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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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The long run is best defined as a time period during which at least one input cannot be changed. during which all inputs can be
Olegator [25]

Answer:

The long run is best defined as a time period

  • during which all inputs can be varied.

One thing that distinguishes the short run and the long run is

  • the existence of at least one fixed input.

Explanation:

On the long run, all productive inputs can be changed and/or altered. that includes fixed costs like equipment and machinery, building facilities, processes, wages, etc.

On the short run, at least one of the inputs used to produce our goods or services cannot be changed, e.g. wages tend to be sticky, fixed costs (depreciation of equipment and machinery, buildings, etc.)

7 0
3 years ago
Forey, Inc. competes against many other firms in a highly competitive industry. Over the last decade, several firms have entered
crimeas [40]

Answer:

The market that characterizes the industry in which Forey competes is a market where competition is at its greatest possible level and it is a perfectly competitive market and the reason is because its returns decrease with the entering of new firms, also four-firm concentration ratio and Herfindahl Hirschman index are both quite small, so no one has significant market power to set or even influence the market price. In the short-run Forey Inc’s profit will decrease as more and more new firms enter the market and in the long-run Forey Inc will receive only normal (zero) economic profit.

4 0
3 years ago
Empirical evidence from 1960 to 2010 shows that convergence in economic growth is occurring in which of the following cases?
kaheart [24]

Answer:

Correct Answer:

c. Low-income developing countries are catching up to high-income industrial countries.

Explanation:

The evidence which shows that low income developing countries are catching up to high-income industrial countries could be found in the series of developmental strides made by some countries like Rwanda, Kenya, Tanzania, Indonesia, Vietnam etc over the years. <em>Most of their achievements is at par with most European countries in different sectors such as educational, and social sectors.</em>

7 0
3 years ago
Green Roof Foods currently has a debt-to-equity ratio of .63, its cost of equity is 13.6 percent, and its pretax cost of debt is
Snowcat [4.5K]

Answer:

d.9.34%

Explanation:

The formula for the weighted average cost of capital is provided below as a starting point for solving this question:

WACC=(weight of equity*cost of equity)+(weight of debt*after-tax cost of debt)

weight of equity=1-debt %=1-50%=50%

weight of debt=50%

cost of equity=13.6%

after-tax cost of debt=7.8%*(1-35%)

after-tax cost of debt=5.07%

WACC=(50%*13.6%)+(50%*5.07%)

WACC=9.34%

The discount rate is computed based on the target or preferred capital structure

8 0
3 years ago
Select the correct point on the graph. Which point on the graph indicates the lowest quantity supplied of goods? 9.00 8.00 Price
disa [49]

Answer:

It would be A

Explanation:

3 0
2 years ago
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