Answer:
a. consists of two or more independent organizations that combine their requirements for materials, services and capital goods to gain better pricing, service and technology from suppliers.
Explanation:
A purchasing consortium consists of two or more independent organizations that combine their requirements for materials, services and capital goods to gain better pricing, service and technology from suppliers. It is also known as group purchasing organization or cooperative purchasing and typically comprises of organizations sharing similar purchasing requirements or needs coming together in order to enhance their purchasing or bargaining power (capabilities) in the market.
The main purpose of a purchasing consortium is to provide a leverage for two or more independent organizations by reducing their purchasing costs when acquiring resources or materials required for the smooth operation of their business.
Answer:
The correct answers are letters "B" and "C": does not contain the public offering price of the issue; contains the financial statements of the issuer.
Explanation:
A preliminary prospectus is a registration draft companies file to attract investors' attention. This file could contain the firm's financial statements, plan of use for the funds, and overall management information. The preliminary prospectus comes before the final prospectus in which the company proposes a price range to be offered for the security issued at the Initial Public Offering (IPO).
The marketing firm need to focus their efforts on
product modification.
<h3>What is product modification</h3>
Product Modification includes changes that are done on an existing product to make it more acceptable.
This could include branding, changing the quantity and colour to help increase the demand.
Therefore, The marketing firm need to focus their efforts on product modification.
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All of the above. Taxes are used for each of these.
Answer:
The difference is attributed to sales.
Explanation:
The difference of $10 will be attributed to sales because $20 is charged instead of $30 which means selling price has been changed. However, it cannot be considered as a loss because the cost price is not given. It might be the actual cost price for the item is $15 and the store is selling at $20 instead of $30. So, in this case, the store is making a profit of $5. Thus, the difference is considered as the sale difference.
