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nikklg [1K]
3 years ago
6

An organization has a standing order with a supplier. the organization has ordered the same product in the same quantity monthly

over the past year. the purchasing manager has decided to change suppliers in order to get a better price. the order the purchasing manager places with the new supplier is an example of a ________.
Business
1 answer:
evablogger [386]3 years ago
7 0

Answer:

Modified Rebuy.

Explanation:

Modified Rebuy can be defined as the desires of a buyer to re-purchase or reorder the products previously bought but with certain modifications either in prices, products, suppliers, or terms. The buyer may modify the current purchasing terms because he may not be satisfied with the supplier or may have some new requirements.

In the given case, the modification in supplier has been made by the organization to get a better price. Thus this is an example of modified rebuy.

So, the correct answer is modified rebuy.

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Process redesign: a. is the fundamental rethinking of business processes. b. is sometimes called process reengineering. c. tries
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e. All of these is the correct answer.

Explanation:

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A. Is the answer you are looking for
7 0
3 years ago
Read 2 more answers
"Roper Spring Water" is considering a new bottling line that costs $230,000, last 4 years, and yields cost savings of $55,000 in
Tcecarenko [31]

Answer:

Roper Spring Water should not buy the machine, since it produces a negative net present.

Explanation:

Summary of Cash Flows on the Machine are as follows :

Year 0 = ($230,000)

Year 1  = $55,000

Year 2 = $65,000

Year 3 = $75,000

Year 4 = $75,000

Interest rate = 7%

Using the CFj Function of the Financial calculator this will be computed as :

($230,000)  CF j 0

$55,000      CF j 1

$65,000      CF j 2

$75,000      CF j 3

$75,000      CF j 4

i/yr  = 7%

Therefore Net Present Value is - $3,385.13

Since this is a negative Net Present Value, Roper Spring Water should not buy the machine.

8 0
2 years ago
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