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Travka [436]
3 years ago
6

Redbox places its vending machines in easy-to-reach areas around pharmacies, grocery stores, discount stores, and more. Most cus

tomers of Redbox purchase video and game rentals around dinnertime, so the fact that many of the machines are located close to grocery stores is a strategic move that benefits both Redbox and the store. Redbox manages its selection by keeping track of what movies are being ordered frequently at that location. The individual kiosks inform the company about past purchases, and the company can adjust the availability of DVDs or Blu-rays based on this information. Customers can also reserve movies online. Redbox launched a streaming service called Redbox On Demand to compete with Netflix. Refer to Scenario 14.1. George is in charge of working with movie studios and third-party distributors to purchase DVDs and Blu-ray discs to be made available through the kiosks. His only responsibility is to procure the movies and games for the different kiosks. Purchasing specifically falls under____________.
Business
1 answer:
Umnica [9.8K]3 years ago
4 0

Answer:

Supply Management

Explanation:

Based on the information provided within the question it can be said that purchasing specifically falls under Supply Management. This term refers to the process in which a company identifies, obtains, and manages the resources that are available in order to continue smooth and efficient operations of the organization. Purchasing is absolutely necessary in order to have enough stock to sell to customers, therefore it is part of Supply Management.

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The use of the concepts of purchasing, procurement, supply, and supply chain management will vary from organization to organizat
IRISSAK [1]

Answer: B. The industry which they operate

Explanation:Different companies carry out the functions of purchasing, procurement and supply differently and these depend on how they operate. For example supply chain in a manufacturing company, it will produce items that will be stored in warehouses and other locations, making the supply chain more complex, on the other hand if it's a Service Provider company which uses a make-to-order business model, there will be no need for storing finished products, Therefore, it is clear that supply chains including procurement , purchasing and supply depend on the nature of the company.

8 0
3 years ago
What is the difference between asset management and wealth management
ladessa [460]

Answer:

here is ur answer

Explanation:

wealth management comes down to what services you need. Asset management is about choosing and managing investments. Wealth management, on the other hand, looks more broadly at a person's financial life and portfolio. Some financial advisors do both, allowing you to hire just one person for the job.

8 0
2 years ago
31. If a company initially records the purchase of supplies to the supplies expende account, the mount of the adjusting entry ma
scoundrel [369]

We can actually deduce here that the amount of the adjusting entry that was made at the end of an accounting period will be equal to the supplies on hand at the end of the period.

<h3>What is accounting period?</h3>

An accounting period is actually known to be the period of time that a particular accounting function is covered. It can be a fiscal year, quarterly, monthly or even weekly.

We see here that the amount of the adjusting entry that was made at the end of an accounting period will be equal to the supplies on hand at the end of the period.

Learn more about accounting period on brainly.com/question/26533843

#SPJ12

6 0
2 years ago
Bob Bungler, owner of Bungler Appraisals, has received an assignment to appraise a property located in a small town that has one
umka2103 [35]

<u>Answer:</u>

<em>(A) Principle of Supply and Demand </em>

<u>Explanation:</u>

In economic theory, the law of the organic market is viewed as one of the significant standards administering an economy. It is depicted as the state though supply expands the cost will in general drop or increase, and as request builds, the price will in general increment or the other way around. The increase in demand is equivalent to moving the blue line to one side. A model would be twice the same number of clients needing to purchase the item because of good verbal exchange and promoting.

3 0
3 years ago
According to the theory of investment, when the real interest rate increases, business fixed investment ______ because the _____
In-s [12.5K]

Answer:

the answer is increases; cost

Explanation:

the theory of investment say that as the cost of capital, or the cost of financing the business operations  and activities increase, the level of investment by businesses decrease as the companies find it more difficult to generate profits!

5 0
3 years ago
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