This Exemption of Sales tax would apply if you are a (religious, charitable, scientific or education organization) customer working in the food industry. Purchasing and using fuel and/or electricity by the manufacturer for industrial processes.
What is Sales Tax in Michigan?The government levies a consumption tax known as a sales tax on the purchase of goods and services. At the point of sale, a standard sales tax is imposed, collected by the shop, and paid to the government.
The state sales tax in Michigan (MI) is presently 6%. When certain products and services are sold, a government entity (local or state) will collect sales tax as payment.
Who is Exempt from paying sales tax in Michigan?Your energy bills can qualify for a tax exemption from sales. If you are a: then you would be immune from this.
501(c)(3) company (religious, charitable, scientific or education organization)customer working in the agricultural industryPurchasing and using fuel and/or electricity by the manufacturer for industrial processesThe State of Michigan mandates that you fill out a Certificate of Exemption in order to apply for exempt status. The day the form is signed constitutes the effective date of the sales tax exemption.
Who is Exempt from Tax?
Normally, you can avoid paying withholding tax if two conditions hold true: Because you had no tax liability in the previous year, you received a refund of all federal income tax withheld. This year, you anticipate the same thing to occur. Revenue Service Internal.
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what does the fed auction at the term-auction facility? question 14 options: loans with the quantity determined at the auction loans of a quantity it sets
The Federal Reserve offered term funds for auction to depository institutions as part of the Term Auction Facility (TAF).
How do term auction facilities operate?The Federal Reserve offered term funds for auction to depository institutions as part of the Term Auction Facility (TAF). Participation in TAF auctions was open to any depository institutions that qualified to borrow money under the primary credit program. All loans received collateral backing in full.
How is credit auctioned by the Fed conducted?By providing banks with short-term capital, the Fed's credit auctions serve to expand the money supply. For fear of being revealed as having inadequate finances, banks were first hesitant to accept loans via the discount window.
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#5 A bias of -10 means A. You are over forecasting B. You are under forecasting C. Your forecast is almost perfect D. It tells you nothing about your forecast
A bias of -10 means that you are under forecasting. It states that "B. You are under forecasting" is the correct answer to the question "5 A bias of -10 means".
Similarly, it also states that "B. You are under forecasting" is the correct answer to the same question. A bias is an error term used in forecasting, it measures the difference between the actual value and the forecast value. A positive bias indicates that the forecast is consistently too high, while a negative bias indicates that the forecast is consistently too low. A bias of -10 means that the forecast is consistently 10 units too low compared to the actual value.
It describes the process of creating forecasts and calculating bias, but does not specifically mention the meaning of a bias of -10.
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19. what was the advantage of a joint-stock company in colonization? a. it provided support from multinational organizations. b. it allowed for significant military advantages. c. it provided full financial backing from the government. d. it allowed many investors to pool their resources.
It provided support from multinational organizations was the advantage of a joint-stock company in colonization.
What in colonization is a joint-stock company?
A joint-stock corporation was made up of investors who pooled their funds to start a business and divided the earnings if it was successful. It turned out that the Crown and investors were interested in using such a deal to finance colonial endeavors.
What Benefits Did Joint Stock Companies Offer?
Rather than relying on a single investor, joint-stock businesses can generate a significant amount of capital by issuing shares. As a result, they served as a useful financial instrument for colonial projects that were too costly for a single investor to support.
A colony that would, ideally, turn a profit was supported by joint stock firms, which allowed a number of investors to pool their resources.
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when borrower max was approved for an fha loan, he knew that the cost of the loan would be passed to him in one of two ways. which would be paid at the time of closing as an fha fee?
The maximum loan amount permitted varies depending on the geographic area and is determined as a percentage of the current conforming loan limits with a ceiling based on the area's median house price. A value equal to 115% of the median property price in each location is used by the administration to determine loan restrictions each year.
How are FHA loan limits established? Based on county-by-county conforming standards, the HUD sets lending ceilings for FHA loans. Based on county-by-county conforming loan restrictions, HUD sets lending ceilings for FHA loans. Lower-cost and higher-cost locales have different FHA loan restrictions.By county, there are different FHA loan maximums.The maximum purchase money loan amount for an FHA insured loan is 96.5% of the sales price or appraised value, whichever is less.Using 31% of your salary for housing costs and 43% for those costs as well as other long-term debt is permitted by the FHA, according to the organization's official website.To Learn more About maximum loan amount refer To:
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which of the following is not a form of nonverbal communication? a. the appearance of a business document b. the adjectives used in a sales letter c. showing up late for a job interview d. raising one's voice when angry or frustrated
The adjectives used in a sales letter is not a form of nonverbal communication The adjectives used in a sales letter.
What is nonverbal communication in business?Through actions rather than words, nonverbal communication provides cues to others. Nonverbal responses can be used to convey a variety of emotions, including joy, interest, concern, gratitude, and confidence. This can involve communicating with your hands, your eyes, your body language, your appearance, your facial expressions, and your tone of speech. Verbal and nonverbal exchanges are the two main types of communication. Whether verbally or in writing, verbal communication uses words to express a message. Nonverbal cues include things like your posture, facial gestures, and eye contact.A type of correspondence used in sales is the sales letter. This letter is an attempt to promote a product. A good technique to communicate with customers is through sales letters. It could aim to attract the attention of a particular demographic. It is comparable to a salesperson explaining the goal while composing a letter.To learn more about nonverbal communication in business refer to:
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Products include goods and services, as well as _____, which are thoughts, opinions, and philosophies. Intellectual concepts such as these can be marketed, just as goods and services can.
Ideas, which are thoughts, views, and philosophies, are products as well as goods and services. These kinds of intellectual ideas are marketable, just like products and services.
What is meant by Intellectual concepts?When referring to topics like literature or philosophy, which are known to elicit in-depth discussion, the adjective "intellectual" is frequently used to express rigorous reasoning and in-depth thinking.
Intellectual self-confidence is the capacity to work outside of a constrained scope of subject-matter expertise, to think flexibly and creatively about how one's current skills and knowledge can be applied to a problem at hand, to switch between projects as necessary, and to learn about new topics and methodologies as required.
A child's ability to reason and think conceptually grows during their cognitive or intellectual development. To make sense of the world they live in, individuals must organize their minds, concepts, and ideas.
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Common stockholders have the right to ___ a. vote at stockholders' meetings. b. share in any dividends distributed to common stockholders. c. sell their stock. d. all of the other answers are true.
All of the other responses are true (option d), i.e., common stockholders have the right to vote at stockholders' meetings, participate in dividend distributions, and sell their shares.
A common stockholder is what?A person who has acquired at least one common share of a corporation is referred to as a common stockholder. Common shareholders are entitled to declared common dividends as well as a vote on corporate matters. In the event of bankruptcy, common shareholders are compensated last, following preferred shareholders and debtholders. Six rights are granted to common shareholders: voting power, ownership, the ability to transfer ownership, dividends, the ability to view corporate records, and the ability to bring legal claims for wrongdoing.
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which answer describes something that:does not have to conform to uspap standardsis often utilized in the foreclosure processis less costly than comparable options
The commonly accepted moral and performance guidelines for the appraisal industry in the US are contained in the Uniform Standards of Professional Appraisal Practice (USPAP).
The United States of America, usually known as the US or America, is a country that occupies a substantial portion of the American continent. 50 States, 9 Minor Outlying Islands, 5 Significant Unincorporated Territories, and 326 Indian Reservations make up the union. In terms of overall area and land, it is the third-largest country on the planet. A number of nations, including Russia, Cuba, and the Bahamas, share its maritime borders. With a population of more than 333 million, it is the most populous country in the Americas and the third most populous country overall. The financial center and capital city of the nation is Washington, D.C.
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According to the Department of Agriculture, which of the following land types constitutes the lowest percentage of land use in the United States?Multiple Choicecrop landfederal land and water areasforest landdeveloped land
According to the United States Department of Agriculture, developed land constitutes the lowest percentage of land use in the United States. Thus Option E is the answer.
Developed land, also known as urban or built-up land, includes areas such as residential neighborhoods, commercial districts, and industrial parks. It is the land that has been modified or built upon for human use.
This type of land use typically has the lowest percentage in the United States because it is limited to specific areas where there is a high population density, such as cities and towns. In contrast, crop land, federal land and water areas, and forest land are more prevalent and cover larger areas of the United States.
Crop land is used for growing crops and other agricultural purposes, federal land and water areas include national parks, wildlife refuges, and other protected areas, and forest land is mostly covered by trees and is used for logging, recreation, and conservation.
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marahhaas started a software development firm. she does not have the resources package and market the software so she partnered with zenith llc. what is the financial relationship between marah and zenit
The financial relationship between Marah and Zenith LLC will depend on the terms of the agreement they have established.
Generally, a partnership will involve each partner providing resources such as capital, labor, or expertise to help develop the software. Both parties will benefit financially from the success of the software. Marah may provide the software development expertise while Zenith LLC may provide the resources to package and market the software. They may also split the profits from the software sales, or they may agree to a different financial arrangement.
Therefore, the provisions of the agreement Marah and Zenith LLC have developed will govern their financial connection.
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(slope mc) a bakery is selling breakfast platters. a platter of 12 bagels costs $10.20. additionally, it costs $4.65 for a gallon of coffee. what is the slope of this situation? 10.20 4.65 0.85 0.12
(slope mc) a bakery is selling breakfast platters. a platter of 12 bagels costs $10.20. additionally, it costs $4.65 for a gallon of coffee. c) 0.85 is the slope of this situation.
Given the price of $10.20 for a tray of 12 bagels
A gallon of coffee costs an extra $4.65.
We translate the circumstance into the equation of the line to obtain the slope. The slope or gradient of a line in mathematics is a quantity that specifies both the direction and the steepness of the line.
y=mx+c
Here, c represents the additional cost of $4.65.
12m=10.80
The cost of 12 bagels is $10.20, and the slope is the cost of each bagel
m=10.20/12
m=0.85
m=$0.85
As a result, the slope of the presented circumstance of the bakery offering the breakfast platter of 12 bagels and a gallon of coffee is option c 0.85.
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Answer: the answer is C
Explanation: i took the test and got it right
attracting clients is not a concern for a corporate legal department. group of answer choices true false
False
It is important for corporate legal department to attract clients and understand their needs. this happens through communication and networking.
Even after the advancement of technology in-person impression is something that can give a better experience than virtual meets, It is the best way for lawyers to learn about their clients.
Standard procedures for acquiring new corporate clients need to be updated and modified to reflect the current environment. In particular, we'll examine how you can utilize it, networking at events, recommendations, and online marketing avenues
Corporate law firms are renowned for obtaining clients during in-person networking events. Such gatherings are excellent opportunities to get to know freshly appointed general counsel or a chief compliance officer regularly.
Startup attorneys regularly coach new businesses and teams and attend pitching events.
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for which reasons would marketers consider a cross-cultural analysis important? (check all that apply.)
The reasons marketers consider a cross-cultural analysis important are:
It tells marketers what customs are considered normal and expected. It tells marketers what a society values. It tells marketers what is represented by symbols.Advertising and marketing is the technique of exploring, creating, and turning in fees to fulfill the wishes of a goal marketplace in phrases of goods and offerings; probably which includes the selection of an audience; selection of fantastic attributes or situation matters to emphasize in advertising and advertising; operation of marketing and advertising and marketing campaigns; attendance at alternate suggests and public activities; layout of products and packaging attractive to customers; defining the phrases of sale, such as rate, reductions, warranty, and cross returned coverage; product placement in media or with people believed to steer the shopping for conduct of others; agreements with stores, wholesale vendors, or resellers; and attempts to create a reputation of, loyalty to, and brilliant feelings approximately a logo.
Advertising and Advertising are generally finished via the seller, generally a shop or producer. sometimes the venture is contracted to a devoted marketing firm or advertising company. extra hardly ever, a trade association or government enterprise (which includes the rural marketing provider) advertises on behalf of a whole industry or locality, often a selected sort of food (e.g. were given Milk?), food from a specific area, or a metropolis or area as a tourism destination.
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what is deglobalization? a. the capacity to recover quickly from difficulties b. resources that allow an organization to adapt successfully to pressures c. weakening economic interdependence among countries d. coordinated activities involved in the production of a good or service
Deglobalisation can be described as motion closer to a less related world, characterised by way of powerful nation states, nearby solutions, and border controls, as a substitute than world institutions, treaties, and free movement.
What are the motives for deglobalisation?Widening Income Inequality Triggers Resentment Toward Globalization. Playing Catch-up Causes Tension Between Advanced Economies and Emerging Markets. Fourth Industrial Revolution Will Reshape the Global Supply Chain. Population Aging Leads to Secular Stagnation.
But deglobalization will in all likelihood make a contribution to inflationary pressures by increasing companies' working costs, thereby preserving US inflation greater than the 1-2% vary recorded over most of the previous decade and hovering close to the Fed's 2% target rate.
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https://brainly.com/question/25499191#SPJ4carter swimming pools has $13 million in net operating profit after taxes (nopat) in the current year. carter has $8 million in total net operating assets in the current year and had $6 million in the previous year. what is its free cash flow? enter your answer in dollars. for example, an answer of $1.2 million should be entered as 1,200,000. round your answer to the nearest dollar.
The answer is 1.4 million dollars which when rounded of would be 14,000,000.
What is a brief explanation of tax?A tax is a compulsory payment or charge that local, state, and federal governments levy on citizens and corporations to fund essential public goods, services, and operations.
What can a child understand about taxes?There are numerous ways for governments to raise money. They may impose fees for items like driver's licenses, as an example. But virtually every government receives funding by simply levying a set amount on its constituents. Taxes are the name for this money.
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In the management of cash and marketable securities for a firm, why should the primary concern be for the safety and liquidity rather than maximization of profit
The main focus should be on safety and liquidity rather than maximizing profits because the money must be available when it is needed.
The balance sheet's marketable securities are what, exactly?Marketable Securities, which are the liquid assets that are easily convertible into cash and are listed under the current assets heading on the company's balance sheet, include, as just a few examples, Treasury bills, commercial paper, and other types of money market instruments.
Marketable securities – are they a current asset?Marketable securities are highly liquid assets that can be quickly converted to cash without losing value. As current assets, which are those that are projected to be converted into cash in less than a year, they are often not a component of a company's operations.
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to better organize his lawncare business, steven is dividing each job into several parts. mark is the fastest on the riding mower, manny can rake up every tiny piece left on the lawn, and steven is a master edger. if he assigns employees to their best strength, what would this action exemplify?
This action would exemplify the concept of task specialization, which is the practice of assigning a specific job to the employee who is best suited for it.
What is employee?Employee is an individual who is hired by an organization to perform specific tasks and activities related to the organization’s operations. Employees provide labor, skills, and expertise in exchange for compensation and benefits, including wages, health insurance, and retirement plans. Employees are expected to fulfill the organization’s requirements and objectives, and to comply with the organization’s policies, procedures, and protocols. They are also required to adhere to laws, regulations, and safety standards. Employees are an essential part of any organization and are a key factor in the success of the business.
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a borrower has a 30-year, $500,000 loan with an interest rate of 6.25%. his monthly principal and interest payment is $3,078.59. how many payments will he make over the course of the loan?
His total amount of interest over the period of 30 years would be $608,290.26.
What is principal and interest payment?The amount you initially promised to repay, or the principal, is what you owe. The fee for borrowing principal is known as interest. The principal is the sum of money you borrow when you first obtain a mortgage. Simply deduct the down payment from the final selling price of your home to determine your mortgage principal. Generally speaking, you want to make principal payments as little as possible. It is best to avoid paying interest as much as you can within the parameters of your loan because doing so will cost you more money.
The amount of his loan will be determined based on the principal balance following each monthly payment.
For instance, his first payment at 6.25% interest would be ($500,000*6.25%= $31,250/12 = $2,604.17) on the full amount of $500,000.
To determine the monthly payment amount, we divide the total amount of interest by 12.
As soon as we have the interest amount, we subtract it from the $3,078.59 total monthly payment to arrive at the principal payback amount, which for the first month equals $474.42.
Then, we subtract this principle payments from his original loan total of
$500,000 to arrive at his new balance of $499,525 (which will be subject to interest at a rate of ($499,525*6.25%/12 = 2601.7)).
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source selection criteria for selecting a contractor might include: production capacity, business size and type, past performance, and references. these are all examples of typical criteria within which category?
A seller must fulfill or surpass a set of criteria known as source selection criteria in order to be chosen for a contract.
What is source selection?The term "source selection" or "sourcing" refers to a variety of procurement procedures used to identify, choose, and assess potential suppliers of goods and services. Advanced analytics, market data, information on the performance of the suppliers, and a well-developed strategy must all be used to support these activities. You can find out information about a local or international supplier through advertisements, trade publications, professional associations, online databases, trade shows, corporate purchase records, chambers of commerce, foreign embassies, distributors, etc. In a market, buyers and sellers interact with one another either directly or indirectly to buy or sell goods. When looking for a good supplier, the supplier market analysis must be taken into account.
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which of the following represents positive economics? group of answer choices if policy a is followed, then outcome b results. outcome b is the best objective to achieve. all of these choices are positive economic analysis policy a is fair.
(C) If policy A is put into practice, then the economic outcome B indicates positive economics.
What is positive economics?The description, quantification, and explanation of economic processes, expectations, and related phenomena are the main goals of the field of positive economics.
It is supported by unbiased data analysis, pertinent information, and related numbers.
The approaches taken by positive and normative economics to economic circumstances are different.
The goal of positive economics is to accurately comprehend and explain economic phenomena.
The goal of normative economics is to provide answers that are based on values.
If policy A is implemented, then result in B represents profitable economics.
Focusing on the facts and taking behavioral links between causes and effects into account to both to explain current economic conditions and predict the future is the foundational principle of positive economics.
Therefore, (C) if policy A is put into practice, then the economic outcome B indicates positive economics.
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Correct question:
Which of the following represents positive economics?
a) Policy A is fair
b) Outcome B is the best objective to achieve
c) If policy A is followed, then outcome B results
d) All of these choices are positive economic analysis
candi reviews joey's offer to buy her home and makes one change to the terms he is proposing. can candi bind joey to a counteroffer by signing her modified version of joey's offer?
No, Candi cannot bind Joey to a counteroffer by signing her modified version of his offer.
Can candi bind joey to a counteroffer by signing her modified version of joey's offer?Joey must agree to the modified terms and sign the counteroffer himself in order for it to be binding.No, Candi cannot bind Joey to a counteroffer by signing her modified version of Joey’s offer. According to the basic principles of contract law, a contract is only formed when two parties, the offeror (Joey) and the offeree (Candi), mutually agree to the same terms and sign the documents, creating a valid and binding agreement. When Candi reviews Joey’s offer and makes a change to the terms, she is no longer accepting the original offer, but instead is proposing a different contract with different terms, known as a counteroffer. If Joey decides to accept the counteroffer, then both parties must sign a new agreement that outlines the updated terms that both parties have agreed to. However, if Joey does not accept the counteroffer, he is not bound by it in any way. In this case, Candi cannot bind Joey to a counteroffer by signing her modified version of Joey’s offer. It is important to remember that both parties must agree to the same terms before a contract can be formed and binding.To learn more about "unequal acceptance" refer to:
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you are reviewing a company's financial statements to assist a customer. what kind of information is most likely to be found in the footnotes to those financial statements?
Important financial information, such as the accounting techniques utilized and significant management philosophies that could affect the company's performance, will be included in the footnotes.
What Are Footnotes to Financial Statements?The footnotes to the financial statements refer to supplemental information that helps to clarify how a company arrived at its financial statement data. They also aid in explaining any anomalies or any contradictions in year-to-year accounting techniques. It serves as a supplement, offering clarification to those who need it without having the information included in the statement's main body. Nevertheless, the data provided in the footnotes is frequently significant and may indicate hidden problems with a company's financial stability.
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The optimal interest rate for the Federal Reserve to target: Macroeconomics or Microeconomics
The ideal level of government spending is a macro issue since it affects the entire economy. As a macroeconomic premise, the federal reserve should seek an interest rate that is optimal.
When the Federal Reserve wants to encourage economic development, what does it do with the money supply?The Fed can increase the amount of money in circulation by lowering the reserve requirements for banks, allowing them to extend more credit. On the other side, the Fed can decrease the amount of money in circulation by raising the reserve requirements for banks.
What sort of monetary policy involves increasing the amount of money in circulation?An expansionary monetary policy lowers short-term interest rates or increases the money supply more quickly than usual. It is carried out by central banks and achieved through open market trading, reserve requirements, and interest rate setting.
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Darren and Natalie are first-time buyers who have decided to purchase a newly build townhouse. Their agent Jenner tells them that they're required to purchase a third-party home warranty. Which of the following conditions must be true?
The conditions from Darren and Natalie must be true when they are using an FHA-insured loan.
What is FHA-insured loan?Lenders are safeguarded against losses through FHA mortgage insurance. We will pay a claim to the lender for the outstanding principal amount in the event that a property owner fails on their mortgage. Lenders are able to provide more mortgages to homebuyers because they are taking on less risk. Low credit score requirements compared to conventional loans Limits on DTI are higher than those for traditional loans. Regardless of credit score, mortgage insurance rates remain the same. a number of initiatives, including financing alternatives for energy-efficient refurbishment and reverse mortgages. No upper income thresholds.
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if the large number of new guests entering the fair happened at the same time that the new cheese pretzel stand open how would the equilibrium price and quantity for cheese pretzels change? Explain.
Given that both Demand and Supply have moved to the right in this scenario, there would be a new equilibrium point.
What is the equilibrium price and quality?The balance between supply and demand determines an equilibrium price. Unless certain aspects of supply or demand alter, prices have a tendency to return to this equilibrium. When either supply or demand shifts or moves, or when both do so, the equilibrium price changes.The equilibrium price is shown on a graph by the point where the supply and demand curves converge. Any price higher or lower than this one results in a surplus or a deficit, accordingly. Quantity provided minus quantity demanded, or Sq=Dq, is its formula. The consumer buys all the producer produces at this price.Equilibrium quantity is the amount of a good that is sold in the market when the amount that sellers are willing to sell and the amount that buyers are willing to buy are exactly equal.To learn more about equilibrium refer to:
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laura has submitted her application to be a sales associate. she wants to know how long the frec has to contact her about errors in her application. where in the florida statutes should she look for that information?
Caveat emptor says that buyers must exercise due diligence before making a real estate purchase.
What does buying accomplish?The purchase procedure is within the purview of purchasing. In order for manufacturing and sales to proceed smoothly, it secures the supply of commodities, production materials, and equipment. For this, the proper commodities must be purchased at the proper time and in the proper amount.
What is a good example of buying?When anything is gained in return for money of any kind, such as goods or services, it is referred to as a purchase.. The typical forms of payment are cash or credits (to be paid later). A purchase might also be apart of a barter exchange where various non-cash goods are traded, or it could be made in return for
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Which of the following is NOT considered a readily available source of financial information on publicly traded U.S. companies
Answer:
The Federal Reserve Bank, often referred to simply as "the Fed".
During the postpurchase behavior stage of the organizational buying process, which of the following is MOST LIKELY to occur?a) The buyer experiences cognitive dissonance.b) A supplier's performance is formally evaluated.c) Individuals outside the purchasing department are initially consulted.d) The buyer and seller renegotiate the terms of the contract.e) The buyer experiences secondary problem recognition.
Supplier evaluations are performed for two main reasons: to qualify new suppliers and to gauge the quality of the current supplier relationships. If a business wants to survive in today's fast-paced marketplaces, it must make critical decisions, including how to evaluate its suppliers.
The term "supplier evaluation" refers to the process of formally analyzing a company's suppliers to evaluate whether or not they match the company's requirements. The goal is to compile a list of potential vendors that is both high-quality and low-risk.
Procurement departments often evaluate suppliers as part of the pre-qualification phase of the buying process. To put it another way, supplier evaluation is the process of determining if a given supplier is a good fit for your company.
Considers the suppliers you already work with to assess their efficiency and find ways to cut costs, lessen risks, and boost efficiency. Aligning goals, data, and analysis with suppliers in a transparent and fair manner is the first step in conducting an effective supplier assessment.
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The right way of asking the question is:
During the postpurchase behavior stage of the organizational buying process, which of the following is MOST LIKELY to occur?
(a) The buyer experiences cognitive dissonance.
(b) A supplier's performance is formally evaluated.
(c) Individuals outside the purchasing department are initially consulted.
(d) The buyer and seller renegotiate the terms of the contract.
(e) The buyer experiences secondary problem recognition.
An assignment must always be in writing.True or False
It is a two-step transfer of rights under a contract: (1) An agreement made between just two parties. (2) One of the parties' later transfer of rights under such agreement to a third party.
What is an assignment?A contract's rights are transferred in two steps as follows: A deal that involves just two parties, (1) (2) Later transfer to a third party by one of the parties of rights under that agreement.
When rights are assigned, they are given from the "assignor" to the "assignee," with the former serving as the new owner. Some additional rights and obligations that come with the assignment are decided by the legal structure of the assignment and the contractual clauses of the agreement between the parties.
It is not required that the assignment be made in writing, but the agreement for the assignment must indicate the transfer of rights.
Therefore, the statement is false.
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when there is a substantial probability that death or serious physical harm could result, and the employer knew or should have known about the hazard, what type of violation is it?
A violation where there is substantial probability that death or serious physical harm could result and that the employer knew, or should have known, of the hazard. OSHA may propose a mandatory penalty of up to $12,471 for each serious violation.
What is violation what type of violation ?The United States' Occupational Safety and Health Administration (OSHA) Act guarantees that workplace safety regulations are upheld. OSHA inspectors conduct periodic inspections at workplaces and businesses to make sure the law is being followed.If an OSHA inspector finds during an inspection that a working danger caused a worker to become ill or injured but did not cause death or significant physical harm, the inspector will record this as an Other-than-Serious Violation.When there is a high likelihood that a workplace accident would result in death or other significant physical harm, and the employer knew about or should have known about the dangers yet took no action, that is considered a serious violation.A serious violation is defined as when there is substantial probability workplace hazards can cause an incident that would most likely result in death or serious physical harm, and that the employer knew, or should have known about the potential risks and did nothing to address it.
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