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serious [3.7K]
3 years ago
12

The purchasing function is one of the most value-enhancing functions in any organization, and therefore, it is not necessary to

periodically monitor the purchasing function’s performance against a set of standards or industry benchmarks
A) True
B) False
Business
1 answer:
Brums [2.3K]3 years ago
5 0

The Purchase function should be periodically monitored, so the given statement is false.

Option B.

<u>Explanation:</u>

Purchasing, one of the strategic functions of a firm is the process of acquiring the inventories or raw materials that a company requires to operate on or manufacture the final products. Since it has direct impact on the cost of the production, the purchase that every concern makes has to be rational.

When it comes to monitoring, there must be a periodical measurement of the purchasing function or performance as this plays a significant role in the supply chain of the whole production process.

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Answer:

The correct answer to the following question is that a perfectly competitive firm should use relatively less capital .

Explanation:

Here we will take out the ratio for marginal product of labor by capital and for wage rate and per unit cost of capital.

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= 2

Now in this situation where Marginal product for labor by capital is greater than Wage rate per unit cost of capital, this indicates that the labor should be used in more quantity and less of capital should be used, which in turn would reduce the marginal product for labor and increase the marginal product for capital.

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3 years ago
Fixed financial charges include ________. stock repurchase expense common stock dividends and bond interest expense common stock
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4 years ago
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Answer:

multinational enterprise (MNE)

Explanation:

A multinational enterprise (AKA multinational corporation or transnational corporation) is a corporation that operates in two or more countries.

There are approximately 77,000 MNEs currently operating in the world. The 100 largest MNEs operate on average on 40 different countries and 25 are American MNE, 53 are European, 7 are Japanese. The remaining 15 are based on a whole variety of countries (South Korea, Taiwan, China, Malaysia, Cayman Is., Mexico, etc.).

Coca Cola Company is the MNE that operates in the most countries, it operates in all the world except in Cuba and North Korea.  

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Tax that you pay when making a profit from selling a house is an example of everfi
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Answer:

d.

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Based on the scenario being described within the question it can be said that In this case, MegaFurnishings must give a reasonable time, with notice, to wind up the business. This is a mandatory requirement when terminating the franchisee contract, and is done in order for the franchisee to become aware of the situation and have a chance to take appropriate actions regarding the event.

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3 years ago
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