Suppliers are key players in the company's success.
What are the functions of supplier?
A supplier is a person who supplies, sells, offers or exposes for sale, leases, supply or sells any biological or chemical substance or any plant to be used at a place of employment.
Who are suppliers in an organisation?
A supplier is considered as the person or organisation that provides a product or service to another business. Considering a reliable and competitively-priced supplier is important to the success of your business.
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To an economist, ________ is anything that is generally accepted in payment for goods or services or in the repayment of debt.
a. income
b. money
c. credit
d. wealth
Answer:money
Explanation:
The economic order quantity is an example of cycle inventory. true false
The answer is false. The economic order quantity is an example of cycle inventory.
What exactly is an economic order quantity?Companies determine their optimal order size by performing a calculation known as the economic order quantity (EOQ), which enables them to satisfy demand without going overboard. For the purpose of reducing holding costs and surplus inventory, inventory managers compute EOQ.
It refers to the ideal quantity of inventory that a business should buy to fulfil demand while lowering holding and storage expenses.
Optimal EOQ guarantees that the product is on hand when you need it or when something is needed for a client order, enabling you to ship the order promptly and keep the customer satisfied. This should enhance consumer satisfaction and might boost revenue.
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Alistar has an annual income of $25,000. he decides to take classes on line and at night so that he can continue to work. after 3 years he gets his degree and immediately starts earning $32,000 per year. if it takes alistar 6 years to recover his investment for his education, how much did it cost him?
If it takes Alistar 6 years to recover his investment for his education, then it cost him $42,000.
What do we mean by investments?The dedication of an asset to achieve an increase in value over time is referred to as an investment. Investment necessitates the sacrifice of a current asset, such as time, money, or effort.The goal of investing in finance is to generate a return on the invested asset. A gain (profit) or loss realized from the sale of a property or investment, unrealized capital appreciation (or depreciation), or investment income such as dividends, interest, or rental income, or a combination of capital gain and income, may constitute the return.To find the cost:
Alistar's 6-year investment strategy is divided into two phases:
Period 1: From the first to the third year.Period 2: From fourth to sixth years.Alistar invests in his education during the first period, from year one to year three.
In the second period, from year 4 to 6, the amount he begins earning is $32000, and his annual income is $25000.
Every year, Alistar receives an additional $7000.Now, the time required to recoup his investments is 6 years.As a result, total cost = 7000 × 6 = $42000Therefore, if it takes Alistar 6 years to recover his investment for his education, then it cost him $42,000.
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Stakeholder engagement should include both internal, as well as external, stakeholders and emphasize issues that directly affect corporate strategy.
a. true
b. false
The statement that, "Stakeholder engagement should include both internal, as well as external, stakeholders and emphasize issues that directly affect corporate strategy" is True.
What is Stakeholder engagement?Stakeholder engagement refers to a type of meeting that all the major players in an industry. Stakeholder engagement is designed to tackle the issues that directly affect the organization.
Stakeholders are expected to make their own input and be aware of any major changes that ought to be carried out in the interest of the organization. Since their funds are involved in the business, they ought to be aware of all important decisions.
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The equal employment opportunity commission (eeoc) was given the power to ________.
The equal employment opportunity commission (EEOC) was given the power to implement and uphold civil rights legislation prohibiting discrimination at work.
What is EEOC?The federal statute prohibiting discrimination or harassment against a job applicant or employee in the United States is enforced by the U.S. Equal Employment Opportunity Commission (EEOC). Congress established the Equal Employment Opportunity Commission (EEOC) on July 2, 1965, to carry out the Civil Rights Act of 1964's Title VII.
Its main office is in Washington, D.C., and as of 2021, it has 37 other field offices spread out over 15 different districts in the United States.
The EEOC upholds federal statutes that prohibit discrimination on the grounds of someone's race, color, religion, intimate relationships (including pregnancy, gender identity), national origin, age (40 or older), disability, or genetic information.
Additionally, it is illegal to discriminate against someone who has reported discrimination, has accused someone else of discrimination or has taken part in an employment discrimination investigation or lawsuit.
(Actually, 55.8% of complaints made to the EEOC in the 2020 fiscal year concerned retaliation.)
Since the stormy 1960s initially roiled their seemingly calm waters, business ethics have evolved significantly.
Thus, EEOC plays a major role in protecting human rights.
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In a dbr system, the mechanism that controls the rate at which the bottleneck dictates the throughput of the entire plant is called the.
The rope in a DBR system is the device that regulates the speed at which the bottleneck determines the throughput of the entire plant.
Drum-Buffer-Rope (DBR) is a production planning technique that makes use of the theory of constraints. DBR implementation will increase the efficiency of operations that are constrained internally or by a resource's capacity.
Simply said, DBR establishes a release mechanism (Rope) to guarantee that work is released into the system at the appropriate time, buffers the constraint so that it is never starved, and provides a work schedule for the constraint (Drum).
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Broad differentiation strategies generally work best in market circumstances where:____.
Broad differentiation strategies generally work best in market circumstances where the buyer uses and needs of product are diverse and they are not fully satisfied by the standardize product.
A Standardize product are those product which are identical regardless of which company makes the goods. A consumer cannot make difference in between the products. As they are homogenous in nature. Most product are perfect substitute of each other. Examples of standardized products include wheat, cement, fish all these product are identical in nature and have a very close substitute available in the market. There are many sellers available of standardize product.
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Individuals or companies that own one or more shares of stock in a company are known as:__________
Individuals or companies that own one or more shares of stock in a company are known as Shareholders.
A shareholder is someone who owns at least one share of a company's stock or unit in a mutual fund. The majority ownership of the company is held by its shareholders, who also have particular rights and obligations. With this ownership structure, they can benefit from a company's success. The benefits appear in rising stock prices.
Shareholders may be susceptible to capital gains (or losses) and/or dividend payments as residual claimants on a company's profits.
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Differential cost is blank______. multiple choice question. the same as opportunity cost
Differential cost is also called the incremental cost. The overall expense incurred as a result of producing an extra unit of a product is known as an incremental cost. The cost of an incremental unit of production is calculated by examining the additional costs incurred during the production process, such as raw materials.
Knowledge of Incremental CostSince incremental costs are the expenses spent while producing an additional unit, they wouldn't exist if production stayed the same. Typically, incremental costs are less expensive to manufacture than unit average costs. Variable costs, or costs that vary with production levels, are always a part of incremental costs. Incremental expenses could consist of the following:
Raw materials, including stockUtilities, such the extra electricity required to power the apparatusWages or production-only direct labor, not including indirect laborPacking and shippingTo know more about " Incremental Cost" , visit : https://brainly.com/question/25811981
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Besides being the first epic poem produced by a western culture, the epic of gilgamesh is significant because:__________
Gilgamesh became the first epic hero in world literature by defying death in the course of his quest for purpose in life. Every person who has contemplated life's purpose in the presence of death can relate to Gilgamesh's sadness and the concerns his friend's death raises.
The Sumerian Gilgamesh, the heroic king of Uruk, and his exploits are described in "The Epic of Gilgamesh." Hormuzd Rassam unearthed this epic tale among the remains of Ashurbanipal's library in Nineveh in 1853. This Akkadian version, which was composed in cuneiform on 12 clay tablets, was written between 1300 and 1000 B.C.
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A local school has been destroyed by fire. nothing has been salvaged and the school will have to completely rebuilt. what are the three methods of determining the cost of rebuilding?
A local school has been destroyed by fire. nothing has been salvaged and the school will have to be completely rebuilt. the three methods of determining the cost of rebuilding are
Square Foot Cost Unit in Place and Quantity Survey MethodThis is further explained below.
What is cost?Generally, A cost is the worth of the money that has been spent in the process of producing something or delivering a service, and as a result, it is no longer accessible for use.
This concept is utilized in manufacturing, research, retail, and accounting.
In conclusion, A local school has been destroyed by fire. nothing has been salvaged and the school will have to be completely rebuilt. the three methods of determining the cost of rebuilding are
Square Foot Cost Unit in Place and Quantity Survey MethodRead more about cost of rebuilding
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Intel corporation had assets equal to $123,249 million and liabilities equal to $54,230 million for a recent year-end. what was the total equity for interest business at year-end?
Total Equity was $69019 million at year's end.
we arrive. total equity at year's end is expressed as total equity at year's end = asset - liabilities, where value is the result.
Total Equity = $123,249 Million - $54,230 Million at the end of the year.
Total Equity was $69019 million at year's end.
What are liabilities?A liability is defined in financial accounting as the future forfeitures of economic benefits that an entity must make to other entities as a result of previous transactions or other previous events, the resolution of which may result in the transfer or use of assets, the provision of services, or other future yielding of economic benefits.
Financial accounting liabilities might be based on equitable obligations or constructive obligations rather than having to be legally enforceable. A duty based on moral or ethical principles is referred to as an equitable obligation.
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The account groups that are not involved with closing entries are known as __________ accounts.
The account groups that are not involved with closing entries are known as permanent accounts.
What is a permanent account?Permanent accounts are accounts that are not closed at the end of the accounting period. Permanent accounts do not have closing entries. For Permanent accounts, the balance of the previous accounting period is carried over to the next accounting period. An example of permanent account is retained earnings.
Temporary accounts are accounts that are closed at the end of each accounting period. Thus, they have closing entries. The reason for this is to prevent their balances from being mixed up with balances of the next period. Examples of temporary accounts are revenue and expense account.
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Wallis company produces circuit boards in a foreign country that imposes a 15 percent vat. This year, wallis manufactured 8. 3 million boards at a $5 material cost per unit. Wallis’s labor and overhead added $1 to the cost per unit. Wallis sold the boards to various customers for $7. 50 per unit for a net profit of $1. 50 per unit
Wallis company owes a VAT of $9,337,500
The given question is about finding out VAT.
Wallis Company had manufactured 8. 3 million boards.
Therefore,
The quantity sold = 8.3 million = 8,300,000
The labor and overhead added $1 to the cost per unit. Whereas the net profit is $7. 50 per unit for a net profit of $1. 50 per unit.
Total Sales Value= Sales Quantity x Selling price per unit
= 8,300,000 x 7.50
= 62,250,000
Finding out the amount of VAT ( Being the Vat% imposed as 15%)
VAT amount = Sales value x VAT Rate
= 62,250,000 x 15%
= 62,250,000 x 15/100
= 62,2500 x 15
= 9,337,500
Wallis company owes a VAT of $9,337,500
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The balanced scorecard provides top managers with a ________ view of the business.
It provides specific and complex view of business.
Complex View: A view primarily based on multiple tables, which incorporate GROUP BY clause and functions. Inline View: A view primarily based on a subquery in FROM Clause, that subquery creates a transient desk and simplifies the complex query. Materialized View: A view that stores the definition as properly as data.
Why is complexity essential in business?By streamlining their organizations they make better, quicker decisions, exert tighter manipulate on costs, and can rapidly limit useless headcount. Managing system complexity helps companies see the place they are overspending and lets in them to track overall performance greater effectively.
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https://brainly.com/question/1958071#SPJ4When studying changes in the economy over time, economists want a measure of the total quantity of goods and services the economy is producing that is not affected by changes in the prices of those goods and services. In other words, economists want to study.
Economists want a measure of the total amount of goods and services the economy is generating that is unaffected by changes in the prices of those goods and services when researching economic developments through time. In other words, economists are interested in researching Real Gross Domestic Product(GDP).
Real gross domestic product (real GDP), often referred to as constant-price GDP, inflation-corrected GDP, or constant dollar GDP, is a term for a measure of an economy's output adjusted for inflation (expressed in base-year prices). Real GDP measures the value of the goods and services produced by an economy over a specific time period while taking inflation into account.
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Synergy will ______ the sales of existing products.
a. increase
b. reduce
c. not affect
Synergy will increase the sales of existing products.
Synergy is the concept that the value and performance of two companies combined will be greater than the sum of the separate individual parts.
If two companies can merge to create greater efficiency, the result is what is referred to as a synergy merge.
Therefore, synergy increases the sales of existing products.
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Consumers known as ________ believe that the personality traits of brands are malleable, and they tend to accept brand extensions.
'Consumers known as incremental theorists believe that the personality traits of brands are malleable, and they tend to accept brand extensions.
Incremental theorists who focus on behavioral factors (e.g., effort, problem-solving strategies) as causes of negative performance outcomes are more likely to act on these mediators. They work harder, come up with better strategies, and keep working.
Those who believe that intelligence is fixed (such as entity incremental theorists) tend to think that intelligence is based in biology and is a ubiquitous part of an individual's personality. Conversely, those who believe that intelligence is malleable (that is, progressive theorists) tend to reject essentialist assumptions.
Gradualism was coined in the 1950s by the American political scientist Charles E. Lindblom responded to the then popular notion of policymaking as a process of rational analysis leading to value-maximizing decisions.
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What would the total cost per unit be for us to engage in foreign direct investment dr tasty?
Answer:$2.97
Explanation:
don’t know just got it right
A domestic firm may decide to contract for the production of its goods by an established foreign manufacturer. such private-label manufacturing by a foreign company is called:_________
A domestic firm may decide to contract for the production of its goods by an established foreign manufacturer. such private-label manufacturing by a foreign company is called Contract manufacturing .
Contract manufacturerA manufacturer who enters into a contract with a company for components or goods is known as a contract manufacturer (CM) (in which case it is a turnkey supplier). A sort of outsourcing, it is. A contract packager, sometimes known as a copacker, is a manufacturer who performs packaging activities under contract. Brand-name businesses prioritize product invention, design, and sales while independent manufacturers handle the production (the turnkey suppliers).
The majority of turnkey suppliers focus solely on producing tangible goods, although some can also manage a sizeable portion of the design and customisation process if necessary.
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Both the causal-comparative and experimental research methods are similar in that they:________
The experimental and causal-comparative approaches are comparable in that they both: a categorical variable at a minimum A categorical variable in statistics is a variable with a finite, typically set range of potential values that designates
each individual or other unit of observation to a specific group or nominal category based on some qualitative attribute.What is an example of a categorical variable?Categorical variables represent different sorts of data that may be categorized. Race, age, and educational level are a few examples of categorical variables.To Learn more about categorical variable, click the links.
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In general terms, how would a change in investment opportunities affect the payout ratio under the residual payment policy?
Companies with residual dividend policies priorities paying capital expenditures out of earnings.
What is payout ratio?The payout ratio, which is calculated as a percentage of the firm's total earnings, demonstrates the part of earnings that a company distributes to its shareholders in the form of dividends. By dividing the total dividends given out by the net income made, the computation is arrived at.
For dividend investors, the dividend payout ratio is a crucial indicator. It demonstrates how much of a company's earnings are distributed to investors. The higher that number, the less cash a corporation has left over to fund dividend growth and corporate expansion.
Companies with residual dividend policies priorities paying capital expenditures out of earnings. Any unused revenues are then used to pay dividends. Long-term debt and equity are often both parts of a company's capital structure.
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Suppose that tim is unable to buy the posters separately, but can buy the bundle of all five posters for a total price of $500. what is his consumer surplus?
The consumer surplus is 4 posters, i.e. $400.
What is consumer surplus?The difference between the social valuation of a product and the price that was actually paid is known as the consumers' surplus, which is a measure of consumer welfare. It can be calculated using the size of a triangle that is above the reported price and below a demand curve.
A customer's excess benefit is measured economically by what is known as consumer surplus, or buyer's surplus. The equilibrium price, commonly referred to as the price at which consumers are willing to pay for a good, is used to calculate it.
Because customers would be prepared to pay the market price even at the lowest utility, the law of declining marginal utility states that a good's overall utility surpasses its total market value; any excess utility is referred to as consumer surplus.
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Rules and regulations enacted by various federal agencies are important to real estate because?
Rules and regulations enacted by various federal agent are crucial to real estate because. A. they are laws passed by Congress.
Why is ruling the most important source of law?The ruling is a powerful source of law. In principle, it ties the whole society. Courts are institutions that use the law on daily basis. Judges and magistrates, like all lawyers, consult legislation and governments of common law and custom using the particular case before them.
Legislation is useful in delivering a framework for governmental action in fields that are either completely new or that were not considered by the standard law to be within the province of governmental action.
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2.1 Answer questions on the business opportunity and related factors Develop a research instrument that can be used to assess customers' buying behaviour for any product of your choice.
Consumer market research employs two research methods: Qualitative and Quantitative.
1. Qualitative Consumer Research
Focus Groups: As the name implies, focus groups are small groups of highly validated subject experts who gather to analyze a product or service.
One-on-one Interview is a more conversational method in which the researcher asks open-ended questions to the respondents in order to collect data.
Text analysis is a qualitative research method in which researchers analyze social life by decoding words and images from available documents.
2.Quantitative consumer research is all about statistics and numbers. A savvy consumer who makes frequent purchases can attest to how consumer-centric businesses have evolved in recent years.
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Is the process of collecting information about forces in the marketing environment.
Environmental Scanning is the process of collecting information about forces in the marketing environment.
What are market forces?
Market forces are the elements that affect an industry, market, or the overall economy. Supply and demand are the two fundamental factors that influence markets. Prices rise when supply is low and demand is high, whereas prices fall when supply is low and demand is high.
Free markets are guided by market forces, which also set prices for goods and services. As a shareholder, it's possible that you've seen references to market forces and how they impact the stock of a certain firm or the general financial markets.
The "invisible hand" theory, made famous by economist Adam Smith, is a definition of market forces that holds that without government interference, effective markets will naturally strike a balance between supply and demand.
Thus, market forces are to be controlled properly in order to keep the markets running properly.
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Complete Question
_____________is the process of collecting information about forces in the marketing environment
To pursue goals such as social justice, social work research must inform direct practice, as well as influence and inform policy practice. this requires social workers to?
Conduct research that will influence policy makers and the general public to make changes in policy.
Social Workers
A social worker is someone who dedicates their career to enhancing the quality of life for people, families, and communities through counseling, advocacy, and reporting. Social workers may offer direct counseling to families and communities, speak up for them before community groups or other health care providers, or aid clients in navigating the legal system by testifying in court or offering support as necessary. In other words, social workers are dedicated to assisting people in improving their lives. Finding your specialty in the field of social work is as easy as identifying your areas of interest because there are numerous career routes available. You could, to name a few, work with children and families, communities, in health care settings, or rehabilitation facilities.
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If politicians continue to avoid debating the projected increases in these three entitlement programs, the fiscal imbalance will ______.
If politicians continue to avoid debating the projected increases in these three entitlement programs, the fiscal imbalance will In addition to other factors, the budget deficit is caused by Social Security and income taxes.
Benefits from Social Security and discretionary spending by the federal government both contributed to reducing the fiscal imbalance.
What is Fiscal imbalance?
When future debt commitments and income sources for a government are out of balance, there is a fiscal imbalance.The two types of fiscal imbalance that might affect a government's spending and revenue are vertical and horizontal.When revenues and expenditures for various levels of government are out of balance, this is known as a vertical fiscal imbalance.When revenues for various regions of the country do not equal expenditures, there is a horizontal fiscal imbalance.When revenues and expenditures for various levels of government are out of balance, this is known as a vertical fiscal imbalance.When revenues for various regions of the country do not equal expenditures, there is a horizontal fiscal imbalance.To know more about Fiscal imbalance visit:
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Cash and other assets that are expected to be converted to cash or sold or used up within one year or less through the normal operations of the business are called ______.
Cash and other assets that are expected to be converted to cash or sold or used up within one year or less through the normal operations of the business are called current assets.
What are the current assets?
Current assets refers to the cash and other assets that are expected to be converted to cash within a year.
Current assets are any assets that can reasonably be expected to be converted into cash within one year. It may include cash, cash equivalents, accounts receivable, stock inventory, marketable securities, pre-paid liabilities etc.
Basically, current assets have short-term nature and can be transformed into cash form within a span of a year or less.
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If a negative externality results from the refining of oil, the cost of production as seen by the oil refinery:_____.
If a negative externality result from the refining of oil, The cost of production as seen by the oil refinery does not include the external cost.
What is the cost of production?The total costs incurred by a business to deliver a service or produce a specific number of goods or services are referred to as the cost of production. Costs for labor, raw materials, and consumable supplies could all be accounted for in the production budget. The term "cost of production" in economics refers to the price paid to acquire the production factors—such as labor, land, and capital—necessary for the manufacture of an item. A motor vehicle tire, for instance, may include production costs that cover the cost of rubber, labor to make the product, and numerous manufacturing supplies. The material costs of providing the service and the labor expenses paid to staff tasked with doing so may be included in the service sector's production costs.
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