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2 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]2 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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Heidi opened her first checking account. she deposited $500 into the account. list four ways heidi can withdraw money from her c

alisha [4.7K]

She can write a check, she can withdraw money from ATM, she fill out a withdrawal slip, she can transfer money to another account

7 0

2 years ago

Read 2 more answers

Products should be specified by brand because: a. price levels of brand items are low b. the number of potential suppliers is re

Ipatiy [6.2K]

Answer:

C. It is difficult to develop accurate specifications for an item.

Explanation:

A product can be defined as any physical object or material that typically satisfy and meets the demands, needs or wants of customers. Some examples of a product are mobile phones, television, microphone, microwave oven, bread, pencil, freezer, beverages, soft drinks etc.

Generally, these products are manufactured and distributed through different marketing channels to various wholesalers or retailers before it gets to the consumers or customers.

Hence, each product should be distinguished from another through its brand name in order to enhance easier identification by the customers.

Products should be specified by brand because it is difficult to develop accurate specifications for an item. Thus, when a supplier such as a retailer or wholesaler wishes to place an order to a manufacturer, he or she should specify the order by brand.

7 0

2 years ago

Kathy wants to buy a condominium selling for $95 comma 000. The taxes on the property are $1500 per year, and homeowners' in

kumpel [21]

Answer:

Check the answers below!

Explanation:

There is just one question despite the exercise requires completition of 7 additional numerals.

a. Required down payment = Price of the condominium * interest rate required by the bank.

$95.000 * 20% = $19.000

b. 28% of adjusted monthly income is:

(5000-145)*28%=

1359.4

c. Monthly payments of principal and interest for a 25-year loan.

Using PV of ordinary annuity formula,

with PV of the bank loan =96000*80%=76800

d.Total monthly payment=

671+((346+1400)/12)=

817

e.YES---- 817 < 1359.4

f. Amt. of First payment on the loan applied to the principal:

671-(76800*0.00792)=

62.74

ie.$ 63

g.Total amount she pays for the condominium with a 25-year conventional loan(without including taxes & homeowners' insurance)

671*12 mths. *25 yrs. =

201300

h) So, Total interest paid for the 25-year loan:

201300-76800=

124500

No.of periods=25*12=300

at monthly interest of 9.5%/12=

76800=Pmt.*(1-1.00792^-300)/0.00792

Solving the above, we get the monthly payment as 671

5 0

2 years ago

Mission Foods produces two flavors of tacos, chicken, and fish, with the following characteristics:

postnew [5]

Answer:

1. $858,000

2. Chicken = 24,000 units and Fish = 36,000 units

Explanation:

The computation is shown below:

1. The anticipated level of profits for the expected sales volumes is

= Expected sales of chicken × (Selling price per taco - Variable cost per taco) + Expected sales of fish × (Selling price per taco - Variable cost per taco) - total fixed cost

= 200,000 × ($3 - $1.50) + 300,000 × ($4.50 - $2.25) - $117,000

= $300,000 + $675,000 - $117,000

= $858,000

2. The break even volume is

Let we assume the sale units be X

So, total units sold for chicken = 40X

And, for the fish it is = 60X

Sale units of chicken × (Selling price per taco - Variable cost per taco) + Sale units of chicken × (Selling price per taco - Variable cost per taco) = Total Fixed cost

0.40X × (3 – 1.50) + 0.60X × (4.50 – 2.25) = $117,000

0.60X + 1.35X = $117,000

1.95X = $117,000

So, the X is 60,000 units

So for chicken it is 60,000 × 40% = 24,000 units

And for fish it is 60,000 × 60% = 36,000 units

7 0

2 years ago

_______ is the ability to anticipate, envision, maintain flexibility, think strategically, and work with others in the organizat

Leni [432]

Answer:

The correct answer is c) Strategic leadership

Explanation:

Strategic leadership is the ability to anticipate, envision, maintain flexibility, think strategically, and work with others in the organization to initiate changes that will create a viable and valuable future for the organization.

Strategic leadership can also be explained as the capability for employing strategies in the management of employees.

7 0

2 years ago