Sales are normally considered to have been earned when

Q: When consumers believe only a finite supply of a product exists, the perceived value of the product…

A: Since you have asked multiple questions, we will answer the first question for you. If you want a…

Q: urrent agreement called asupplier-managed warehouse and charges it only as the manufacturer…

A: Here the given facts include that the production organization has reached a new deal with a big…

Q: Your task is to ensure that the supplies in the office are used for their appropriate purposes. One…

A: It is more often than we would like to believe that corporate resources are used for personal gain.…

Q: Define the  terem Exchange control?

A: Governments may want to save foreign cash in a scenario when the balance of payments is getting…

Q: Demand is essential for selling a product and it depends on ability to buy. Select one: a. False. b.…

A: Market Demand refers to the quantity of goods that consumers of a particular market are willing to…

Q: The repeated observations of demand for a product or service in the order of occurrence form a…

A: Step 1:  The above statement is correct. A time series is essentially a sequence of data points…

Q: FOB retailer means: -the vendor pays the transportation charges to the retailers store or warehouse…

A: In international trade, the term "FOB" ( means "Free on Board") is frequently used to refer to the…

Q: Generally speaking, using market experiments and pilot testing, when possible, is good way for firms…

A: Pricing refers to the strategic process of setting a monetary value on a product or service offered…

Q: what is it important to include a policy that outlines the origin and scope of purchasing authority.…

A: To determine: The reason to include a policy that outlines the origin and scope of purchasing…

Q: What is the purpose of creating a process exception?

A: Process exception- Managing exceptions that arise in active processes is known as process exception…

Q: Why should a purchaser avoid ordering more products than necessary

A: The purchaser should order the optimal number of orders that could reduce the total inventory costs,…

Q: Order

A: The answer to this question is replenishment cycle.

Q: how an effective purchasing department can affect the organizational performance of a large…

A: The performance of an organization is dependent upon the actual output of an organization. The…

Q: Prices are established by the: Finance Department Marketing Department Production Department…

A: In a typical organization, each department has its own specific role. The Finance Department is…

Q: Discuss the Importance of matching customer demand

A: In any operation management, be it in products manufacturing or services delivery, coordinating with…

Q: Which of the following pertains to the cost that varies as the level of products and services…

A: Total Cost = Fixed Cost + Variable Cost. Marginal cost of production is the additional cost of…

Q: In should-cost modeling, are any components not under the direct control of the buying or supplying…

A: Should-cost modeling is a comprehensive approach used in procurement and supply chain management to…

Q: Checks its inventory at the end of the month and finds a shortage of merchandise. If there has been…

A: Although the terms, larceny, burglary, extortion and mysterious disappearances are often used…

Q: A problem with sales commission is its tendency to reward the quantity of goods sold without having…

A: A salesman can be defined as the person who works for an organization for the doing the sales of the…

Q: The late entrants in the market have opportunity to charge skimming price. True False

A: Ans. Introduction Price skimming is an item estimating technique by which a firm charges the most…

Q: Which two functions represent physical distribution functions?

A: Physical distribution function: It is one of the major functions related to marketing. It shows how…

Q: Eastman Kodak Co. (Kodak) manufactures and sells photocopiers and micrographic equipment. In…

A: Eastman Kodak Co. (Kodak), a company known for producing photocopiers and micrographic equipment,…

Q: Product and Service Design and Manufacturing Standardization in inventory planning

A: Product Design: Product design is the deciding of the characteristics and features of the company's…

Q: Purchasing for resale is generally associated with industrial purchasing and warehousing. Select…

A: Purchasing for resale is a fundamental aspect of various business operations, involving the…

Q: Sellers may price the product at any level they wish, provided they do not discriminate among…

A: A pricing strategy known as "price discrimination" involves charging different prices to different…

Q: Put the following steps of the purchasing process in the correct order. Label # 1 being the first…

A: The consumer purchase decision process refers to the process through which a consumer goes when he…

Q: how can a company determine the optimal skimming price for a new product?

A: Concept Introduction :- The optimal skimming price is the price point at which a company can…

Q: Mr. Robert took a bag of chips from a super market and noticed to a coupon attached to the bag of…

A: This is an example of immediate reward

Q: A company that manufactures cars would use about 50,000 steering wheels per year. Such steering…

A: EOQ stands for economic order quantity. It is a company's optimal order quantity that undervalues…

Q: At what point in the Fulfillment Process does your customer account display a balance?     Sales…

A: Order Fulfillment Process is referred as fulfilling the requirement of customer through several…

Q: How can a  purchasing department influence the financial performance of a large manufacturer or a…

A: For any capacity to be effective, it should build up clear and quantifiable destinations, and work…

Q: Wanderlust Tours is considering a B2B partnership with Green Ocean Cruises. Before Wanderlust Tours…

A: the differences between a B2B (Business to Business) and B2C (Business to Consumer) partnership. It…

Q: Sandeep purchased a water filter from an authorized distributor of one of the known water filter…

A: Case Summary: Individual S purchased a water filter from an authorised distributor who is one of the…

Q: salvage value

A: What is Salvage Value ? Salvage value is the assessed book estimation of a resource after…