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natulia [17]
3 years ago
6

In ___, a committee or group of people often make the buying decision and consider the organization's objectives, purchasing pol

icies, resources, and personnel. consumer buying, business buying, institutional buying government buying
Business
1 answer:
statuscvo [17]3 years ago
6 0
The answer is <span>  business buying 
This group of people usually made their decision based on a certain matrics that they use in order to evaluate companies performance and determined what's necessary for the company to buy within their budget based on that evaluation.
This comittee is considered succesful if they managed to keep the company from spending more than their budget while still accomplishing the goals.


</span>
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Suppose that the federal administration plans to fight a deep, ongoing recession with a nationwide plan of increasing infrastruc
defon

Answer: Increase (+)

Explanation:

The Government component of the Aggregate Demand refers to money spent by the Government/ Public sector to provide certain needs for the economy such as Education, Defense and Healthcare.

When the government spends on infrastructural development such as the scenario described in the text, they are engaging in a form of spending known as Government Investment. This will increase the amount of G in the aggregate demand model.

4 0
3 years ago
Bell Inc. took a physical inventory at the end of the year and determined that $830,000 of goods were on hand. In addition, Bell
Otrada [13]

Answer:

Bell inc should report $980,000 as the total amount of inventory at the end of the year.

Explanation:

Given information -

Inventory that were on hands - $830,000

Inventory that was in transit - $60,000

Inventory that was out on consignment - $90,000

Here for taking out the total inventory all of the given above items would be added .

Inventory that was in transit would be added because these f.o.b. goods would be considered transferred from seller to buyer as soon as they are shipped, so it doesn't matter if they're received two days after the inventory count , they will be added.

Goods which are sent on consignment would also be added because goods would remain in the name of consignor ( Bell inc ) until they're sold by consignee ( an agent who has been hired by Bell inc to sell its goods )

Inventory at end of year - $830,000 + $60,000 + $90,000

                = $980,000

6 0
3 years ago
The monitoring step of the mission and vision statements development process is analogous to which step of the principles of man
jeyben [28]

Answer: The "Controlling" step of the management framework.

Explanation: Management principles have been categorised into 4 main functions namely: planning, organising, leading and controlling. In short this is known as the P-O-L-C framework. The aim of this framework is to act as a guide used to assist management in addressing challenges faced by the organisation.

In the monitoring step of the mission and vision statements development is analogous (related) to the controlling element of the framework. In this step, key milestones are identified and recognised over time. Using these milestones, progress is monitored and measured against the objectives of the organisation. Audit can be an important tool used during this step of the process, to confirm whether milestones are effectively monitored.

3 0
3 years ago
What is one explanation for why this labor supply curve is upward sloping? the opportunity cost of leisure decreases as wages de
san4es73 [151]
I believe the correct answer is the first option. The labor supply curve is upward sloping because the opportunity cost of leisure decreases as wages decrease and the opposite of such is true as well. As one work one hour more, one will have less time for other activities. As the work rate increases in value, then the opportunity cost increases as well.
8 0
3 years ago
Read 2 more answers
If the contribution margin is not sufficient to cover fixed expenses:Multiple Choicevariable expenses equal contribution margin.
andriy [413]

Answer:

The correct answer is C. Loss occurs.

Explanation:

If the contribution margin is not sufficient to cover fixed expenses:

The contribution margin is calculated by deducting from sales the variable components. <u>Unless the selling price is lower than unitary variable costs, contribution margin will never be negative.</u>

When the contribution margin is lower than fixed costs, the company incurs on a loss.

5 0
3 years ago
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