Answer:
supplier development.
Explanation:
A degree of aggressive procurement involvement not normally encountered in supplier selection refers to supplier development.
Supplier development is a business strategy and it involves the process of working one-to-one basis or closely with certain suppliers in order to improve and boost their performance for the benefit of growing and developing an organization.
It is a concept that is also similar to reverse marketing in business management. It is a strategic business plan which is aimed at improving the quality and performance of suppliers by availing them resources they need to achieve success and have competitive advantage in the supply chain.
For instance, a buying organization might decide to implore suppliers to enter an emerging market.
Also, another example of the supplier development is, in order to prevent the wide-spread of Corona virus, CDC is ensuring its suppliers of ppe (personal protective equipment) are continuously supplying face masks.
The right answer for the question that is being asked and shown above is that: "The intersection of P1 and Q1." The part of the graph that represents an equilibrium price for designer jeans is that <span>The intersection of P1 and Q1</span>
Answer:
The Journal entries are as follows:
(a) On March 1,
Petty cash A/c Dr. $1,000
To cash $1,000
(To record petty cash fund)
(b) On April 1,
Repairs Expense A/c Dr. $600
Miscellaneous Selling Expense A/c Dr. $56
To Cash Short and Over $29
To cash $685
(To record cash short and over account.)
Notes:
Cash Short and Over = 1000 - (600 + 56 + 315)
= $29
(Echo Echo Echo) (Charlie Charlie Charlie) (Operation bright star) (red party) (Bravo Bravo Bravo)
Answer:
c. $550,000
Explanation:
The total cost of opening the new branch and remaining open for one year will be inclusive of the fixed cost which is the cost of opening the new branch and the cost of providing services in a year. This is a variable expense as the total cost depends on the number of customers served during the year.
Hence the total cost of opening the new branch and remaining open for one year will be
= $500,000 + $50 * 1,000
= $550,000