Corporate procurement, also called corporate purchasing, deals with the transactional elements of buying products and services by an organization for its operational and functional needs.a) trueb) false
Answers
Answer: True
Explanation:
Cooperate procurement could be defined as the process where a firm or organization buys materials needed for projects and other items that would be useful in the organization. This is handled by the procurement department of the organization, every other department would tender items that her needed to be purchased, when these items are approved by the management, the procurement department either contacts it's vendors or acquire the items by themselves.
Related Questions
The number of seats a table can have is usually expressed as the number and the word "top". You can have 17, 4-top tables, 28, 2-top tables, 15, 6-top tables and 5, 10-top tables. How many can your restaurant seat?
A) 244 seats
B) 264 seats
C) 288 seats
D) None of the above
Answers
Answer:
B) 264 seats
Explanation:
'Top' is the number of seats per table.
17 tables with 4 seats will have
17 x 4 = 68 people
28 2-top tables
28 x 2 =56 seats
15, 6-top tables
15 x 6 =90 seats
5, 10-top tables.
5x10 = 50 seats
Total number of people who can seat
= 68 + 56 +90 +50
=264 seats
evaluate the telescoping series or state whether the series diverges. (if the quantity diverges, enter diverges.) [infinity] n = 1 31/n − 31/(n 1)
Answers
The compacting series has a value of 31.
By simplifying the terms, we may assess whether the compacting series ∑( n = 1 to ∞)( 31/ n)-( 31/( n 1)) converges or diverges.
Expanding on the series ∑( n = 1 to ∞)( 31/ n)-( 31/( n 1)) still, we gain if we simplify each term.
= 31/1- 31/2 + 31/2 - 31/3 + 31/3-...
As we can see, all of the expressions except for the first and last term of each brace cancel each other out.
The maturity of terms cancel out in this miracle, appertained to as the compacting effect, leaving only a small number of terms.
Let's now reduce the equation indeed more
= 31/1-31/2+31/2-31/3+31/3-31/4....
The terms(31/2-31/2),(31/3-31/3),(31/4-31/4), and so on cancel one another eschewal.
What we're left with is
= 31/1
As a result, the number31/1, or just 31, is reached by the series ∑( n = 1 to ∞)( 31/ n)-( 31/( n 1)).
Hence, the value of the compacting series is 31.
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n global trade the total cost of producing, storing, and transporting a product to the site of consumption or another port is referred to as the: landed cost delivery cost value-added tax indirect cost
Answers
In global trade the total cost of producing, storing, and transporting a product to the site of consumption or another port is referred to as the: indirect cost .
What are indirect costs?Business expenses that aren't directly related to a specific grant, contract, project function, or activity but are still crucial to the organization's overall operation and operation performance are referred to as indirect costs.
Indirect costs are those that are not directly related to a cost object. Like direct costs, indirect expenses can be constant or variable. Spending on personnel, security, and administration are all examples of indirect costs. These are the costs that have nothing to do with manufacturing.
A cost target, such as a grant, contract, project, function, or activity, can easily be assigned direct costs. Those costs that are hard to put a cost objective on are known as indirect costs.
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A schedule that shows the various amounts of a product consumers are willing and able to purchase at each price in a series of possible prices during a specific period of time is called (a) supply (b) demand (e) quantity supplied (d) quantity demanded
Answers
If a schedule that shows the various amounts of a product consumers are willing and able to purchase at each price in a series of possible prices during a specific period of time is called (b) demand.
Demand refers to the quantity of a product or service that consumers are willing and able to purchase at various prices during a specific time period. A schedule that shows these different quantities at different prices is known as a demand schedule.
The demand schedule illustrates the relationship between the price of a product and the quantity demanded by consumers. It outlines the quantities that consumers are willing to buy at different price levels, typically in a tabular form. The demand schedule helps to understand how changes in price affect consumer behavior and the quantity demanded.
By examining the demand schedule, economists can construct a demand curve, which is a graphical representation of the relationship between price and quantity demanded. The demand curve slopes downward, indicating that as the price of a product decreases, the quantity demanded increases, and vice versa.
In summary, the demand schedule provides valuable information about consumer preferences and their willingness to purchase a product at different price points, contributing to the understanding of market dynamics and pricing decisions.
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When can an organization share phi with others, according to professional judgment rights?.
Answers
An organization can share phi with others, according to professional judgment rights if HIPAA Privacy Rule specifically permits it.
What is HIPAA?The Health Insurance Portability and Accountability Act serves as the federal law that required the creation of national standards.
This standard help to protect sensitive patient health information from unauthorized access.
Therefore, information can only be shared if HIPAA Privacy Rule specifically permits it.
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True or false: the operations manager is involved primarily with supply network design.
Answers
The activities director is very familiar with a few sorts of plan: procedure, design, job design, supply network design, and organizational design.
In supply chain management, what role does the operations manager play?Supply Chain Management The operations manager is in charge of managing the process of the supply chain by controlling inventory management, the production process, sales, distribution, and locating suppliers who can supply the necessary goods at fair prices.
In terms of operations management, what is network design?The process of building and modeling a supply chain to better understand the costs and time involved in bringing goods to market with the resources and locations available is known as supply chain network design.
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When gathering information, which of the following tasks might you need to
perform?
A. Seek out ideas from others and share your own ideas
О
B. Fill out forms, follow procedures, and apply math and science
C. Apply standards, such as measures of quality, beauty, usefulness,
or ethics
D. Study objects, conduct tests, research written materials, and ask
questions
Answers
Answer:
The answer is D
Explanation:
To gather information you have to study objects and conduct tests on them to gather results.
If the price of a good's complement rises, _____ for the good whose price did not change will decrease.
Answers
If the worth of a good's complement rises, Demand for the great whose price did not change will decrease.
What is demand explain?
Demand is that the quantity of consumers who are willing and able to buy products at various prices during a given period of time. Demand for any commodity implies the consumers' desire to accumulate the good, the willingness and skill to pay for it.
What is demand in the market?
Market demand is that the specific quantity of a product that consumers can afford and want to buy at the given price of that product or service. Market demand affects businesses and consumers alike by determining production and helping to guide competition within the marketplace.
What is the basic law of demand?
The law of demand may be a fundamental principle of economics that states that at a higher price, consumers will demand a lower quantity of an honest . Demand springs from the law of diminishing marginal utility, the very fact that consumers use economic goods to satisfy their most urgent needs first.
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Which of the following is a type of sales promotion?
Free Samples
All of these
Coupons
Customer Loyalty Programs
Answers
Free Samples, Coupons, and Customer Loyalty Programs are the types of sales promotion. All of the above is the correct option. The correct option is B.
Free samples increase the possibility of future sales by enabling consumers to test a product before making a purchase.
Coupons encourage consumers to make purchases and may draw in new clients by providing discounts or special offers on goods or services.
Customers that use loyalty programs frequently receive points, awards, or special deals in exchange for their continued business. These initiatives try to keep current clients and promote reordering.
Thus, the ideal selection is option B.
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Why do lenders require collateral for a secured loan? (10 points)
A) It reduces risk to the lender
B)It eliminates interest charges
C) It reduces the cost of the financed good
D) It protects consumers from loss
Answers
Answer:
A) It reduces risk to the lender
Explanation:
Collateral refers to a valuable asset that a borrower offers to the lender to secure a loan. Typically, the collateral will have a higher market value than the loan amount. Asset mostly used as collateral include homes, properties, and motor vehicles. The lender will keep custody of the title documents until the borrower repays full amount borrowed.
Offering collateral for a loan indicates the borrower's willingness to repay the loan. The lender is assured of recovering their money. If the borrower defaults, the lender will dispose of the collateral to recover their money. This reduces the lender's risk.
Answer:
A) it reduces risk to the lender
Explanation:
I just took the quiz and got it right.
Be invested in at least 6 stocks in at least 4 different industries or sectors ADD 1 BOND CO & MU bonds must be $1,000's and TR is $100 & 1 MUTUAL FUND (must buy at leas 10)
Answers
Invest in at least 6 stocks from 4 different sectors, 1 bond CO and 1 bond MU with $1,000's, and a mutual fund with at least 10 shares.
Diversification across different securities and sectors helps reduce risk while potentially increasing returns. Bonds can provide fixed income and reduce portfolio volatility, while mutual funds offer exposure to a variety of securities in a single investment.
It's important to conduct research on each security to ensure they align with personal investment goals and risk tolerance. Additionally, regular monitoring and rebalancing of the portfolio can help maintain diversification and alignment with investment goals over time.
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differential revenue is an example of a(n) blank______ benefit.
Answers
incremental Differential revenue is an example of an incremental benefit.
Incremental benefits, also known as differential benefits, refer to the additional revenue or value generated by a particular decision or action compared to an alternative course of action. In the context of business or financial analysis, it represents the difference in revenue between two alternatives. Differential revenue specifically focuses on the additional revenue earned by choosing one option over another. It quantifies the incremental income or sales generated by a specific decision, such as introducing a new product, expanding into a new market, or implementing a pricing strategy. For example, if a company decides to launch a new product line and expects it to generate $500,000 in revenue, while an alternative course of action would have generated only $300,000, the differential revenue would be $200,000 ($500,000 - $300,000).
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PLEASE HELP ASAPP
PLEASE MAKE THE ANSWER CLEAR EASY TO UNDERSTAND YOU DONT NEED TO EXPLAIN THANK YOU.
Answers
Answer:
health insurance/current total (gross NOT net) and move your decimal over =%
Explanation:
Which of the following statements regarding retirement analysis is correct? O Performing a Monte Carlo Analysis will eliminate the risks associated with retirement planning O Small inaccuracies in the earnings rate or inflation rate will not have much impact over a long period of time. Sensitivity analysis consists of rotating each variable assumption toward the undesirable side of the risk to determine the negative impact a small change will have on the overall plan. O A Monte Carlo Analysis calculates three scenarios: a best case, an expected case, and a worst case basis.
Answers
The statements regarding retirement analysis that is correct is Sensitivity analysis consists of rotating each variable assumption toward the undesirable side of the risk to determine the negative impact a small change will have on the overall plan.
What is a retirement analysis?
A retirement plan analysis can be described as the examination of individuals current plan it can be seen as one that helps to determine if you are on a path to realize your goals for retirement. however the retirement plan analysis can be used to check if you have a plan as well as the contributions are on track.
In conclusion, the Sensitivity analysis can be regarded as the financial model that determines the target variables and the way it can beaffected based on changes in other variables known as input variables.
Therefore, option C is correct.
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A student used material that was copyrighted but without penalty. Although age is not a guarantee, at what age is most material in the public domain? it must be years old.
Answers
A student used material that was copyrighted but without penalty. Although age is not a guarantee, at what age is most material in the public domain must be 50 years old.
Is the word "copyrighted" accurate?
Always use copyrighted content. Both as a verb and an adjective, it is this word's usual form. Copyright, the term that goes along with it, is essentially the ability to copy something. Consider the "w" in copywritten to be the letter "w" for incorrect.My work is copyrighted, is that correct?
A copyright notice is a voluntarily added statement to your work stating that it is owned by you and protected by copyright law. Giving notice to possible infringers is the purpose of a copyright notice. serve as proof of intentional infringement.
The full question was
Allison would like to find all records that are in stock. In her database, she has a field named "in stock." When the item is in stock, a "yes" appears. What should Allison do?
Conduct a query and set the criteria as =yes.
Conduct a query and set the criteria to >2.
Locate each record and check each one.
Sort the records in ascending order by item number.
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which section of title vii states that it is not a violation if an employer refuses to hire or to discharge an employee who is unable to meet the requirements for a national security clearance where federal law or regulations require such a clearance for the job in question?
Answers
703(m) of Title VII section of title vii states that it is not a violation if an employer refuses to hire or to discharge an employee who is unable to meet the requirements for a national security clearance where federal law or regulations require such a clearance for the job in question.
What is title VII religious exemption??In accordance with Title VII of the Civil Rights Act, businesses must make reasonable accommodations for their employees' honestly held religious views, practises, and observances. Employment discrimination based on religion is also prohibited.
What are examples of religious accommodations?Schedule adjustments (arrivals, departures, floating/optional holidays, flexible work breaks, and any other scheduling adjustments); voluntary shift substitutions and/or swaps; job reassignments, such as changes of position tasks and lateral transfers; and modifications are examples of religious accommodations.
What is an example of a religious belief?Examples of religious views are as follows: the conviction of some Christians that wearing a cross as a representation of your faith is appropriate. the notion that a woman should cover her body or head when practising Islam. the acceptance of intelligent design or creationism.
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soft money may be spent for party-building activities such as
Answers
Soft money can be used for party-building activities, including activities aimed at strengthening political parties, such as voter registration drives, issue advocacy, and grassroots organizing.
Soft money refers to political contributions that are not subject to the same federal regulations and restrictions as "hard money" contributions, which are directly used to support specific candidates or campaigns. Instead, soft money can be allocated to party-building activities that aim to strengthen political parties and enhance their influence. Party-building activities funded by soft money can include a range of efforts aimed at increasing party membership, promoting party platforms, and enhancing organizational infrastructure. These activities may include voter registration drives, issue advocacy campaigns, grassroots organizing, volunteer recruitment, public relations initiatives, and educational programs.
By allocating soft money towards party-building activities, political parties can strengthen their grassroots support, engage with voters, and mobilize resources to support their overall objectives. These activities are intended to enhance the party's long-term viability, promote its values and policy positions, and develop a strong base of supporters. It's important to note that the regulations surrounding soft money can vary depending on the country and its specific laws governing campaign finance.
In some jurisdictions, there may be stricter regulations on the use of soft money for party-building activities, while others may allow more flexibility in its allocation. In conclusion, soft money can be spent on party-building activities, which encompass a range of efforts aimed at strengthening political parties and their influence. These activities play a vital role in expanding party membership, promoting party platforms, and enhancing the party's organizational infrastructure.
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Which type of advertising does a business use to enhance its image in the market and society?
Through (BLANK) advertising, businesses try to enhance their reputation in the market as well as society.
Answers
Answer:
Public relations
Explanation:
Public relations are the efforts of a company to create good relations between itself and society. It uses the media to relay positive messages about the company to society. Public relations is about creating a goods reputation for the company in the eyes of the community.
In public relations, a company engages in activities that promotes its image in society. It may sponsor sports events, engage in charity work, or partner with the community in other social activities. When such activities are highlighted in the media, they create a good reputation for the company.
Answer:
Public relations
Explanation:
when a buyer obtains a loan for the purpose of financing the purchase of real property, how does the amount of the loan obtained appear on the settlement sheet? select one: a. as a credit to the buyer and a debit to the seller. b. as a debit to the seller and a credit to the buyer. c. as a credit to the seller, only. d. as a credit to the buyer, onl
Answers
When a buyer obtains a loan for the purpose of financing the purchase of real property, the amount of the loan obtained appears on the settlement sheet as a debit to the seller and a credit to the buyer. The correct answer is option B.
This entry reflects the financial transaction involved in the purchase. The seller is debited for the loan amount since they are receiving funds from the buyer as part of the property sale. On the other hand, the buyer is credited for the loan amount since they are borrowing the funds to complete the purchase.
This arrangement ensures that the buyer's obligation to repay the loan is properly documented, and it accurately represents the flow of funds in the transaction, with the seller receiving payment and the buyer assuming the loan liability.
Thus, option B is the right answer
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who approves the federal budget
congress
presdient
house
President and congress
Answers
Answer:
congress
Explanation:
i think
correct me if I'm wrong
CARRY ON LEARNING
Answer:
president
Explanation:
I think because he rules the country
store management may temporarily detain a suspected shoplifter without liability for false imprisonment based on the concept of ______
Answers
Store management may temporarily detain a suspected shoplifter without liability for false imprisonment based on the concept of reasonable suspicion.
Reasonable suspicion is a legal term used to indicate that a police officer, based on the facts and circumstances available to them at the time of the encounter, has a justifiable reason to suspect that criminal activity may be occurring, is about to occur, or has recently occurred. Shopkeepers have the right to temporarily detain a suspected shoplifter without incurring liability for false imprisonment based on the concept of reasonable suspicion, which is a key component of the Fourth Amendment's protection against unreasonable searches and seizures.
So, Store management may temporarily detain a suspected shoplifter without liability for false imprisonment based on the concept of reasonable suspicion.
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A group of four friends spends a day at a local theme park, which has just opened a new attraction with very popular rides featuring new technology. They board one of the rides after waiting for over an hour in line, but about five minutes into the ride the electricity fails, and they are stuck on the ride for a half hour. When the ride finally resumes and concludes, they go to the theme park’s guest services department to complain.
What are the facts?
How does the guest feel?
How would you acknowledge the guest’s feelings?
What would be your solution?
How would you follow up with the guest?
Answers
firstly it was totally the system's fault because they can't take risks with electricity in a local theme park as it is a must factor. even if the incident occurred they must have a good backup.
we have already discussed the facts, it was very unpleasant for the guests as they came for enjoying the moment but wasted their time due to system failure and it was very disheartening for all the people gathered there.
acknowledging guests' feelings seems to be very disheartening as they suffered because of the department's negligence and everything that happened was unexpected.
the department should be aware of every basic facility present at that moment and must have options for immediate action if something happens.
peaky blinder enterprises (pbe) has a beta of 1.46, the market risk-premium is 6.25 percent, and the risk-free rate is 2.80 percent. what is the expected return for pbe stock?
Answers
The expected return for peaky blinder enterprises (pbe) is 11.925%.
What is the expected return?The capital asset pricing model is a linear model that can be used to determine the expected return of a stock based on the beta, risk free rate and the market premium.
According to the capital asset price model:
Expected rate of return = risk free + beta x (market rate of return - risk free rate of return)
Expected rate of return = risk free + (beta x market risk premium)
2.80% + (1.46 x 6.25%)
2.80% + 9.125% = 11.925%
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Explain the concept of market and market identification.
Identify communications channels used in sales promotion.
Explain types of advertising media.
Describe effective advertising layouts.
Write copy for advertisements.
Answers
Copywriting for advertisements should be concise and to the point, utilize descriptive language, use active voice, include an attention-grabbing headline, and provide a clear call-to-action.
What is Copywriting?Copywriting is the practice of crafting words and phrases in order to create promotional materials that are designed to sell products or services. It requires a great deal of creativity and an ability to write in an engaging and persuasive manner. Copywriting involves researching, understanding the target audience, creating attention-grabbing headlines and crafting persuasive copy to persuade readers to take action. It is an essential part of the marketing process and can be used to effectively reach potential customers and increase sales. Copywriters use a variety of techniques to create effective copy, such as using powerful words, creating vivid imagery, and making use of persuasive language. Copywriters must be able to understand the needs of their target audience, create compelling headlines and body copy, and be able to effectively target the right people. In addition, copywriters must be able to measure the success of their copy and make adjustments based on the results.
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The balance sheet for Greeley Contracting shows assets totaling $207,000 and liabilities totaling $95,000. Which of the following statements is correct?
Owners' equity equals $182,000
Current assets are worth $92,000
Net income for the period is $112,000
Owners' equity equals $112,000
Answers
The correct statement is: Owners' equity equals $112,000.
Owners' equity can be calculated by subtracting liabilities from assets. In this case, the assets are $207,000 and the liabilities are $95,000.
By subtracting the liabilities from the assets, we can determine the owners' equity, which is
$207,000 - $95,000
= $112,000.
The statement "Current assets are worth $92,000" is not correct because the information provided does not specify the breakdown of assets into current and non-current categories.
The statement "Net income for the period is $112,000" cannot be determined based on the information given. Net income is a measure of profitability and is calculated by subtracting expenses from revenues. The balance sheet does not provide information about revenues or expenses.
Therefore, the correct statement is that the owners' equity equals
$112,000.
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50 POINTS
Danielle is a cosmetologist who specializes in hair color. What skill might benefit Danielle in her career?
A. Danielle enjoys working alone
B. Danielle likes math and solving puzzles
C. Danielle is friendly and outgoing
D. Danielle is competitive and likes sports.
Answers
Scarcity, opportunity cost, and marginal analysis Aa Aa Latasha ls training for a triathlon, a timed race that combines swimming, cycling, and running. Consider the following statement: Because her pool sessions are helping her swim much reduce by one hour per in the swimming pool; however, her husband says that she should stop doing any cycling and running and spend all 20 hours per week in the pool. faster, Latasha plans to week the time she spends training on the bike and increase by one hour the time she spends Which basic principle of individual cholce does Latasha's decision lustrate that her husband's advice does not O People usually exploit opportunities to benefit themselves. O All costs are opportunity costs Resources are scarce. O Many decisions are taken using marginal thinking
Answers
She does not view choosing between bike and swimming as a binary choice. She marginally modifies the amount of time she devotes to practising each activity.
What are the principles behind individual choice?Numerous decisions are made on the fly. A little bit of bike training might be more valuable than the final hour of pool training if she reduces her time spent exercising there to zero. She does not view choosing between bike and swimming as a binary choice. She marginally modifies the amount of time she devotes to practising each activity.
In order to do that, we'll examine four fundamental principles of individual decision-making that are significant in an economic context: People have to make trade-offs; these trade-offs result in opportunity cost; people think at the margin; and people react to incentives. Decisions are frequently made in the margins. explanation: A how-much decision was made by Neha when deciding between pool time and bike time.
Therefore the correct answer is Many decisions are taken using marginal thinking.
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Distinguish between medium and higher level education with
illustration.
Answers
medium level profession can be defined as some one who has moved past entry level but isn't nearing the end . whereas high level profession means a person has moved past entry level and also has reached the end.
Quail Company builds snowboards. Quail Company has reported the following costs for the previous year. Assume no production inventories.
Cost of fiberglass (raw material) $ 85,000
Factory rent $ 59,000
Advertising $ 134,000
Utilities for factory $ 12,000
Wages of assembly workers $ 91,000
Production supervisor salary $ 44,000
Sales manager salary $ 42,000
Factory property taxes $ 15,000
Depreciation on production equipment $ 30,000
Cost of bindings (raw material) $ 34,000
Screws $ 1,200
Wages of snowboard painters $ 78,000
Wages for maintenance workers $ 37,000
a. Compute the direct material costs.
b. Compute the direct labor cost.
c. Compute the manufacturing overhead.
d. Compute the total manufacturing cost.
e. Compute the prime cost.
f. Compute the conversion cost.
g. Compute the total period cost.
Answers
a. Compute the direct material costs
Explanation:
a. Compute the direct material costs
if at some output level for a firm, price exceeds average total cost, then the firm is earning an economic profit. T/F?
Answers
True. If the price exceeds the average total cost at a certain output level, the firm is earning an economic profit.
When the price of a firm's output is higher than the average total cost (ATC) at a particular production level, the firm is indeed earning an economic profit. This means that the revenue generated from selling the goods or services exceeds the total cost of producing them, including both variable and fixed costs.
To understand this further, we need to consider the relationship between price and average total cost. The average total cost is calculated by dividing the total cost by the quantity produced. If the price is higher than the average total cost, it indicates that the revenue generated per unit sold is greater than the cost per unit produced. As a result, the firm earns a profit on each unit sold, resulting in an overall economic profit.
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