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3 years ago

Briefly list and discuss two problems that a purchasing department sometimes has in meeting objectives.

2 answers:

6 0

A purchasing department may have difficulty getting a product quickly as it may not be readily available so may have to wait for it and also, there may be a problem getting a product at a reasonable price which means the purchaser would have to search elsewhere for it which could take time.

Harrizon [31]3 years ago

5 0

Two problems that a purchasing department sometimes has in meeting objectives are meeting demand and organization of employees.

If there is a shortage in available items for purchasing, the department store may not be able to bring in the products to help meet their objectives. Sometimes objectives for one type of company directly relates to the availability of product from another company. Also, if the purchasing department does not have organization of their employees, they could easily slack off which may result in not meeting objectives. Like any business or department, it's very important to make sure there is employee organization to help operations run smoothly.

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The dean of a school of business is forecasting total student enrollment for this year's summer session classes based on the fol

Fiesta28 [93]

Answer:

I used an Excel spreadsheet to calculate R² which gives us the least squares trend. See attached image.

y = 360x + 1600

R² = 0,9529

next year's enrollment should be = (360 x 5) + 1600 = 3400

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3 years ago

You deposit $509 in a savings account and one year later you have $562. At the same time, the CPI increases from 126 to 143. Wha

GaryK [48]

Answer:

real interest rate = -3.08%

Explanation:

real interest rate = nominal rate - inflation rate

nominal interest rate = [($562/$509) - 1] x 100 = 10.41%
inflation rate = [(143/126) - 1] x 100 = 13.49%

real interest rate = 10.41% - 13.49% = -3.08%

since the real interest rate is negative, the investor actually lost money in real dollars. This means that the amount of goods that the investor could purchase before making the investment is higher than the amount of goods he/she will be able to buy after the investment.

6 0

3 years ago

discuss the influences of supply and demand in your daily life. describe one good and one service you use daily, and describe th

tester [92]

Answer:

I use coffee daily. The supply for the coffee I bought (Colombian Coffee) is few then the price is expensive. As the price is expensive I can only buy 2 pounds of this item per month. My demand is affected for the price that producers set to this coffee. I would like to buy more but then the supply of this product is limited therefore the prices will always be high.

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3 years ago

Julio is in the 32% tax bracket. He acquired 9,000 shares of stock in Gray Corporation seven years ago at a cost of $20 per shar

xxMikexx [17]

Answer:

example below

Explanation:

4 0

3 years ago

Which of the following is a good example of inflation?

Ulleksa [173]

Answer:

D. It cost you $85 to gas up your car this month. But last month it only cost you $50.

Explanation:

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4 years ago