When evaluating a supplier using the integrated supplier scorecard, most are reevaluated on quality of their products, cost of the product, how quickly the items are able to be deviled and the flexibility the supplier has when the organization needs supplies. The scorecards allow the company to make sure they are doing and receiving the best items from their suppliers on each different level.
Answer:
Management
Explanation:
Sometimes in the course of discharging his duties, an auditor might discover a case of non-compliance with laws and regulations. In such situations, he is expected to report the issue to the governing body or management of the organization who in turn notify parties outside the client's organization. This might imply reporting to the appropriate law enforcement agencies who now investigate the matter.
The auditor should ensure that he is keeping to the code of confidentiality before proceeding on such a case. The management is expected to review the report to determine if the action was indeed non-compliant with the laws before proceeding on the next call of action.
It is correct to state that the Fed will address the scenario with expansionary policy.
<h3>
What is an expansionary policy?</h3>
An expansionary policy is one that seeks to increase the amount of money so that aggregate demand can be stimulated.
<h3>What is a specific monetary action the Fed might use in this scenario? Identify the tool and how the Fed would use it. Explain how this would address the scenario.</h3>
When money is injected into the economy using tools such as
- Lower interest rates
- Lower Bank Reserves etc., demand is stimulated.
<h3>What is a specific fiscal action that Congress might use in this scenario?</h3>
Examples of fiscal polices that the congress might enlist for deployment in this scenarios are:
- Government spending; and
- Tax regulation.
To increase aggregate demand, Government will inject more money in to the economy by buying back bonds or embarking on projects at the state and local levels.
Reduction of taxes will also help put more money in the hands of people, thus increasing aggregate demand.
Learn more about expansionary policies:
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The appropriate response is communications planning. It is the art and science of achieving target gatherings of people utilizing showcasing correspondence channels, for example, promoting, advertising, encounters or standard mail for instance. It is worried about choosing who to target, when, with what message and how.
Answer: MRP or the Marginal Revenue Product is the addition to total revenue when one more unit of a product is produced and sold in the market. It can be calculated using the given formula,
Therefore, MRP for the twelfth worker will be,
which is total revenue at 12th worker minus total revenue for the 11th worker.
