Procurement is the supply chain function that receives inputs from the demand plan to procure materials, equipment, and services.
The process of organizing the many tasks necessary to create and distribute goods and services to a company's clients is known as supply chain management. The transfer of raw materials from the supplier to the producer to the final delivery to the customer is all included in the supply chain. Designing, farming, manufacturing, packaging, and transportation are a few examples of supply chain operations. A supply chain is the entire process of getting a finished good or service to the client. It may be necessary to obtain raw materials, convey them to the production facility, and then deliver the finished products to a customer.
Learn more about supply chain from
brainly.com/question/25160870
#SPJ4
Answer:
One possible revision suggestion for the previous follow-up letter is to:
c. Identify the position he applied for and the date of the interview.
Explanation:
Stating clearly the position that Enrique interviewed for and the the date of the interview will enable the interviewer to reconsider the candidacy of Enrique for the copy-editor position. However, the wording of his first draft of the follow-up email sounds too condescending. Enrique should not display some desperation in his job-search effort.
If the bank's reserves is $1000000, checking deposits be $3000000 and the required reserve ratio be 20% then the bank has excess reserves of $400000.
Given that bank's reserves is $1000000, checking deposits be $3000000 and the required reserve ratio be 20%.
Required reserve ratio is basically a percentage of deposits to be kept by the bank with them.
We are required to find the find the bank's reserve position.
Bank's reserves=$1000000.
Checking deposits=$3000000
Required reserve ratio=20%
Reserves required according to the checking deposits=3000000*20%
=$600000
Actual reserves=$1000000
Excess reserves=Actual reserves -Reserves required
Excess reserves=1000000-600000
Excess reserves=$400000
Hence if the bank's reserves is $1000000, checking deposits be $3000000 and the required reserve ratio be 20% then the bank has excess reserves of $400000.
Learn more about required reserve ratio at brainly.com/question/13758092
#SPJ4
The definition for interest in terms of finance is interest is the cost of borrowing. Therefore the correct option is (B).
<h3>What is Finance?</h3>
Finance refers to the money or the funds required by the company to undertake the business projects. Here, finance is the separate field of the study taught to the management students.
Interest refers to the amount charged to the borrower to the lender on the loan facility provided to them. Every lender charges the rate of the interest according to his will.
Bank also charge the rate of the interest on the loan provided to the customer. Therefore the correct option is (B).
Learn more about Finance here:
brainly.com/question/12459778
#SPJ1
