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mel-nik [20]
3 years ago
7

________ determines the criteria for supplier selection and adds and removes suppliers from the list of approved suppliers. The

Procurement Process The Supplier Evaluation Process Supply Chain Management (SCM) Data Sharing
Business
2 answers:
SOVA2 [1]3 years ago
8 0

Answer:

The Supplier Evaluation process

Explanation:

The supplier evaluation process are usually done for companies through certain quantitative and qualitative evaluation measures. It is simply aimed at assessing and approving a pool of potential suppliers the companies can be using from time to time.

The performances of these suppliers are measured and monitored for the purpose of reducing the costs of goods that are needed on a constant basis.

Kamila [148]3 years ago
7 0

Question:

________ determines the criteria for supplier selection and adds and removes suppliers from the list of approved suppliers.

A) The Procurement Process

B) The Supplier Evaluation Process

C) Supply Chain Management (SCM)

D Data Sharing

Answer:

The correct answer is Supplier Evaluation process          

Explanation:

Supplier evaluation refers to the process of assessing and approving potential suppliers by quantitative and qualitative tests. The purpose is to ensure a portfolio of best-in-class suppliers is available for use.

Companies that regularly evaluate the performance of their suppliers find that they have better visibility into supplier performance, remove hidden charges, reduce risk, get a competitive advantage by reducing order cycle times and inventory, gain insight on how to elevate on their supply base, and align practices between the company management and the suppliers.

Cheers!

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Suppose that nondurable goods spending is $200 billion, durable goods spending is $400 billion, new residential housing spending
umka21 [38]

Answer:

$1,300 billion

Explanation:

total private consumption = nondurable goods spending + durable goods spending + spending on services = $200 billion + $400 billion + $700 billion = $1,300 billion

New residential housing spending ($500 billion) are considered residential investments, not part of private consumption.

6 0
3 years ago
Bank A has an increase in deposits of $20 million dollars and all bank reserve requirements are 10%. Bank A loans out the full a
dexar [7]

Answer:

Total increase in deposit  = $54,200,000

Explanation:

given data

deposits = $20 million dollars

bank reserve = 10%

solution

we know that Deposit in bank A  is = $20,000,000

and  Reserve @ 10%   = $2,000,000

so

Bank A loans or bank B deposit  will be = $20,000,000  - $2,000,000

Bank A loans or bank B deposit  = $18,000,000

here  Reserve @ 10%  = $1,800,000

so

Bank B loans or Bank C deposit  will be here = $18,000,000  - $1,800,000

Bank B loans or Bank C deposit = $16,200,000

so that

Total increase in deposit will be = Bank A + Bank B + Bank C     ...............1

put here value we get

Total increase in deposit  = $20,000,000 + $18,000,000 + $16,200,000

Total increase in deposit  = $54,200,000

3 0
3 years ago
When coffee is traded between countries it is called a
Nadya [2.5K]

Answer:

Unroasted, or green, coffee beans comprise one of the most traded agricultural commodities in the world; the commodity is traded in futures contracts on many exchanges, including the New York Board of Trade, New York Mercantile Exchange, New York Intercontinental Exchange, and the London International Financial Futures ..

Explanation:

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3 0
3 years ago
What is one way we know about what accounting in the ancient world was like?
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Answer:

b

Explanation:

7 0
2 years ago
Read 2 more answers
A company had the following items and amounts in its unadjusted trial balance as of December 31 of the current year: (3 points)
Lostsunrise [7]

Answer:

Particulars                                   Amount

Provision for uncollectible         $6,080 ($76000*8%)

Less: Provision already made   <u>$1,000</u>

Provision to be made                <u>$5,080</u>

Date       Particulars                                                      Debit     Credit

31-Dec    Bad Debts                                                    $5,080

                    To Allowance for Doubtful Accounts                    $5,080

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4 0
3 years ago
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