Answer:
A. supply-chain management
Explanation: Supply chain management is the term used to describe the processes involved the handling of the flow of raw materials, finished goods, equipments and other supplies in order to ensure that materials are made available to the user at the right time right location and at the right quantity and Quality.
Supply chain management integrates both the operations, logistics, Marketing, supply management in order to efficiently manage or handle the flow of materials.
A. Record journal entries
Answer:
False
Explanation:
§ 351 establishes that businesses shall not recognize any capital gain or loss from property transferred to them in exchange of stocks or partnership share. So the businesses have to record this type of transactions at their fair market value and not their tax basis.
Answer:
0.4 or 40%
Explanation:
The formula for Contribution Margin Ratio is:
[TS - TVC] / TS
Where TS = Total Sales
TVC = Total Variable Cost
Applying the formula,
[5,000 - 3,000] / 5,000 = 2000/5000 = 0.4
Turning this value to a percentage, 0.4 × 100 = 40%
The interpretation of this is that for every item sold, 40% of the sales price is available to cover fixed costs.
Remember: The addition of fixed cost to variable cost = total cost
Rationalization, a strategic initiative as well as methods to first decrease static or restricted-use providers begins to enable sustainable supply baseline optimization, which is termed as Supply base optimization.
<u>Some advantages of an Optimized supply base are provided below</u>:
- Cost efficiency.
- Enhance output.
- Better Collaboration.
- Identify problem areas with ease.
- Prevention of delays.
<u>Some advantages of an Optimized supply base are provided below</u>:
- Lack of Reliability.
- Complicated.
- Co-ordination vacuum between organizations.
- Trained and personalized personnel are required.
- Cost of execution.
<u>A buyer can overcome the disadvantages by the following point</u>:
- Your Emergency Strategy is referred to.
- Creating open communication channels.
- Ensure the level of customer satisfaction.
Learn more about optimized supply base here:
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