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Luba_88 [7]
3 years ago
6

Rene is the manager at an event and catering company. He has just received a request for proposal (RFP) for managing the City Ar

ts Festival. The organization that managed the event and all event volunteers in past years has raised its rates considerably and the city can no longer afford to hire them. Rene would like to submit a proposal to manage the City Arts Festival. The proposal will be quite lengthy because the event draws over 200,000 people, spans three days, and has a large budget. Which type of proposal should Rene submit in this situation
Business
1 answer:
Alika [10]3 years ago
4 0

Answer:

The correct answer to the following question will be "Formal proposal".

Explanation:

  • Usually, formal proposals become prepared for bigger projects, here as in the case the expenditure demand is high, there is a huge amount of participants as well as the plan will be extensive, so formal proposals have become an easy option because informal proposals are made for projects too.
  • Grant applications should never be posted here since they are usually sent to a grant seeking agency or entity. That is just not Rene 's goal in this.

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Hope Springs makes the bottles of water, puts them into storage, and fills orders as they come in from inventory. This is an exa
svlad2 [7]

The type of  supply-chain strategy uses by Hope Spring to fills orders as they come in from inventory is called the pull supply-chain strategy.

The pull supply strategy is a manufacturing strategy that is influenced by consumer's demand because the demand are used to decide the level of procurement, production and distribution of product.

This strategy is very effective to prevent against wastage or over-production since the level of demand for the product determine the level of producing such product.

Therefore, in conclusion, the example of this is known as Pull supply-chain strategy.

Learn more about this here

<em>brainly.com/question/17830486</em>

3 0
3 years ago
Lisa Frees and Amelia Ellinger had been operating a catering business for several years. In March 2014, the partners were planni
Marat540 [252]

Answer:

Explanation:

Account Name                            Debit                                                   Credit

Cash                                              $160,000

Accounts Receivable                      $2,000

Equipment                                     $ 18,300

Supplies                                         $1,200

Contributed Capital                                                                               $181,500

a. Received $80,000 cash from each of the two shareholders to form the corporation, in addition to $2,000 in accounts receivable, $5,300 in equipment, a van (equipment) appraised at a fair market value  of $13,000 and $1,200 in supplies.

b. Purchased a vacant store for sale in a good location for $360,000, making a $72,000 cash down payment and signing a 10-year mortgage from a local bank for the rest

Account Name                         Debit                                                    Credit

Building                              $360,000

Cash                                                                                                $ 72,000

 Notes Payable                                                                                $288,000

c. Borrowed $50,000 from the local bank on a 10%, one year note.

Account Name                        Debit                                                  Credit

Cash                                     $50,000

Notes Payable                                                                                  $50,000

d) Purchased and used food and paper supplies costing 10,830 in March; paid cash.

Purchase of Supplies:

Account Name                          Debit                                                Credit

Supplies                                 $10,830

Cash                                                                                                 $10,830

Account Name                         Debit                                                   Credit

Supplies Expense                 $10,830

 Supplies                                                                                              $10,830

e) Catered four parties in March for $4,200; $1,600 was billed and the rest was received in cash.

Account Name                         Debit                                                    Credit

Cash                                         $2,600

Accounts Receivable            $1,600

 Catering Revenue                                                                               $4,200

f. Made and sold food at the retail store for $11,900 cash. (assume the cost of these sales was already recorded as part of transaction d.)

Account Name                              Debit                                               Credit

Cash                                               $11,900

Food Sales Revenue                                                                          $11,900

g. Received a telephone bill for March to be paid in April.

Account Name                                 Debit                                               Credit

Telephone Expense                      $420

Telephone Payable                                                                               $420

h. Paid $363 in gas for the van in March

Account Name                             Debit                                           Credit

Gas Expense                               $363

Cash                                                                                                 $363

i. Paid $6,280 in wages to employees who worked in March.

Account Name                          Debit                                                  Credit

Wages Expense                       $6,280

Cash                                                                                                    $6,280

j. Paid a $300 dividend from the corporation to EACH owner

Account Name                                   Debit                                         Credit

Retained Earnings                              $600

Cash                                                                                                      $600

k. Purchased $50,000 of equipment (refrigerated display cases, cabinets, tables, and chairs) and renovated and decorated the new store for $20,000 (added to the cost of the building); paid cash.

Account Name                       Debit                                                     Credit

Equipment                            $50,000

Building                                 $20,000

Cash                                                                                                     $70,000

2)

a  Cash flow from FINANCING ACTIVITIES

b   Cash flow from INVESTING ACTIVITIES ($72,000) and Non-Cash Investing and Financing Activity ($288,000).

c   Cash flow from FINANCING ACTIVITIES.

d   Non-Cash OPERATING ACTIVITIES.

e   Cash flow from OPERATING ACTIVITIES ($2,600); Non-Cash Operating Activity ($1,600).

f   Cash flow from OPERATING ACTIVITIES

g   Non-Cash OPERATING ACTIVITIES.

h  Cash flow from OPERATING ACTIVITIES.

i   Cash flow from OPERATING ACTIVITIES.

j   Cash flow from FINANCING ACTIVITIES.

k  Cash flow from INVESTING ACTIVITIES

5 0
3 years ago
Why does the U.S government issue savings bonds?​
Likurg_2 [28]

Answer:

Explanation:

United States savings bonds are debt securities issued by the United States Department of the Treasury to help pay for the U.S. government's borrowing needs. U.S. savings bonds are considered one of the safest investments because they are backed by the full faith and credit of the United States government.

4 0
3 years ago
Toro decided to augment its traditional hardware retail distribution channel by also selling through mass merchandisers such as
lbvjy [14]

Answer: The correct answer is "e. customer".

Explanation: This is an example of a firm failing to consider customer effects when setting its final list or quoted price.

This happens because customers prefer to buy these products at Walmart and Target rather than at traditional sales points.

7 0
3 years ago
In strict liability, if a company sells a beverage in a can that has sharp edges and injures several consumers, it will be held
tiny-mole [99]
False because if it paid someone to make them then the people who made them at least knew about it. but no they are liable whether or not they knew of the problem. this is why things are recalled Is bc they found out about it.
3 0
3 years ago
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