Answer:
b. When there is a lack of importance of the buyer to the supplier group
Explanation:
According to Porter there are five forces that can cause rivalry in a production industry. These are supplier power, threat of new entrants, buyer power, threat of substitutes, and degree of rivalry.
Supplier power is when suppliers are able to benefit from the producers by increasing prices of inputs and gaining some industry profit. Since suppliers supply input and labour to the producer they have a greater control of there is lack of importance of the buyer to the supplier group.
This means that the supplier group has more control on price and quality it supplies to the buyer with buyer having little choice but to buy.
If however buyer is more important to the supplier it means they can control price and quality of inputs
Its almost the same except your heir will be cleaner and fresher. somethimes it depends on your hair type and texture.
Answer:
The following are those which helps in playing a key role in helping organizations to achieve their goals:
O. Computers can be used by people at all levels of an organization.
O. Workers use information systems to produce and manipulate information.
O. Managers depend on information systems to supply data that is essential for long-term planning and short-term tactical planning.
O. A decision system helps workers and managers make non-routine decisions by constructing decision models that include data collected from internal and external sources.
O. A(n) engine evaluates the facts and rules to produce answers to questions posed to the system.
O. Using a technique called logic, these systems can deal with imprecise data and problems that have more than one solution.
Explanation:
Answer: Debit Supplies
Credit Cash
Credit Accounts payable.
Explanation:
The journal entry is an act of making records of the transactions in an organization which shows the debit and credit balances of the company.
Based on the information given, since General Electric bought supplies in the amount of $1,500, the journal entry will be:
Debit Supply $1500
Credit Cash / Accounts Payable $1500
Answer:
the function responsible for the coordination of planning, sourcing, purchasing, moving, storing and controlling materials in an optimum manner so as to provide a pre-decided service to the customer at a minimum cost
