Bread, gasoline, and newspapers are examples of convenience products. All of them are goods<span> (consumer item) that are widely available. Consumers purchase this kind of products frequently with minimal effort and with little planning. The convenience products are part of consumers routine. </span>
Answer:
C) Situational interviews focus on hypothetical incidents rather on actual work incidents
Explanation:
situational interview give rooms to individual that is going through interview from interviewer to pass across his/ her expertise, talent as well as skills that could be used in overcoming any challenges that come with the job.
Behavior Description Interview on other hand utilize premise which goes that behavior of the past can be use in predicting the future, it uses a techniques that finds out what applicant has done in a kind similar situation in the past. It should be noted that one main difference between situational interviews and behavioral description interviews is that Situational interviews focus on hypothetical incidents rather on actual work incidents
Answer: 23.04%
Explanation:
Based on the information given in the question, the cost of not taking a cash discount will be calculated as:
= D/(1-D) × (360/n)
where D = Discount rate
n = number of days after the discounted period
= D/(1-D) × (360/n)
= 4%/(1 - 4%) × [365/(76-10)]
= 4%/96% × (365/66)
= 0.0416667 × 5.530303
= 0.2304295
= 23.04%
Answer:
To answer this question, we must first add the options, they are:
A. Vendor performance assessment
B. Need recognition
C. RFP
D. Vendor negotiation
E. Product specification
They are the Vendor Negotiation stage of the business-to-business buying process
The correct option is D. Vendor Negotiation
Explanation:
Vendor negotiation is the process whereby a buyer and a seller discuss the terms of a trade, such as price, quantity, quality, and so on. This discussion will either lead to an agreement and the deal is sealed, or it will lead to a disagreement and both parties go their way.
In the case of USF Corporation above, since they are already discussing the price, quality, and delivery schedules, it means they have secured a supplier who will be capable of meeting the terms of the corporation.
In this stage, the corporation will carry out the negotiations in order to get the best value for its money.
Outsourcing is an attractive way for firms to tap into foreign markets because it enables the company to widen its marketing scope and presence at a lower cost. It also aids the company to hire people with skills and talents which they cannot attain in their countries for a lesser price.
Time difference may factor in some outsourcing firms. There are firms who outsource people of different time zone to ensure that the business operation will continue inspite of the downtime in the firms' headquarters.
Outsourcing also helps the company ease the burden of dealing with company documentations and freeing the firm employees time to negotiate more deals and generate more business for the company.