All categories

2 years ago

What is the logic behind co-locating purchasing personnel with internal customers?

1 answer:

6 0

There are certain advantages that the organization can understand from co-locating <span>purchasing personnel with internal customers</span>. The primary huge advantage is low expenses of task. In addition, the organization will give enhanced administrations to the organization since the organization will distribute to each customer a faculty in charge of giving them the administrations they require. This additionally has an arrangement of getting a great administration by the clients since they get customized treatments. The most noteworthy advantage related with this is the organization will improve its reputation and draw in various customers.

You might be interested in

Creating value within business units can happen when a firm tries to find and acquire either poorly performing firms with unreal

Strike441 [17]

Answer:

Parenting.

Explanation:

The complexity of transitional business conditions creates a necessity for creating value through aggregation of various businesses in complex corporate enterprise, which provides it the character of a multi-business firm. Businesses may be defined as being regardless of the enterprise chooses to work as organizationally separate profit-responsible units. this can be primary done to create a fit between ways the business creation is been done.

6 0

2 years ago

An insurer sells a very large number of policies to people with the following loss distribution: $100,000 with probability 0.005

kogti [31]

Answer:

a) $2000

b) $1,886.7925

C) $2,036.7925

Explanation:

First, the question states to determine the expected claim cost per policy

Expected Claim Cost represents the fund required to be paid by an insurer for a particular contract or a group of contracts as the case maybe. This is usually based on the policy taken.

A) Expected Claim Cost per policy

= (Policy Loss Value A x its probability) + (Policy Loss Value B x its probability) + (Policy Loss Value C x its probability)+(Policy Loss Value D x its probability)+ (Policy Loss Value E x its probability)

= ( (100000 x 0.005 )+ (60000 x 0.010) + (20000 x 0.02) + (10000 x 0.05) + 0 = $2000

Part B: discounted expected claim cost per policy

Since, the sum of $2000 is expected to be paid by the insurer by the end of the year, the interest to be earned based on the rate (discounting used)

=$2,000 ÷ (1 + 0.06)

= $1,886.7925

Part C:: Determine the Fair Premium

Fair Premium is calculated as follows

The discounted policy claim cost + the Processing Cost per application + The fair profit loading

= $1,886.7925+ $100+50 = $2,036.7925

3 0

3 years ago

Oscar pistorius sport personalites , descrition of the situation he faced that were negetively exploited by the media

Sav [38]

Oscar Pistorius, the sports personality, faced a situation of a murder case that negatively exploited by the media. Oscar Pistorius is a South African sprint runner who competed in Paralympic events. He was convicted as a murderer for the murder case of his girlfriend, Reeva. There were many frenzied media that distract the trial process.

7 0

3 years ago

Cuales son las necesidades en el mercado en el año actual ?

muminat

Answer:

what

Explanation:

7 0

3 years ago

You have just inherited $560,000. You plan to save this money and continue to live off the money that you are earning in your cu

suter [353]

Answer:

10.64 years

Explanation:

To find the number of years , use this formula :

FV / PV = (1 + r) ^n

FV = Future value = $1 million

P = Present value = $560,000.

R = interest rate = 5.6%

N = number of years

$1,000,000 / $560,000 = (1.056)^n

1.785714 = (1.056)^n

Find the In of both sides

n = 10.64 years

6 0

3 years ago