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Afina-wow [57]
1 year ago
6

is seeking a new supplier for the wool it uses to line its jackets. the company has just invited three different wool suppliers

to bid for its business. the company is most likely in the stage of the business buying process. clara leather company is seeking a new supplier for the wool it uses to line its jackets. the company has just invited three different wool suppliers to bid for its business. the company is most likely in the stage of the business buying process. supply side product specification general need description problem recognition proposal solicitation
Business
1 answer:
nikitadnepr [17]1 year ago
5 0

Based on the story above, the stage of business buying process is (C) general need description. It is because in the story above, the company only seeking a new supplier for the wool and tell about company's need.

In economics and business, Business buying process generally can be defined as the process where business buyers determine which services and also products are needed to purchase. In the steps of business buying process, the company will find the suppliers to buys the materials, and then evaluate, and choose among alternative brands.

There are several steps of business buying process, such as Awareness and Recognition, Specification and Research, Request for Proposals, Evaluation of Proposals, and also Order and Review Process.

Here you can learn more about Business buying process brainly.com/question/12496760

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Draw the supply/demand curve. The line is above market equilibrium....the question literally states that the price rises, and since the supply curve has a positive slope (assuming unit elasticity), the supply will increase. Meanwhile, the demand curve has a negative slope (still assuming unit elasticity), so the demand for it will decrease. This will result in a surplus, aka, an excess supply.
7 0
3 years ago
On January ​3, Halsall Corporation purchased 1,800 shares of the​ company's ​$1 par value common stock as treasury​ stock, payin
Salsk061 [2.6K]

Answer:

The journal entries alongwith its explanation are as under:

Explanation:

Journal entry at Jan 3, to record purchase of treasury stock would include the recording of treasury stock at the price paid to the shareholders for purchase of the stock, the journal entry is as under:

Dr Treasury Stock (1800 share*$8 per share) $14,400

Cr Cash                                                                      $14,400  

 

Journal entry at Jan 30, of selling treasury stock would include the elimination of the treasury stock at the amount purchased and the remainder will will be the Paid-In Capital, the journal entry is as under:

Dr Cash (1200*9)                 $10,800

Cr Treasury stock (1200*8) $9,600

Cr Paid in capital from sale of treasury stock $1,200

4 0
3 years ago
A retail outlet has received complaints from customers that checking prices, finding out about stock, and checking out takes too
Scilla [17]
Hello
the answer is b
have a nice day
3 0
3 years ago
Read 2 more answers
The Weston Corporation is analyzing projects A, B, and C as possible investment opportunities. Each of these projects has a usef
melamori03 [73]

Answer:

D

Explanation:

8 0
3 years ago
Unlike a general partnership, in a limited partnership
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In a limited partnership:

The inactive partner has limited liability for the business's debts

Explanation:

In a general partnership all partners share equal financial responsibility for the firm's decisions.

This means that all partners are supposed to have equal liabilities but hat is not the case for limited ones.

In limited partnerships there is a general partner who owns most of the business and has most of the availability and the limited partner has pooled resources for the business but has very little personal responsibility to it.

This model is usually there when the firm needs some investors and the person running business is usually the owner only.

7 0
3 years ago
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