The limitation of using short-term contracting as an alternative method to make an in-house component is that the supplier gets no reward in relation to transaction-specific investments for enhancing performance or quality.
Option D is the correct answer.
<h3>What do you mean by component in-house?</h3>
Component in-house refers to producing the goods or services in the company itself, that is, in the factories.
A short-term contract is a type of contract which is generally not more than one year. The supplier could not get any kind of profit or rewards from short-term contracts which they can use for raising its performance and quality. This happens due to the shorter duration of the contract.
Therefore, there are no gains to the suppliers from investments made in the short-term contract if they use it as a method of making an in-house component.
Learn more about the short-term contracts in the related link:
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Answer:
$858.45
The proration will appear in this format:
Debit seller $858.45, Credit buyer $858.45
Explanation:
$1,485 ÷ 365 = $4.07 per day $4.07 x 211 days (January 1 to July 30) = $858.45.
Debit seller $858.45, Credit buyer $858.45
Answer:
The correct option is C. System analysts analyze the business situation and identify the need for information and information services to meet the problems or opportunities of the business.
Explanation:
System analysts can be defined as a person or people that identify the problems in the business or company. The system analysts also proposes possible solutions for the problem using information technology. To identify different problems and solutions to them, a system operator must know about different operating systems.
The system analysts can also suggest ideas for improvements in a business or company and can generate designs for implementing the changes.
Answer:
a. a tactical control.
Explanation:
A tactical control can be defined as a collection of operations used to meet the objectives of an organization.
In this scenario, Suliman manages a manufacturing plant in North Carolina. Customers are unhappy over late deliveries. Inventories of some parts are high. Others are critically short. Senior management told him he has 3 months to become profitable or the plant will close. In this case, the plant’s income statement is a tactical control.
An economist would probably agree that prices set by supply and demand are primarily measures of the demand and purchase power of the customers and the producers within a market.
Supply and demand define the amount of a good or service that is available for purchasing. Not only do the products need to be available for purchase, consumers must want to buy the product or service as well. Both of these factors set the price point a company puts on an item.