In the EXPLOIT segment of the process of supplier segmentation, suppliers have a significant portion of the buyer’s spend but do not view the buyer as an important customer.
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Explanation:</u></h3>
The process by which the suppliers will be divided into groups refers to the supplier segmentation. The main aim of this type of segmentation is to determine the profitability that a form can obtain from these segments. This is done for the purpose of the organisation to determine the level of engagement of the organisation with the suppliers.
In the Exploit segment of the supplier segmentation process, the suppliers will be having some significant portion of the money that are spent by the buyers of the product but these buyers of the product will not be viewed as important customers.
The correct option is C. The price of a product is set where both buyers and sellers are satisfied that phrase describes the market equilibrium.
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What is the difference between market price and equilibrium price?</h3>
Demand and supply are interdependent, and this relationship determines market pricing. Demand and supply forces are balanced at an equilibrium price. Prices have a propensity to return to this equilibrium unless certain demand or supply characteristics alter.
The price at which the quantity of supply and demand is balanced is known as the equilibrium price. The point where the demand and supply curves cross is what determines it. There is a surplus when there is more supply of an item or service than there is demand for it at the going rate; this forces the price down.
Thus, C is the right answer. The market equilibrium is defined as the price of a good being determined at which both buyers and sellers are content.
Learn more about Equilibrium here:
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Answer:
Electronic funds transfer for $9,800 from Terra Cota Cataluna
Effect of Transaction on the June 30 Bank Reconciliation:
Since it had not been recorded in the accounting books, it will make the balance in the bank statement to exceed the cash account balance by $9,800.
Explanation:
This transaction is regarded as direct credit in the bank account. It causes a discrepancy between the bank statement balance and the cash account balance.
In preparing the bank reconciliation statement, if you start with the balance as per the cash account, then will add this to this balance. If it is the only item for reconciliation of the bank statement, it will make the cash account balance to agree with the bank statement balance.
To correct this, a record (journal entry) will be made by debiting the Cash Account and crediting the Accounts Receivable account.
Answer:
By offering flextime to employees by adding more tasks to a job instead of treating each task as separate by ensuring that rewards are distributed on the basis of performance by incorporating motivational factors such as opportunity for achievement by creating a competitive environment at the workplace.
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