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4 years ago

Why does the government sometimes use no-bid contracts?

2 answers:

5 0

The reason why the governments used this kind of contract is because they are trying to protect the national security in which could be potentially harm with some instances if they are not careful enough. They are using these in order to prevent such things to occur and to secure their national security.

svp [43]4 years ago

3 0

Answer:

To protect national security

Explanation:

A to the PEX

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a system of accounting for production operations that produces timely information about inventories and manufactyring cost per u

rjkz [21]

Answer:

cost accounting system

Explanation:

The system that is being described is known as a cost accounting system. This system is mainly used by firms in order to estimate the cost of their various products in order to use the information to analyze their profitability as well as their inventory valuation and cost control, all of which are vital to the company's profitable operations when dealing with accounting.

3 0

3 years ago

Why do multi-national hotel groups prefer local citizens to serve in top-level- management positions? The salaries to local mana

raketka [301]

Answer:

Employee morale will improve as workers recognize they can be promoted to the highest levels of management.

Explanation:

When multinational hotels use local citizens to serve as top management on the company, it sends a message to other local employees that it is possible to rise to a position of higher responsibility in the company even as a local hire.

Workers are more motivated to deliver their best because there is reward of growth.

Furthermore this will increase Goodwill of the company among local citizens.

4 0

3 years ago

Which economic system has the most government control

Hatshy [7]

The answer you are looking for is a planned economy

4 0

3 years ago

Stemway Company requires a new manufacturing facility. It found three locations; all of which would provide the needed capacity,

PolarNik [594]

Answer:

Location C costs least to the company as it only costs $461,160

Explanation:

We will evaluate all the three proposals

Location A Cost = $500,000

Location B

Down payment = $100,000

Annual year end payment = $50,000 for upcoming 20 years

Present value @ 8% = ( ${\sum \frac{1}{(1+0.08){^1}}+ \frac{1}{(1+0.08){^2}}+ ........ \frac{1}{(1+0.08){^2^0}}}) \times $50,000$ = 9.818 X $50,000 = $490,900

Net Present Value = $100,000 + $490,900 = $590,900

Location C

Payment of $40,000 at the beginning of each year, which means first payment will not be discounted and remaining 24 payments will be discounted.

Thus Present Value = $40,000 +( ${\sum \frac{1}{(1+0.08){^1}}+ \frac{1}{(1+0.08){^2}}+ ........ \frac{1}{(1+0.08){^2^4}}}) \times $40,000$ = $40,000 + 10.529 X $40,000 = $40,000 + $421,160 = $461,160

Thus Location C costs least to the company as it only costs $461,160

7 0

3 years ago

What is monetary policy? A.Monetary policy is policy set by the central bank to influence the amount of money and credit availab

kakasveta [241]

Monetary policy is policy set by the government to influence the amount of money and credit available in the economy

The Fed Reserve Bank controls interest rates and inflation rates to help encourage spending or borrowing and saving. Usually they will lower interest rates if they want to encourage spending and they will raise them if they want people to save more.

6 0

3 years ago