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Business

All purchase agreements for real estate should be in writing. Technically, you can agree to purchase anything, and an agreement to purchase a candy bar or a can of soda need not be written down....

Latest answer posted December 8, 2022, 3:53 pm (UTC)

1 educator answer

Business

This post responds to the third question: how can we overcome the potential problems faced in supply from offshore suppliers? One strategy many producers use is to secure resources from multiple...

Latest answer posted December 2, 2022, 1:50 pm (UTC)

1 educator answer

Business

Business owners and managers have some difficult decisions to make when it comes to purchasing. Let's look at the pros and cons of the issues involved to help you get started on these questions....

Latest answer posted December 2, 2022, 2:40 am (UTC)

1 educator answer

Business

A business pitch will typically contain ten elements that come together to show potential investors that your proposed business is feasible and even designed for success. Let's look at these...

Latest answer posted December 1, 2022, 4:44 pm (UTC)

1 educator answer

Business

The roles of leader and manager clearly overlap, and one person will often perform both functions. Someone who is called a manager may, in fact, act as a leader, as the manager of a sports team...

Latest answer posted November 22, 2022, 2:02 am (UTC)

1 educator answer

Business

Whether a business should change the way it evaluates supplier performance, have annual top executive meetings with its key suppliers, or have more or fewer partnerships depends on many variables;...

Latest answer posted November 18, 2022, 11:49 pm (UTC)

1 educator answer

Business

When choosing suppliers, business owners opt for a strategy that best satisfies their needs and specific requirements. In some cases, business owners prioritize the financial factors when choosing...

Latest answer posted November 11, 2022, 4:15 pm (UTC)

1 educator answer

Business

Your question concerning the use of cross-functional teams gets to the heart of the importance of diversification of thought and knowledge when it comes to sourcing. Cross-functional teams are...

Latest answer posted November 11, 2022, 2:36 pm (UTC)

1 educator answer

Business

In his Ted Talk "Choice, Happiness, and Spaghetti Sauce," Malcolm Gladwell explains how there is no perfect version of a product. Rather, there are multiple preferred versions. This applies to...

Latest answer posted November 4, 2022, 4:39 pm (UTC)

1 educator answer

Business

You can understand approximately how much it costs your suppliers to manufacture their products or deliver their services by adding together all the various costs of production. These costs are...

Latest answer posted November 6, 2022, 2:16 pm (UTC)

1 educator answer

Business

Whether firms should negotiate with suppliers or merely accept their existing terms and conditions depends on the situation. In a competitive situation, the firm can often bargain with the supplier...

Latest answer posted November 5, 2022, 4:55 pm (UTC)

1 educator answer

Business

Cost management tools are meant to help lower the expenses associated with running a business, particularly within the production and procurement processes. They do this by analyzing the actual...

Latest answer posted November 5, 2022, 3:14 pm (UTC)

1 educator answer

Business

Business owners and managers face important decisions about delivery and “free on board” options every day. Let's define some terms and discuss a few pros and cons to get you started on these...

Latest answer posted October 28, 2022, 3:50 pm (UTC)

1 educator answer

Business

The answer to this question of how you can develop an effective delivery strategy for goods and services depends partly on your business. It is also important to note that an effective strategy for...

Latest answer posted October 28, 2022, 3:40 pm (UTC)

1 educator answer

Business

NPV and IRR are methods of estimating whether a project or investment is likely to make a profit. NPV (Net Present Value) is the present value of the income that will be generated minus the present...

Latest answer posted October 27, 2022, 5:27 pm (UTC)

1 educator answer

Business

To make an informed decision with regard to the questions of a total quality management program, a Six Sigma program, or certification of suppliers, it is necessary to understand what each of these...

Latest answer posted October 21, 2022, 6:20 pm (UTC)

1 educator answer

Business

You can improve customer satisfaction with quality because customers will likely be satisfied if they continue to receive outstanding products and services, and you can reduce the cost of quality...

Latest answer posted October 21, 2022, 6:43 pm (UTC)

1 educator answer

Business

Yahoo Finance offers plenty of information about many companies, including the information you are assigned to find. Let's brainstorm some companies you might look up and then talk about the...

Latest answer posted October 20, 2022, 12:22 am (UTC)

1 educator answer

Business

Whether or not sex should sell is an opinion question, and there are multiple ways to think about how sex works in advertising and on consumers. You might argue that sex shouldn’t sell and that sex...

Latest answer posted October 17, 2022, 1:16 am (UTC)

1 educator answer

Business

A common size statement is one that shows income in terms of percentage. Let's look at this in more detail to help you understand how such a statement works. A regular income statement typically...

Latest answer posted October 16, 2022, 7:02 pm (UTC)

1 educator answer

Business

Looking back, the repercussions to the United States seem to be more political than economical. In 2011, many Republicans in Congress refused to raise the debt ceiling—an uncontroversial action in...

Latest answer posted October 16, 2022, 6:28 pm (UTC)

1 educator answer

Business

William Moulton Marston's DISC personality assessment has largely fallen out of favor, with many psychologists using the Big Five model of personality traits instead. Perhaps part of the reason for...

Latest answer posted October 17, 2022, 9:56 am (UTC)

1 educator answer

Business

Communication is the key to dealing with suppliers and improving acquisition. Let's look at this in more detail. Much of the inefficiency on the supply side of a business arises from poor...

Latest answer posted October 14, 2022, 1:44 pm (UTC)

1 educator answer

Business

Should you rethink your approach to strategic requirements? The answer to this depends on your organization's strategic plan. If you have no strategic plan, then the answer is certainly yes....

Latest answer posted October 14, 2022, 8:39 am (UTC)

1 educator answer

Business

Perhaps Dr. Deming asserts that "Experience by itself teaches nothing" because experience must always be evaluated in some way, and this requires an objective standard of evaluation. Let's look at...

Latest answer posted October 12, 2022, 5:21 pm (UTC)

1 educator answer

Business

Traditional valuation methods and comparisons with other companies are useful for a company like Coca-Cola because so much of the company's value lies in brand recognition. This is an exceptionally...

Latest answer posted October 14, 2022, 9:24 am (UTC)

1 educator answer

Business

Lower-value purchases within a company usually do not require the same levels of approval and oversight as high-value purchases, so the process surrounding them can be streamlined. Let’s look at...

Latest answer posted September 30, 2022, 5:54 pm (UTC)

1 educator answer

Business

In financial and futures markets, exchanges are marketplaces where financial commodities can be bought and sold. The purpose of exchanges is to ensure that these instruments can be traded in a...

Latest answer posted October 7, 2022, 2:21 pm (UTC)

1 educator answer

Business

The Coca-Cola Company claims to be committed to a high level of business ethics, social responsibility, and sustainability. The company website lists various initiatives in such areas as as...

Latest answer posted October 9, 2022, 1:16 pm (UTC)

1 educator answer

Business

You have a good start with your description of financial markets and their role in the economy. Let’s look at financial markets in more detail to help you improve and expand your answer. First, it...

Latest answer posted October 10, 2022, 5:14 pm (UTC)

1 educator answer

Business

A company can improve its ability to find insourcing opportunities by scrutinizing its organization and employees; it can develop its outsourcing expertise better by examining areas where it would...

Latest answer posted October 7, 2022, 3:25 am (UTC)

1 educator answer

Business

Using an e-procurement system can improve the efficiency of the supply process in numerous ways. An overall benefit to efficiency is that such a system streamlines the process as individual,...

Latest answer posted September 30, 2022, 11:38 pm (UTC)

1 educator answer

Business

HR managers play many important roles in a company. To answer these questions, you must determine which role is the most important, what focus HR professionals should take, and whether they should...

Latest answer posted September 22, 2022, 1:05 am (UTC)

1 educator answer

Business

The most effective way to conform supply chain organizational structure with corporate organizational structure is to make the latter as flat, functional, and market-based as possible. Supply chain...

Latest answer posted September 22, 2022, 8:56 am (UTC)

1 educator answer

Business

Supply and the supply chain can contribute to organizational objectives and strategy by reducing costs, improving the delivery of products or services, and increasing customer satisfaction....

Latest answer posted September 16, 2022, 2:18 am (UTC)

1 educator answer

Business

The differences that are likely to be found between domestic companies and international companies are the size and the type of positions that need filling. As a domestic company only does business...

Latest answer posted September 7, 2022, 2:45 am (UTC)

1 educator answer

Business

The way you use each of these applications will vary based on your intended major, so let's help you brainstorm some purposes for each. Hopefully this will help you consider similar applications...

Latest answer posted May 23, 2022, 12:54 am (UTC)

1 educator answer

Business

The decision to form a partnership or a company has two basic components. Under the partnership format, will the input of capital between the partners be equal? In other words, is the partnership...

Latest answer posted June 7, 2022, 3:06 pm (UTC)

1 educator answer

Business

First, let's define rationalization and confirmation bias. Rationalization is the practice of justifying behaviors or actions that may be less than ethical. At its heart, rationalization is about...

Latest answer posted May 23, 2022, 2:17 pm (UTC)

1 educator answer

Business

A word processing program is used to create and visually organize large segments of text. An accountant might use a word processing program to update their resume, being sure to use the functions...

Latest answer posted May 23, 2022, 12:50 pm (UTC)

1 educator answer

Business

Trademarks, copyrights, and patents are different types of intellectual property. Trademarks: A trademark protects a company's slogans, symbols, logos, designs, or unique catchphrases. All of...

Latest answer posted May 6, 2022, 6:01 pm (UTC)

1 educator answer

Business

There are many different approaches to conflict resolution, but these must be applied according to individual situations and personalities. Let's review some approaches and theories, and then you...

Latest answer posted May 6, 2022, 5:16 pm (UTC)

1 educator answer

Business

The advantages of commercial insurance involve protection, and the disadvantages relate to cost. A business might pay for commercial insurance to ensure it has the money to endure unforeseen...

Latest answer posted May 11, 2022, 6:10 pm (UTC)

1 educator answer

Lifestyles

Anyone who has moved out of the family home and began living on his or her own knows how different that new living arrangement can be. Let's do some brainstorming to help you develop a good thesis...

Latest answer posted May 11, 2022, 8:31 pm (UTC)

1 educator answer

Business

An overall analysis of the following stock investments—Tesla, Apple, Chevron, Target, Etsy, LyondellBasell, Oncology Pharma, and Netflix—could take into account the volatile market and try to...

Latest answer posted May 5, 2022, 6:18 pm (UTC)

1 educator answer

Business

There are many ways a business can capitalize on globalization to increase its market share and profits. One of the ways is through forming strategic alliances that facilitate efficient responses...

Latest answer posted April 26, 2022, 2:52 pm (UTC)

1 educator answer

Business

Certainly the causes of voluntary turnover depend, at least in part, on the type of employee or the type of job involved. Let's explore some examples to help you better understand how this works....

Latest answer posted May 2, 2022, 2:32 pm (UTC)

1 educator answer

Business

When we look at the chart on generic business-level strategies, we can identify Amazon as an example of the Cost Leadership Strategy. Amazon strives to have the lowest prices among its competitors,...

Latest answer posted March 15, 2022, 10:58 pm (UTC)

1 educator answer

Business

There are numerous principles that are important to successful business owners. For example, it is crucial that business owners are knowledgeable in financial matters. They may be able to pass on...

Latest answer posted April 22, 2022, 7:33 pm (UTC)

1 educator answer

Business

The importance of a particular set of benefits is, in part, dependent on the needs, desires, and perspectives of individual employees, though we can probably agree that an insurance package, a...

Latest answer posted April 21, 2022, 12:17 am (UTC)

1 educator answer

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