Answer:
To ensure that the outsourcing initiative succeeds, even as personnel, business needs, and operating conditions change
Explanation:
Outsourcing
This is simply regarded as a form of an arrangement through which one company in contact with another organization mainly to give or provide services that ordinarily could be provided by company employees.
Reasons why organizations outsource
1. To cut costs
2. To improve focus
3. To upgrade capabilities and services
4. Fasten or accelerate time to market etc.
There are several issues associated with outsourcing. They includes:
1. There is the problem of decreasing employee Morale
2. Quality problems
3. Legal issues
3. Negative impact on customer relationships and satisfaction
4. Data security and integrity issues etc.
The objective of outsourcing is to save money and/or provide better service. It aim to lessen or free up development staff to cutoff peaks and valleys in the staffing cycle.
Answer:
Hence, the net income earned or net loss incurred by the business during the year $102,340.
Explanation:
When one commercial bank borrows from another commercial bank, it pays the discount rate.
The one place where a bank can get reserves is by borrowing from a commercial bank. As whenever a person or a business firm or an organization borrows, they should pay interest and a bank that borrows from a commercial firm must pay interest to them too. The interest that the commercial bank charges to banks that borrow from them is called the discount rate.
The term discount rate is used when looking at a certain amount of money to be received in the future years and calculating the present value now. The word “discount” means the amount to be deducted. A discount rate is a typical rate that is deducted from a future quantity of money to provide its present value to money seekers.
The cash flows of investments or business ventures when at the time of discount, it is important to note whether the discount rates used can be varied depending on particular different elements. So, discount rates are paid to compensate the borrower bank to the lender bank during transactions.
Learn to know more about details of discount rates on
brainly.com/question/989075
#SPJ4
Answer:
$66,680
Explanation:
The computation of the cost pf goods sold is shown below:
= Number of units sold × average cost per unit
where,
Number of units sold equals to
= Beginning inventory units + purchased units - ending inventory units units
= 3,000 units + 6,000 units - 5,000 units
= 4,000 units
Now the average cost per unit would be
= (Beginning inventory + purchases) ÷ (Beginning inventory units + purchased units)
= ($20,000 + $130,000) ÷ (3,000 units + 6,000 units)
= $16.67
Now put these values to the above formula
So, the value would equal to
= $4,000 units × $16.67
= $66,680
