Answer:
Logistics is generally the detailed organization and implementation of a complex operation. In a general business sense, logistics is the management of the flow of things between the point of origin and the point of consumption to meet the requirements of customers or corporations.
Answer:
Patriots net income for the year = $245,000
Explanation:
Data provided in the question:
Revenue of Patriot Partners during the year = $245,000
Expenses of Patriot Partners during the year = $120,000
Declared dividends by Patriot Partners = $40,000
Now,
The Patriots net income for the year will be
= Revenue of Patriot Partners - Expenses of Patriot Partners
or
Patriots net income for the year = $245,000 - $120,000
or
Patriots net income for the year = $125,000
Answer:
The correct answer is B. The vendor has latitude in establishing prices for the other party's goods or services.
Explanation:
In an ideal scenario, both sellers and buyers should agree on the price and conditions of a product, in order to avoid speculation and subsequent conflicts. In the event that a seller is the one who has the freedom to decide the conditions such as price or distribution, he is acting as a commercial agent, since he is autonomously deciding on aspects that should correspond to the buyer as the main agent.
it contains four elements:<span>
<span>the product or service </span>
<span>the customer </span>
the benefit
<span>the distribution</span></span>
Answer:
business rules
Explanation:
Business rules define how a business will execute a certain process. For example, establishes the conditions where products can be delivered without any extra charge or fee: if the purchase amount is over $500, or within a 5 mile radius.
It establishes the parameters at which the business will operate. An employee should always be able to determine if a business rule allows or not a process to be performed, no gray areas should exist. Following with our previous example, if the purchase adds up only $450, then a delivery fee should be charged, or if the customer lives 7 miles away.
