1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
charle [14.2K]
3 years ago
7

The college of business faculty was evenly​ split; half preferred chalk and blackboards and the other half preferred dry erase m

arkers and whiteboards.​ Reluctantly, the purchasing agent agreed to handle supply of these items. One professor​ didn't want chalk or plain dry erase​ markers; he went directly to a specialty producer of scented dry erase markers. His motto had always been that it was better to ask forgiveness than ask permission.His path around the normal purchasing channel is known as
A. rule circumvention.
B. maverick spending.
C. scofflaw ordering.
D. unauthorized ordering.
Business
1 answer:
s2008m [1.1K]3 years ago
3 0

Answer:

The path around the normal purchasing channel is known as Maverick Spending.

Explanation:

The Maverick spending refers to expenses made from purchases outside the original contract, breaking the rules of previously established processes. In this example, one professor decided to disobey the original agreement and find another supplier, even though that would increase the expense greatly.

This is an actual problem for many different companies that are trying to eliminate by implementing different measures such as <em>spend analysis</em>, <em>a list of verified suppliers</em> or <em>purchasing control</em>.

You might be interested in
2. Visit the Web site for a different well-known company, and find the section that lists the company's values. Then answer the
Tom [10]

Answer:

Target delivery outstanding value and exceptional guest experience.

Explanation:

Shoppers getting the best deals.

3 0
4 years ago
What is the purpose of a consumer cooperative?
olga55 [171]

I think the answer would B. to improve the image of its members

SORRY if it is wrong

7 0
3 years ago
Read 2 more answers
The increased use of the Internet presents a lot of potential for which types of businesses?
Sergeeva-Olga [200]

Answer:

Local businesses, SME's and International businesses

Explanation:

The era of the internet has provided the work to integrate and create more opportunities for the business to grow and improve. More importantly, the internet has created a pathway for small businesses, local businesses, and small businesses to grow and expand globally. The internet has also helped businesses to set up their operations globally and locally to attract more markets and consumers.

8 0
3 years ago
High transaction costs will tend to a. reduce the number of mutually beneficial exchanges. b. lead to more specialization in acc
Contact [7]

Answer: Option (a) is correct.

Explanation:

Transaction costs are considered as a barrier or obstacle to trade between the nations. High transaction costs are generally occured because of the geographical proximity. Geographical proximity refer as the distance between the two nations. The larger the distance between the two nations, the larger will be the transaction costs. Therefore, higher transaction costs directly affects the trade between the two countries because it will become expensive for the nation.

Hence, this will reduce the number of mutually beneficial exchanges.

4 0
3 years ago
What does negative savings rate mean?
Arada [10]

Answer:

see below

Explanation:

The negative savings rate is when the bank's interests on deposits fall below zero percent. It means that banks should charge customers interest on savings rather than pay interests on customer deposits. The negatives savings rate is meant to encourage customers to consume more, as opposed to saving. The objective is to promote spending to boost the economy.

The negative savings rate encourages banks to give more loans. The banks find it more prudent to offer loans and earn interest instead of being charged for holding customer deposits.

4 0
3 years ago
Other questions:
  • a sole proprietor with a tentative loss may deduct which of the following for qualified business use of home expenses?
    7·1 answer
  • The costs of materials consumed in producing good units in the Production Department of Jacobs Company were $38,000 and $39,125
    11·1 answer
  • Which answer best describes an unsubsidized federal loan?
    5·2 answers
  • A buyer purchased a home under an agreement that made the buyer personally obligated to continue making payments under the selle
    8·1 answer
  • A cut in direct taxes on households' income
    8·1 answer
  • An automobile insurance policy typically includes: a. collision, comprehensive, liability, and personal injury protection b. col
    12·1 answer
  • If you are falling behind on your student loan payments, which of the following steps should you take to avoid default?
    6·1 answer
  • Which career pathways require workers to train at special academies?
    14·2 answers
  • Cullumber Products plans to produce 10200 units in January. Each unit requires 6 pounds of plastic, which costs $5 per pound. Wh
    14·1 answer
  • LUVFINANCE, Inc. is estimating its WACC. It is operating at its optimal capital structure. Its outstanding bonds have a 12 perce
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!