Honesty and working hard.
Answer: Statement A
Explanation: Direct cost are those costs which are variable in nature and can be allocated to the total units of output produced, these are easily traceable. Examples - direct material, direct labor and piece rate wages etc.
Indirect costs are those cost which cannot be allocated to the number of units produced on individual basis unlike direct cost these costs can be either fixed or variable in nature. Examples - rent expenses, administrative expenses.
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From the above explanation we can conclude that statement A is correct.
Answer:
Vendor analysis
Explanation:
Organizational Buying Process
This is simply refered to as the decision making process where organizations state the need for purchased products and services and thereafter identify or evaluate to choose among them. There are 3 influences purchase type. They includes: structural and behavioral.
Vendor analysis in organizations buying influence is simply known as the behavioral needs of the buyer.
ethical conflicts may sometimes arise in buyer-supplier relationships. This can help the buying organization to manage spending
Vendor Analysis
This is simply refered to as a formal rating of suppliers on all important areas of performance.
The usual goal of a vendor analysis is to lower the total costs of a purchase.
The steps in Organizational buying process. They includes:
1. Recognize the product needed
2. Vendor analysis
3. Purchase decision
4. Post purchase evaluation.
