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
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.

You might be interested in
Most resources are nonrenewable, and wants and needs are limited. This is an example of?
dimulka [17.4K]

Answer:

scarcity.

Explanation:

Scarcity can be defined as an economical problem that gives the relationship between non-renewable (limited) resources and the limitless wants and needs of consumers.

Basically, it's very important that producers of goods and services make decisions that would help them on how to efficiently allocate scarce or limited resources, in order to meet the unending requirements, wants and needs of consumers.

In Economics, an example of scarcity is that most of the resources used for the manufacturing of finished goods and services are nonrenewable, and as a result, the wants and needs of the end users or consumers are limited. Thus, economists would advise that economies should decide on what to produce, how to produce, when to produce and for whom to produce due to the finite and limited nature of resources i.e the concept of scarcity.

3 0
2 years ago
Owen is considering giving a large charitable contribution to an organization in the current year. Owen's adjusted gross income
oee [108]

Answer:

Explanation:

There is a limit on the amount of charitable contribution that a taxpayer can claim as deduction and it depends on the type of property that a taxpayer donates and nature of charity organization. A taxpayer can deduct up to 60% of adjusted gross income (AGI) in the case of cash contributions to public charity. When he contributes capital gain property, he can deduct up to 30% of adjusted gross income in the case of public charity. When he contributes capital gain property to private non operating foundation, he can deduct up to 20% adjusted gross income.

Calculate the maximum amount of deduction as follows

Download xlsx
4 0
3 years ago
Pension data for Coda Corporation included the following for the current calendar year: Service cost $ 112,000 PBO, January 1 81
spayn [35]

Answer:

Pension expense   $100,000

Explanation:

The computation of the pension expense for the year is shown below:

Service cost   $112,000

Interest cost $64,800 ($810,000 × 8%)  

Amortization of prior service cost $6,600

Amortization of net loss $2,600

Less: Expected return on plan assets -$86,000  ($860,000 × 10%)

Pension expense   $100,000

4 0
2 years ago
A stamping machine begins turning out components that are out of tolerance. the manager removes the machine from service to ensu
fredd [130]

In this question, this is an example of immediate corrective action.

 

<span>Immediate corrective action is having a solution to the problem right away. This shows that the manager provides action on the spot in the situation/problem. This type of corrective action lacks sustainability and the duration of the solution is not think through.</span>

6 0
3 years ago
True or false: It's inevitable that budgeting will hinder enjoyment of life, forcing people to make financial sacrifices.
NeTakaya

Based on financial analysis, it is <u>False</u> that It's inevitable that budgeting will hinder the enjoyment of life, forcing people to make financial sacrifices.

<h3>What is Budgeting?</h3>

Budgeting Is the process of making a financial plan which includes planning on expenses, revenue, savings, assets, liabilities, cash flow, etc.

<h3>Benefits of Budgeting</h3>

There are various benefits of budgeting, some of which include the following:

  • For providing limits or guides to spend.
  • To achieve financial goals.
  • To prepare for emergencies.
  • To aid better retirement, etc.

Hence, in this case, it is concluded that the correct answer is "<u>False</u>."

Learn more about Budgeting here: brainly.com/question/22532334

7 0
2 years ago
Other questions:
  • The break-even quanity for a certain kitchen appliance is 6000 units. The selling price is $10 per unit, and the variable cost i
    11·1 answer
  • If financial markets were ____, all information about any securities for sale in primary and secondary markets would be continuo
    11·1 answer
  • Which is a result of frequent change request from client ​
    14·2 answers
  • The basic summary device of accounting is the
    7·1 answer
  • Say what type of learner you are independent learner, class-based learner, pragmatic,
    15·2 answers
  • Which of the following is a characteristic of a management control​ system? A. It deals with coordinating planning across the or
    13·1 answer
  • Marginal cost ______(A) Is the change in total output from hiring one more factor of production.(B) Is the change in total cost
    9·1 answer
  • ________ are combating competitive pressures by providing better value with private-label merchandise; adding new value-added se
    11·1 answer
  • Your client submits an application to rent a condo unit. He has excellent credit and has had the same job for a long time. He us
    15·1 answer
  • Hierarchy is the means of coordination in which independent agents adjust their actions in response to information and incentive
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!