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EastWind [94]
1 year ago
12

in which sourcing category would an item typically be classified, if it is considered to be low value, low risk, and there are l

ots of potential suppliers?
Business
1 answer:
alisha [4.7K]1 year ago
4 0

If an item is considered to be low value, low risk, and has a large number of potential suppliers, it is typically classified in the leverage sourcing category.

<h3><u>What does a category of leverage sourcing mean?</u></h3>

The term "leverage sourcing category" is used in the procurement process to describe goods that have a variety of low-risk sources of supply. In most cases, it is assumed that using leverage will result in high expenditures and possible procurement savings.

<u>What roles do the various categories of leveraged sourcing play?</u>

  • Grouping of the items to be purchased to aid in negotiations
  • Reduce costs by making use of a market that is competitive.
  • It aids in developing automatic supplier interfaces to cut down on process costs.

Learn more about the leverage sourcing category with the help of the given link:

brainly.com/question/4270172

#SPJ4

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When a business establishes a web-site and begins to allow customers to place orders online without ever coming into their store
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Answer: technological environment

Explanation:

With the scenario explained in the question, the business is responding to changes in the technological environment.

Technological environment has to do with the environment that relates to how science and technology has brought Improvement into businesses. This can be seen in the scenario explained in the question.

4 0
3 years ago
Boise Timber co. computes its break-even point strictly on the basis of cash expenditures related to fixed costs. Its total fixe
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Explanation:

Break even point simply means when the total cost and the total revenue are equal.

Firstly, we need to calculate the cash related fixed cost for Boise Timber Co. This will be:

= Total fixed cost - Depreciation

= $6,000,000 - (25% × $6,000,000)

= $6,000,000 - (0.25 × $6,000,000)

= $6,000,000 - $1,500,000

= $4,500,000

The cash break-even point will be:

= $4,500,000/$4

= 1,125,000

8 0
3 years ago
What two measures are used to describe the problems of growth and economic instability
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The two measures of instability in economic growth are high unemployment rates and inflation
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Hugo decides to buy his Christmas gifts on Black Friday. To simplify his life, he is giving his 10 closest friends scarves for C
yarga [219]

Answer:

$8

Explanation:

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Consumer surplus = willingness to pay - price

The consumer surplus of the 10th scarf :

Willingness to pay for the 10th scarf - price of the scarf

Willingness to pay for the 10th scarf =  $200 / 10 = $20

Consumer surplus = $20 - $12 = $8

I hope my answer helps you

5 0
3 years ago
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