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3 years ago

When planning a procurement, it is useful to ______________.

1 answer:

5 0

Answer & Explanation: When planning a procurement, it is useful to at least conduct a make or buy analysis which aids in determining the most cost effective approach, to consult and liaise with in-house experts in the departments of procurement, human resource, and legal, and also to insure the sponsor of the project signs off on the procurement plan. The goal of procurement planning is to increase the transparency and predictability of the procurement process while also deciding on what to buy, when and from what source.

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Laws governing sales are only enacted when the rights of an organization are infringed upon

luda_lava [24]

False because I know give brainlessly because I so swag and cool

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3 years ago

Consumers usually buy a(n) _____ only after comparing several brands or stores on style, practicality, price, and lifestyle comp

IgorC [24]

Consumers usually buy a shopping product only after comparing several brands or stores on style, practicality, price, and lifestyle compatibility

<h3>Who are consumers?</h3>

Consumer are individual or group of people who are willing to pay for a particular products or services they need.

Consumer often go around to compare prices and custom relations after which they decide who to buy from.

Therefore, Consumers usually buy a shopping product only after comparing several brands or stores on style, practicality, price, and lifestyle compatibility

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2 years ago

A budgeting process that involves the input and negotiation of several layers of management describes the management philosophy

chubhunter [2.5K]

A budgeting procedure that includes the enter and negotiation of numerous layers of control describes the control philosophy of Participative budgeting.

The required details for Participative budgeting in given paragraph

Participative budgeting is a procedure below which humans impacted with the aid of using a price range are actively concerned within side the price range advent procedure. This method offers lower-stage managers a more feel of possession within side the ensuing price range. A basically participative price range does now no longer take high-stage strategic issues into account, so control desires to offer personnel with hints concerning the general path of the business enterprise and the way their man or woman departments suit into it. When participative budgeting is used for the duration of an business enterprise, the initial budgets paintings their manner up via the company hierarchy, being reviewed and probably changed with the aid of using mid-stage managers alongside the manner.

Advantages of Participative Budgeting

This bottom-up method to budgeting has a tendency to create budgets which might be greater workable than are top-down budgets which might be imposed on a business enterprise with the aid of using senior control, with tons much less worker participation.

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1 year ago

Which of the following is a guideline for designing forms and reports? Group of answer choices Design a complex navigation syste

lana [24]

Answer:

b. Balance the layout

Explanation:

The guideline for designing forms and reports involve using meaningful titles, including meaningful information, balancing the layout, designing an easy navigation system.

a. Design a complex navigation system False

The goal of designing forms and reports should include an easy navigation system not a complex one.

b. Balance the layout. True

Balancing the layout is a guideline for designing forms and reports which involves clearly labeling all data and entry fields.

c. Include as much additional information as possible to be comprehensive. False

This is not necessary especially if the additional information is not even meaningful. Only needed information should be displayed.

d. Use abbreviations in titles False

The use of meaningful titles is recommended.

e. Limit the forms or reports to 1000 rows False

This is false. It is recommended to use meaningful labels, formatting columns, rows, and text, and formatting numeric, textual, and alphanumeric data instead.

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3 years ago

1. Compute the Office Products Division’s ROI for this year. 2. Compute the Office Products Division’s ROI for the new product l

Ghella [55]

Answer:

The complete question have been obtained online and attached below.

Returns on Investment (ROI) is the required Margin of profit the Business owners expect or are getting on their investment in the business.

The higher the returns therefore, the more impressed the business owners will be with the Management team

ROI = operating income divided by operating Assets x 100%

1. ROI for the year = 20%

2. ROI for the new line only = 16%

3. New Office product ROI = 19.2%

4. The manager will reject the proposed new line because it reduces his final ROI to 19.2% which doesn't guarantee him a bonus (I have attached a more detailed response in the attached working files)

5. Headquarters is anxious about the new product line being adopted because it gives an ROI above the business ROI of 15%.

6. Residual income (RI) is the absolute gain the Business has left distributable to shareholders after recognizing the expected Returns on Investment.

It is a gain over and above the ROI the shareholders have tasked the business to deliver.

Residual Income = controllable Margin - (Minimum Rate of return x Operating Assets)

A. RI for the year = $320,000

B. RI for the new line = $40,000

C. RI for the New office product division = $360,000

4. Improved RI is equal to $40,000, thus the Divisional Manager is very likely to approve the adoption of this new line.

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3 years ago