Answer:
A) straight rebuy
Explanation:
Based on the information provided within the question it can be said that this type of purchase is classified as a straight rebuy. Like mentioned in the question this is a type of purchasing or reordering of supplies , and is done from an approved list held by the company in order to try and maintain the product's quality (since they already know the approved company sells good quality) as well as save time on having to research other suppliers.
Answer:
True - Contracts that cannot be completed in less than one Year must be written
Explanation:
The extract from the scenario that requires focus for the answer to the question is that ''<u>In 2006 Mann and Harris were asked by HIS to work on another conversion of an apartment building</u> known as Park West. For this project Mann and Harris were again <u>orally promised </u>a bonus (above their salary) using the formula similar to the Windsor Park conversion.<u> It was understood that this project would also require two or three years to complete.</u>''
Under statute of frauds, it is required that contracts that will last for more than 1 year should be written to be enforceable.
<u>At the point where Mann and Harris were asked to perform another construction of apartment that would take up to two or three years to complete, they ought to have requested that the contract be in writing.</u>
His had taken undue advantage of the knowledge of the Law and refused to them the bonus, yet in the eyes of the Law, according to statute of frauds, he cannot be wrong.
Answer:
E. Centralized Authority.
Explanation:
As Typhanie, a customer service representative with WestComm Wireless Services, was asked by one of her customers if WestComm would be interested in joining the chamber of commerce to meet potential customers and increase its contacts in the local business community. Typhanie believes this is a very good idea and approached her manager, Deondre, about becoming a chamber member. Deondre said to Typhanie, "Because the cost of membership is over $500 and you will have to leave the office to attend meetings, I will have to get approval from management above me." WestComm is an example of an organization with centralized authority.
In centralized authority, the decisions are made from the top level management or decisions are made from certain managers. Anyone can't make decisions by his or her own in this kind of management style. This system has many flaws as well. As we have seen here in this case, Typhanie is interested in going to chamber of commerce which definitely will be very good for the organisation but when she approached her manager Deondre, he said he even himself can't decide about it, he has to get the orders from his boss. Although the event can be good for the organisation but centralized decision making has made it almost impossible.
Answer:
<em>Among the attributes Sarah should have about </em><em>SMART goals</em><em> is:
</em>
S: Specific: She knows what company she wants to work in and the job she wants to do.
M: Measurable: Get the job.
A: Achievable: her good grades
A: Relevante: her passion for her career and her gift for architecture.
T: Time limit: Not relevant.
Explanation:
The SMART method is used by companies or by individuals to achieve a proposed goal. Generally, the SMART method is used as an orientation method for developing and finalizing the proposed plans to achieve each objective.
For example, in the case of Sarah, throughout her years of study, she developed some attributes that help her identify with the characteristics of SMART goals, to achieve employment.
<em>I hope this information can help you.</em>
Answer: depreciation expense for 2020 and 2021= $7, 521 and$10,137 respectively.
Explanation:
Depreciation cost = Purchase cost - Salvage value
= $54,500 - $2, 180
= $52,320
Given that useful life = 174,400 miles, we have that the
Depreciation per mile = Depreciation cost / useful life in miles
=$52,320/174,400 = $0.30 per mile
2020 Depreciation expense = 25, 070 X $0.30 = $7, 521
2021 Depreciation expense = 33,790 X $0.30 = $10,137
