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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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5 0
1 year ago
A company reports the following beginning inventory and purchases for the month of January. On January 26, the company sells 350
nydimaria [60]

Answer:

The costs assigned to ending inventory based on the LIFO method under periodic inventory system are:

= $450.

Explanation:

a) Data and Calculations:

On January 26, the company sells 350 units. 150 units remain in ending inventory at January 31.

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Beginning inventory on January 1      320              $ 3.00          $960

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Tota units available for sale               500                                 $1,550

Sales on January 26                          350                                  $1,100

Ending inventory at January 31          150               $3.00          $450

8 0
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