1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
kolbaska11 [484]
3 years ago
5

In the B2B buying process, ________ can provide tremendous cost savings for firms because they eliminate periodic negotiations a

nd routine paperwork, and offer the means to form a supply chain that can respond quickly to the buyer's needs.
Business
2 answers:
Pachacha [2.7K]3 years ago
4 0

Answer:

The correct word for the blank space is: web portals.

Explanation:

A Business-to-Business (B2B) model is one in which usually two businesses deal directly with each other because they are part of the same <em>supply chain</em>. In this business model, intermediate items or components are the most traded items. Documentation is needed to keep track of both parties' sales transactions and inventories.

Using web portals is one method introduced to prevent excessive paperwork in the B2B models. <em>Orders can be sent electronically and invoices can be processed and stored electronically. Also, web portals fasten the delivery and reception of orders, eliminating in-person meetings that drain valuable organizational time.</em>

faltersainse [42]3 years ago
3 0

Answer:

a B2B web portal

Explanation:

Customers are always in search of stress free ways to purchase their goods and services. This is why there are online stores that even offer delivery services.

When it comes to B2B (business to business) where company A sells to company B, a portal will come in handy because of the following reasons (apart from the reasons listed in the question above):

  • Self-service and buying through a modern digital experience.
  • Reaching an unlimited number of clients at the same time.
  • It is a great way to automate sales
  • It can be used a marketing research platform
  • It helps in business expansion

The reasons listed above are just a few of the plenty benefits of operating a B2B portal.

You might be interested in
Rodriguez Corporation issues 10,000 shares of its common stock for $196,400 cash on February 20. Prepare journal entries to reco
emmainna [20.7K]
I’m not going to be able to get my homework homework but I’m not gonna be going back to school
3 0
3 years ago
In the short run, an increase in the aggregate price level caused by a shift in the aggregate demand curve first causes:
ra1l [238]

Answer: b. movement along SRAS

Explanation:

When the price level changes due to an increase in the demand that forces the Aggregate demand curve to shift rightward, the immediate effect would be that the Aggregate demand curve would intersect the Short Run Aggregate supply at a new point.

This new point will see a movement <em>along </em>the SRAS from its previous equilibrium point to the new equilibrium intersection point with the AD curve. In other words, the new point will be on the same SRAS curve just moving from one point to another.

6 0
2 years ago
Marie who has been the department manager at Verve, Inc., for five years starts every Monday morning with a 60-minute department
Setler79 [48]

Answer:

B) Stories

Explanation:

Stories are part of the artifacts or manifestations of the organization's culture. They reflect the values and past actions (specially success stories) of the organization's history and attempt to create a type of legend surrounding certain events. The stories about the organization must be based on facts and are generally exaggerated, but they should never be considered fiction.

7 0
3 years ago
Read 2 more answers
A consulting engineer has been engaged to advise a town how best to proceed with the construction of a 200,000 water supply rese
kozerog [31]

Answer:

<u>Single stage construction</u>

PW of Cost = $22,400,000 + 100,000(P/A, 4%, 25)

PW of Cost = $22,400,000 + 100,000(15.622)

PW of Cost = $22,400,000 + $1,562,200

PW of Cost = $23,962,200

<u>Tow stage construction</u>

PW of cots = $14,200,000 + $75,000(P/A, 4%, 25) + $12,600,000(P/F, 4%, 25)

PW of cost = $14,200,000 + $75,000(15.622) + $12,600,000(0.3751)

PW of cost = $14,200,000 + $1,171,650 + $4,726,260

PW of cost = $20,097,910

Conclusion: We should choose two stage construction as it has lesser Present worth of cost.

6 0
3 years ago
Recording Transactions Using Journal Entries and T-Accounts Receive $40,000 cash in exchange for common stock. Purchase $4,000 o
Paladinen [302]

Answer:

a. See the explanation below for the journal entries.

b. each of the following accounts have an ending balance (in red color) after the recording as follows:

Cash, $27,000;

Common stock, $40,000;

Accounts payable, $4,000;

Accounts receivable, $3,000;

Equipment, $10,000.

However, each of the other accounts will have a zero ending balance.

Explanation:

a. Recording Transactions Using Journal Entries

The journal entries will look as follows:

<u>Accounts Name                               Dr ($)                 Cr ($)    </u>

Cash                                               40,000

Common stock                                                         40,000

<em><u>(To record cash receipts for common stock.)                          </u></em>

Inventory                                           4,000

Accounts payable                                                      4,000

<em><u>(To record inventory purchase.)                                               </u></em>

Account receivable                          6,000

Sales                                                                           6,000

<em><u>(To record credit sales.)                                                            </u></em>

Cost of sales                                     4,000

Inventory                                                                     4,000

<em><u>(To record cost of sales.)                                                             </u></em>

Cash                                                  3,000

Account receivable                                                    3,000

<u><em>(To cash collected from credit sales.)                                        </em></u>

Equipment                                       10,000

Note payable                                                            10,000

<em><u>(To record purchase of equipment by issuing note.)                </u></em>

Wages                                               2,000

Cash                                                                            2,000

<em><u>(To record wages paid in cash.)                                                 </u></em>

Note payable                                   10,000

Cash                                                                            10,000

<em><u>(To record note due paid.)                                                           </u></em>

Dividend                                            4,000

Cash                                                                             4,000

<em><u>(To record cash dividend paid.)                                                   </u></em>

b. Recording Transactions Using T-Accounts

Note: See the attached excel file for the  T-Accounts.

From the attached excel file, each of the following accounts have an ending balance (in red color) after the recording as follows:

Cash, $27,000;

Common stock, $40,000;

Accounts payable, $4,000;

Accounts receivable, $3,000;

Equipment, $10,000.

However, each of the other accounts will have a no or zero ending balance.

Download xlsx
8 0
2 years ago
Other questions:
  • A check drawn by a credit union on its account at a federally insured bank would be an example of a:
    15·1 answer
  • The following data relate to direct materials costs for February: Materials cost per yard: standard, $1.93; actual, $2.03 Standa
    5·1 answer
  • Hospital administrators wish to learn the average length of stay of all surgical patients. a statistician determines that, for a
    9·1 answer
  • After the conclusion of the 1991 recession, the unemployment rate generally ______________ throughout the 1990s.
    10·1 answer
  • How does investing in successful business ideas earn you money?
    10·1 answer
  • Athena Jolene, a human resources executive at Thomas Griffith, wants to collect ideas from the company's employees for an upcomi
    12·1 answer
  • What assumptions are necessary for a market to be perfectly​ competitive? In light of what you have learned in this​ chapter, wh
    7·2 answers
  • Farrah owns 5,000 shares of stock in DAS, Inc. with a market value of $15,000. DAS declares a 20% stock dividend. After the divi
    6·1 answer
  • Benet Company has budgeted the following unit sales:
    8·1 answer
  • When a restaurant prices pizza at $10 per slice they sell 100 slices in a night. If they sell pizza for $5 per slice, they sell
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!