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s2008m [1.1K]
3 years ago
14

Decentralized purchasing is the practice where individual, local purchasing departments throughout a single corporation make the

ir own, individual purchasing decisions to fulfill their individual local needs.True / False.
Business
1 answer:
likoan [24]3 years ago
3 0

Answer:

True

Explanation:

Decentralised purchasing also means the purchase of each manufacturing center necessity in the organisation. This method, instead of dropping buying power with a single branch,it would be given to regional offices or branches. They have the power to buy the items needed as per their demands. Acquiring in large quantities lowers the cost to the company.

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The text discusses three areas a firm must be concerned with in order to keep their best and brightest employees from leaving. T
den301095 [7]

Answer:

The correct answer is a. sorting/absorbing

Explanation:

The flight of talented employees is a situation that usually hurts companies, for that reason it is important to have growth plans that allow you to retain the people who generate value for the organization. If you focus directly on the classification, you are certain of who the projected employees are, and that in the short or medium term they can directly contribute to the growth of the company; for its part, absorption refers to the process of hiring employees who are already talented in search of a training process based on previous experiences.

4 0
3 years ago
The term ___________________ is used to describe the common pattern whereby each marginal unit of a consumed good provides less
Phantasy [73]

Answer:

diminishing marginal utility.

Explanation:

The term diminishing marginal utility is used to describe the common pattern whereby each marginal unit of a consumed good provides less of an addition to utility than the previous unit.

In Economics, The law of diminishing marginal utility states that as the unit of a good or service consumed by an individual increases, the additional satisfaction he or she derives from consuming additional units would start decreasing or diminishing as the units of good or service consumed increases.

<em>For example, buying a chocolate bar and eating it may satisfy your cravings but eating another one wouldn't give you as much satisfaction as the first due to diminishing marginal utility. </em>

3 0
3 years ago
A microeconomist wants to determine how corporate sales are influenced by capital and wage spending by companies. She proceeds t
Leto [7]

Answer:  option b

 

Explanation: In simple words, collinearity refers to the condition under which some of the Independent variables in the model are related to each other. This  international between independents variables can result into incorrect results while fitting the model.

Therefore, collinearity causes problem as the analyst prepares a model on the basis that there will be two inputs one is dependent another is independent but due to this phenomenon the  expected input structure collides.

Hence from the above we can conclude that the economist should be concerned with col linearity.

5 0
3 years ago
Financial statements should be useful. Which of the following is not one of the qualities of useful financial representation.
AlexFokin [52]

Answer:

A. Expand-ability Relevance

Explanation:

Financial statements does not need expansion, therefore expand-ability relevance is not one of the qualities of financial statements.

A. Faithful representation- financial statements must be a faithful representation of the state of the entity. it should represent the correct position of the entity.

B. Comparability - The financial statements must be prepared in accordance with acceptable standard to ensure comparison within and without the entity.

C. Consistency and Verifiability - The numbers must be verifiable and methods choosing in treating certain items must be consistent over time.

8 0
3 years ago
The YTM on a bond is the interest rate you earn on your investment if interest rates don’t change. If you actually sell the bond
prisoha [69]

Answer: Yield to Maturity (Return) = 9.04% , Value of the Bond in 2 years = $ 1656.71

Explanation:

Calculating the expected return (yield to maturity)

Future value = $1000

Price = $1200

Coupon = $110 (1000×11/100)

N (number of period) = 19 years

yield to maturity = (C + (Fv - P)÷N) / ((Fv+P)÷2)

yield to maturity = (110 + (1200 - 1000)÷19) / ((12000+1000)÷2)

yield to maturity = (99.47368421)/1100 = 0.090430622

yield to maturity = 9.04%

Calculating value of the bond in two years

Price = $1200

Coupon (Pmt) = $110 (1000×11/100)

N (number of periods) = 2 years

R (YIELD TO MATURITY) = 9.04%

Future Value of a bond = Future Value of the price + Future value of the annuity

FV = P(1+R)^n + (Pmt × (1+R)^2 - 1)/ R

FV = 1000(1 + 0.0904)^2 + 110(1 +0.0904)^2 - 1)/0.0904

FV = 1426.766592 + 229.944

FV = 1656.710596

FV = 1656.71

the selling price of the bond will be $ 1656.76

5 0
3 years ago
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