The interest rate is the price paid for use of a FINANCIAL ASSET. Financial asset is the answer to the question. Interest rate is the fee that a borrower must pay the lender for the over time usage of the financial asset the borrower received.
As we look into the future the traditional purchasing approach will be transformed into E-sourcing.
<h3>What is E-sourcing?</h3>
- The typical seven-step sourcing procedure can be used with a number of e-Sourcing solutions.
- The procedures are the same whether e-sourcing software is used or not.
- The distinction is in how you carry out each action.
- You should choose the tools as a category manager or sourcing specialist that are most compatible with your company's goals.
- It takes considerable knowledge of every tool in the toolbox to know which tool to use when. E-sourcing tools are placed beneath the relevant steps in the sourcing process below.
- Simply put, e-Sourcing is a group of digital tools that aid in streamlining, streamlining, and improving the strategic sourcing activities and procurement processes carried out by the procurement team of an organization.
Hence, As we look into the future the traditional purchasing approach will be transformed into E-sourcing.
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Answer:
D. None of the above.
Explanation:
monetary polict affects the interest rates, but the exact intreset rates are difficult to predict due other tfactors affecting the interest rate.
the money multiplier is considerably unstable and at times, the monetary policy can turn out to be ineffectiveif the inverstment adn consumption fail to respond to changes in the interest rates.
That is an example of overtreatment.
Overtreatment is the term that is used to describe medical professionals who give unecessary health care in order to obtan higher profit compared to the necessary treatment. According to surveys, around 40% of doctors conducted this practice every year.
Answer:
a. zero.
Explanation:
Willingness to pay is the highest price a consumer is willing to pay for a good or service.
Consumer surplus is the difference between the willingness to pay and the price of a good or service.
If willingness to pay is equal to price, consumer surplus is zero.
If willingness to pay is greater than price, consumer surplus is postive and the consumer would purchase the product.
If willingness to pay is less than price, consumer surplus is negative and the consumer would not purchase the product.