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3 years ago

Discuss the advantages and disadvantages of an optimized supply base. How can a buyer overcome the disadvantages?

1 answer:

7 0

Rationalization, a strategic initiative as well as methods to first decrease static or restricted-use providers begins to enable sustainable supply baseline optimization, which is termed as Supply base optimization.

Some advantages of an Optimized supply base are provided below:

Cost efficiency.
Enhance output.
Better Collaboration.
Identify problem areas with ease.
Prevention of delays.

Some advantages of an Optimized supply base are provided below:

Lack of Reliability.
Complicated.
Co-ordination vacuum between organizations.
Trained and personalized personnel are required.
Cost of execution.

A buyer can overcome the disadvantages by the following point:

Your Emergency Strategy is referred to.
Creating open communication channels.
Ensure the level of customer satisfaction.

Learn more about optimized supply base here:

brainly.com/question/1198059

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Calculate the balance of cash using a bank reconciliation (LO4-5) Spielberg Company's general ledger shows a checking account ba

Stella [2.4K]

Answer:

A. Bank balance per reconciliation $22,789

Company balance per reconciliation $22,789

B. No journal entry required

Dr Service fees expense $41

Cr Cash $41

Explanation:

A Preparation of a bank reconciliation to calculate the correct ending balance of cash on July 31, 2021

Bank Reconciliation

July 31 2021

Bank Cash balance

Per bank statement $22,364

Add Deposits outstanding $1,745

Checks outstanding -$1,320

Bank balance per reconciliation $22,789

Company Cash balance

Per generall edger$ 22,830

Service Fees -$41

Company balance per reconciliation $22,789

B. Preparation of the journal entry to adjust the balance for cash.

No journal entry required

Dr Service fees expense $41

Cr Cash $41

4 0

2 years ago

Risks of fixed costs of a business are more for an alliance than an independent firm.

frosja888 [35]

False. Risks of fixed costs of a business are more for an alliance than an independent firm. Businesses have risks and without any risk, comes a smaller reward. Taking a risk often yields a larger profit and room to grow/expand. Fixed costs are are costs that stay constant no matter the quantity of goods or service produced.

5 0

3 years ago

QUESTION 7 of 10: What aspect of your advertising is it vital to measure?

Dominik [7]

A) Effectiveness.
That is the most important aspect to measure.

3 0

2 years ago

Evaluate 2a + 4b or a = -2 and b = 3

Rama09 [41]

Answer:

Explanation:

2a + 4b

for a = -2 and b = 3

Substitute -2 in for "a" and 3 in for "b"

2*(-2) + 4*(3)

2*-2 = -4 and 4*3 = 12

-4 + 12 = 8

Ans: 8

4 0

2 years ago

Read 2 more answers

If we assume that both countries specialize according to their comparative advantage, then how do we find a terms of trade that

levacccp [35]

Answer:

The best way to find terms of trade that will ensure that two entities are in the best terms of trade will be to look at the opportunity costs of the various products they produce.

A high opportunity cost in one product relative to that of the other entity means the entity with the higher opportunity cost should be trading with the entity with the lower opportunity cost and vice versa.

For example, assume that an entity "A" produces both rice and beans whilst an entity "B" also produces rice and beans too.

If the opportunity cost to A of producing Beans is 300 bags of rice whilst the opportunity cost to B of producing Beans is 120 bags of rice, and the opportunity cost to A of producing rice is 180 bags of beans whilst it is 250 bags of beans to B, the principles of comparative advantage require that A should focus more on producing rice and purchase beans from B whilst B should focus more on producing beans and purchase rice from A.

Cheers!

4 0

3 years ago