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8090 [49]
3 years ago
10

A paper company is opening a new facility in Canada to increase its paper production. The company researched Canadian pulp suppl

iers and narrowed the choices down to three potential suppliers. The company then asked each of the three potential suppliers to submit a bid to become its regional pulp supplier. Each of the suppliers crafted a detailed offer outlining its strengths and submitted them to the company. This is known as the ________ step in the stages of organizational buying process.
Business
1 answer:
Alik [6]3 years ago
4 0

Answer: Proposal Solicitation Step

Explanation: There are Eight (8) stages in organizational buying process, and they inculde:

1. Problem recognition

2. Need description

3. Product Specification

4. Supplier search

5. Proposal Solicitation

6. Supplier selection

7. Order

8. Performance review.

The Proposal solicitation step is were selected potential suppliers will be asked to submit a proposal which will include catalogs and other documents that will give them a better advantage than others for review by the selecting company.

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Hoosier Corporation declared a 2-for-1 stock split to all shareholders of record on March 25 of this year. Hoosier reported curr
BaLLatris [955]

Answer:

Hoosier does not adjust its E&P for the stock dividend because it is not taxable to the shareholders.

Explanation:

Hoosier does not adjust its E&P for the stock dividend because it is not taxable to the shareholders. This conclusion is based on the definition of taxable dividends.

6 0
3 years ago
If income rises from $1,000 to $1,400 and consumption rises from $800 to $1,168, the marginal propensity to consume is _________
Zarrin [17]

Answer:

The marginal propensity to consume is <u>92 percent</u>.

Explanation:

Marginal propensity to consume (MPC) refers to the additional expenditure on consumption by consumer as a result of an in national income.

That is, MPC is a measure of the proportion or percentage of the additional income that goes consumption expenditure.

MPC can be calculated using the following formula

MPC = ΔC / ΔY ......................................... (1)

Where;

ΔC = Change in consumption = New consumption - Old consumption = $1,168 - $800 = $368

ΔY = Change in income = New income - Old income = $1,400 - $1,000 = $400

Substituting the values into equation (1), we have:

MPC = $368 / $400 = 0.92, or 92%

Therefore, the marginal propensity to consume is <u>92 percent</u>.

3 0
3 years ago
If a 30 % price increase for Product A causes a 10 % decrease in its quantity demanded, but no change in the quantity demanded f
IrinaVladis [17]

Answer:

0

Explanation:

Cross price elasticity of demand measures the responsiveness of quantity demanded of good B to changes in price of good A.

The increase in price of product A has no effect on the quantity demanded of product B. Therefore, the cross price elasticitiy is zero.

I hope my answer helps you

6 0
3 years ago
Which one of the following is the best definition of a project?This task contains the radio buttons and checkboxes for options.
Firdavs [7]

Answer: Option A

Explanation: In simple words, a project can be defined as an undertaking which might involve research and is carefully planned and executed to achieve a particular aim.

To achieve the goals from the project, the management has to use all its functions like planning and controlling etc. This is not necessary that the project will benefit the customers only or the organisation itself. A project can benefit either of them.

Hence from the above we can conclude that the correct option is A.

3 0
3 years ago
What are the four obstacles that impede economic growth?
bogdanovich [222]
<span>Obstacle # 1. Interlocking Various </span><span>Obstacle # 2. Population </span><span>Obstacle # 3. The Difficult of Adapting Western Technology </span><span>Obstacle # 4. Lack of Preparation for an Industrial Revolution </span><span>Obstacle # <span>5. The International Context</span></span>
7 0
4 years ago
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