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Nezavi [6.7K]
3 years ago
13

A company has decided that it no longer needs to extensively count and inspect the products it buys from a particular supplier.

This suggests that the buying company has is in the volume consolidation stage of developing procurement strategy.
Business
1 answer:
agasfer [191]3 years ago
3 0

Answer: False

Explanation:

The VOLUME CONSOLIDATION Stage is where a company attempts to reduce the number of suppliers that it has and consolidates the volume of sales it does through them.

This strategy helps in having a better relationship with suppliers as well as earning a claim on their business which would go a long way in price negotiation.

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Corporate social responsibility definition
Masteriza [31]
It is a business approach that contributes to sustainable development by delivering economic, social, and environmental benefits for all stakeholders.
6 0
4 years ago
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Cate is the daughter of a Senator and the former CEO of a Fortune 500 company. Harry grew up on a farm, tilling the land for a l
Jobisdone [24]

Answer:

They will have an Exogamous marriage.

<u>Explanation </u>

Exogamous marriage or exogamy is the custom of marrying outside a predetermined group of individuals to which an individual has a place. Additionally, blood family members, union with individuals from a particular totem, clan(s), or other groups might be prohibited. Something contrary to exogamy is endogamy. Exogamy was acquainted with averting marriage between blood relations, particularly among siblings and sisters, which had been standard in a past condition of indiscrimination.

4 0
4 years ago
In performing accounting services for small businesses, you encounter the following situations pertaining to cash sales. 1. Pool
saveliy_v [14]

Answer:1. Poole journal $

Date

April 10

Cash account Dr 50,925

Cash sales Cr 48,500

Sales tax. Cr. 2425

Narration. Cash sales inclusive of sales tax.

Waterman journal $

Date

April 15

Cash account Dr 26750

Cash sales Cr. 25,000

Sales tax. Cr. 1750

Narration. Cash sales inclusive of sales tax

Explanation:

Firms are authorized by the government to collect sales tax on their behalf at the time of sales and such amount when collected are treated as liability by the firm to be remitted to the goverments.

At the point of sale the sales tax is showing as percentage to be charged on sales separately e.g 5% on sales figures.

If the tax percentage is not separated at the time of sales and the sales is made inclusive of sales tax then the sales tax like in the above scenario will be 7/107 * $26,750 which gives $1750

7 0
3 years ago
Which of the following describe the product in the marketing mix?
Elza [17]

Answer:

a

Explanation:

3 0
3 years ago
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A manufacturing company is thinking about building a new factory. The factory, if built, will yield the company $300 million in
lara31 [8.8K]

Answer:

lower than 4.53%

Explanation:

To determine whether the project is viable, we will use the Internal Rate of Return (IRR). This is the rate at which the Net Present Value (NPV) becomes Nil. In other words, the point at which the discounted net cash outflows are equal to the discounted net cash inflows

In this question, there is one outflow of cash worth $220 million at the start of the project (t=0) and one inflow of $300 million in 7 years.

To calculate IRR, we will use the following formula:.

220 = [300 / ((1+r)^7)]

Solving for r, we find that the interest rate is 4.53%.

Given the cash flows, the project should be accepted at all rates below 4.53% as it will create value for the company.

6 0
4 years ago
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