Answer: Proposal Solicitation Step
Explanation: There are Eight (8) stages in organizational buying process, and they inculde:
1. Problem recognition
2. Need description
3. Product Specification
4. Supplier search
5. Proposal Solicitation
6. Supplier selection
7. Order
8. Performance review.
The Proposal solicitation step is were selected potential suppliers will be asked to submit a proposal which will include catalogs and other documents that will give them a better advantage than others for review by the selecting company.
Answer:
He/She has no property subject to execution.
Explanation:
It is description of a person who doesn't have the assets for the creditor to seize when the court order requires the debt repayment. A broke and unemployed person is judgement proof. The debtor having few legally protected assets and income is also judgement proof. Judgment proof is also called the collection proof and is not permanent. The judgement are valid for many years, the creditors continue to collect whatever the judgement allows even after they have won a lawsuit against a delinquent customer.
Answer:
Mrs Smith either shut down the business or invest in efficient equipements that lowers the total cost to below $7
Explanation:
The reason is that the you can not make profit if you product is sold in the market at a higher price than the competitor who offers the same product with the same features. So here, Smith can not make profits by selling the product at $8 because here total cost is $8.25 per unit.
So either she should invest in the business equipments which bring efficiencies and keeps the total costs to below $7 or she should shut down her business because the business is turned into loss making machine.
Answer:
A. $32.08
Explanation:
Dividend=$1.25
Capital gain after one year=$35
Rate of return=13%
Formula for this will be;
Share price=(dividend+capital gain)/(1+rate of return)
Share price=(1.25+35)/(1+.13)
Share Price=36.25/1.13
Share price=32.08
Answer:
In the given scenario, Tyell Corp. uses
b. readiness-based diversity training
Explanation:
Diversity Training:
A type of training in which the audience are trained to accept and understand the diversity of traits and cultural backgrounds of people.
- In this scenario, Tyell Corp. teaches its diversified employees to ask questions stereotypes and change their personal opinion about each other. As this training is encouraging to understand the diversification so the option a and c are not valid.
- The options b is valid as the consulting firm is motivating its employee to ask the questions and understand other people that is preparing the employee to accept the differences. So, they can work in harmony for the progress of the firm
- The option d is not valid in this scenario, as this training is focusing on readiness of the employees to accept the cultural differences but not no skills.