Bargaining power of buyer and supplier is high in a cost leadership strategy. Select one: a. True b. False
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A: The example for both the categories of products are discussed as follows-
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- 6. If the product is integral and the company has the knowledge but depends for the supplier capacity. Which of the following statement is correct: A. The company will face risks if it outsources this product. B. The company need to increase its capacity to produce the product. C. The company might benefit from outsourcing the product. D. The company should have a strategic partnership with the supplier. E. None of the above 7. Which of the following(s) contract(s) the buyer agrees to pay some agreed upon price for any unit produced by the manufacturer but not purchased by the buyer. A. Revenue sharing contract B. Buy back contract C. Quantity flexibility contract D. Pay back contract 8. Referring to the maturity model, the level of integration where buyers and suppliers have joint planning and forecast is: A. Ad Hoc. B. Defined. C. Linked. D. Integrated. E. Extended.Integrative ExerciseRelevant Costing, Cost-Based Pricing, Cost Behavior, and Net Present Value Analysis for NoFat Special Sales Offer Relevant Analysis NoFat manufactures one product, olestra, and sells it to large potato chip manufacturers as the key ingredient in nonfat snack foods, including Ruffles, Lays, Doritos, and Tostitos brand products. For each of the past 3 years, sales of olestra have been far less than the expected annual volume of 125,000 pounds. Therefore, the company has ended each year with significant unused capacity. Due to a short shelf life, NoFat must sell every pound of olestra that it produces each year. As a result, NoFat's controller, Allyson Ashley, has decided to seek out potential special sales offers from other companies. One company, Patterson Union (PU)—a toxic waste cleanup company—offered to buy 10,000 pounds of olestra from NoFat during December for a price of $2.20 per pound. PU discovered through its research that olestra has proven to be very…Firms that indulge in price fixing: Question 46 options: a) charge different prices to different customers. b) undercut the price quoted by a seller to a buyer. c) decide how much to charge for a product. d) do not sell to two or more different buyers.
- Total cost of ownership Question 2 Which one of the following is NOT one of the Strategic Cost Management Tools? O Cost Breakdown Analysis O Total Cost of Ownership O Value Analysis O Price Analysis O Spend Analysis Question 3 Which statement is FALSE: Price analysis is used for strategic buy33. Two offers were received by the broker at the same time, what action must the broker take? о Only present the offer with the least number of contingencies. О Only present the highest offer. Wait 24 hours for more offers to come in and present them all together. О Present both offers to the seller.As purchasing agent for Eynan Enterprises in Richmond, Virginia, you ask your buyer to provide you with a ranking of "excellent" (worth 4 points), "good" (3 points), "fair" (2 points), or "poor" (1 point) for a variety of characteristics for two potential vendors, Donna Inc. (D) and Kay Corp. (K). You suggest that "Products" total be weighted 0.4, the "Company" total be weighted 0.2, and the "Service" and "Sales" totals each be weighted 0.2. The buyer has returned the following ranking. Which of the two vendors would you select? Click the icon to view the rankings. Part 2 You should choose vendor ▼ Donna Inc. Either Kay Corp. or Donna Inc. Kay Corp. , with a weighted score of ________. (Enter your response rounded to one decimal place.)
- Q2. Jack and Jill arrived early for a meeting with a company’s Chief Security Officer (CSO). They were asked to wait in the meeting room of the company. While waiting, Jack saw the whiteboard has several company strategies. Jill found the minute of meeting document on the table near her seat, in the meeting room. a) What are TWO (2) human (company’s staff) mistakes as Security Weaknesses in the above situation? b) Give THREE (3) possible security threats that can happen in this situation?32.Fuller Paints shipped the wrong shade of paint to a customer. The customer agreed to keep the paint upon being offered a 10% price reduction. The price reduction is an example of a a. sales return b. sales discount c. sales allowance d. sales revenueAll of the following are advantages to contracting except: a. Reducing income riskb. Assuring a market for a commodityc. Eliminating default risk of a single buyerd. Ensuring and rewarding for quality
- Q2: write a 300 words essay on " Poverty leads to crime"Answer on b) Sales price = 80 kr Purchase price = 30 kr 80 – 30 = 50 kr profit 20 magazines * 80 kr = 1.6000 kr which will maximize the profit over time. Still dont get the answer on question c)28. 4.4 The Gorman Manufacturing Company must decide whether to purchase a component part from a supplier or to manufacture the component at its own plant. If demand is high, it would be to Gorman's advantage to manufacture the component. If demand is low, however, Gorman's unit manufacturing cost will be high because of underutilization of equipment. The projected profit in thousands of dollars for Gorman's make-or-buy decision is as follows. Demand Medium $40 $45 Decision Manufacture component Purchase component a. Determine the best decisions using the maximax, maximin, and opportunity loss decision criteria. b. Assume that the probability of low demand is 0.35, of medium demand is 0.35, and of high demand is 0.30. What is the best decision using the expected value criterion and what is the expected value of perfect information? Low $220 $210 High $100 $70
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