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4 years ago

The three options for soliciting business from potential suppliers are:_______.

Business

1 answer:

Aloiza [94]4 years ago

6 0

Answer:

Option b. is correct

Explanation:

Potential Supplier refers to any person that submits a Tender with respect to response to the Invitation to Tender.

Purpose of RFI is to collect written information about the capabilities of different suppliers.

RFQ is a kind of procurement solicitation in which the outside vendors are asked by a company to offer a quote for the completion of a specific project.

The three options for soliciting business from potential suppliers are request for quotation (RFQ), request for proposal (RFP) and request or invitation for bid (RFB or IFB).

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Review how organizations interact with their external environment (as open systems and complex adaptive systems).

Mekhanik [1.2K]

Answer:

For an organization to survive, it must exchange information with it's external environment. An organization has no control over it's external environment, hence, it as to use the information of it's external environment for planning.

Explanation:

Wells Fargo, was one of the most valued bank, that operated a successful open system, before the scandal became public. However, it could not survive it's complex external environment, as the scandal had damaged the reputation of the bank, which largely affected the bank's market share.

6 0

3 years ago

The beginning inventory was 60% complete as to materials and 20% complete as to conversion costs. The ending inventory was 90% c

Romashka [77]

Answer:

$156,960

Explanation:

the number of units is missing, so I looked for similar questions to fill in the blanks:

Beginning WIP 16,000 units

Started into production 100,000 units

Completed production 92,000 units

Ending WIp 24,000 units

Equivalent units:

materials = 92,000 + (24,000 x 0.9) = 113,600 EUP

conversion costs = 92,000 + (24,000 x 0.4) = 101,600 EUP

materials cost per EUP = ($54,560 + $468,000) / 113,600 = $4.60

conversion costs per EUP = ($35,560 + $574,040) / 101,600 = $6

Ending WIP:

materials = 21,600 x $4.60 = $99,360

conversion costs = 9,600 x $6 = $57,600

total costs = $156,960

5 0

3 years ago

In cases where a medical staff member's credential's are not screened properly, the heatlhcare organization is not liable for in

12345 [234]

In cases where a medical staff member's credential's are not screened properly, the heatlhcare organization is not liable for injuries to a patient as a result of not not properly investigating?
False

7 0

3 years ago

<img src="https://tex.z-dn.net/?f=%5Cmathtt%7B%5Chuge%7B%5Cpurple%7B%5Cunderline%7B%5Cunderline%7BAnswer%20%3A%7D%7D%7D%7D%7D" i

Nady [450]

The stamp act is what happened after a war so that The british could pay off there debt

8 0

3 years ago

Suppose Specific Automakers is considering signing a long-term contract with the union representing its workers. Specific Automa

natka813 [3]

Answer: Worsen; benefits

Explanation:

Specific Automakers is signing a long term contract with the union who are the representative of workers.

Real wages should increase by = 2%

Expected inflation = 5%

Nominal wage increase = 7%

Actual inflation = 6%

Actual inflation is greater than expected inflation, so this would worsen the union and it is beneficial for the automakers because now real wage increase is only:

= Nominal wage - Actual inflation rate

= 7% - 6%

= 1%

This is an example of re-distributive cost of inflation.

8 0

4 years ago