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fomenos
2 years ago
15

If the buyer does not have a clear and unambiguous description or specification and wants to find out which supplier can deliver

the best value when and where needed, he or she will typically issue:_________
Business
1 answer:
enyata [817]2 years ago
3 0

If the buyer is trying to determine which provider would offer the best value when and where it is needed but does not have a precise and unambiguous description or specification, he or she will typically issue request for proposal (RFP)

What is Request for Proposal?

When a product or service is needed but does not yet exist, a request for proposals (RFP) is used. The proposal may involve conducting research and development to produce the requested good or service.

The RFP establishes the initial requirements for the good or service and may, to varying degrees, dictate the manner and structure of the supplier's response. Effective RFPs frequently reflect business strategy and short- and long-term goals, giving vendors in-depth knowledge from which to offer a complimentary viewpoint.

To learn more about Request for Proposal

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The following is the post-closing trial balance for the Whitlow Manufacturing Corporation as of December 31, 2015.
pishuonlain [190]

Answer:

See explanation section

Explanation:

See the images to get the answer

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3 years ago
Lata is writing a message to her boss. She has discovered a source for office supplies that carries name brands but whose prices
Triss [41]

Answer:

The correct answer is Direct order.

Explanation:

Many times a day we receive and give orders. When we entrust a specific function to our employee or subordinate, how do we do it? By giving a direct order to execute it or we use what we call delegation. Through the delegation, we entrust this employee not only to do what has been communicated to him, but also to take responsibility from start to finish, reporting once the order has been executed to whoever has given it.

7 0
3 years ago
Under _________dividend reinvestment plan, the company gives any cash dividends that investors would have received in a bank, wh
ankoles [38]

Answer:

Old Stock

Explanation:

The Dividend Reinvestment Plan is a platform where investors or shareholders in a company, reinvest the dividends they gained into more shares sold by the same company, most times without having to pay commissions.

Under the <em>Old stock dividend reinvestment plan, </em>an outside trustee, that is, a member of the board who is not an officer in the company, repurchases the company's existing shares in the stock market and then allocates the shares purchased among the stockholders. They sell the shares at market price. Most times, in order to encourage shareholders participation the company making the repurchase takes care of the commission fees.

8 0
3 years ago
Swen Inc. is a global retail chain based in New York. It expands into France and sends Gerard, an American citizen and a trusted
Soloha48 [4]

Answer:

The correct answer is D

Explanation:

Expatriate manager is the one or the workers who are migrated from their home country to the outside nations in order to earn more than the in the home country.

In this case, Company expands the operations in France where they sends Gerard who is a citizen of American. So, this is an expatriate manager as he was migrated to France.

3 0
3 years ago
The classification and normal balance of the drawing account are a.expense, debit balance b.expense, credit balance c.liability,
Elis [28]

Answer:

The answer is D. owner's equity, debit balance

Explanation:

Drawing is the money or goods taken out from business by its owner. This act is usually common in partnership or sole proprietorship.

A drawing is not an expense, rather it is a reduction in owner's equity.

To credit owner's equity means to increase its equity and to debit owner's equity means to decrease or reduce its equity.

Since, drawing is a reduction in owner's equity, we debit owner's equity making option D. the correct answer.

Option A and B are wrong because drawings are not classified as an expense.

Option C is also wrong because a drawing is never a liability.

7 0
3 years ago
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