All categories

1 year ago

which stakeholder group includes a network of relationships that supply a company with the inputs it needs to operate?

1 answer:

8 0

Every business has a network of connections with other businesses that provide it with the inputs it need to run. These connections are known as suppliers and distributors.

Commonly, shareholders, employees, customers, suppliers, and, in rare cases, local communities will make direct claims on behalf of stakeholders.

The managers are mostly in charge of determining the organization's goals. Managers are those who are in control of certain divisions or departments.

What are the four different stakeholder types?

A typical corporation's investors, employees, clients, and suppliers make up its main stakeholders.

The internal stakeholders of a firm are the management, directors, and employees. To ensure that they are compensated and keep their positions, firm employees are motivated by the success of the business.

Learn more about suppliers and distributors here:

brainly.com/question/24910389

#SPJ4

You might be interested in

Specialization of labor results in the production of large quantities of a product.a. trueb. false

il63 [147K]

Answer: True

Explanation: Specialisation of labour in production is the process of classifying People who have different skills, talents, and interests into groups so they will be better at what they do.

Specialisation in certain tasks often aid workers to produce more quickly and with higher quality especially in assembly line laborers.

Specialization also allows businesses to take advantage of economies of scale, which means that for many goods, as the level of production increases, the average cost of producing each individual unit declines.

The division and specialization of labor has been a force against the problem of scarcity as more product will be produced as against when there is not specialisation in division of labour.

6 0

3 years ago

A company that uses the perpetual inventory system purchased 500 pallets of industrial soap for 10,000 and paid 750 for the frei

prisoha [69]

Answer:

The correct option is A:

cost of goods sold 10,750

merchandise inventory 10,750

Explanation:

When goods are bought for resale,the total cost of the goods bought is usually the invoice price paid as well as the cost of bringing in the goods i.e freight,hence the cost of the goods sold here is the invoice price of $10,000 plus the freight of $750,giving total cost of $10,750

When the goods are sold,merchandise inventory would be credited with $10,750 while cost of goods sold is debited with same amount.

The correct option is first one with cost of goods sold debited with $10.750 and merchandise inventory credited for $10,750

4 0

3 years ago

Suppose you have $850 and plan to purchase a 5-year certificate of deposit (CD) that pays 3.5% interest, compounded annually. Ho

olganol [36]

Answer:

FV= $772

Explanation:

Giving the following information:

Initial investment (PV)= $850

Interest rate (i)= 3.5% = 0.035

Number of periods (n)= 5 years

<u>To calculate the future value (FV), we need to use the following formula:</u>

FV= PV*(1+i)^n

FV= 650*(1.035^5)

FV= $772

8 0

3 years ago

The following three independent sets of facts relate to contingent liabilities: 1. In November of the current year an automobile

aalyn [17]

Answer:

Situation 1 is a probably contingency. This recall is occurring and can be estimated as costing $2 million. This amount should be charge to the warranties payable and warranties expense accounts.

Date

Particulars

Ref.no

Debit $

Credit $

Warrantee expenses

20,00,000

Warranty payable account

20,00,000

[To record the estimated claims]

Comment

Step 3 of 3

Situation 2 is a reasonable contingency. The costs are possible and there are rough estimates for cleanup but there are also rough estimates about reimbursements for property damage. This situation would be disclosed on the balance sheet.

Situation 3 is a remote contingency. There is a small change that there could be property damage but there is no way to determine how much or what the costs could be. There is no amount marked down for this situation

Explanation:

5 0

3 years ago

A monopolistically competitive firm chooses

makvit [3.9K]

Answer:

D. both the quantity of output to produce and the price at which it will sell its output.

Explanation:

A monpolistically competitive firm chooses the price and the quantity to produce. This decision is guided by market conditions and the goal to maximise profit.

A monopolistic competitive firm has a downward sloping demand curve just like a monopoly, so the monpolistically competitive firm chooses the quantity that maximises its profit and then chooses price.

A downward sloping demand curve indicates that quantity demanded is sensitive to price. The higher the price, the lower the quantity demanded.

A monpolistically competitive firm is a firm that has features of both a monopoly and a competitive firm.

The ability of a monpolistically competitive firm to set prices makes it a price maker.

Just like a monopoly, a monopolistically competitive firm has the following features:

1. It faces of downward sloping demand curve.

2. It sets the price for its products.

Just like a perfect competition, a monopolistically competitive firm has the following features:

1. No barriers to entry or exit.

2. There are many buyers and sellers

Other features of a monpolistically competitive firm are:

1. Firms sell differentiated products

2. Firms engage in non price competition.

6 0

3 years ago