Answer:
The correct answer is letter "B": users.
Explanation:
We can identify seven (7) roles members of a company can play in the organizational purchasing process: <em>initiators, users, buyers, influencers, deciders, approvers, </em>and <em>gatekeepers</em>. The users are the characters who are likely to benefit directly from the purchase since the products bought will be provided to them. Sometimes they play the role of the <em>initiators </em>requesting what is necessary.
Answer:
Data-driven decision-making
Explanation:
Marketing can be defined as the process of developing promotional techniques and sales strategies by a firm, so as to enhance the availability of goods and services to meet the needs of the end users or consumers through advertising and market research. Thus, it comprises of all the activities such as, identifying, anticipating set of medium and processes for creating, promoting, delivering, and exchanging goods and services that has value for customers. It typically, involves understanding customer needs, building and maintaining healthy relationships with them in order to scale up your business.
In this scenario, the practice supports data-driven decision-making because the researcher shared his or her results with members of the marketing team to see if they might have additional insights into the business problem
Answer:
Change in profit is Nil
Explanation:
<em>To determine whether to outsource the production of product X or not, we would compare the variable cost internal production to the external</em> <em>purchase price. And then adjust the net figure for the fixed costs.
</em>
<em>For a make or buy decision the relevant cash flows include </em>
1. the differential variable cost of the two options
2. savings from avoidable fixed costs associated with internal production
$
Variable cost internal production (2+7+5) 14
External buy in price <u>12</u>
Savings per unit of bought from outside <u> 2 </u>
Savings on 1000 units (2× 1,000) 2,000
Unavoidable fixed cost (2 × 1,000) <u> (2,000)</u>
Net change in profit <u> Nil </u>
<em>Note we assume that the fixed overhead is unavoidable. That is it will still be incurred whether or the product is outsourced </em>
$78 is the Relevant cost per unit of part A12E when the Bramble Corp buys the part from an outside supplier.
Explanation:
Relevant cost per unit of part A12E
Direct materials+Direct labor +Variable overhead +
(Fixed overhead - Avoidable fixed overhead )
= $ 50000 + $155000 +$70000 + $115,000 ($175000 - $60000)
= 390,000 ÷ 5000 units = $78
Relevant cost per unit of part A12E is $78 when the Bramble Corp buys the part from an outside supplier.