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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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A production line at V. J. Sugumaran's machine shop has three stations. The first station can process a unit in 9 minutes. The

Murrr4er [49]

Answer:

Station 1 is a bottleneck station because the processing time taken to process the product in such station is 9 minute when compared with Station 2 and Station 3

Explanation:

Station 1 = Processing time is 9 minutes

Station 2 = Processing time is 5 minutes per unit (15 minutes / 3 machines)

Station 3 = Processing time is 7 minutes

Thus, the Station 1 is the bottleneck station with a bottleneck time of 9 minutes per unit.

7 0

4 years ago

Select all that apply Select the components of a market analysis. (Select all that apply) Multiple select question. The economic

lukranit [14]

The components of market analysis include:

Three types of environment - economic, physical & technological.
The organization has its own capabilities.
Present & future competitor's analysis.
Customers' consumption process.

The following information related to the market analysis is:

It is a quantitative & qualitative market evaluation.
The market size in volume & in amount.
Purchasing patterns & segments of the customers.
Competition or rivalry.
Barries with respect to the entry & regulation of the economic environment.

Therefore we can conclude the above components of the market analysis should be considered.

Learn more about the market here: brainly.com/question/16623095

7 0

3 years ago

How is a credit union different from a bank?

svp [43]

Answer:

Explanation:

A credit Union is owned by its customers.

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3 years ago

Read 2 more answers

A subsistence economy is one that ________. A subsistence economy is one that ________. meets its needs without working for wage

BigorU [14]

Answer:

The options in the question are not well aligned,find below question with properly aligned options:

A subsistence economy is one that ________.

a. meets its needs without working for wages and purchasing necessities

b. meets its needs by overfishing lakes and rivers

c. purchases resources for immediate use

d. meets is needs while causing ecosystem destruction

e. purchases goods and services from others

Hence the correct option is A,meets its needs without working for wages and purchasing necessities

Explanation:

In a subsistence economy,every household provides for its own basic needs,without any need for specialization that leads to exchange.

Specialization is act of engaging in what one knows how to do best, that way efficiency and effectiveness are guaranteed, as every output would have been given a professional touch.

Exchange is the process by which individuals buys their needs from others using money earned from their own specialty as a medium of exchange

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3 years ago

The column headings on a statement of stockholders' equity best represent a.the column designations in the Stockholders' Equity

IgorC [24]

Answer: the row designations in the Stockholders' Equity section of the balance sheet.

Explanation: In simple words, statement of changes in equity refers to the financial statement of an organisation that represents the changes that occurred in the company's share capital , accumulated reserves and retained earnings over a specified period time, generally a year.

The columns of such a statement usually deficits the data for which the statement is made and the period for which the capricious is done or forecasting is done for future. These columns depicts the nature of amounts that are recorded with in rows with their titles in the first row.

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4 years ago