When managers use suppliers and manufacturers outside of the organization to provide goods or services the company previously supplied itself, it is called

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Answer 1

The use of outside suppliers and manufacturers (vendors) to provide goods or services the company previously supplied is called outsourcing.

What is the main advantage of outsourcing?

The main reason or advantage that management outsources the production of goods and services previously produced internally to vendors is to reduce costs.

Outsourcing can also help an organization benefit from costly expertise that it cannot afford to acquire internally.

Outsourcing helps an organization to:

Focus on core tasksMaintain controlPromote growthManage risksEnjoy flexibilityDevelop internal staff.

Thus, the use of outside suppliers and manufacturers (vendors) to provide goods or services the company previously supplied is called outsourcing.

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Related Questions

Debbie is a kindergarten assistant at Atkins' Elementary School. Since Debbie suffers from obesity, she is not able to use the chairs provided for teachers in the kindergarten rooms. Debbie requests a different chair, but her employer refuses. Debbie is protected under the Americans with Disabilities Act (ADA) only if:

Answers

Debbie is suffering from obesity which is not considered a disability under the Americans with Disabilities Act but if she proves that the obesity is occurred due to some psychological condition or disorder only then she can be protected under the concerned Act.

What is a disability?

Disability is an impairment condition of an individual where he/she is not able to perform some activities. It can be a physical or mental condition.

According to the Americans with Disabilities Act, if an employee is suffering from a mental or physical disability then he/ she should be provided with an appropriate setting of work like a wheelchair so that he/she can perform his/her duties well. The employer of the company should not be allowed to discriminate against the employees on the basis of their disabilities.

In the provided situation, the obesity problem suffered by Debbie would not be covered under the ADA Act but if she proves that the problem is caused to her due to some psychological disorder, only then it will be considered a disability under ADA.

Therefore, the obesity suffered by Debbie is not treated as a disability under ADA unless it caused her some kind of disorder.

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The possibility that errors in projected cash flows will lead to incorrect decisions is known as ______.Multiple select question.estimation riskmanagerial incompetenceguess and blessforecasting risk

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The risk that inaccuracies in expected cash flows may lead to poor judgments is referred to as the forecasting risk.

What is the significance of risk forecasting?

This function is especially critical for small enterprises, as inventory losses might threaten the company's future. Forecasting minimizes uncertainty.

But it comes at the cost of extra inventory, lower profits, and other unique hazards.

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Who should never use jargon? a surgeon giving orders to her staff a coach telling a quarterback what play to use a plumber ordering parts from a supply store a computer repair person talking to a customer

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A computer repair person talking to a customer should never use jargon.

What is Jargon?

Jargon is the specialized vocabulary that is connected with a specific field or activity. Jargon is typically used in a specific communicative context and may be difficult to understand outside of that context.

The context is usually a specific occupation, however jargon can exist in any in-group. This includes that a surgeon giving orders to her staff, a plumber ordering parts from a supply store, and a coach telling a quarterback what play to use.

A  computer repair person talking to a customer is not included in the use of jargon, as it does not require any specialized vocabulary in compare to the another examples given.

Therefore, option D is correct.

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Which of the following is not included in the typical pattern of behavior for a poverty-stricken person? a. higher crime rate c. higher standard of living b. higher divorce rate d. higher chance of being a victim of crime please select the best answer from the choices provided a b c d

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A person is poverty-stricken if they are considered to be very poor. A higher standard of living is not a typical pattern of behavior for a poverty-stricken person.

Who is poverty-stricken poverty?

A poverty-stricken person suffers from the effects of extreme poverty: Some beggars are impoverished and homeless.

There are few jobs for farmers who have moved to cities from poverty-stricken areas in search of work.

It is characterized by excessive indulgence,  low self-regulation, exploitation of others, and limited motivation and effort.

Therefore, Option C is the correct answer that is A higher standard of living is not a typical pattern of behavior for a poverty-stricken person.

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Answer:  C. higher standard of living

Explanation:

Every year, Harini receives a check from the company in which she owns stock. What is the name for these periodic distributions of profits to investors?


A.

the rate of return


B.

speculative investments


C.

dividends


D.

corporate bonds

Answers

Answer:

(C) Dividends is your yearly profit

To be effective, control systems mustMultiple Choicebe based on subjective standards.focus on upward communication.be acceptable to top stockholders.use multiple approaches.

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In order for control systems to be effective, they must use multiple approaches.

What is a control system?

Control system can be defined as a system of devices that are connected as a single unit, so as to manage, command, direct, control, or regulate the behavior of other systems or devices by using control loops, while providing a desired response.

In Engineering, it is very impoetant for control engineers to use multiple approaches in control systems, so as to make them effective.

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2. List what synergy is

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Answer:

Synergy is the concept that the value and performance of two companies combined will be greater than the sum of the separate individual parts. If two companies can merge to create greater efficiency or scale, the result is what is sometimes referred to as a synergy merge. :)

Have an amazing day!!

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Chelsea bought a bond with a face value of $5,000. The bond has a term of 4 years. Chelsea bought the bond at a 3 percent discount from the face value. The bond pays 3 percent annual interest, and Chelsea will receive eight semiannual payments. When the bond is redeemed at maturity, the total return (profit) will be $
_____ .00. The total return on investment will be
______ %. (Round return on investment percentage to one decimal place.)

Answers

The total return of the bond will be a profit of $300 and the total return on investment (ROI) will be 6.18%.

What will be the total return and return on investment?

The profit made from the purchase of bonds is referred to as the return on bonds. The profit includes all capital gains (discounts obtained) and interest earnings till maturity.

[tex]\text{Face value} = 5,000\\\\\text{Purchase price} = 4,850 (5,000 \text{ x } 1 - 0.03)\\\\\text{Discount} = 150 (5,000 - 4,850)\\\\\text{Maturity period} = 4 years\\\\\text{Coupon rate} = 0.03\\\\\text{Interest payment = semi-annual}\\\\\text{Annual interest} = $150 ($5,000 \text{ x } 0.03)\\\\\\\text{Total profit at maturity} = $300 ($150 + $150)\\\\\\text{Total return on investment} = 6.18 \text{percent} (300/4,850 \text{ x } 100)[/tex]

As a result, when Chelsea redeems the bond at maturity, his total return (profit) will be $300.00 at 6.18 percent.

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Answer:

profit: $750

ROI: 15.5%

Explanation:

Allowance for Doubtful Accounts on the balance sheet Select one: a. is deducted from accounts receivable. b. increases the cash realizable value of accounts receivable. c. appears under the heading "Other Assets." d. is offset against total current assets.

Answers

Allowance for Doubtful Accounts on the balance sheet: is deducted from accounts receivable.

What is a doubtful account?

This is a term that is used to refer to the account receivable that could become what is known as a bad debt later on in the future.

When people make credit purchases, the doubtful account is very important for their statement.

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Mansi Inc. is considering a project that has the following cash flow data. What is the project's payback?

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The payback period of the project that Mansi Inc. is considering given its cash flow data is 2.36 years.

What is the payback?

Payback calculates the amount of time it takes to recover the amount invested in a project from it cumulative cash flows.

Amount invested = -750Amount recovered in year 1 = -750 + 300 = -450Amount recovered in year 2 = -450 + 325 = -125Amount recovered in year 3 = -125 /350 = 36

payback = 2.36 years

Here is he complete question:

Mansi Inc. is considering a project that has the following cash flow data. What is the project's payback?

Year 0 1 2 3

Cash flows -$750 $300 $325 $350

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On january 2, carlton, inc. , issued 100 shares of $10 par value common stock for cash of $10 per share.

Answers

The journal entry of the given case is present in the image below.

What is journal entry?

Journal entry is defined as a primary recording of the financial transactions. Transactions are named in an accounting journal that presents a debit and credit balances of the company.

According to the given information,

Number of shares issued = 100

Par value per share = $10

Issue price per share = $10

Then the amount of total Cash received is:

[tex]=\text{Issue Price Per Share} \times \text{Number of shares Issued}\\\\=\$10 \times 100\\\\=\$1,000[/tex]

Total par value would be $1,000. Therefore, the journal entry is listed in the image below.

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Which part of developing nations economies did the green revolution impact.

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The green revolution helped increase food production, as well as benefiting wealthy farmers in developing countries.

What was the green revolution?

It was a process that instituted new technologies in agriculture, modernizing the means of production on a global scale. Some of the contributions were the development of agricultural machinery and genetically modified seeds.

Therefore, some countries such as Mexico and India have benefited from the green revolution, helping in the development of agriculture and economy.

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Heyo! ;D

Farming would be the answer you seek. Hope this helps!

Jasper was the sales manager for three of his organization's retail outlets. What type of manager was he

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It is correct to say that as a sales manager for three points of sales in his organization, Jasper was a staff manager.

What is staff management?

It corresponds to the process of leading work teams in different departments, being responsible for guiding and directing employees, in order to establish their responsibilities in an optimized and effective way.

Therefore, staff managers are responsible for leading departments generating consultancy and support for work development.

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The regional Federal Reserve Banks A. regulate banks in their regions. B. are not allowed to make loans to banks in their region. C. are each headed by a member of the Board of Governors. D. have more voting members on the FOMC than does the Board of Governors.

Answers

The Federal Reserve Bank's regional offices A. regulate banks in their regions.

What do the Fed branch offices do?

The Fed divides the U.S. into various districts and has a branch in each of these districts and regions.

These branches will regulate the banking industry in their region to ensure that they abide by the overall Fed policy.

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A ________ brings buyers and sellers together and facilitates transactions, typically charging a fee after a transaction is completed.

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A ________ brings buyers and sellers together and facilitates transactions, typically charging a fee after a transaction is completed.

A) Cash-and-carry wholesaler

B) Broker

C) Retailer

D) Wholesaler

E) Commission merchant

Answer- B) Broker

Over a period of years, Engineers' salaries have increased at a rate of 8.5% per year. If inflation has been 5.5% per year, what is the real, inflation-adjusted salary increase

Answers

Answer:

3% salary increase

Explanation:

simply 8.5%-5.5%

Arriving at a cost structure that is both profitable and hard for potential followers to match is called

Answers

Arriving at a cost structure that is both profitable and hard for potential followers to match is called a Price Minus.

What is a Price Minus?

A Price Minus is a pricing strategy that deducts some amount from the market price to attract more customers and increase profitability to the detriment of competitors.

A price minus can be used as a market penetration strategy.

Thus, using a price minus, a company can arrive at a cost structure that achieves profitability and deters potential competitors without instigating a price war.

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Marco, Jaclyn, and Carrie formed Daxing Partnership (a calendar-year-end entity) by contributing cash 10 years ago. Each partner owns an equal interest in the partnership. Marco, Jaclyn, and Carrie each have an outside basis in his/her partnership interest of $104,000. On January 1 of the current year, Marco sells his partnership interest to Ryan for a cash payment of $137,000. The partnership has the following assets and no liabilities as of the sale date:

Tax Basis FMV

Cash $ 18,000 $ 18,000

Accounts receivable 0 12,000

Inventory 69,000 81,000

Equipment 180,000 225,000

Stock investment 45,000 75,000

Totals $ 312,000 $ 411,000

The equipment was purchased for $240,000, and the partnership has taken $60,000 of depreciation. The stock was purchased seven years ago

Required information

a. What are the hot assets $ 751(a)] for this sale?

i. Accounts receivable

ii. Inventory

iii. Stock investment

iv. Potential depreciation recapture in the equipment

b. What is Marcoâs gain or loss on the sale of his partnership interest?

c. What is the character of Marcoâs gain or loss?

i. $23,000 ordinary income and $10,000 capital gain

ii. $10,000 ordinary income and $23,000 capital gain

iii. $33,000 ordinary income

iv. $33,000 capital gain

v. None of these

Answers

a. The hot assets per Section 741(a) for this sale are as follows:

i. Accounts receivable

ii. Inventory

iv. Potential depreciation recapture in the equipment

b. Marco's gain or loss on the sale of his partnership interest is $33,000.

c. The character of Marco's gain or loss is iv. $33,000 capital gain.

What is a partnership interest?

A partnership interest refers to a partner's ownership and benefits that accrue from the partnership.

The partnership interest entitles the partner to participate in the distribution of profits and losses arising from the partnership business.

Data and Calculations:

Each partner's outside basis = $104,000

Sale proceeds of Marco's partnership interest = $137,000

Gain = $33,000 ($137,000 - $104,000)

Thus, Marco, who sold his partnership interest to Ryan, had a capital gain of $33,00 because of the difference between the sale proceeds and the partner's adjusted basis in the partnership interest.

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Deanna needs a loan from the bank to open her new café. She offers her car
as collateral. What article of the UCC governs this transaction?
OA. 8
OB. 6
O C. 7
O D. 9

Answers

When car is kept as a collateral by Deanna against a loan for opening a café, this will be governed under the Article 9 of the UCC.

What are collaterals?

Collaterals are a form of security in the form of assets and having a monetary value, which is charged for by the financial institutions for grant of loan to the creditor as such.

Article 9 of UCC presides over the matters related to the matters where collaterals are offered against for grant of loans or advances.

Hence, option D says that Article 9 governs the loans over collaterals.

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Answer:

D. Article 9

Explanation:

Article 9 covers over secured transactions and Deanna makes this a secured transaction by offering her car if anything were to go wrong.

A ______________________ means that government spending and taxes are equal.

Answers

Answer:

A balanced budget means that government spending and taxes are equal.

_____ innovations pertain to the administrative domain in an organization. Group of answer choices Technology Strategy and structure Culture Product and service

Answers

Strategy and structure innovations pertain to the administrative domain in an organization.

What is organization structure?

Organizational structure are set of actions carried establised by an organization, which ultimately guide how they operate.

The structure shows how certain activities are directed in order to achieve the goals of an organization like roles and responsibilities.

Hence, strategy and structure innovations pertain to the administrative domain in an organization.

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In the neoclassical view, the economy has a ___________________________ to move back to potential GDP.

Answers

The neoclassical view, the economy has a tendency to move back to potential GDP.

What is Neoclassical view?

Neoclassical theory explains that the amount or quantity of goods that is produced is directly dependent on the amount of the goods that is demanded and Supply.

This also influence the price and how it is consumed.

Therefore, The neoclassical view, the economy has a tendency to move back to potential GDP.

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A non-smoker that is 30 years old pays a 25% lower premium for life insurance than a smoker of the same age. If the smoker pays $125 per month for a $500,000 policy, how much does the non-smoker pay per month

Answers

The amount that the non-smoker pays per month for premium is $31.25.

What is the determinant of the premium?

Generally, in an insurance, the person that smokes will pay higher premiums for life insurance than a non-smoker.

Now, it is given that the non-smokers pays a 25% lower premium for life insurance, that is, 1/4 of the normal premium he is suppose to pay.

Because the smoker present a high risk, he will pay the full premium to cater for high risk situation on the policy.

Premium payable = $125 * 1/4

Premium payable = $31.25

Therefore, the answer is $31.25 for the non-smoker.

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Answer: $93.75

Explanation: Take 25% of $125 which is $31.25. Then subtract $31.25 from $125. This gives you the answer which is $93.75.

L&L, a beverage company, has launched a new energy drink. It sponsors a marathon in the city as part of its promotional strategy. It also issues a press release about the sponsorship and persuades media reporters of different newspapers to print it. L&L is generating _______.

Answers

If it sponsors a marathon in the city as part of its promotional strategy. L&L is generating publicity.

What is publicity?

Publicity can be defined as a form of product awareness as it enables a company to create awareness or advertise their product to potential customers.

Monst companies tend to make use of publicity as a form of of brand promotion as well as sales promotion.

Therefore L&L is generating publicity.

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Kensington, Inc. is considering an investment in new equipment. The project has a payback period 3.25 years and its initial cost is $36,000. Determine the missing cash flow from the list below. Year 1: $9,000 Year 2: $12,000 Year 3: $

Answers

The amount of missing cash flow for the year 3 is $12,000 on the amount of investment of $36,000 made by Company K.

What is the payback period?

The payback period is one of the methods of capital budgeting that enables us to know the number of years in which the invested amount gets recovered. It is determined by dividing the cost of investment by the annual cash flows.

Given values:

Amount of investment: $36,000

Cash flow of Year 1: $9,000

Cash flow of Year 2: $12,000

Computation of cash flow for the third year:

[tex]\rm Payback \rm\ period= \rm \ Number \rm\ of \rm \ year \rm \ before \rm \ breakeven + \frac{\rm\ Cumulative \rm\ cash \rm\ flow \rm\ for \rm\ 2nd \rm\ year }{\rm\ Cash \rm\ flow\rm\ for \rm \ third \rm\ year } \\\rm 3.25 \rm\ years= \rm\ 2 \rm\ years + \frac{\$36,000-\$9,000-\$12,000}{\rm\ Cash \rm\ flow\rm\ for \rm \ third \rm\ year } \\\rm Cash\ \rm flow \rm\ for\rm \ third \rm\ year=\frac{\$15,000}{1.25 \rm\ years}\\\rm Cash\ \rm flow \rm\ for\rm \ third \rm\ year = \$12,000[/tex]

Hence, the amount of cash flow for the year 3 come out to be $12,000 by using the payback period formula.

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As a CEO, Olivia tries to empower lower-level managers to have some decision-making authority and encourage values and norms that facilitate change and innovation. Olivia is making the organization more ______.

Answers

Based on this information, Olivia is making the organization more organic, which is based on a management model focused on human development.

What is an organic organization?

It refers to an organizational management system that tries to reduce the degree of formality and impersonality that exists in the bureaucratic organization, including people from all organizational levels.

It emphasizes the social system and the initiative of the people, it has a highly adaptive structure and it allows changes and innovations to occur as quickly as necessary.

Therefore, we can conclude that based on this information, Olivia is making the organization more organic, which is based on a management model focused on human development.

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What is a difficulty with using gold as money?

Answers

Answer:

Gold money lacks most of these: It's not very durable, is hard to transport, is easy to counterfeit and is a variable store of value

You need to revise your budget to meet your short-term goal of buying a new computer. you will need to budget $50 a month. how will you revise your budget to meet this goal?

Answers

To revise a budget to meet a goal is to compare cash flow(In flow and flow) in conjuction with the target one is expected to hit.

What is Budget Revision?

In simple terms this can be described as the act of checking and balancing the fund at hand currently with the suppposed amount to meeting a need and adjusting by cutting cost to meet this amount

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Answer:I could increase my discretionary spending to $365, which would allow me to spend $50 per month on my computer.

I could also reduce other expenses to compensate for the change. For example, I could replace my entertainment budget with a computer budget.

Explanation:

got it right

11. Explain the importance of having a formal lease and reading it thoroughly before you sign

Answers

Prior to signing a lease, a formal lease agreement should be initiated which defines all the terms and conditions of the lease so that the other party, that is, who is using the leased asset, cannot have any reason to deny the lease.

What is a lease?

A lease is a contract between two parties to use the owner's asset for an agreed time. The owner of an asset is known as the lessor and the person who uses the leased asset is known as the lessee.

A lease agreement should be in written format stating all the terms and conditions of using the leased asset. Before signing it, the lessee should read the contract, so that any false claim put by the lessor in the contract can be identified and then accept it by putting his/her signature. If there is no agreement, then the lessee might get denied the consideration and can also exercise a lien on the leased asset.

Therefore, a formal lease contract should be thoroughly read before signing by the other party.

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Who first identified cyclical patterns in the economy and created what is often referred to as ""the business cycle""?.

Answers

Answer:

Clemente Juglar.

Explanation:

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PLEASE help i'll give brainliest: explain how nuclear power plants work (and everything that happens inside them, the reactions, the steam, the water etc.) In the Branding Process what is the value that the brand contributes to a product in the marketplace Hanson and his classmates placed colored blocks on a scale during a science lab. The blue block weighed 8.1 pounds and the green block weighed 3.758 pounds. How much more did the blue block weigh than the green block?This is for my younger brother 3. Calculate the [H+], POH, and [OH-] for the following solutions:a) (10 Points) pH 2. 90 (the approximate pH of lemon juiceb) (10 Points) pH 3. 86 (the approximate pH of sauerkraut)c) (10 Points) pH 10. 81 (the approximate pH of milk of magnesia)d) (10 Points) pH 4. 11 (the approximate pH of orange juice)e) (10 Points) pH 11. 61 (the approximate pH of household ammonia) 2a = 2 + 4(a +3)a =HELPP Evan put a 2-pound weight on one side of the scale. How many 1-ounce weights will he need to put on the other side of the scale to make them equal? What does Mary do that helps Colin? (Select all that apply.) She tells Colin that she will take him to the secret garden. She sings him a Hindustani song to help him fall asleep. She does not let him pity himself. She gives him new ideas to think about. Which of the following assignments from your teacher would be best completed by writing a literary analysis essay? A. Write about your favorite book B. Write about why you like literature C. Write about an author's use of symbolism to express his or her main theme D. Write about symbolism as a literary technique Name the government system which matches the description in the resource and state how people get their wealth. What is the name of the group of factors that predispose a leader's capacity to develop components of authentic leadership According to the line plot, what is the total weight of the dog toys that weighed 1/8 of a pound or 3/8 of a pound? Which action could cause a sample of liquid to boil ? Which function is the inverse of f(x)=-5x-4 PLSSS HELP IF YOU TURLY KNOW THISS What are the advantages of a private limited company rather than a partnership as a form of business organisation? PLSSS HELP IF YOU TURLY KNOW THISS Which of the following is a benefit of running?O A.Lower intensity than walkingO B. Has no effect on abdominal and back musclesO C. Burns calories faster than walkingO D. Decreases muscular endurance in legs True or false: Donatello exemplified Renaissance ideals in his sculpture of David by making the hero larger than life in abstract ways. True false question. You want to buy a new computer for $1500. You only have $500 right now, so you decide to deposit the money into an account yeilding 5% interest compounded monthly, how long until you have enough to buy the computer What is the following product? Assume x>0. ^3root (x^2) ^4root (x^3)