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miskamm [114]
2 years ago
5

Which of the following is an advantage of a centralized purchasing department? a. Less bureaucracy b. Specialization c. Closer c

ontact between buyer and user d. More frequent shipments
Business
1 answer:
Murljashka [212]2 years ago
6 0

An advantage of a centralized purchasing department is specialization.

<h3>What is a centralized purchasing department?</h3>

A centralized purchasing department is when only a single department is in charge of procurement of goods and services for the whole company. This department is usually located at the headquarters of the company.

<h3>Advantages of a centralized purchasing department</h3>
  1. It reduces the frequency of shipping
  2. It encourages specialisation.
  3. The company has better control in the purchase of goods.

To learn more about bureaucracy, please check: brainly.com/question/9416689

You might be interested in
Park Corporation is planning to issue bonds with a face value of $2,000,000 and a coupon rate of 10 percent. The bonds mature in
Alborosie

Answer:

Cash                      2,214,007 debit

        bonds payable              2,000,000 credit

        premium on B.P                 214,007 credit

Explanation:

To know the proceeds for the bonds we will calculate the present value of the coupon payment and the present vlaue of the maturity at market rate:

The coupon payment will be an ordnary annuity

C \times \frac{1-(1+r)^{-time} }{rate} = PV\\

Coupon payment: 2,000,000 x 0.05 =  100,000

time: 10 years x 2 payment per year = 20

rate 8.5% annual rate: 0.085/2 = 0.0425 semiannual rate

100000 \times \frac{1-(1+0.0425)^{-20} }{0.0425} = PV\\

PV $1,329,436.5808

Whilethe maturity the present value of a lump sum

\frac{Maturity}{(1 + rate)^{time} } = PV  

Maturity  2,000,000.00

time   10 years to maturity

 rate  0.085

\frac{2000000}{(1 + 0.085)^{10} } = PV  

PV   884,570.83

PV coupon payment $1,329,436.5808

PV maturity                   $884,570.8301

Total $2,214,007.4109

facevalue  2,000,000

premium        214,007

8 0
3 years ago
B was 42 when the life insurance policy was issued. 42 is referred to as the ______ age of the policy. A
Gemiola [76]

Because the assured is 42 when the life policy was issued, such age will be called an original age of the policy.

<h3>What is an original age?</h3>

In a life policy, an Original Age refers to the age of an insured at the inception of a life insurance policy.

Therefore, as the the assured is 42 when the life policy was issued, such age will be called an original age of the policy.

Read more about original age

<em>brainly.com/question/26386049</em>

5 0
2 years ago
Being a first mover in a market is advantageous for a firm because: Group of answer choices it may have an opportunity to free r
anyanavicka [17]

Answer:

Being a first mover in a market is advantageous for a firm because:

it may gain advantage through proprietary technology.

Explanation:

First mover advantage is a concept used to call the advantage a certain business has by starting to profit from an industry or sector before anyone else. It provides the advantage of experience and learning. Therefore, they gain advantage through proprietary technology by developing it to increase the efficiency of their resources.

4 0
4 years ago
_____________ is a deliverable-oriented grouping of the work involved in a project that defines its total scope.
Alex_Xolod [135]

Answer:

A work breakdown structure

3 0
2 years ago
An asset has an average return of 10.94 percent and a standard deviation of 20.98 percent. What range of returns should you expe
valkas [14]

If the standard deviation is 20.98%. The range you should expect to see with a 95 percent probability is: -31.02 percent to +52.9 percent.

<h3>Expected range of return </h3>

Expected range of return = 10.94 percent ± 2(20.98 percent)

Expected range of return =[10.94 percent- 2(20.98 percent)]; [10.94 percent + 2(20.98 percent)]

Expected range of return =(10.94 percent- 41.96 percent); (10.94 percent + 41.96 percent

Expected range of return = -31.02 percent to +52.9 percent

Inconclusion the range of returns is: -31.02 percent to +52.9 percent.

Learn more about expected range of return here:brainly.com/question/25821437

8 0
2 years ago
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