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Fynjy0 [20]
2 years ago
10

Harold works as a new business manager for a manufacturer of marine lubricants. He often talks to several different people befor

e he locates someone who can give him a purchase order or a refusal. In terms of the buying center, he has the most trouble identifying the _____ for his services.
Business
1 answer:
brilliants [131]2 years ago
4 0

Answer:

Decider.

Explanation:

Harold being a new business manager for a manufacturer of marine lubricants. Most times, he has to talk to several different people before he's able to find someone who can give him a purchase order or a refusal.

Hence, in terms of the buying center, he has the most trouble identifying the decider for his services.

In Business management, the buying center comprises of a group of people or department within a specific organization that make business purchase decisions. These group of people are found in different parts of the organization, such as accounting, finance, procurement, and senior management. The buying center is made up of five (5) key groups, these are the buyers, gatekeepers, users, influencers, and deciders.

The decider in a buying center are generally responsible for choosing the right products to be purchased and have the final say (decision) with regards to a purchase order or a refusal.

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The following lots of a particular commodity were available for sale during the year: Beginning inventory 10 units at $30 First
irakobra [83]

Answer:

Fifo Ending Inventory = $ 690

Explanation:

The first in first out method implies that only the units at the end are left out in the ending inventory.                

Fifo Ending Inventory = $ 690

10 units from third purchase at $ 35= $ 350

10 units from second purchase at $ 34= $ 340

Total 20 units FIFo method = $ 690

Working

         

                                                                  Total Cost

Beginning inventory        10 units at $30           $ 300

First purchase                 25 units at $32            $ 800

Second purchase            30 units at $34            $ 1020

Third purchase                10 units at $35            $ 350

6 0
3 years ago
Asking “would you buy my product” in a survey is an example of what?
Alja [10]

product advertising is the answer

6 0
2 years ago
Organizations that are formed to offer services to clients and not make a profit are ____, whereas, ________ are those organizat
forsale [732]

Answer: Option (B)

Explanation:

A nonprofit organization is referred to as or known as a business organization which has been granted the tax-exempt by IRS since its is associated with a social cause and also tends to provide a public benefit. Donations which are made to the nonprofit organization are usually tax-deductible to the individual and organization that tends to make them. Also nonprofit organization does not pays any tax on the donations received.

For-profit corporation is referred to as or known as an organization that tends to aims at earning profit via its operations and thus is mostly concerned or inclined toward it's own interests.

3 0
3 years ago
Fill in the blanks for each of the following independent cases.
denis-greek [22]
  • The correct form to fill the blanks of the following independent cases is:

<u>Case    Revenues variable    Fixed   Total  operating   contribution </u>

<u>                               cost         cost     cost income margin      Contribution</u>

a             2400       600           200     800     1600            75%        1800

b             2500      1400           200    1600    900              44%       1100

c            500           300              200   500       0               40%        200

d            1200          900              200    1100   100              25%          300

The below formulas should be used:

  • Contribution = Revenues - variable cost.
  • Contribution margin = contribution ÷ revenue.
  • Operating income = Revenue - total cost
  • Total cost = fixed cost + variable cost

4 0
2 years ago
Stoneheart Group is expected to pay a dividend of $3.23 next year. The company's dividend growth rate is expected to be 3.6 perc
prisoha [69]

Answer:

$38.45

Explanation:

Data provided

Next year dividend = $3.23

Required rate of return = $12%

Growth rate = 3.6%

The solution of the stock price is shown below:-

Stock price = Next year dividend ÷ (Required rate of return - Growth rate)

= $3.23 ÷ (12% - 3.6%)

= $38.45

So, we have solved the stock price with the help of above formula.

7 0
3 years ago
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