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ale4655 [162]
3 years ago
13

Explain the make-or-buy process and describe how to perform the financial calculations involved in the simple lease-or-buy examp

le provided in this chapter. What are the main types of contracts if you decide to outsource? What are the advantages and disadvantages of each?
Business
1 answer:
ioda3 years ago
3 0

Answer:

A make-or-buy decision is an act of choosing between manufacturing a product in-house or purchasing it from an external supplier.

The three main types of contracts if you want to outsource are

  1. Time and materials Contract
  2. Fixed Price Contract
  3. Target Cost Contract

Explanation:

Make-or-buy decisions, like outsourcing decisions, speak to a comparison of the costs and advantages of producing in-house versus buying it elsewhere.

There are many factors at play that may tilt a company from making an item in-house or outsourcing it.

Make-or-buy decisions must be based on the relevant cost of each option.

Relevant costs in make-or-buy decisions include all incremental cash flows.

Any cost that does not change as a result of the decision should be ignored such as depreciation and indirect fixed costs.

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Reflecting on the past ten weeks, specify what you believe are the two most important concepts you have learned in this course.
Mariulka [41]

Explanation:

The administration course contributed with several essential concepts for the work and career of every professional.

In my opinion, the two most important concepts learned in this course were the development of marketing plans and management of social media.

Learning about the strategic importance of implementing a marketing plan will help the professional to understand the crucial steps in the development of the product and its phases until reaching the end customer. Another essential learning was social media, which is a worldwide trend in building customer and company relationships and cannot be ignored nowadays, through this new channel companies are able to establish a relationship marketing capable of creating value for the brand and increasing customer loyalty.

6 0
3 years ago
Lauren often travels to other grocery stores in the marketplace to observe how much they charge for the same products she stocks
tia_tia [17]

Answer:

market intelligence

Explanation:

Market intelligence -

It refers to the information or the knowledge which is necessary for the company like the latest trends , customers ratings , competitors etc. , is referred to as market intelligence.

The process of market intelligence require collecting data from various upcoming sources  like internet , social media , news etc .

The method enable to be up to date with their products or services in the competitive world.

Hence, from the given scenario of the question,

Sue is performing market intelligence.

4 0
3 years ago
As a store manager, Liandra has to play the role of negotiator, such as purchasing products at a fair price for her company. As
swat32

Answer:

As a store manager, Liandra has to play the role of negotiator, such as purchasing products at a fair price for her company. As she handles this responsibility, Liandra is playing the decisional role.

Explanation:

A manager is someone who supervises, controls and administers an organization or company. There are different types of managers in an organization. An example is a store manager whose major role is to maintain the overall image of the store. There are different roles that a manager can play in an organization, namely; decisional, disseminator, and leadership. These roles are further explained below;

1. Decisional role

As the name suggests, this is a role where the manager has to make a choice on multiple alternatives. As she handles the responsibility of purchasing products at a fair price, she makes decisions on which products are of quality and which ones have a good price on behalf of her company.

2. Disseminator

A disseminator is a manager in the field of communication charged with the responsibility of passing information about an organization to the employees.

3. Leadership

Leadership can be defined as the role of taking charge in directing people and resources in a certain direction. The role of leadership can be taken by different people as various levels of management.

8 0
3 years ago
The Expresso Roast Corporation (ERC) is considering expanding its product lines by acquiring Mellow-Man Tea. The company’s found
crimeas [40]

Answer:

IRR = 5.05%

Explanation:

Internal rate of return (IRR) refers to the interest rate that makes the net present value (NPV) both the positive and negative cash flows of an investment equal zero.

See the two attached, an excel file and a photo file, for the calculation and further explanation. Note that the two files contain the same information but they are both attached to ease learning.

4 0
3 years ago
"why are dividends from a mutual insurer not subject to taxation"
bekas [8.4K]
Dividends from a mutual insurer fall under the categories of non-taxable dividend. The dividends are not subjected to tax because they are considered to be a return of premium. It required under the law that the mutual fund insurers must invest over 50% of their capital in tax exempt investments. Due to this fact, mutual insurer dividends are not subjected to tax.
8 0
4 years ago
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