1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
lord [1]
3 years ago
10

A company creates a rating form for its suppliers and rates their on-time delivery, product quality, service advice, and so fort

h in order to determine which suppliers to put on an approved list of suppliers for specific products. This process is called a(n)
Business
1 answer:
kobusy [5.1K]3 years ago
3 0

Answer:

Vendor analysis

Explanation:

Organizational Buying Process

This is simply refered to as the decision making process where organizations state the need for purchased products and services and thereafter identify or evaluate to choose among them. There are 3 influences purchase type. They includes: structural and behavioral.

Vendor analysis in organizations buying influence is simply known as the behavioral needs of the buyer.

ethical conflicts may sometimes arise in buyer-supplier relationships. This can help the buying organization to manage spending

Vendor Analysis

This is simply refered to as a formal rating of suppliers on all important areas of performance.

The usual goal of a vendor analysis is to lower the total costs of a purchase.

The steps in Organizational buying process. They includes:

1. Recognize the product needed

2. Vendor analysis

3. Purchase decision

4. Post purchase evaluation.

You might be interested in
Required:
olga55 [171]

Answer:

Find below the variables missing from the question:

Selected sales and operating data for three divisions of different structural engineering firms are given as follows :

                                              Division A Division B Division C

Sales                               $5,800,000 $9,800,000 $8,900,000

Average operating assets $1,450,000 $4,900,000 $2,225,000

Net operating income         $284,200 $872,200 $191,350

Minimum required rate of return 18.00% 17.80% 15.00%

On the basis on return on investment Division A is preferred

On the basis of residual income Division A is also preferred

Explanation:

Return on investment is the net operating income compared to the average operating assets in the year:

Division A return on investment=$284,200/$1,450,000=19.6%

Division B return on investment=$872,200/$4,900,000=17.8%

Division C return on investment=$191,350/$2,225,000 =8.60%

Residual income=net operating income-(required rate of return*average operating assets

Division A residual income=$284,200-(18%*$1,450,000)=$23200

Division B residual income=$872,200-(17.80%*$4,900,000)=$0

Division C residual income=$191,350-(15%*$2,225,000)=$=$191,350-(15%*$2,225,000)

4 0
3 years ago
A _________ approach is found frequently among companies with strong engineering orientations, pharmaceutical and biomedical fir
Korvikt [17]

Answer: Option B

   

Explanation: In simple words, top down approach refers to the approach ion which the organisation break down its system to have better and clear understanding of the sub systems within.

This approach is used by organisations doing complex business activities or involving high technical skills. Hence this approach is used by firms like biomedical ,financial services and high technology companies etc.

8 0
3 years ago
HELP PLEASE:)
Sonbull [250]

I Think its answer C: Fixed and Variable rates

3 0
3 years ago
Consider the Northern California territory of Nova generates a sales revenue of $320,000 with four salespeople. The territory ac
antoniya [11.8K]

Answer: e)5% and $80,000

Explanation:

$320,000 was generated by the salespeople in this territory.

This territory comprises 10% of a $64 million market.

Territory comprises of = 10% * 64,000,000 = $6,400,000

Their market share is therefore;

= \frac{320,000}{6,400,000} * 100%

= 5%

Four people made sales of $320,000.

Their productivity = \frac{320,000}{4}

= $80,000

8 0
3 years ago
What is the difference between insurable and non-insurable risk
vova2212 [387]
<span>All risks cannot be transferred to the insurer. Mostly, pure risks can be transferred to the insurer</span>
8 0
3 years ago
Other questions:
  • Determine which of the following expressions can be factored to (y – 4)(y – 7).
    9·1 answer
  • A company has budgeted direct materials purchases of $250000 in July and $420000 in August. Past experience indicates that the c
    5·1 answer
  • Which of the following is an entrepreneur?
    15·1 answer
  • Employees who experience ______ conflict and ______ facilitation between work and family roles are objectively healthier, less a
    6·1 answer
  • On average, do women spend more on haircuts than men? Someone took a random sample of men and women at UF and asked them how muc
    14·1 answer
  • Why should investors know the difference between nominal and real interest rates?
    11·1 answer
  • The present value of a lump sum future amount:__________
    6·1 answer
  • Alice loves all animals and is starting a new grooming business for dogs. She believes that animals are very important and plans
    12·1 answer
  • 3. Based on sales, what products do customers want? How accurately did the
    14·1 answer
  • a firm installs 1500 air conditioners which need to be serviced every six months. the firm can hire a team from its logistics de
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!