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Vika [28.1K]
2 years ago
5

A major factor that makes it more desirable for business organizations to actively manage their supply chains is:_________

Business
1 answer:
valkas [14]2 years ago
5 0

A major factor that makes it more desirable for business organizations to actively manage their supply chains is increasing <u>globalization</u>.  

<h3>What do you mean by Globalization?</h3>

Globalization is the accepted by society that on many occasions we do not stop to think about their consequences.

Globalization is often identified as a dynamic process produced mainly by society, that impact the information revolution, reaching a considerable level of liberalization and democratization in its political culture.

It enhance the growing communication and interdependence between the different countries of the world uniting their markets, social and cultural matters.

In order to manage the supply chain, organization needs to improve production process, make a good relationship with their suppliers and enhance inventory management etc.

From this, the supply chain managers can effectively reduce the future costs that automatically increase the profits of firm.

Learn more about Globalization, refer to the link:

brainly.com/question/15283031

#SPJ4

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if i open a contract near market closing then close the contract next day does that count as day trade
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No. Day trading refers to trading positions that are opened and closed the same day.
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3 years ago
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Richard Beck has a life insurance policy which he has modified to include an accidental death benefit payable to his son and dau
Ksju [112]

Answer:

The correct answer is number (1): double indemnity provision.

Explanation:

A double indemnity provision is added in life insurance to double the amount the beneficiaries of the policyholder receive in front of his or her death in an accident. Double indemnity provision does not cover events in which the policyholder dies because of natural reasons or when those individuals had hazardous jobs. Premiums are higher with a double indemnity provision.

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3 years ago
By comparing subsidiary accounts to schedules of accounts payable, an
Stolb23 [73]

A comparison of the subsidiary accounts to the schedules of accounts payable will help the accountant to <u>A. prove the accounts payable accounts at the end of a period.</u>

<h3>What is a Subsidiary Account?</h3>

A subsidiary account tracks the information of certain transactions in detail. Some of the most important subsidiary accounts include accounts receivable and accounts payable.

Thus, by comparing the subsidiary accounts to the schedules of accounts payable, an accountant proves the existence and completeness of the accounts payable balance at the end of a period.

Learn more about subsidiary accounts here: brainly.com/question/4656883

6 0
3 years ago
LanWan Software earned net sales revenue of $62,000,000 in 2016. Cost of goods sold was $41,540,000​, and net income reached $9,
blagie [28]

Answer:

33%

Explanation:

Given that,

Net sales revenue = $62,000,000

Cost of goods sold = $41,540,000

Net income reached the​ company's highest ever = $9,000,000

Gross profit:

= Net sales revenue - Cost of goods sold

= $62,000,000 - $41,540,000

= $20,460,000

Therefore, the gross profit percentage is calculated by dividing the gross profit by the net sales.

Gross profit percentage for 2016:

= (Gross profit ÷ Net sales) × 100

= ($20,460,000 ÷ $62,000,000) × 100

= 0.33 × 100

= 33%

4 0
3 years ago
Campbell Construction Company expects to build three new homes during a specific accounting period. The estimated direct materia
Alina [70]

Answer:

The driver for employees fringe benefits is direct labor costs whereas the driver for indirect material costs is direct material costs

The total cost of each home is as follows:

Home 1 $188140

Home 2 $268860

Home 3 $408910

Explanation

Find the breakdown of the costs in the attached excel file.

Download xlsx
6 0
3 years ago
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