for the past twenty years, curtis purchased its jewelry-cleaning kit components from evans’ suppliers, a local company that recently went out of business. as a recent hire to curtis, you are excited about the opportunity to search for a supplier. what should be your first step?

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Answer 1

As a new Curtis hire, the first step in looking for a supplier is to explore priorities within your own company and find out which Curtis stakeholders, such as manufacturing and marketing, need a supplier.

Every organizational action comes from planning, there needs to be analysis, gathering of relevant information, evaluation of alternatives and therefore decision-making.

Therefore, the choice of a new supplier must be based on the company's needs, and the one that offers the best opportunity cost, the best price, service and quality must be chosen.

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Related Questions

the vice president of finance at adventure park, an amusement park, disseminated a new five-year strategic plan to the merchandise, attractions, and operations directors. this is an example of ________ communication.

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When the vice president disseminated the 5 year strategic plan to the directors. it is definitely an example of downward communication.

A downward communication refers to the flow of communication or information from top hierarchies to the lower ranks.

When a CEO pass an important message through mail to all lower hierarchies of his organization, this type of communication flow is known as downward communication.

In this question, the vice president is disseminating information to different directors below him, so, it is an example of downward communication because the information flows from high to low hierarchy.

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Men and women may be paid different wages under the Equal Pay Act when payment is made pursuant to a _____.

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Based on the Equal Pay Act of 1963, Men and women may be paid different wages under the Equal Pay Act when payment is made under a "seniority system, a merit system, or a system that measures earnings by quantity or quality of production."

This is to make men and women have equal pay except for seniority or merit to those who deserve higher pay.

The United States Congress signed the Equal Pay Act of 1963 under President John F. Kennedy in his New Frontier Program.

The Equal Pay Act of 1963 was made to amend the Fair Labor Standards Act.

Hence, in this case, it is concluded that the Equal Pay Act of 1963 only makes men earn higher than women when it is based on seniority or merit.

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Katrine doesn't understand all of the various aspects of automobile insurance and relies on her local independent State Farm Insurance agent to provide her with information. This agent acts as a(n) _____ for State Farm.

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Katrine doesn't understand all of the various aspects of automobile insurance and relies on her local independent State Farm Insurance agent to provide her with information. This agent acts as a(n) intermediary for State Farm.

If someone pretends to be your banking institution in order to convince you to tell them your password information, this is called

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Spoofing occurs if someone pretends to be a bank to obtain passwords or any other important piece of information.

Spoofing describes a type of scam or cyber attack that involves:

A person or group of people pretending they are a trusted organization.Scammers obtaining important information such as passwords, bank account numbers, etc.

Nowadays, spoofing is rather common and it can be done through phone calls, e-mails, websites, and even texts.

Based on this, an example of spoofing is if someone pretends to be your bank just to access private information for malicious purposes.

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why should we emphasize Black Friday?

Answers

Answer:

i dont know

Explanation:

it only happens once a year

The auto insurance plans available from Fret-No-More Auto Insurance are outlined in the table below. To be considered "full" coverage, an insurance plan must include one level of coverage from each category. What is the annual premium for the cheapest insurance plan available from Fret-No-More that is considered full coverage?.

Answers

There are different types of car insurance. The annual premium for the cheapest insurance plan available from Fret-No-More that is considered full coverage is $473.16

Insurance is often made for vehicles. The six most used car insurance coverage options are:

Auto liability coverage Uninsured and underinsured motorist coverageComprehensive coverage, Collision coverageMedical payments coverage and Personal injury protection.

These insurance are often taken based on where a person live, They can be mandatory and optional coverage types.

Auto insurance is a contract between you and the insurance company that protects you against unforeseen accident or theft.

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Answer:

A: $473.16

Explanation:

Common stock's par value ______. (Check all that apply.) Multiple select question. has become less meaningful because states use other means to prevent stockholders from removing capital from financially distressed companies equals the amount of cash contributed by shareholders was introduced to prevent bankrupt companies from unfairly distributing company resources affects how common stock is recorded

Answers

Considering the available options, Common stock's par value "has become less meaningful because states use other means to prevent stockholders from removing capital from financially distressed companies."

Also, Common Stock's par value "was introduced to prevent bankrupt companies from unfairly distributing company resources."

Again, Common Stock's par value "affects how common stock is recorded."

Generally, Common stock's par value is the amount or price of stock shown on the bond certificate. It is usually between $0.10 to $0.01.

Hence, in this case, it is concluded that the correct answer is options A, C, and D.

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Ivers Co. holds $30,000 of available-for-sale securities. Ivers intends to hold these securities for three years. Ivers should report these securities as a(n) ________ on the balance sheet.

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Answer:

long term asset

Explanation:

long term asset

How do fast-food restaurants rationalize the process of providing food to customers, according to Robin Leidner in Fast Food, Fast Talk

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According to Robin Leidner, fast-food restaurants rationalize the process of providing food to customers by developing standardized scripts for employees to use when dealing with customers.

There are many advantages associated with the fact that fast-food chains develop standardized scripts for customer service, as this way, they ensure compliance and quality of processes.

Standardization in fast-food restaurants therefore ensures faster service, mechanization of processes and higher quality in food production, since production and service standards must be followed in any unit of a fast-food chain.

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During 2021, Jasmine, a self-employed individual, paid the following amounts: State income tax $2,400 State sales taxes 2,950 State occupational license fee 450 Personal property tax on value of automobile 400 What amount can Jasmine claim as taxes in itemizing deductions from AGI

Answers

Answer:

3350

Explanation:

Since state sales tax is larger than state income you will lose that and add your personal property tax of 400 to your deduction.

2950+400= 3350

match each label to the appropriate scenario. note that some labels may be used more than once, while other labels may not be used at all. additionally, some scenarios may apply to multiple labels, while other scenarios will only apply to one label.

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Demand and supply increases in this scenario:

Gasoline: a new housing development goes up. Several new gas stations are built nearby

Demand increases and supply decreases in this scenario:

Taxis: public transit workers at a popular tourist attraction go on strike as a holiday weekend approaches

Demand and supply decreases in this scenario:

Pumpkins: an early frost destroyed much of the pumpkin crop. A newspaper reports zucchini is better for pie than pumpkin.

Demand decreases and supply increases in this scenario:

Corn: news media run stories about people with corn allergies. The corn crop is unusually large.

The factors that lead to a change in the demand of a good

Change in the price of a substitute good: if the price of a substitute good increases, the demand for the good increases and if the price of the substitute decreases, the demand for the good decreases.

Reports: If a favourable report is released about a good, the demand for the good would increase. If the opposite is the case, the demand for the good would decrease.

Change in weather: When winter is approaching, the demand for winter coats would increase and it would decline in summer.

Factors that lead to a change in supply

A change in the number of suppliers: if the number of suppliers of a good increases, there would be an increase in supply of the good. If the number of suppliers declines, there would be a fall in supply.

Natural disaster: A flood would reduce the supply of a good.

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________ is the only element in the marketing mix that produces revenue.

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Pricing is the one and only element of the marketing that helps in revenue generation.

What is pricing?

Pricing is a process, which helps in determining the true and fair value of a product or a service that is being offered for sale in the market. At such determined price, the consumers buy such goods or services.

No other element in marketing mix involves revenue generation, as only pricing can bring the inflow of cash in an organization from the buyers in the market as such.

Hence, pricing element of the marketing mix produces revenue for the firm.

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#SPJ2

Should a business email contain a salutation?

Answers

Answer:

A business email is meant in a professional way. It can be sought out as multiple different approaches, one of them, in this case, can include a friendly and welcoming business approach, including a salutation. All in all, it is up to the writer, there is no fully correct answer. Hope this helps :)

an example of a non-pecuniary job characteristic is

Answers

Answer:

A comfortable work environment.

Explanation:

1. Which product type (coffee/ espresso/ herbal tea/ tea) yields the maximum profit in each market size(major/small)? (2 points).

Answers

Coffee is the maximum profit

Which type of advertising focuses on promoting an organization or business as a whole rather than specific goods or services

Answers

Answer:institutional

Explanation:

Managers can limit conflicts brought about by ______ by treating employees equally, being open about why some employees are rewarded, and offering mentoring programs.

Answers

Based on workplace or organizational management, Managers can limit conflicts brought about by co-workers by treating employees equally, being open about why some employees are rewarded, and offering mentoring programs.

To promote good working relationships, managers need to solve any conflicts among co-workers amicably by being open to everyone involved.

This will show impartiality from the managers and will help solve the issue permanently.

Co-workers tend to have dynamic relationships in the same organization, and to prevent long-term conflict; managers should settle the issue without looking biased.

Hence, in this case, it is concluded that the correct answer is "Co-workers."

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Shelby hired Lynn, an attorney, to represent her in an employment discrimination case. Lynn is a(n) _____ who has a duty to act on behalf of Shelby. Shelby hired Lynn, an attorney, to represent her in an employment discrimination case. Lynn is a(n) _____ who has a duty to act on behalf of Shelby. principal fiduciary trustee employee third-party beneficiary

Answers

The answer is fiduciary

a fringe benefit plan where employees choose the package of benefits they want up to a certain dollar amount is called a __________ plan.

Answers

There are different types of benefit plan. A fringe benefit plan where employees choose the package of benefits they want up to a certain dollar amount is called a cafeteria-style plan.

Fringe Benefits  is simply regarded as Benefits such as sick-leave pay, vacation pay, pension plans etc., that stands for an additional compensation given too an employees that is far above base wages.

A cafeteria-style plan is a plan that gives employees coverage of expenses in cases like prescription medicine through the withholding of a part of their pre-tax salary.

Employers do gain through the use of these plans as they will not pay FICA on cafeteria-style benefits plans.

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Corporations distribute profits to owners through: Group of answer choices bonds. interest. taxes. dividends.

Answers

Dividends if they are talking about co owners (people who own stock and shares)

The average person usually has between 15 - 30 acquaintances. Please select the best answer from the choices provided T F.

Answers

People often make friends or acquaintances. The average person usually has between 15 - 30 acquaintances is a false statement.

An acquaintances is simply known as an individual familiar to one, but usually not a close friend.

It is often regarded as the state of being acquainted or casually knowing  someone/something  An example of an acquaintance is a person you went to music class with but do not always keep in touch with them on a regular basis.

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Answer:

False

Explanation:

Use the word SMART goal in a sentence:​

Answers

Answer:

He was the smartest kid in the class because he knew how to solve the hardest math problem on the worksheet.

Explanation:

If customer satisfaction does not always lead to customer loyalty, firms may need to focus additional effort on _____ strategies..

Answers

The firms may need to focus additional effort on retention strategies.

Retention strategies are means employed by firms to retain their customers both new and existing, over some specified period.

Where a company has high customer retention, it means customers would continue to patronize the company's products and not not defect to another product or business.

Customer retention process starts with the first point of contact in an organization and spread through the whole duration of the customer's relationship with the organization.

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Lucas, a single U.S. citizen, works in Denmark for MNC Corp during all of 2019. His MNC salary is $87,000. Lucas may exclude from his gross income wages of: a.$105,900 b.$87,000 c.$40,000 d.$0

Answers

Lucas can exclude from his gross income wages of $87,000.

Usually, a United State's citizen living and working abroad is taxed on his worldwide Income.

The maximum amount of exclusion of foreign earned income for Singles in 2019 is $105, 900.

Here, he is a single taxpayer who worked in Denmark for MNC Corp for the whole of 2019 and earned the salary of $87000.

He's eligible to exclude the amount of $105,900 from his gross income. and his salary is less than maximum limit allowed for exclusion, therefore, the gross income will be excluded.

In conclusion, the Option B is correct because can exclude from his gross income wages of $87,000.

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The balance in the accumulated depreciation account represents the:

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The balance in the Accumulated Depreciation account represents the amount to be deducted from the cost of the plant asset to arrive at its fair market value.

Natalie books an appointment at a hair salon to get a haircut, color, and a blow dry. When it is time for her appointment, she shows up at the salon and receives these services from a stylist. This scenario illustrates that services

Answers

The scenario where Natalie books an appointment and shows up at the salon to receives the services illustrates that services are usually distributed through direct marketing channels.

Direct marketing channel refers to the sales process which directly involves the seller and end buyer without the service of intermediary.

In a direct marketing channel, the service of intermediaries (such as retailers, agent, wholesalers) are not prioritize

The medium which are most perfect for direct marketing channel includes through internet, digital media etc

In the question, Natalie books an appointment with the stylist through her phone without the service of intermediaries.

Therefore, the scenario best illustrates that services are usually distributed through direct marketing channels.

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what is called higher level education​

Answers

Tertiary education leading to award of an ecademic dagree.

A stock dividend causes a stockholder's percentage ownership in a company to ______. Multiple choice question. remain the same decrease increase

Answers

The stock dividend causes the stockholder's percentage ownership in a company to remain the same.

Basically, the stock dividend refers to the amount paid as part of profit distribution to the shareholders of a corporation.

Stock dividend are paid to stockholders who hold a unit of share with the corporation.

The stock dividend does not affect the percentage of ownership in the firm because it is paid directly to the stockholders

Therefore, the Option B is correct.

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Executive stock options are outstanding all year that permit executives to buy 12 million common shares at $50. The average market price of the common stock was $60. When calculating diluted earnings per share, the assumed exercise of these options will increase the weighted average number of shares outstanding by:

Answers

The assumed exercise of these options will increase the weighted average number of shares outstanding by 2 millions share.

The calculation of the Proportion by which share increases is as follows:

= ($60 - $50) /$60

= $10 / $60

= 1/6

Calculation of increase in weight average number of outstanding share if all stock options are exercised is as follows:

= 12 million shares * 1/6

= 2 millions share

Hence, the assumed exercise of these options will increase the weighted average number of shares outstanding by 2 millions share.

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The confirmation of customers' accounts receivable rarely provides reliable evidence about the completeness assertion because:_______.
a. recipients usually respond only if they disagree with the information on the request.
b. auditors typically select many accounts with low recorded balances to be confirmed.
c. many customers merely sign and return the confirmation without verifying its details.
d. customers may not be inclined to report understatement errors in their accounts.

Answers

Answer:d

Explanation:maybe

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