Strategic sourcing involves the business to business purchases that involved long term contracts through negotiations.
Given an incomplete sentence related to B2B purchases.
We are required to fill the sentence with appropriate term related to B2B purchases.
B2B purchases are the purchases which happens between two or more businesses.
Long term contracts are the contracts that involve huge time in completion.
The term which is suitable for the B2B purchases involving long term contracts developed through negotiations is strategic sourcing.
Strategic sourcing is basically a procurement process that connects data collection, spend analysis,market research , negotiation and contracting.
Hence strategic sourcing involves the business to business purchases that involved long term contracts through negotiations.
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Answer: The workers in another department do the programming needed to fix the problems
Explanation:
Every organization has job roles and task for which individuals where employed for and in most cases workers are not really permitted to do beyond their task unless they are asked to do so by the organization or they are asked by their colleagues to assist them, despite Andrew taking classes in software training, he would still need approval from the organization before he can carry out task in another department.
Answer:
Truthfulness
Explanation:
A credible news organization is an organization that conveys truthful, verified information, ideally without biases. For example, Reuters is one of the most credible organizations because they do not editorialize information: they simply convey it as it is.
Negative news should not be used to promote hidden agendas against something or someone, because if the agenda is discovered, the credibility of the news organization will take a hit.
The key to a good assessment of the alternatives:
- C. defines the opportunity or threat exactly.
- D. specifies the criteria that should influence the selection of appropriate alternatives.
<h3>What is an Assessment?</h3>
This refers to the analysis that is done to ensure the best possible thing is selected and that threat is identified and eliminated on time.
Hence, we can see that when making good assessments, it is important to define the threat or opportunity and then specify the criteria that should influence the selection of appropriate alternatives.
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Answer:
$170
Explanation:
Kelly's opportunity cost = ($1,000 x 3%) + ($2,000 x 7%) = $30 + $140 = $170
The opportunity cost is the cost of not choosing an alternative action.
Implicit costs are costs that occur but are not reported as separate costs.
Explicit costs are normal accounting costs.
