The bext360 saas implementation by Coda Coffee has the following five advantages:
Reputable brand name.
Use brand equity as leverage to penetrate new markets.
position of market leadership.
favorable standing on the international stage.
large base of clients.
spending on R&D projects.
<h3>
What do you understand by Coda Coffee and Bext360 Supply Chain?</h3>
The expense of Coda Coffee's dedication to ethical coffee was expensive. The price paid by the corporation for raw coffee beans, or cherries, was three times the commodity exchange rate. By the end of 2018, their supply chains extended from Denver to every corner of the globe. Could AI, machine learning, blockchain, and IoT provide Coda Coffee with the assurance that their premium pricing translated into higher farmer wages? In turn, could this aid their customers? Coda continuously sought to achieve this assurance through the connections they made and the sourcing strategies they pursued. In this scenario, a technology startup, Bext360, and a relatively new coffee company, Coda Coffee, partner to use Industry 4.0 technologies to increase supply chain transparency. The case discusses the reasons for starting a pilot project in Uganda.
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Explanation:
To motivate and set task engagements by doing this it set strong goals boost performance by motivating people to push harder.
Answer:
The amount of cash received by the magazine company as advance payments from customers during the year 2013 must have been $14,400.
Explanation:
Let cash received from customers be x
:
$12,700 + x - $14,800 = $12,300
x = $14,400
Therefore, The amount of cash received by the magazine company as advance payments from customers during the year 2013 must have been $14,400.
Answer:
<u>Ensure accurate reliable accounting records</u>
Explanation:
Internal controls refer to those processes and procedures employed by the management of an entity so as to ensure efficient operations and to keep a check on frauds and compliance with better reporting requirements.
For example, biometric system of recording employee attendance which keeps a check as in who is actually on payroll and elimination of any dummy entries from the records.
The purpose of internal control is to safeguard assets, ensure that employees adhere by company policies, compliance with the law, promote operational efficiency and ensure reliable financial reporting without misrepresentation of facts.
