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Alex Ar [27]
4 years ago
9

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.A) TrueB) False
Business
1 answer:
Aleksandr-060686 [28]4 years ago
3 0

Answer: False

             

Explanation: Under the volume consolidation stage the organisation reduces it suppliers for the procurement of raw materials and tries to increase its negotiation strength.

In the given case, company is no longer worries about the quality and quantity the materials they are receiving. There is nothing mentioned about the negotiation or reduction of number of suppliers.

Hence we can conclude that the given statement is false.

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Aiden is an investment banker. He often gets anxious and doubts his own capabilities. He has decided to quit his job because he
Anna35 [415]

Answer:

emotionally unstable

Explanation:

An emotionally unstable person is one who gets swayed over by his emotion. His self-confidence is very low, displays intense emotional reactions. They often fear that may be left alone, develop sense of emptiness and remain away from reality. Their decision-making abilities gets distorted.  

In the problem Aiden is said to have doubt over his abilities and do not perform well in stress full situation which made him to quit his job thus strong behavioral reaction. Thus it is clear that he shows symptoms of emotional unstability.

5 0
3 years ago
An indifference curve shows the various bundles of goods that:_________ A. all cost the same amount of money. B. make the consum
erica [24]

Answer:

B. make the consumer equally happy.

Explanation:

An indifference curve can be defined as the graphical representation of two products (commodities) that gives a customer equal utility and satisfaction and as such making him or her indifferent about them as they are equally happy.

Hence, an indifference curve shows the various bundles of goods that make the consumer equally happy.

3 0
3 years ago
Which one of the following would constitute a highly inflationary economy when determining the functional currency of a foreign
strojnjashka [21]

Answer:

The answer is stated below:

Explanation:

Functional currency is the one which states the primary and foremost economic environment in which the entity generate cash as well as expends cash.

It is used by the business units or the business as a monetary unit of account.

For determining or evaluating the functional currency, a hyper inflationary economy is one which experience a combined inflation of 100% or more over the past three years.

Inflation is 35% every year over the last 3 years which is a combined 105% and constitutes to a economy which is highly inflationary.

3 0
4 years ago
A management that wanted to increase the financial leverage of its firm would: raise additional capital by selling fixed interes
Masteriza [31]

Answer: Raise additional capital by selling fixed Interest rate long term bonds

Explanation:

A firm can finance it's operations through equity or debts, the art of a firm financing it's operations through debts like bonds etc it's refered to as financial leverage.

A firm cannot increase it's financial leverage by selling common stock, neither through buying stock from his cash and financial leverage does relate with asset turnover.

7 0
3 years ago
After these closing entries what will be the balance in the retained earnings account? Total Revenues $ 125,000 Total Expenses 6
WINSTONCH [101]

Answer:

$10,000

Explanation:

Given the data above,

5 0
4 years ago
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