Ngai Nhung is the sales manager at Hung Technologies. At lunch with the company CEO, Ngai proudly announced that he had negotiated a <u>blanket purchase order</u> with a client that represented the customer's long-term commitment to buy components from Hung.
<u>Option: D</u>
<u>Explanation:</u>
Here Ngai announcement means that the firm's consumers with their suppliers are going to enable several distribution dates across a period of time, often structured to reap the benefits of fixed prices which showcase the long-term relation between firm and consumer, thus understood as a blanket purchase order.
It is basically utilized when expendable products are recurrently needed. Blanket orders are commonly used when a consumer purchases large amounts and receives special discounts. Calculating the predicted amount planned by the recipient of the commodity is the toughest part of getting an agreement.
Answer:
1. Sandboxing
2. Containerization
Explanation:
The function of Sandboxing is to distinguish applications from one another and does not permit them to share the data, user etc
While on the other hand Containerization is a technique that used to separate different data sensitives like a business and personal data kept on the mobile device
Therefore according to the given situation, the option 1 and option 2 is correct
Answer:
The true statement about the global economic integration is:
- It stimulates the economic growth of countries.
Explanation:
Global Economic Integration:
An economic phenomenon which allows countries from all over the world to follow same trading and economic rules so that everyone has the opportunity to expand its trade beyond its border. It is intended towards removing the economic barriers and its boost up the relations between the countries.
- So it is true that global economic integration stimulates the economic growth of countries as it result in the marketing competition which leads to the low buying price of the products.
- It doesn't foster war among nations rather it boost friendly relationships between them.
- It doesn't allow discrimination as they make such a policy in which they make sure that everyone get the maximum advantage out of it.
- It doesn't facilitate equal distribution of benefits as the country that has good quality and better price will enjoy more benefits than the other as it leads to the fair competition among the nations.
Answer:
Letter B is correct.<u> Markets clear in the long run.</u>
Explanation:
The correct alternative is the letter B, since a market clearing price can be defined as the equilibrium price, which is characterized by the price of a good or service whose quantity offered is the same quantity demanded.
Therefore, when there is a situation in which the sale price is higher than the market clearing price, the supply will be greater than the demand, which will create a stock of surpluses that will accumulate in the long run.