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1 year ago

what is the supplier relationship like when the vendor is viewed as an partner? (select all the items that apply.)

1 answer:

4 0

The supplier relationship like when the vendor is viewed as an partner is openness and sharing of strategic and tactical information readily occurs.

A partner becomes an extension of your company, as opposed to a vendor who only supplies a given item or service. A corporation may have a limited number of IT, staff employees, with expertise in particular technological areas and little time to devote to enhancing the internal team members' skill sets.

To specify each business partner's obligations and rights in a commercial transaction, use partner functions. When you make a master record for a business partner, you may attach partner functions to that record.

The given question is incomplete, the complete question is:

What is the supplier relationship like when the vendor is viewed as an partner?

One or few number of suppliers

Price is moderately important but flexibility is very important

Openness and sharing of strategic and tactical information readily occurs.

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J. Morgan and M. Halsted are partners who share income and loss in a 3:1 ratio. After several unprofitable periods, the two part

Elina [12.6K]

Answer:

cash 110,000 debit

land 100,000 credit

gain at disposal 10,000 credit

--to reocrd teh sale of land--

accounts payable 80,000 debit

cash 80,000 credit

--to record the payment of liabilities--

gain at disposal 10,000 debit

Morgan 7,500 credit

Halsted 2,500 credit

--to distribute the gain from sale--

Morgan 22,500

Haslted 7,500

Cash 30,000

--to liquidate the partnership--

Explanation:

ratio 3:1 (3+1=4)

Morgan 15000 share of 3/4 = 75%

Halsted 5000 share of 1/4 = 25%

there is gain of 10,000 in the sale distribute as follow

Morgan 10,000 x 75% = 7,500

Halsted 10,000 x 75% = 2,500

Now we close the account against cash

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3 years ago

Which of the following is a capital budgeting technique that converts a project's cash flows using a more consistent reinvestmen

yulyashka [42]

Answer:

c. modified internal rate of return

Explanation:

Modified internal rate of return ( MIRR ) -

The modified internal rate of return is used in order to rank the projects or the investment that are of unequal size.

The assumption involved is that the positive flow of cash are again invested to the firm and the initial outlays are financed during the firm's financing cost , is referred to as the MIRR.

MIRR is very accurate in comparison to the traditional internal rate of return (IRR) and gives the profit and cost of the project with more accuracy.

Hence , from the given information of the question,

The correct option is c. modified internal rate of return .

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3 years ago

In the global economy, organizations often must ________ their products to the language, customs, and culture of many different

valentinak56 [21]

In the global economy, organizations often must localize their products to the language, customs, and culture of many different countries.

An economy is the area of production, distribution, trade and consumption of goods and services. It is generally defined as a social domain emphasizing practices, discourses, and material expressions related to the production, use, and management of scarce resources.

A nation's economy is the wealth it derives from business and industry. The Japanese economy grew by more than 10% every year. 3. Uncountable nouns. Economics is about using the minimum amount of money, time, or other resources necessary to accomplish something and wasting nothing.

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2 years ago

Construction contracts often include a provision awarding damages to the buyer at "X" amount of dollars per day for each day the

jekas [21]

Construction contracts often include a provision awarding damages to the buyer at "X" amount of dollars per day for each day the builder is late in completing the work. The parties to the contract agree on this amount in advance because they know the buyer will incur added costs, or will lose profits, because of the delay. If the amount fixed for the damages is unreasonably high, the court will consider it a <u>Penalty</u> and will not enforce it.

Explanation:

<u>"Construction Contract" can be defined as a combination of various individual documents which focuses on the different aspect of the project, or it can also be a multi-page document which contains various sections that offers details on different aspects of the agreement.</u>

<u />

A construction contract includes

Name of contractor and contact information.
Name of homeowner and contact information.
It describes property in legal terms.
The various list of attachments of the contract.
The cost involved
Description of the work and its completion date.
Right to stop the project.

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3 years ago

Engineers and capital equipment manufacturing managers who have been recently laid off because companies are not buying new capi

BARSIC [14]

The fact that the engineers and capital equipment managers have been laid off because of the economic downturn will increase<u> cyclical unemployment. </u>

<h3>What is cyclical unemployment?</h3>

This is a type of unemployment that happens when there is a loss of productivity in the economy.

The loss of jobs by these engineers and managers will therefore lead to more cyclical unemployment.

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2 years ago

Read 2 more answers