Strategic sourcing involves the business to business purchases that involved long term contracts through negotiations.
Given an incomplete sentence related to B2B purchases.
We are required to fill the sentence with appropriate term related to B2B purchases.
B2B purchases are the purchases which happens between two or more businesses.
Long term contracts are the contracts that involve huge time in completion.
The term which is suitable for the B2B purchases involving long term contracts developed through negotiations is strategic sourcing.
Strategic sourcing is basically a procurement process that connects data collection, spend analysis,market research , negotiation and contracting.
Hence strategic sourcing involves the business to business purchases that involved long term contracts through negotiations.
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Answer:
Answers are: Option b, i.e. Faculty Advisor/ Research mentor
Option d, i.e. IRB Office
Explanation:
IRB, also known as Institutional Review Board, is an ethical review board or committee whose main purpose is to protects the rights of various human subjects who are someway or the other are involved in the research activity. Various additional resources related to IRB approval process can be found with the Faculty Advisor/ Research mentor and also at IRB Office.
Answer:
has a comparative advantage in textiles.
Explanation:
Comparative advantage occurs when a particular country has the capability to produce a particular product at a lower cost than any other country.
If a country is capable of producing a particular product at a reduced cost this will lead to an increase in demand for such product thereby leading to an increase in the revenue.
Vietnam has a comparative advantage in the production of textiles because they are able to produce it at a low opportunity cost.
I would say bond. Bob would most likely going to buy bonds. Bonds are known to be very safe however it has low return.
Answer:
Check the explanation
Explanation:
Journal Entries to be recorded in the books of Partnership accounts
a)Jesse's Investment
Account Name Debit($) Credit($)
Accounts Receivable(48,000-3600) 44300
Equipment(Agreed Price) 68,500
Allowance for Doubtful Debts 2500
Jesse,Capital A/c(Balancing Figure) 110300
b.Tim's Investment
Account Name Debit($) Credit($)
Cash 22000
Inventory(At Agreed price) 48000
Tim Capital 70,000
