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bixtya [17]
3 years ago
15

Members of the buying center at Kid's World, a store for children's clothing, are drawing up a list of desired supplier attribut

es and their relative importance. Next, they intend to compare several suppliers' proposals to these attributes. In which step of the business buying process is the buying center at Kid's World involved in ________.
A) general needs descriptionB) proposal solicitationC) supplier selectionD) order-routine specificationE) performance review
Business
1 answer:
expeople1 [14]3 years ago
4 0

Answer:

C) supplier selection

Explanation:

The five stages of the business buying decision process are:

  1. Awareness and recognition: someone at the company identifies the need for a purchase.
  2. Specification and research: a detailed specification about what product is needed, quantity and technical requirements is elaborated. Using this information you start to search for potential vendors or suppliers that can offer the product.
  3. Request for proposals: vendors are contacted and you request them to send you their proposals regarding the products that you are looking for.
  4. Evaluation of proposals: the buying team must evaluate the proposals received form the potential vendors and select the most appropriate one.
  5. Order and review process: Price ans selling terms are negotiated, he order is placed and finally the products received are controlled to check that they meet the specifications.
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4 0
3 years ago
Bob operates Bob's Pizza, a small pizzeria that sells about 50 pizzas a day. Bob's daily total fixed costs are $100, and his dai
Sonja [21]

Available options are:

A. All of the choices are correct.

B. Average fixed costs would increase.

C. Marginal costs would increase.

D. Average variable costs would increase

Answer:

Option B. Average fixed costs would increase.

Explanation:

As the variable cost is the same which means that the marginal cost (All variable costs) would neither increase nor the average variable cost (Average variable cost due to fluctuating variable cost) would increase. Hence both Option C and D are incorrect.

Option B is correct because:

Average Fixed cost = (Initial Value + Value Now) / 2

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6 0
3 years ago
Ben, a 44-year-old middle manager at a well-known advertising firm, just lost his job. The company downsized due to a significan
irina1246 [14]

Answer:

a

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4 0
3 years ago
Friendly Financial has $230 million in consumer loans with an average interest rate of 19 percent. The bank also has $148 millio
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Answer:

$85.84 Million

Explanation:

Interest Income has been calculated as under:

Income on Consumer Loan = $372 * 17% =         $63.24 Million

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So the total income that the Friendly Financial will earn from the money invested will be $85.84 million.

7 0
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The law of averages is the law that something is sure to happen at some time, because of the number of times it generally happens or is expected to happen. In this case because the company uses a variety of marketing methods including a web site, cold calls, and direct mail Evans and Heldris believe the company could better communicate with potential customers who may not know of the company's existence.

6 0
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