowance for doubtful accounts 1,000
If thy did not record the bad expense, then the IRS agent is right, and the $1,000 must be included in the 2017 income statement.
How well does FedEx accomplish the key elements that must be completed at each stage of the strategic sourcing process? Explain your answer. How does the governance structure for supply chain management at Federal Express support the strategic sourcing process? Evaluate Federal Express's methods/efforts to align with its suppliers both operationally and strategically. Are there elements of the strategic sourcing process used at Federal Express that apply to manufacturing companies? Name one sourcing challenge faced by Federal Express and recommend a strategy to overcome this challenge.
As an AI language model, access to real-time information or the ability to evaluate current practices at FedEx. provide a general understanding of the strategic sourcing process.
Key elements of the strategic sourcing process:
Spend Analysis: Evaluating current spending patterns and identifying opportunities for cost savings and process improvement.
Supplier Evaluation and Selection: Assessing potential suppliers based on criteria such as quality, reliability, cost, and sustainability.
Negotiation: Engaging in discussions with suppliers to establish favorable terms, pricing, and contractual agreements.
Contracting: Formalizing the agreement with chosen suppliers through written contracts that outline responsibilities, terms, and performance metrics.
Supplier Relationship Management: Continuously monitoring and managing supplier performance, fostering collaboration, and resolving issues.
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If you got nausea heartburn indigestion upset stomach diarrhea what comercial is it off of
Answer:
PEPTO BISMOL
Explanation:
lol
Answer: Pepto bismo
Explanation:i say the comorical yesterday
Which three characteristics help identify a business opportunity? (Choose three)
The characteristics that help to identify a business opportunity includes
when it is measurablethe market availabilitythe timing of the opportunity.What is a business opportunity?It refers to a packaged business investment that does allows a potential buyer to begin a business.
In conclusion, the identification of a business opportunity is important because it informs about the best moment to start a business.
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Consider the following scenarios: Scenario 1: The following information appeared in the books of Micky Ltd on 28 February 2014, the end of the financial year: Issued share capital: 150000 ordinary sha
Based on the information given, it seems like you are referring to a scenario involving Micky Ltd and its financial records at the end of the financial year on 28 February 2014. Specifically, you mentioned the "issued share capital" of 150,000 ordinary shares.
The term "issued share capital" refers to the total number of shares that a company has sold or distributed to shareholders. In this scenario, Micky Ltd has issued 150,000 ordinary shares. This means that 150,000 shares of the company have been sold or allocated to shareholders.
The issued share capital is an important figure for companies as it represents the ownership stake held by shareholders. By issuing shares, a company can raise funds from investors and expand its capital base. Shareholders who hold these shares have certain rights, such as the right to vote at company meetings and the right to receive dividends if the company distributes profits.
In this case, Micky Ltd has issued 150,000 ordinary shares, but without further information, it is difficult to assess the value or price per share. To determine the total value of the issued share capital, you would need to multiply the number of shares (150,000) by the price per share.
Please let me know if you need any further clarification or if there is anything else I can assist you with!
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Which characteristic of information in the statistical tables included in a comprehensive annual financial report differentiates it from information contained in the financial statements?
Answer: Yes/Yes
Explanation:
The options given are:
Data covering
financial trends ---- Fiscal years
A. Yes ------------------ Yes
B. Yes ------------------ No
C. No ------------------ Yes
D. No ------------------ No
The characteristic of information in the statistical tables included in a comprehensive annual financial report differentiates it from information contained in the financial statements is option A.
Arbitration has a ________ level of control over the final outcome and a ________ level of control over the process.
Arbitration has a high level of control over the final outcome and a low level of control over the process.
Arbitration:
Alternative dispute resolution techniques like arbitration can be used to settle conflicts outside of the legal system. One or more people will decide the issue, making the result a "arbitration award."
By agreement of the parties, a dispute is presented to one or more arbitrators through the arbitration process, who then render an official ruling on the matter. Instead of going to court, the parties choose arbitration as a private conflict settlement process.
When two divorce parties are unable to come to an agreement on terms and invite a third party to assist them in their negotiations, it is an example of an arbitration.
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Which functionality would you include in the product category of the marketing mix?
In the marketing mix, product is one of the core components, alongside price, promotion, and place.
What is marketing mix?The marketing mix is a framework that helps businesses to develop a strategic approach to marketing by focusing on four key elements: product, price, promotion, and place. Product refers to the actual goods or services that a business offers, while price refers to the amount customers pay for those offerings. Promotion encompasses all of the activities a business uses to market its products, including advertising, sales promotions, and public relations. Place refers to the distribution channels through which a business sells its products, such as physical stores or online marketplaces. By considering each of these elements and how they interact with one another, businesses can create effective marketing strategies that meet the needs of their target customers and drive sales.
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