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
Soloha48 [4]
3 years ago
14

When an Accounts Payable department improves their information system resulting in faster payments to vendors, without the Accou

nts Receivable Department doing the same, leading to a cash flow crunch, what can we say happened in decision-theoretic terms
Business
1 answer:
weeeeeb [17]3 years ago
4 0

Answer: C) suboptimization

Explanation:

The Accounts Payable department's system has been optimized yet the Accounts receivable's system has not been optimized. This means that the company as a whole is suboptimized because only one department was optimized and the other was not.

It can lead to problems such as a credit crunch because the company is paying cash faster than it is receiving it. If both departments were optimized, this wouldn't be the case as the payments and receipts would tally.

You might be interested in
The quality certification that deals primarily with conformance to customer requirements is ISO ________; ISO ________ is concer
sashaice [31]

The quality certification that deals primarily with conformance to customer requirements is ISO <u>9000</u>; ISO <u>14000</u> is concerned primarily with the organization's effect on the environment.

<u>Explanation:</u>

A collection of global quality management and quality assurance standards designed to help businesses efficiently document the components of the quality system required to maintain an effective quality system, understood as ISO 9000. These are not industry specific, and can be extended to organizations of any scale.

The collection of specifications for environmental management generated and published by the International Organization for Standardization is known as ISO 14000 principles, which offer guidelines or structure for organizations seeking to systematize and develop their initiatives in environmental management.

8 0
4 years ago
Share your idea for an entrepreneurial business venture.
devlian [24]

Answer:

Entrepreneurial Ventures. ... Small businesses usually deal with known and established products and services, while entrepreneurial ventures focus on new, innovative offerings. Because of this, small business owners tend to deal with known risks and entrepreneurs face unknown risks.

3 0
3 years ago
Read 2 more answers
**20 POINTS
stiks02 [169]

Answer:

d) increased competition can harm businesses in developing countries

Explanation:

Globalization has increased interconnection and interdependence among world economies. International trade has increased due to the relaxation of border restrictions. Due to globalization, many countries, including the developing ones, have liberalized their economies.

For a developing economy, international trade can cause unfair competition to their young industries. Countries with developed economies can produced goods and services in large quantities and with more efficiency. When such goods get to the developing countries, they will be of a higher quality and a lower price. Producers in developing countries will not be able to compete with such imports, which impedes their growth.

4 0
3 years ago
2<br>Find the odd one out Turnip, Arbi , Potato ​
sattari [20]

I'm pretty sure the odd one is arbi because both potato and turnip are vegetables ^^

4 0
3 years ago
Swifty Corporation had net sales of $2,419,200 and interest revenue of $39,300 during 2020. Expenses for 2020 were cost of goods
damaskus [11]

Answer:

Please find the income statement below;

Explanation:

<u>Single step Income statement</u>

Revenues

Net sales              2,419,200

Interest revenue        39,300

<em>Total revenues                                2,458,500</em>

Expenses

Cost of goods sold      1,464,600

Admin. expenses            216,400

Selling expenses            294,800

Interest expense               46,000

<em>Total expenses                                   2,021,800</em>

<em><u>Net Income  </u></em><em>                                         </em><u><em>436,700</em></u>

6 0
4 years ago
Other questions:
  • Small, family owned businesses usually require applicants to submit electronic résumés.
    13·2 answers
  • Compute the future value of $10,000 at an 12 percent interest rate 15, 20, and 30 years into the future. what would the future v
    12·1 answer
  • A corporation issues for cash $1,000,000 of 10%, 20-year bonds, interest payable annually, at a time when the market rate of int
    5·1 answer
  • Farris Corporation, which has only one product, has provided the following data concerning its most recent month of operations:
    5·1 answer
  • What types of businesses are likely to have an informal corporate culture?
    15·1 answer
  • What must be done if a transaction increases the left side of the accounting equation?
    10·2 answers
  • Actual sales price is 20% higher than budgeted. Actual sales revenue in dollars is 14% higher than budgeted. Actual sales volume
    10·1 answer
  • Dakota Company experienced the following events during Year 2. Acquired $30,000 cash from the issue of common stock. Paid $12,00
    14·1 answer
  • What is another word for wants (choose all that apply)
    14·1 answer
  • any approved budget increase should be: a. added to the project contingency fund and only used as a last resort b. added to the
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!