The circumstance is called Conflict of Interest. It is a circumstance in which a man or association is engaged with various interests, money related or else, one of which could degenerate the inspiration or basic leadership of that individual or association.
Answer:
Correct one is Option D.
<u>$6,500</u>
Explanation:
Fair value of its 20% interest in the receivables 8000
Less: Factoring fee=50000*3%
=1500
Amount receivable from factor= 8000-1500=6500
Answer:
supplier development.
Explanation:
A degree of aggressive procurement involvement not normally encountered in supplier selection refers to supplier development.
Supplier development is a business strategy and it involves the process of working one-to-one basis or closely with certain suppliers in order to improve and boost their performance for the benefit of growing and developing an organization.
It is a concept that is also similar to reverse marketing in business management. It is a strategic business plan which is aimed at improving the quality and performance of suppliers by availing them resources they need to achieve success and have competitive advantage in the supply chain.
For instance, a buying organization might decide to implore suppliers to enter an emerging market.
Also, another example of the supplier development is, in order to prevent the wide-spread of Corona virus, CDC is ensuring its suppliers of ppe (personal protective equipment) are continuously supplying face masks.
Answer:
forced distribution
Explanation:
Forced distribution method is the oldest method used in various industries to evaluate the performance of any class of employees based on some standard norms as set by the company under this method.
It basically distributes each class of employee into category of management, lower, middle or upper.
This is forced because there is no change in such evaluation method, despite even the change in the company's working style is there.
But in the given instance the company has followed this forced distribution.