This statement is true. As there is the growing emphasis on the strategic supply management processes and less on the purchase transactions.
Effective interpretation of corporate and supplier objectives, selection of appropriate actions to achieve objectives and integration of inventory information into organizational strategies. hiring professionals trained specifically in supply management, providing them with technical knowledge and long-term leadership development. emphasizing strategic cost management, engaging key suppliers early in the process, and measuring reductions in total cost of ownership. Supply management has evolved from a process-oriented, strategic function to a transactional, tactical function. The reduction in inventory investment comes primarily from users reducing their demand for stocked items. Therefore the statement is true.
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Answer:
correct answer is C. Shrinkage
Explanation:
Shrinkage is industry term for an inventory and the cash losses
because shrinkage is difference between the record inventory and actual inventory so that shrinkage is the loss of an inventory and some factor that is attribute like vendor is fraud , employee theft or cashier errors or could be administrative error etc
so here correct option is C. Shrinkage
Answer:
what this?
Explanation:
thanks for the points have great day im so sorry if this was suppose to be an educational question
Ryan's Sparkling Jewels estimated its payroll for the coming year to be $84,000. Its workers' compensation insurance premium rate of 0.6% is paid at the beginning of each quarter required: Calculate the estimated cost of workers' compensation insurance for the year.
Answer:
$504 per year
$126 per quarter
Explanation:
workers' compensation insurance = payroll x insurance rate.
$84,000 x 0.6%
$84,000 x 0.006 = $504 per year
$504 ÷ 4 = $126 per quarter
Answer:
The correct answer is B.
Explanation:
The fact that Kara has plenty of capital means she most likely would not need financial intervention from any other party.
It is not logical for her to bring in a partner who will share profits when she has invested all the capital. Because she will enjoy all the proceeds from the business alone, she will also bear all liabilities.
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