As we look into the future the traditional purchasing approach will be transformed into E-sourcing.
<h3>What is E-sourcing?</h3>
- The typical seven-step sourcing procedure can be used with a number of e-Sourcing solutions.
- The procedures are the same whether e-sourcing software is used or not.
- The distinction is in how you carry out each action.
- You should choose the tools as a category manager or sourcing specialist that are most compatible with your company's goals.
- It takes considerable knowledge of every tool in the toolbox to know which tool to use when. E-sourcing tools are placed beneath the relevant steps in the sourcing process below.
- Simply put, e-Sourcing is a group of digital tools that aid in streamlining, streamlining, and improving the strategic sourcing activities and procurement processes carried out by the procurement team of an organization.
Hence, As we look into the future the traditional purchasing approach will be transformed into E-sourcing.
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Answer:
The sandwich approach
Explanation:
The sandwich approach -
It is referred to as an unilaterally controlling strategy .
In this type of strategy , the feedback is given in the form of a sandwich , where the positive feedback is wrapped inside the negative feedback , is referred to as the sandwich approach .
i.e. ,
The person starts with negative points and then add new positive points and finally ends with the negative points .
Hence , from the given scenario of the question ,
The correct answer is the sandwich approach .
Answer:
Transportation costs.
Explanation:
Alfred Weber lamented in his theory that the industries would set up where the least cost of transportation of raw material and finished goods would incur.
- He determined transportation costs on the basis of the difference of weight of raw material coming in and final product going out. And the proximity to the source of raw material.
Answer:
The correct answer is letter "A": the discount rate that makes the net present value of a project equal to the initial cash.
Explanation:
The Internal Return Rate, or IRR, is a central component of corporate finance capital budgeting. Companies use it to determine which discount rate will make the Present Value of the after tax cash flows equal to zero (0). Any project that returns an IRR greater than 0 ads has a value.
<em>In the decision-making process, IRR is subordinated to Net Present Value because it is preferred an absolute dollar amount that is higher than a higher IRR.</em>
<h2>using formal writing style</h2>
Explanation:
Informational reports are written for the purpose of internal audience.
A formal writing style consists of the following:
- It will be written using active voice
- Will avoid vague language
- Sentences will be crisp and clear. No too lengthy sentences are allowed
- Abbreviations will not be present
- Sentences will include items expressed in a positive way
- There will not be any exaggeration of pointers
- No exclamation mark will be outside the quotation marks.
