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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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Ensuring proper collection preservation and safeguarding of federal records is the responsibility of.
Diano4ka-milaya [45]

Ensuring proper collection preservation and safeguarding of federal records is the responsibility of <u>All Air Force Personal</u>.

<h3>What is Record Management Policy?</h3>
  • All federal agencies are required under the Federal Records Act (44 U.S.C. 31) and related Code of Federal Regulations (CFRs) to keep records that detail their operations, file records for secure storage and quick retrieval, and dispose of records in accordance with agency schedules.
  • A record keeping policy is a collection of guidelines for managing the creation, receipt, storage for historical purposes, and destruction of documents and other information within an organization.
  • When it comes to safeguarding the rights and interests of the general public, holding public servants responsible for their acts, and recording the history of our country, federal records are crucial corporate assets.
  • Employees of the government are responsible for maintaining and creating Federal records as part of their duties.

There are numerous types of federal records, including but not restricted to:

  • recordings of audio and/or video
  • drawings for architecture, engineering, and other fields
  • electronic messages, such as texts, emails, and instant messages, used in computer-aided design
  • Geospatial data and maps, notes, and pictures
  • presentations
  • reports with statistics and narratives about social media content
  • web statistics

Know more about Record Management Policy brainly.com/question/14693974

#SPJ4

5 0
2 years ago
Paney Company makes calendars. Information on cost per unit is as follows: Direct materials $1.50 Direct labor 1.20 Variable ove
PilotLPTM [1.2K]

Answer:

c.$21,670

Explanation:

The computation of the break-even point in sales dollars is shown below:

Break even point = (Fixed expenses) ÷ (Profit volume Ratio)  

where,  

Contribution margin per unit = Selling price per unit - Variable expense per unit  

= $10 -$1.50 -$1.20 - $0.90 - $0.40

= $6

And, Profit volume ratio = (Contribution margin per unit) ÷ (selling price per unit) × 100

So, the Profit volume ratio = (6) ÷ (10) × 100 = 60%

And, the fixed expenses is $13,000

Now put these values to the above formula  

So, the value would equal to  

= ($13,000) ÷ (60%)  

= $21,670

8 0
3 years ago
If a driver with an insurance policy drives infrequently, it can
e-lub [12.9K]

Answer: lower cost

Explanation:

An insurance policy is a contract between an insurance company and a policyholder, which helps the policyholder to be able to make claims when there's an accident or death in case of life insurance.

In the above scenario in the question, if a driver with an insurance policy drives infrequently, it can lower costs.

Therefore, the correct option is B.

3 0
3 years ago
Read 2 more answers
In year 1 the average price of X is $10, and in year 2 the average price of X is $23. If consumers buy more units of X in year 2
xeze [42]

Answer:

D

Explanation:

Normal goods are goods that are goods whose demand increases when income increases and falls when income falls

If good X is a normal good and the consumers income increases, the demand for good X would increase

It would have been that the Law of demand not supply that didn''t hold

according to the law of supply, the higher the price, the higher the quantity supplied and the lower the price, the lower the quantity supplied.

According to the law of demand, the higher the price, the lower the quantity demanded and the lower the price, the higher the quantity demanded.

8 0
3 years ago
Companies that have become successful with a limited standard product offering often fall into the trap of subsequently broadeni
DiKsa [7]

Answer:

True

Explanation:

When a company successfully offers a product or few products to customers, it tends to expand the range of products it has to offer.

For a <u>company to increase its range of products successfully, it has to realize that it must make corresponding changes to its processes to accommodate the addition of new products.</u>

However <em>oftentimes, companies do not make the necessary changes to their process strategy when expanding their product offerings.</em>

8 0
3 years ago
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