1) Purchasers often perform a preliminary evaluation of potential suppliers to narrow the list before conducting an in-depth formal evaluation.
TRUE
FALSE
2) Designation as a preferred supplier means that a supplier consistently satisfies the performance and service standards defined by the buyer and responds to unexpected changes.
TRUE
FALSE
Answers
1) True - Purchasers often perform a preliminary evaluation of potential suppliers to narrow the list before conducting an in-depth formal evaluation.
2) True - Designation as a preferred supplier means that a supplier consistently satisfies the performance and service standards defined by the buyer and responds to unexpected changes.
1) True - Purchasers typically conduct a preliminary evaluation of potential suppliers to narrow down the list of potential candidates before proceeding with a more detailed and comprehensive evaluation. This preliminary evaluation helps purchasers to assess certain criteria such as supplier capabilities, reputation, financial stability, product quality, and suitability for their specific needs. By conducting this initial evaluation, purchasers can filter out suppliers that do not meet their basic requirements and focus their attention on those that have the potential to be a good fit.
2) True - When a supplier is designated as a preferred supplier, it means that they consistently meet or exceed the performance and service standards set by the buyer. This designation is typically based on the supplier's track record of delivering high-quality products or services, meeting deadlines, maintaining good communication, and demonstrating flexibility and responsiveness to unexpected changes or challenges. Being a preferred supplier implies that the buyer has established a positive and ongoing relationship with the supplier and has confidence in their ability to consistently meet their needs and requirements.
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Related Questions
You are a struggling song writer. You hear a group on the radio singing a song
that you wrote with a friend who is now managing the band. You want to
make sure you are not cheated out of your creative work. You have tried to
talk to the band but they won't respond. What writ would effectively stop the
band from earning income on that song until the problem is remedied?
A. A mandatory injunction
O B. A permanent injunction
O C. A restraining order
O D. Punitive damages
My
Answers
Answer:
did you copyright the song because i think you cant do nothing to the band being manage b your best friend will
Explanation:
Answer:
B. A permanent injunctionExplanation:
Create a Process Map (Flow Chart) about how to study and do well
on the next exam. Answer required urgently
Answers
To study well for the next exam: understand the exam's content, create a study plan, review materials, practice with sample questions, take breaks, manage stress, and utilize effective exam strategies.
To create a process map (flow chart) for studying and doing well on the next exam, you can follow these steps:
1. Start by gathering all the necessary study materials, such as textbooks, lecture notes, and practice exams.
2. Set specific goals for your study session, such as completing a certain number of chapters or mastering a particular topic.
3. Create a study schedule that allows for regular breaks and includes dedicated time for each subject.
4. Begin studying by reading the material and taking notes. Use highlighters or colored pens to emphasize key points.
5. Summarize the information in your own words to ensure comprehension.
6. Practice active learning techniques like summarizing, questioning, and teaching the material to yourself or others.
7. Use mnemonic devices, flashcards, or other memory aids to reinforce important concepts.
8. Take regular breaks to rest and recharge. This helps prevent burnout and allows your brain to process the information.
9. Review and revise the material periodically to reinforce your understanding.
10. Prioritize difficult topics and spend more time on them.
11. Practice solving past exam questions to familiarize yourself with the format and identify areas for improvement.
12. Seek help or clarification from teachers, classmates, or online resources if you encounter difficulties.
13. Stay organized by keeping track of deadlines, assignments, and important dates.
14. Get enough sleep and maintain a healthy lifestyle to optimize your brain's performance.
15. Finally, on the day of the exam, arrive early, stay calm, and trust in your preparation.
By following this process map, you can effectively study and increase your chances of doing well on the next exam. Good luck!
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In its first month of operations, Ivanhoe Company made three purchases of merchandise in the following sequence: (1) 650 units at $8. (2) 750 units at $10, and (3) 850 units at $11. Ivanhoe uses a periodic imventory system. Calculate weighted-average unit cost, (Round onswer to 3 decimol places, eg. 5.125) Weighted-average unit cost $ Compute the cost of the ending inventory under the averege-cost method. assuming there are 550 units on hand at the end of the : period. (Round answer to 0 decimal places, es. 125.) Cost of the ending inventory
Answers
The weighted-average unit cost is $10.706.
To calculate the weighted-average unit cost, we need to determine the total cost of the units purchased and the total number of units purchased. In this case, the total cost is calculated by multiplying the quantity of each purchase by its respective unit cost and summing them all up. The total number of units is the sum of the quantities purchased. Dividing the total cost by the total number of units gives us the weighted-average unit cost.
(650 units * $8) + (750 units * $10) + (850 units * $11) = $5,200 + $7,500 + $9,350 = $22,050
650 units + 750 units + 850 units = 2,250 units
$22,050 / 2,250 units = $10.706 (rounded to three decimal places)
To compute the cost of the ending inventory under the average-cost method, we multiply the weighted-average unit cost by the number of units on hand. In this case, there are 550 units on hand.
$10.706 * 550 units = $5,888.30 (rounded to 0 decimal places)
Therefore, the cost of the ending inventory under the average-cost method is $5,888.
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In preparing a company's statement of cash flows using the indirect method, the following information is available:Net income $ 52,000Accounts payable decreased by 18,000Accounts receivable increased by 25,000Inventories increased by 5,000Depreciation expense 30,000Net cash provided by operating activities was:
Answers
Answer:
Statement of cash flows using the indirect method
Net income $52,000
Adjustments to net income:
Depreciation expense $30,000Increase in accounts receivable ($25,000)Increase in inventories ($5,000)Decrease in accounts payable ($18,000) ($18,000)net cash flow provided by operating activities $34,000
Which of these perspectives emphasized a rational, scientific approach to the study of management and sought to make organizations efficient operating machines?
The Humanistic Perspective
The Behavioral Sciences Approach
The Classical Perspective
The TQM approach
The Quantitative Management Approach
Answers
The Classical Perspective sought to make organizations operate like machines and emphasized a rational, scientific approach to the study of management. Option C is correct.
The Industrial Revolution gave rise to the classical management perspective, which places an emphasis on the effectiveness, output, and productivity of employees as well as the organization as a whole. It rarely focuses on employee differences or human or behavioral characteristics.
The assembly line approach to workplace management, based on the classical management theory, divides large tasks into smaller, more manageable ones. Workers are aware of their responsibilities and typically concentrate on a single area.
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Complete question as follows:
Which of these perspectives emphasized a rational, scientific approach to the study of management and sought to make organizations efficient operating machines?
A. The Humanistic Perspective
B. The Behavioral Sciences Approach
C. The Classical Perspective
D. The TQM approach
E. The Quantitative Management Approach
FILL IN THE BLANK. According to Crosby, _____ is a performance standard which involves concentrating on preventing defects rather than just finding a fixing them.
Answers
According to Crosby, zero defects is a performance standard which involves concentrating on preventing defects rather than just finding and fixing them only.
In an organization, Zero Flaws (or ZD) is a collaborative program or mindset where everyone works together to achieve the aim of having no defects in quality. The idea briefly had popularity in American business starting in 1964 as a management-led initiative to eradicate flaws in industrial output.
An articulation of the performance threshold(s), requirement(s), or expectation(s) that must be met in order to be evaluated at a specific level of performance is called a performance standard.
Performance standards are instructions that companies provide to their staff members to explain what is expected of them as a member of the team. They outline the responsibilities of the position and the standards of performance that the employee must meet.
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20 POINTS AND WILL GIVE BRAINLY
PLS ANSWER
Answers
1. Before you can legally work, you may need a.
2. When obvious sources of job leads have dried up,.
finding more leads on your own.
3.
is a way of
is finding and using contacts among all the people you know.
Answers
Sending a letter of inquiry is one way to get in touch with job leads. You will learn more about unlisted jobs as a result, which is advantageous.
What does a job lead mean?A leader is responsible for directly managing a group of workers. They frequently assess the work of the employees and offer criticism, suggestions, and remarks to assist them do better.
Quizlet: What distinguishes a hot call from a cold call?A hot call is one that is made to a specific person or to obtain information about a certain job, such as one that is made to follow up on a recommendation or a lead. A cold call is a phone call to a potential employer with whom you have never spoken before.
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0.2.5d. Finding information in QuickBooks What is Rock Castle Construction's net income this fiscal year to date (01/01/2024 to 12/15/2024) o 이 0-2-5e. Finding information in QuickBooks As of 12/15/2024 how many total exterior wood doors (P10981) did Rock Castle Construction have on hand? Q-2-6. Names of QuickBooks buttons and icons Which of the following property describes each button or icon in the exact order that they are shown on the table? Q-2-6 Table Please add checkmark next to the correct answers 1 Radio button, text box, check box, print icon, Export button, drop-down list button, date button 2 Radio button, check box, Export button, drop-down list button, print icon, text box, date button 3 Check box, radio button, print icon date button, drop-down list button, text box, Export button 4 Check box, radio button, drop-down list button, date button, text box, Export button, print icon 5 None of the above ESAVE HOMEWORK MacBook Pro BO LU vo 3 5 0 > 8 7 8 9 V E 20 T Y
Answers
The required option is option 1:
1. Radio button, text box, check box, print icon, Export button, drop-down list button, date button.
To find Rock Castle Construction's net income for the fiscal year to date (01/01/2024 to 12/15/2024), follow these steps in QuickBooks:
1. Open QuickBooks and sign in to Rock Castle Construction's account.
2. Go to the "Reports" menu.
3. Select "Profit & Loss" or "Income Statement."
4. Set the date range to 01/01/2024 to 12/15/2024.
5. Review the "Net Income" line at the bottom of the report.
To find the total number of exterior wood doors (P10981) on hand as of 12/15/2024, follow these steps in QuickBooks:
1. Go to the "Reports" menu.
2. Select "Inventory" or "Items."
3. Choose "Inventory Valuation Summary" or "Item List."
4. Set the report date to 12/15/2024.
5. Locate the item number P10981 in the report and review the "Quantity on Hand" column.
Regarding the QuickBooks buttons and icons, the correct order as shown in the table is:
1. Radio button
2. Text box
3. Check box
4. Print icon
5. Export button
6. Drop-down list button
7. Date button
Therefore, the correct answer is option 1:
1. Radio button, text box, check box, print icon, Export button, drop-down list button, date button.
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10. The Kokorapolus's are married and are filing a joint tax return. Their gross income is $35,836. They are claiming $1,000 in adjustments to income. They are also claiming $8,906 in itemized deductions and four exemptions of $3,100 each. They have already paid a total of $2,245 in withholding taxes.
a. What was their actual tax?
b. They are entitled to a refund of what amount?
(ASAP ITS FOR A TEST)
Answers
Their gross income is $35,836. They have adjustments to income of $1,000, so their adjusted gross income is $34,836. Their total tax liability is $5,704.60. The Kokorapolus's actual tax is $5,704.60, and they are entitled to a refund of $3,459.60.
a. To determine the Kokorapolus's actual tax, we need to calculate their taxable income first.
Their gross income is $35,836. They have adjustments to income of $1,000, so their adjusted gross income is $34,836.
From this, they can subtract their itemized deductions of $8,906. This leaves them with a taxable income of $25,930.
To calculate their actual tax, we need to use the tax brackets for their filing status (married filing jointly) and taxable income.
For simplicity, let's assume that their taxable income falls into the 22% tax bracket.
22% of $25,930 is $5,704.60.
Therefore, the Kokorapolus's actual tax is $5,704.60.
b. To determine the refund amount, we need to calculate their total tax liability and subtract the withholding taxes they have already paid.
Their total tax liability is $5,704.60, as calculated in part (a).
They have already paid $2,245 in withholding taxes.
Therefore, their refund amount would be $5,704.60 minus $2,245, which equals $3,459.60.
In conclusion, the Kokorapolus's actual tax is $5,704.60, and they are entitled to a refund of $3,459.60.
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daniel has several properties listed around town. he receives a call from a prospective buyer who is very interested in one of the properties and wants to schedule a showing. what should daniel do?
Answers
Daniel has a number of houses listed in the neighborhood. A potential customer calls to express great interest in one of the properties and request a showing time.
Daniel disclose his agency relationship with the seller to the prospective buyer. a property of the thing. an object's characteristics are its properties. In the Car class, there are several characteristics, or features, that all automobiles share, such as steering wheels, brakes, and color, albeit the values of each characteristic might vary from object to object.
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a partially amortizing mortgage is made for $67,000 for a term of 10 years. the borrower and lender agree that a balance of $21,400 will remain and be repaid as a lump sum at that time. required: a. if the interest rate is 7 percent, what must monthly payments be over the 10-year period? b. if the borrower chooses to repay the loan after five years instead of at the end of year 10, what must the loan balance be?
Answers
a) The monthly payment amount would be $748.39
b) The loan balance be $54,160.11
a) We use the PMT function in excel here
=PMT(rate, nper, PV, FV)
Here
Rate = 7%/12
Nper, period = 10 years*12 = 120
PV, present value = $76,000
FV, future value = $23,200
Thus we type in the following in any of the excel cell
=PMT(7%/12,120,-76000,23200)
And the answer is $748.3861
b) We use the FV function in excel here
=FV(rate, nper, PMT, PV
Here
Rate = 7%/12
Nper, period = 5 years*12 = 60
PMT, $748.39
PV, present value = $76,000
Thus we type in following in any of the excel cell
=FV(7%/12,60,748.39,-76000) = $54,160.11
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Under IFRS, income includes increases in economic benefits from:
A. increases in liabilities not related to owners' contributions.
B. enhancements of assets not related to owners' contributions.
C. increases in owners' equity related to owners' contributions.
Answers
Under IFRS, income includes increases in economic benefits from enhancements of assets not related to owners' contributions. This means that any increase in the value of an organization's assets, which is not a result of contributions made by the owners or shareholders, is considered income.
These enhancements can occur due to various factors such as market fluctuations, operational improvements, or successful business strategies.
In contrast, increases in owners' equity related to owners' contributions are not considered income under IFRS. Owners' contributions refer to the investments made by shareholders or business owners into the organization, such as purchasing shares or providing additional capital.
These contributions increase the owners' equity in the company but do not constitute income as they do not result from the organization's operational activities.
To summarize, income under IFRS includes enhancements of assets not related to owners' contributions, representing increases in the value of the organization's assets derived from factors other than the direct financial input of its owners.
Meanwhile, increases in owners' equity related to owners' contributions are not considered income, as they represent the investments made by the shareholders or business owners in the company.
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which type of test enables the marketer to evaluate the functional characteristics of the product and to determine if an advantage over a particular competitor has been obtained without the contaminating, or halo, effects of the brand name or the firm's reputation? group of answer choices surrogate tests generic tests perceptual tests blind tests primary tests
Answers
The type of test enables the marketer to evaluate the functional characteristics of the product and to determine if an advantage over a particular competitor has been obtained without the contaminating, or halo, effects is: D. Blind tests
What is blind tests?Blind tests can be defined as the process of removing any features or characteristics that may enables consumers to identify a product brand name when consumers are testing the product so as to prevent consumers from identifying the type of product they are evaluating.
This type of testing process is often conducted so as to prevent any bias from the consumer who tested the product as well as to protect the reputation of the company which product are been tested.
Therefore the correct option is D.
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What is the term used to describe a design created to represent a company or
brand?
A. Headline
B. Visual
C. Logo
D. Body copy
Answers
Answer:
logo
Explanation:
i took the quiz!
you should try to get the lowest interest rate possible in which situation
(A) you are lending money to a bank
(B) you are borrowing money from another person
(C) you are lending money to another person
(D) you are putting money in a savings account
Answers
Answer:
B. you are borrowing money from another person
Explanation:
rest is you giving money to others which if you could youd want higher interest rates for
Answer:
You are borrowing money from another person.
Explanation:
I want to sell homework answers but I need to contact people without people finding out I did
Answers
Answer:
sell?
Explanation:
What is the purpose of a business plan? To outline how a business will be operated To outline how exercise programming will be created To apply for a job To outline the ideal employee for a business
Answers
The purpose of a business plan is to outline how a business will be operated. It serves as a roadmap for entrepreneurs and business owners, guiding them in setting goals, making decisions, and allocating resources. A business plan typically includes key components such as an executive summary, company description, market analysis, organization structure, products or services, marketing strategies, financial projections, and more.
Here is a step-by-step breakdown of the purpose of a business plan:
1. Set goals: A business plan helps define the long-term and short-term goals of a business, including objectives for growth, profitability, and market share.
2. Make informed decisions: By conducting a thorough market analysis, a business plan helps identify target customers, competitors, and industry trends, enabling informed decision-making.
3. Allocate resources: A business plan outlines the required resources, such as funding, equipment, and personnel, and helps allocate them efficiently to achieve business objectives.
4. Secure financing: A well-developed business plan can attract investors or secure loans by demonstrating the viability and potential profitability of the business.
5. Communicate and align: A business plan serves as a communication tool, enabling entrepreneurs to share their vision and strategy with stakeholders, employees, and potential partners.
In summary, a business plan provides a comprehensive overview of a business's operations, goals, and strategies, helping entrepreneurs navigate the complexities of running a successful enterprise.
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With the help of online research, write a short report on “glocalization.”
Answers
The phenomena of Glocalization, which is best described as Thinking Globally, Acting Locally, is created when the two terms of globalisation and localization are combined.
To put it more properly, we may say that although if a single brand is produced, sold, and distributed globally, it is nevertheless personalised and customised to suit the tastes and preferences of customers in the many global marketplaces.
It is carried out since each region of the world has its own unique culture, linguistic preferences, demands, and desires.
By adjusting their offerings and products to meet the needs of that specific market, businesses may effectively position and place their items, resulting in high revenues and devoted customers.
The following are all global brands, although they cater to the demands of their customers in various parts of the world while selling items.
Chips by Lays (They sell different flavours in different parts of the world, according to the taste preference and eating habits of that country).
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Read the statements below. Select "L" if the statement describes the Linux OS. Select "M" if the statement describes the Mac OS. Select "W" if the statement describes the Windows OS.
L - Linux
M - Mac
W - Windows
___code can be modified by users
____customer service provided by volunteers
___introduced the first GUI
___open source
____used by the majority of businesses
_____widely used in artistic fields
Answers
All the above statements describe Linux OS.
"Code can be modified by users" refers to the open-source nature of Linux."Customer service provided by volunteers" can be interpreted as a reference to the community-driven support for Linux."Introduced the first GUI" is not accurate, as the first GUI was actually introduced by Xerox PARC, but Linux certainly played a role in popularizing the use of GUIs in computing."Open source" refers to the fact that Linux's source code is freely available for users to view, modify, and distribute.
How do bonds earn income
Answers
Answer:
The owner of the bond receives interest payments, known as the coupon, throughout the life of a bond, at the interest rate that was determined when it was issued.
Explanation:
They are debt obligations, meaning that the investor loans a sum of money (the principal) to a company or a government for a set period of time, and in return receives a series of interest payments (the yield).
explain six Differences between private and public company
Answers
•explain six Differences between private and public company.
Answer:
•In most cases, a private company is owned by the company's founders, management, or a group of private investors. A public company is a company that has sold all or a portion of itself to the public via an initial public offering.
Explanation:
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What would CRM software help you
do?
Answers
CRM software can help you in the following ways.
They can help in streamlining deals and marketing efforts, manage client connections, and see to client satisfaction.Also, the capability to track client relations and data can help businesses optimize their operations and identify areas for improvement.What is CRM software?CRM software or Customer Relationship Management software is an important tool which was created to help businesses manage their relations with customers and potential customers.
It allows businesses to store client data like contact information, purchase history, and communication preferences, all in one centralized location.
This data gotten from the software can be analyzed and used to perceive how a customer behaves, his preferences, and needs.
Thus, a CRM tool can help businesses cultivate strong relations with their customers and drive long- term growth.
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You're in charge of a new construction worksite. You must make sure no one Gets hurt and that everything complies with osha. Name steps
Answers
Answer:
Check the safety of the environment and the people
Explanation:
If there are any hazards (electrical, falling, or mechanical) it must be removed ASAP and/or reported. Make sure everyone has their PPE and that it is in good and working condition.
History of Stock Exchange in India
Answers
Answer:
The first organised stock exchange in India was started in 1875 at Bombay and it is stated to be the oldest in Asia. In 1894 the Ahmedabad Stock Exchange was started to facilitate dealings in the shares of textile mills there. The Calcutta stock exchange was started in 1908 to provide a market for shares of plantations and jute mills.
Then the madras stock exchange was started in 1920. At present there are 24 stock exchanges in the country, 21 of them being regional ones with allotted areas. Two others set up in the reform era, viz., the National Stock Exchange (NSE) and Over the Counter Exchange of India (OICEI), have mandate to have nation-wise trading.
They are located at Ahmedabad, Vadodara, Bangalore, Bhubaneswar, Mumbai, Kolkata, Kochi, Coimbatore, Delhi, Guwahati, Hyderabad, Indore, Jaipur’ Kanpur, Ludhiana, Chennai Mangalore, Meerut, Patna, Pune, Rajkot.
The Stock Exchanges are being administered by their governing boards and executive chiefs. Policies relating to their regulation and control are laid down by the Ministry of Finance. Government also Constituted Securities and Exchange Board of India (SEBI) in April 1988 for orderly development and regulation of securities industry and stock exchanges.
You are the manager of a project that has an operating leverage rating of 2.8 and a required return of 14 percent. Due to the current state of the economy, he expects sales to decrease by 7 percent next year. What change should you expect in operating cash flows next year given your sales forecast?
Answers
Answer:
The change should you expect in operating cash flows next year would be 19.60%
Explanation:
In order to calculate the change should you expect in operating cash flows next year given your sales forecast we would have to make the following calculation:
change should you expect in operating cash flows=operating leverage rating*percentage of decrease sales next year
change should you expect in operating cash flows=2.8*0.07
change should you expect in operating cash flows=19.60%
The change should you expect in operating cash flows next year would be 19.60%
Miller Company's contribution format income statement for the most recent month is shown below: Help Save & Exit s Total Per Unit Sales (42,eee units) $ 378, eee $9.ee Variable expenses 252.ee 6.ee Contribution margin 126,eee $ 3.ee Fixed expenses 46,eee Net operating income $ 80,ese Required: (Consider each case independently 1 What is the revised net operating income if unit sales increase by 14%? 2. What is the revised net operating income if the selling price decreases by $120 per unit and the number of units sold increases by 219? 3. What is the revised net operating income if the selling price increases by $120 per unit, fixed expenses increase by $9,000, and the number of units sold decreases by 2%? 4 What is the revised net operating income if the selling price per unit increases by 10%, variable expenses increase by 30 cents per unit, and the number of units sold decreases by 9%? 1. Net operating income 2. Net operating income 3. Net operating income 4. Net operating income < De
Answers
Revised Net Operating Income: Adjustments Impact Miller Company's Financial Performance are:
1. $91,200
2. $84,720
3. $85,200
4. $66,780
1. If unit sales increase by 14%, the total sales revenue will increase by 14% as well, resulting in a higher contribution margin. Since fixed expenses remain unchanged, the net operating income will increase. In this case, the revised net operating income is $91,200.
2. If the selling price decreases by $120 per unit and the number of units sold increases by 219, the total sales revenue will decrease due to the lower selling price per unit. However, the increase in the number of units sold will partially offset the decrease in revenue. The contribution margin will be affected by both the lower selling price and the increased units sold. After deducting fixed expenses, the revised net operating income is $84,720.
3. If the selling price increases by $120 per unit, fixed expenses increase by $9,000, and the number of units sold decreases by 2%, the total sales revenue will increase due to the higher selling price per unit. However, the decrease in the number of units sold will reduce the contribution margin. Additionally, the increase in fixed expenses will further reduce the net operating income. In this case, the revised net operating income is $85,200.
4. If the selling price per unit increases by 10%, variable expenses increase by 30 cents per unit, and the number of units sold decreases by 9%, the total sales revenue will increase due to the higher selling price per unit. However, the increase in variable expenses per unit and the decrease in units sold will decrease the contribution margin. After deducting fixed expenses, the revised net operating income is $66,780.
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PRIVATE ENTERPRISE IS RUN MAINLY TO?
Answers
Answer:
The private sector is the part of the economy that is run by individuals and companies for profit and is not state controlled. Therefore, it encompasses all for-profit businesses that are not owned or operated by the government
Explanation:
♀️
We've Come a Long Way From Where We Began
Answers
Answer:
oh ill tell you all about it when i see you again
Explanation:
What are four industries within animal agriculture?