Trends in supply management include: Group of answer choices increasing the number of suppliers and developing closer relationships. Limiting the number of suppliers and focusing on results from key suppliers. Switching suppliers frequently through online auctions to get price discounts. Greater concentration of the supplier selection decision in procurement. Negotiating shorter term contracts with fewer suppliers to increase leverage
Answers
Supply management is a crucial aspect of any organization's success and profitability. Trends in supply management are constantly evolving, and it is important for organizations to keep up with these changes to remain competitive in the market.
Some of the current trends in supply management include increasing the number of suppliers and developing closer relationships with them. This approach helps to create a diverse supply chain and reduces the risk of supply chain disruptions. By having close relationships with suppliers, organizations can also negotiate better pricing and favorable terms.
Another trend is limiting the number of suppliers and focusing on results from key suppliers. This approach involves identifying suppliers who are critical to the organization's success and working closely with them to achieve desired outcomes. This approach can help to streamline the supply chain and reduce costs by consolidating orders and leveraging purchasing power.
Switching suppliers frequently through online auctions to get price discounts is also a trend in supply management. This approach involves leveraging technology to quickly identify and switch to suppliers offering the best pricing. However, this approach can lead to instability in the supply chain and compromise quality and delivery reliability.
A greater concentration of the supplier selection decision in procurement is another trend in supply management. This approach involves giving procurement teams more decision-making power and aligning them more closely with organizational goals. Finally, negotiating shorter-term contracts with fewer suppliers to increase leverage is also a trend in supply management. This approach allows organizations to quickly adapt to changing market conditions and leverage better pricing and terms. Overall, it is important for organizations to keep up with these trends in supply management to remain competitive in the market.
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Related Questions
your parents will retire in 26 years. they currently have $340,000 saved, and they think they will need $2,500,000 at retirement. what annual interest rate must they earn to reach their goal, assuming they don't save any additional funds? round your answer to two decimal places.
Answers
To reach a retirement goal of $2,500,000 in 26 years, if a couple currently has $340,000 saved, they need to earn an annual interest rate of 4.22%. Therefore, your answer is 4.22%.
How to solve this problem? Let us understand:
It can be calculated using the future value formula:
FV = PV * (1 + r)^n where FV = future value PV = present value (amount saved currently) r = annual interest raten = number of years
For the given scenario, we can use the formula to solve the problem:2,500,000 = 340,000 * (1 + r)^26 Dividing both sides by 340,000 gives: 7.35 = (1 + r)^26Take the 26th root of both sides: 1.0422 = 1 + r Subtract 1 from both sides to get the interest rate: r = 0.0422 = 4.22% The annual interest rate that the couple needs to earn to reach their retirement goal is 4.22%. Therefore, the answer is 4.22%.
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WHO EVER ANSWERS CORRECT I GIVE BRAINLIEST
As a last step before Mario hits send on a company press release, what should he do to ensure it is accurate
produce an outline to organize the content in the document
double-check all spellings and numbers in the document
evaluate the logic and persuasiveness of the document
change the font that is used in the document
Answers
Answer: Produce and outline
Explanation:
How are SI units supportive to traders?
Answers
Some common SI units
Mass=KgTemperature=KLuminous intensity=CandelaCurrent=AmperePressure=PaIn making the best economic choices, consumers compare the benefits of the choice to:.
Answers
In making the best economic choices, consumers compare the benefits of the choice to the cost of the choice.
How to make the best economic choices?
In making the best economic choices, the costs of the choice should be compared with the benefits of the choice. The choice should only be made when the benefits of making the choice exceeds the cost of the choice.
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In general, business writing should be _____.
Answers
Business writing is important in the business community. The writing style and material must be specific in order to elicit a meaningful reaction and be expressive in nature.
What is a company definition in a nutshell?
A business is described as a company or organisation that engages in commercial, industrial, or professional activity. Companies can be either for-profit or non-profit organisations. Limited liability firms, sole proprietorships, corporations, and partnerships are all examples of business structures. The introduction to the business plan provides a basic summary of the business plan, including a brief company description, aims and objectives, and the reason for launching the firm.
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Donald Trump wanted to pull us out of the WTO because he thought China was cheating. Would you stay in or leave?
Answers
Answer: I hate Trump and would make him eat tortilla chip vertically :/
Explanation:
Tailoring products or services to the tastes of individual customers on a high-volume scale is referred to as family branding. mass customization. product differentiation. economies of scale marketing. build-to-order. QUESTION 14 Usage rate is the percentage of total possible users divided by the total number of consumers who actually use a product or service. the number of times a customer uses or recommends a product or service annually. quantity consumed or patronage (store visits) during a specific period. the maximum number of times a customer has used a product or service historically. the profits a firm earns from customers who consume a particular product or service. QUESTION 15 To be identified as a market segment, members of the group must be similar in terms of their consumption behavior. represent a large share of the entire market and have buying power. have diverse needs and have potential for future growth. have diverse needs and be willing and able to purchase the product. have the potential for future growth antd increased profit or ROI. Personality and lifestyle are both variables used to employ segmentation. geographic behavioral attitudinal psychographic demographic QUESTION 18 All of these are reasons to segment a market EXCEPT which of the following? The ability to assign buyers to a segment is simple and cost-effective. It would cause an increase in market share or profit. All the buyers in the entire market have similar wants and needs. There is a potential marketing action to reach it. There are different wants and needs of buyers in the entire market. QUESTION 19 The best segmentation approach for business firms is the one that makes it easiest to reach the segment. maximizes the opportunity for future profit and ROI. differs from the most common approach within the industry. creates awareness among potential buyers within a segment. is simplest and least costly in assigning potential buyers to segments. QUESTION 20 When Ann Taylor, a well-known retailer of sophisticated women's clothing, started losing sales to its own LOFT stores that feature moderately priced casual clothes, Ann Taylor was dealing phenomenon known as amortization. guerrilla marketing. shrinkage. marketing Darwinism. cannibalization. Click Save and Submit to save and submit. Click Save All Answers to save all answers.
Answers
Mass customization.
Have diverse needs and be willing and able to purchase the product.
All the buyers in the entire market have similar wants and needs.
Maximizes the opportunity for future profit and ROI.
Cannibalization.
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telcom owns a phone network and provides phone network services to many consumers
Answers
One column of numbers consists of 28,42, and 14. When the digits of the numbers are added together, the result is 2+8+3+2+1+4+4=21, and when the digits of 21 are then added together, the end result is 2+1=3. If the same process is performed on the numbers in a second column, what can be concluded?
Answers
Answer:
D. If the end result from the second column is not 3, then the sum of the numbers in the first column is not equal to the sum of the numbers in the second column.
Explanation:
From the list of given options (see the comment section for options a - d), option (d) is correct.
To answer this question, we need to analyze each of the options
For (a):
The sum of numbers in both columns may be equal even if they are different.
Take for instance, the numbers in the second column is: 82, 42 and 14.
We have:
\(8+2+4+2+1+4=21\)
\(2 + 1 = 3\)
So, (a) is incorrect
For (b):
As shown in (a) above,
If both column contain the same numbers, then definitely the end result will be the same. So option (b) is incorrect and impossible
For (c):
This is not true.
In the first column, we have the sum of the first process to be 21 which ends up giving 3 (i.e. 2 + 1 = 3).
The result of the second column can be 12 which also gives 3 i.e. 1 + 2 = 3 (and 12 is not equal to 21)
So, (c) is also incorrect
For (d):
This is the only true option
If the end result is not three, then the results of the first process is not the same for both columns.
Answer:
If the end result from the second column is not 3 then the sum of the numbers in the first column is not equal to the sum of the numbers in the second colemn
Explanation:
For me it was B but read very closly
on january 6, year 1, bulldog co. purchased 34% of the outstanding stock of gator co. for $212,000. gator co. paid total dividends of $24,000 to all shareholders on june 30. gator had a net loss of $56,000 for year 1. journalize bulldog's purchase of the stock, receipt of the dividends, and the adjusting entry for the equity loss in gator co. stock. compute the balance of investment in gator co. stock on december 31, year 1. how does valuing an investment under the equity method differ from valuing an investment at fair value?
Answers
Journal entry is a method of recording all the transactions occured in a business during a given accounting period. To record journal entry in the books of Bulldog Co.'s during the year end 31st December is as follows:
Investment in Gator Co. Stock A/c Dr. $212,000
Cash A/c Cr. $212,000
(Being stock purchased)
Cash A/c Dr. $8,160 (34% of $24,000)
Dividend Income A/c Cr. $8,160
(Being receipt of dividend recorded)
Equity Loss in Gator Co. Stock A/c Dr. $ 19,040 (34% of $56,000)
Investment in Gator Co. Stock A/c Cr. $19,040
(Being adjusting entry for the equity loss recorded)
2. To calculate balance on Investment:
Beginning balance = $212,000 (Initial purchase)
Add: Net loss = $19,040 (34% of $56,000)
Less: Dividends received = $8,160 (34% of $24,000)
Balance of investment:
$212,000 + $19,040 - $8,160
= $222,880
Therefore, the balance of the investment in Gator Co. stock on December 31, Year 1 is $ 222,880.
3. Valuation of investment under the equity method differs from fair value method in following ways:
Under equity method, investors record their share of the investee's net profit or loss and adjust their investment accounts accordingly. Investors also recognize a portion of the dividends received as dividend income. Investment account balances reflect an investor's ownership interest in the net assets of the company.
Under fair value method, investors value their investments at fair value. Fair value is the price received to sell an investment in an orderly transaction between market participants. Changes in the fair value of investments are recognized in the investor's income statement. The fair value method focuses on the market value of an investment rather than the financial performance.
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calculate the percentage by mass of all the components element in sodium trioxonitrate(v)
Answers
Sodium =27.05
Nitrogen=16.47
Oxygen=56.46
influences of Business environment,
Answers
Factors that Influence the business environment are :
Economic environmentSocial environmentTechnological environmentPolitical environmentLegal environment
The business environment means the total of all the individuals, and institutions that could affect the working of the business firm.
Importance of business environment:
Business environments help the firm to prepare itself for every possible obstruction or hindrance that can affect the functioning of the firm.It also helps the firm to adjust to frequent changes.The economic environment is all the things that create an economic impact on the firm.
The social environment is all the traditions and customs of the society that creates an impact on the firm.
The technological environment is all the impact on the firm caused due to new technology and upgradations.
The political environment is the conditions and behavior that the elected representatives hold toward the business
The legal environment is entirely based on the rules and legislation of the authorities.
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Rachel wants to pursue a career in business information management. Arrange the certification/degree or training that Rachel needs for he
career growth.
certification in MIS
bachelor's degree in business
administration
training in management skills and data
storage
master's degree in business
administration
Answers
Answer:
The answer is below
Explanation:
For Rachael to pursue a career in business information management. She is expected to follow the following route one after the other.
1. training in management skills and data storage: this can be done immediately after high school
2. certification in MIS: this is a form certification, that is noteworthy. It can be done before a college or university degree.
3. bachelor's degree in business administration: this is obtained at a university level.
4. master's degree in business administration: this is often regarded as a postgraduates degree and can only be obtained after a first degree
5. career growth: after acquiring knowledge, here comes the stage to apply all the knowledge acquired in the obvious that in the real world either as an employee, inventor, or innovation.
Training in management skills and data storage, certification in MIS:, bachelor's degree in business administration:, master's degree in business administration: and career growth is the right way of doing business information management.
Why Training in management skills are important for the person?Training a development is very essential part in the management degree as it facilitates the person in giving the leadership quality and increase the confidence level of person, other important features of training are -
Communication has improved.Boost your productivity. More productive employees spend more time at work.Reduced Loss. Improved Morale.Thus, the statements are arranged above.
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what should be the price for a common stock paying $6 annually in dividends if the growth rate is zero and the discount rate is 15% a. $40 b. $45 c. $37.50 d. $43.75
Answers
The correct answer to the given question about price of a common stock is option a) $40.
Price = 6 ÷ 0.15 = 40
A security called common stock serves as a proxy for a company's ownership. Common stock holders decide on corporate policies and elect the board of directors. Usually, long-term returns from this type of stock ownership are higher. Common shareholders, however, do not have any rights to a company's assets in the case of liquidation until all bondholders, preferred shareholders, and other debt holders have been fully compensated.
On a company's balance sheet, common stock is listed under stockholders' equity. If a firm issues it, ordinary investors won't get paid until the preferred shareholders, bondholders, and creditors have each earned their share in the event of bankruptcy. In comparison to debt or preference shares, it is riskier.
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Kids who play sports are a growing part of Nike's business. Nike also offers innovative sneakers to buyers who love running. According to this information, which type(s) of market segmentation define(s) Nike's consumer profile? Select all the choices that apply. (Grading of this question: Right minus wrong - you receive points equal to the number of right answers you choose minus the number of incorrect answers you choose.) Benefit Psychographic Demographic Behavioral Geographic
Answers
Answer:
Based on the information provided, the type(s) of market segmentation that define Nike's consumer profile are Demographic and Behavioral. Nike targets a specific demographic of kids who play sports, indicating a demographic segmentation.
Explanation:
According to the provided information, the types of market segmentation that define Nike's consumer profile are:
Demographic: Nike targets a specific age group by focusing on kids who play sports. This demographic segment represents a growing part of Nike's business.
Behavioral: Nike caters to buyers who love running by offering innovative sneakers. This indicates a behavioral segmentation based on the interest and behavior of individuals engaged in running.
Therefore, the market segmentation types that apply to Nike's consumer profile based on the given information are Demographic and Behavioral.
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Based on the information provided, the type(s) of market segmentation that define Nike's consumer profile are Demographic and Behavioral. Nike targets a specific demographic of kids who play sports, indicating a demographic segmentation.
According to the provided information, the types of market segmentation that define Nike's consumer profile are:
Demographic: Nike targets a specific age group by focusing on kids who play sports. This demographic segment represents a growing part of Nike's business.
Behavioral: Nike caters to buyers who love running by offering innovative sneakers. This indicates a behavioral segmentation based on the interest and behavior of individuals engaged in running.
Therefore, the market segmentation types that apply to Nike's consumer profile based on the given information are Demographic and Behavioral.
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what factors do you believe have contributed to the very large GDP of the United of America compared to that of the most other countries?
Please help!
Answers
A Population growth, including immigration. America's population growth results in a younger workforce, which is more adaptable and trainable.
Explanation:
In comparison to most other sophisticated economies, the United of America produces more per person each year. The United States' real GDP per capita in 2015 was $56,000.
In summary, the US continues to be wealthier than its competitors. Yet why?
A growing population, including from immigration. America's population growth results in a younger workforce, which is more adaptable and trainable. There are limitations on immigration to the United States, but there are also unique guidelines that grant access to the country's economy and a route to citizenship (green cards), based on individual skill and corporate sponsorship.
A decentralized political system in which states compete. States compete for enterprises and for individual inhabitants via their legal frameworks and taxation policies. This stimulates entrepreneurship and employment across the nation. In other states, there are no income taxes and union is restricted by labor regulations. For students who live in the state, states offer affordable tuition at top colleges. In terms of their legal liability laws, they also compete.
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purchased grooming equipment for $12,700
Answers
Answer:
who spends that much-
Explanation:
okay good job on the server Andrew and it they said
What is a disadvantage of using a checking account instead of other types of
accounts?
A. You will likely not have federal protection for your money.
B. You will pay a fee if you make too many transactions.
C. You will generally not receive interest.
D. You will pay a penalty if you withdraw your money.
Answers
Answer:
you will generally not receive interest
Explanation:
took the quiz
What are some actions that may be taken by a nation to reduce interest rates in a country
Answers
Answer:
If needed, the Federal Reserves has the ability to lower interest rates.
Explanation:
please i need help with this !!
Answers
Answer:
Save
Measure
Notes
Services
Money
Barter
Swapped
Forms
Lannister Manufacturing has a target debt-equity ratio of 0.55.
Its cost of equity is 15 percent, and its cost of debt is 10
percent. If the tax rate is 31 percent, what is the company's
WACC?
Answers
The company's WACC (Weighted Average Cost of Capital) is 12.34%. The Weighted Average Cost of Capital (WACC) is the average .
It represents the average cost of financing a company's assets, taking into account the proportions of debt and equity in the capital structure. To calculate the WACC, we need to consider the weights of debt and equity in the company's capital structure and their respective costs. Given that Lannister Manufacturing has a target debt-equity ratio of 0.55, it means that the weight of debt is 0.55 and the weight of equity is 1 - 0.55 = 0.45.
The cost of equity is given as 15%, and the cost of debt is 10%. Considering the tax rate of 31%, we can calculate the after-tax cost of debt as 10% * (1 - 0.31) = 6.9%. Now, we can calculate the WACC using the formula: WACC = (Weight of Debt * Cost of Debt) + (Weight of Equity * Cost of Equity) WACC = (0.55 * 6.9%) + (0.45 * 15%) = 3.795% + 6.75% = 10.545% Rounding to two decimal places, the company's WACC is approximately 10.55%.
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which of these buildings has six different zip codes?
Answers
Numerous businesses, including LinkedIn, Flickr, Citizen, HNTB, Publisher North America, and Skanska, are based in the Empire State Building.
Do businesses have proper nouns?Any particular company's names will be proper nouns. Since a preposition must identify a particular business, there isn't a general noun that will also apply to all businesses. The noun "business" is often used.
How are businesses using it?Businesses communicate, store, manipulate, and retrieve data using information technology (IT). The goals of using IT in businesses are: Information technology aids in information storage. It facilitates the measurement of business metrics like profit and loss.
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wanted to check my answer for this thanks!
Question 8 1 pts You are one of two identical firms producing homogeneous good. (a) If you have an option of announcing your output first (before your rival does so), would it be an advantage for you?
Answers
Yes, it would be an advantage for the firm to announce its output first if the two firms producing homogeneous goods are identical. If one of the firms announces the output first, it becomes the market leader.
This will help them to gain a large market share as they are the first ones to present their output.However, if both firms present the same output simultaneously, there may be an equilibrium, and it could lead to a Nash equilibrium if both firms make the best decision in their self-interest.
If one firm is a price leader and announces the output first, the other firm, the follower, will follow the market leader in terms of price and production. So, this becomes an advantage for the firm that announces the output first.The dominant strategy of the firms is to follow the leader if they want to maintain their market share or profits. Therefore, it is beneficial for the firm to be the first to announce the output since they will be recognized as the market leader.
The firm that follows will have to cut its prices to maintain its market share. So, it's better to announce the output first as it provides an opportunity to gain an advantage over the competitor.
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What are the Fabrication Department's equivalent units of production related to conversion costs for July?
Answers
Answer:
94
Explanation:
The computation of the Fabrication Department's equivalent units of production related to conversion costs for July is shown below
Equivalent unit = Unit completed and transferred out + (ending work in process × percent completion)
= 74 + (20 × 100%)
= 94
What are the key qualities required for an individual starting a new business?
Answers
The key qualities required for starting a new business are ambition, resilience, and financial management skills.
Ambition is essential in order to have the drive and determination to start and manage a business. Resilience is also important, as it helps to face the challenges that come with running a business and to remain focused on the main goal.
Financial management skills are also essential, as this help to understand the finances of the business, budget properly, and make informed decisions.
Furthermore, good communication and networking skills are essential in order to create business relationships, and marketing skills help to create an effective presence in the market and attract customers.
Additionally, problem-solving and decision-making skills are important to help deal with the issues that may arise in a business. Finally, the ability to stay organized and prioritize tasks is necessary to ensure that all tasks are completed in a timely manner.
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Definition for crime and violence
Answers
Answer:
Crime can therefore be defined as a violation of the law and an act of deviance from established rules, or a non-commission of an action that is required by law. Violence, on the other hand, is an act of physical aggression that in most cases results in harm.
what is transactions amount
Answers
Answer:
Transaction Amount means the total amount due to the state for any goods, service or license or anything else of value.
Which strategy best helps a famous brand company reach consumers?
selling at trade shows
sending out mailings in small towns
advertising nationally
marketing selectively
Answers
Answer:
C.) advertising nationally
Explanation:
This is the correct answer. The person above may only have a 3-star rating, but they are correct.
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Build-A-Bear Workshop provides unique service to each individual customer. They are able to do this through an efficient assembly line-like experience in which customers choose which features (bows, hats, accessories, etc.) to add to their stuffed animal. Build-A-Bear's targeting strategy is: ________
Answers
What is the major characteristic used to differentiate between types of intermediary categories?
Answers
The major characteristic used to differentiate between types of intermediary categories include transportation and storage of assets, as well as their accumulation, consolidation, and/or allocation for the purpose of conforming to customer requirements.
Intermediaries are people or companies that behave as middlemen between events for funding offers, business offers, negotiations, insurances, etc. they may be generally known as specialists or agents and are specialized in a selected region.
Grocery stores are an exquisite instance of retail intermediaries. Grocery shops buy produce and other merchandise from farmers and suppliers to the inventory of their stores. This offers comfort to both meal providers and customers.
Mediator (which shares the medi- root) is mostly a synonym, and so is a facilitator; broking and agent are often others. Intermediaries facilitate communique between a witness, birthday celebration, suspect or defendant, and others within the justice method to make sure that verbal exchange is as entire, coherent, and correct as viable.
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