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qaws [65]
3 years ago
15

for the past twenty years, curtis purchased its jewelry-cleaning kit components from evans’ suppliers, a local company that rece

ntly went out of business. as a recent hire to curtis, you are excited about the opportunity to search for a supplier. what should be your first step?
Business
1 answer:
TEA [102]3 years ago
8 0

As a new Curtis hire, the first step in looking for a supplier is to explore priorities within your own company and find out which Curtis stakeholders, such as manufacturing and marketing, need a supplier.

Every organizational action comes from planning, there needs to be analysis, gathering of relevant information, evaluation of alternatives and therefore decision-making.

Therefore, the choice of a new supplier must be based on the company's needs, and the one that offers the best opportunity cost, the best price, service and quality must be chosen.

Learn more here:

brainly.com/question/12140930

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Creation and execution of goals by the management team, defined by available resources and existing conditions in and out of the company.
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3 years ago
Suppose that the market for athletic shoes is initially in equilibrium at point A. Further suppose the demand for athletic shoes
elixir [45]

Answer: Correct. When there is an increase in supply and an increase in demand, the new equilibrium quantity increases but whether the equilibrium price increases or decreases is unknown.

Explanation:

When the demand for the shoes increased, it had the effect of shifting the demand curve to the right. At the same time, with six more firms coming into the market, the supply increased as well which had the effect of shifting the supply curve right as well.

The new equilibrium as a result of these movements will see the quantity increase. However, due to the shift of both the supply and the demand curve in the same direction, it is uncertain if the price will change or not.

The general rule is that if the rise in supply is more than rise in demand then the price will decrease. If they rise by the same amount then price will remain the same. It shows therefore that if both supply and demand rise at the same time, the effect on equilibrium price is unknown.

3 0
2 years ago
What type of firm helps consumers and businesses build
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3 0
3 years ago
How many of the following events would require an expense to be recorded? Ordering office supplies Hiring a receptionist Paying
Marat540 [252]

Answer:

C)Two.

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7 0
2 years ago
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3 years ago
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