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
Alex Ar [27]
3 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]3 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.

You might be interested in
Why is accounting hard?
hjlf

Answer:

Accounting can be tough. ... The course load is quite intense, with classes in mathematics, finance, business, and accounting. While some concepts can be challenging, by studying the material and taking the time to make sure you fully understand accounting principles, you can be successful.

<h3>Please mark as brainliest</h3>
6 0
3 years ago
W.C. Cycling had $55,000 in cash at year-end 2013 and $25,000 in cash at year-end 2014. The firm invested in property, plant, an
Vera_Pavlovna [14]

Answer:

This question requires us to calculate cash flows from operations and net income. Each of them is calculated as follow.

Cash flows from operations

Cash flow from operation comprises of cash generated or spend on core business related purchase and sale. It will be calculated as follow.

Cash from operations = 25,000 - 100,000 =($ 75,000).

Net income

Net income will be calculated using simple cashflow equation given below.

Closing cash balance = opening cashflow + net income + depreciation + cash flow from operations + cash flow investment + cash flow finance

25,000 = 55,000 + net income + 10,000 - 75,000 - 250,000 + 170,000

Net income = 115,000

7 0
3 years ago
Management at Work While reading the newspaper one day, you come across an article discussing the diversity strategy presented b
Leno4ka [110]

1. Kellogg's is likely to experience Reduced turnover when compared with other companies that do not promote diversity

2. He likely to report about his shares of stock, Since the implementation of the diversity strategy, my shares have increased in value.

Explanation:

Benefits of good diversity management are -

  1. Harmonious working conditions
  2. Better involvement of employees
  3. Improved performance of employees
  4. Improved manufacturing processes
  5. Enhanced product quality
  6. Retained sales (i.e. higher level of employee retention)

Good management of diversity means greater profit and a better brand image.

Turnover is the replacement of an employee with a new hire throughout the realm of human resources. Turnover means a proportion of the employees who leave the company for a certain period of time.

6 0
3 years ago
The hierarchy of qualitative characteristics of financial information require that, in order to be useful for decision making, i
Effectus [21]

Answer:

Relevance and faithful representation

Explanation:

The is a general consensus that accounting information must possess certain basic characteristics for it to be useful to the users of financial statement. The International Accounting Standards Board (1ASB) gave voice to this assertion when it prescribes some basic characteristics of accounting information which are 1. Understandability 2. Relevance 3. Reliability 4. Comparability. 5.    Materiality. 6.  <em>Faithful representation.</em> 7. Substance over Form. 8. Neutrality. 9. Prudence. 8. Timeliness. 9. Completeness.

Faithful representation is the requirement that financial statement must be accurate and  must show a true and fair view of the position of the business.

8 0
3 years ago
Airbnb, a room-sharing site, offers more rooms than Marriott. Goldman Sachs suggests that the supply of new rooms over the next
WARRIOR [948]

Answer:

threat of new entrants.

Explanation:

Based on the scenario being described within the question it can be said that the competitive force involved in this situation is the threat of new entrants. This refers to the risk that existing companies in a market face of new competitors entering the market and overtaking their market share, eventually forcing them out of the market. Which tends to happen more when a market is expected to grow drastically in the near future as new companies want to take advantage of the opportunity such as is expected to happen in this scenario.

8 0
3 years ago
Read 2 more answers
Other questions:
  • A(n) _______ is an arrangement in which a third party promises to be secondarily liable for the payment of another's debt.
    15·1 answer
  • During the process of operational planning, management must compare market demand with
    5·1 answer
  • Molteni Motors Inc. recently reported $3.5 million of net income. Its EBIT was $5.25 million, and its tax rate was 30%. What was
    8·1 answer
  • In order to be the basis for a firm's superior performance, a bundle of resources must be valuable, rare, and imitable.
    13·1 answer
  • What percent of rich people are self made in the USA?
    7·1 answer
  • An advertiser enables target cost-per-acquisition (cpa) bidding and notices that conversions decrease. what might cause this?
    5·2 answers
  • Green Valley Steel had sales of $1,000,000 and collections of $760,000, leaving a balance of $240,000 in accounts receivable as
    12·1 answer
  • Silicon Valley in Northern California is famous as the home to many businesses that produce high-tech products or serve high-tec
    10·1 answer
  • Current Attempt in Progress Incorrect answer icon Your answer is incorrect. Carla Willis will invest $34,700 today. She needs $1
    10·1 answer
  • Which statement best explains the law of demand?
    10·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!