The next step after Request For Information is: "Issuing an RFP (request for proposal) to prospective sellers" (Option B)
What is request for Proposal?A Request for Proposal (RFP) is an open call for bids for the execution of a new project proposed by the firm or other organization issuing it. Its goal is to generate a wide range of alternative recommendations that may be considered by the project's managers.
A request for information (RFI) is a formal method for acquiring information from possible providers of an item or service. Customers are supposed to write RFIs and send them to potential vendors.
What is Request for Information?With the data acquired from RFI responses/information from suppliers, procurement managers can compile the requirements as an RFP with questions and assessment criteria to buy the material needed.
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Full Question:
As the project manager for a software project that involves leading edge technology that has yet to be proven, you are charged with procuring the right software development partner to deliver project requirements. You have already completed a request for information (RFI) but there remain issues that can only be solved once development has begun. What is the next step in the bidding process?
A) Make a Single Source selection
B) Issuing an RFP (request for proposal) to prospective sellers
C) Issuing and RFQ (Request for Quote) to prospective sellers
D) Choose the resource that provides the lowest cost estimate
flitter reported net income of $22,000 for the past year. at the beginning of the year the company had $209,000 in assets and $59,000 in liabilities. by year end, assets had increased to $309,000 and liabilities were $84,000. calculate its return on assets:
With the help of the given figures, after putting all the figures in the formula that is used for calculating return on assets, the figure that has been arrived at is 8.4%.
What is return on assets?A return on assets is nothing but a kind of return that has been arrived at or gotten in exchange for the investment that has been made by an individual, a firm, an organization, or anything else. There is an easy way to calculate the return on interest.
There are various types of interest returns, but if it is considered a good return on investment, it should be greater than 5%, whereas if it is considered better, it will be greater than 20%.
Return on Assets = net income / [(previous years assets + increased assets )/2]
Return on Assets = $22,000/ [( $209,000 +$309,000 )/2]
Return on Assets =$22,000 / $259,000 = 0.084 = 8.4 %
Thus, return on assets in the given case is 8.4%.
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one advantage of is the direct crossing of trades without using a broker-dealer system eliminates the bid-ask spread that otherwise would be incurred
one advantage of is the direct crossing of trades without using a broker-dealer system eliminates the bid-ask spread that otherwise would be incurred Trades are not executed quickly
What is incurred Trades ?In financial trading, a rogue trader is an employee who, under certain restrictions, has the authority to execute trades on behalf of their business but instead executes illicit deals. Mismarking of securities is another potential aspect. The offender works for the firm legally as an employee, but without authorization, they engage in business on the company's behalf or misrepresent securities that belong to the company.
audio icon What a Rogue Trader Learned About the Financial Crisis, Knowledge
One well-known rogue trader is Nick Leeson, whose losses on illicit trades in index futures contracts were enough to drive his employer Barings Bank into bankruptcy in 1995.
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Desmond works in Power, Structural, and Technical Systems. He would most likely be employed by
Answer:
He would most likely be employed by O a farm company or dealership. a small farm or bakery.
Explanation: He would most likely be employed by O a farm company or dealership. a small farm or bakery.
Answer:
Correct ^^^
Explanation:
Which of the following is used as the key determinant to signal to producers what
S.
to produce and how much to produce in a free-market economic system?
A) the market curve
B) trend
C) price
D) quantity
Answer:
i guess the answer is :- trend
insurance companies negotiate discounts with hospitals under a(n) question 18 options: ppo. hmo. epi. fyi.
When interacting with healthcare providers, insurance companies bargain for discounts for their customers.
Insurance is a legal agreement, evidenced by a policy, under which a policyholder receives financial security or compensation from an insurance provider against losses. In order to make payments to the insured more manageable, the company pools the risks of its clients.
The measure had been deemed unlawful by the insurers' trade association, which also claimed that it would "undermine competitive discussions." Four hospital associations filed an united lawsuit against the government to stop it, and after losing, they appealed. They lost once more, and seven months later, many hospitals are still doing nothing to comply with the obligation. However, evidence from the participating hospitals provides a clue as to why the influential industries wished to keep this information secret.
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you are planning for your retirement in 4 years. you have $1,000,000 to invest today plus you will invest an additional $500,000 at the end of the year for the next 3 years. how much money will you have at retirement if your retirement savings earns 7% per year
I will have approx $3.03 million att my retirement.
We use the formula:
A=P(1+r/100)^n
where
A = future value
P = present value
r = rate of interest
n = time period.
A=1,000,000*(1.07)^4+500,000*(1.07)^3+500,000*(1.07)^2+500,000*(1.07)
=$3030767.51
=$3.03 M(Approx)
Retirement refers to the time of life when one chooses to permanently leave the workforce behind. The traditional retirement age is 65 in the United States and most other developed countries, many of which have some kind of national pension or benefits system in place to supplement retirees' incomes.
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Read the passage. Then answer the questions that follow.
Langston is a college-bound high school senior in Georgia with a big decision to make. He has been accepted to both a small college in the town where he lives and a large state university on the other side of Georgia. Both schools offer the bachelor's degree in logistics that he wants. The large state university has offered him a generous financial aid package that brings his tuition and fees
down to only $2,000 per year, but it is 250 miles from home. Housing at the university would cost $4,000 per year. He might be able to find work at a restaurant or store in the city around the university to help pay for his housing. The smaller college in his own town would cost him $4,000 tuition and fees per
year after a small amount of financial aid, but he could live at home with his parents for free. His mom could also get him a part-time job at the small logistics company where she works. And of course he could do his laundry at home and
eat with family. If Langston chooses to attend the small college in his town, what should be
considered part of the opportunity cost of this decision?
A. the bachelor's degree in logistics he would earn after four years
B.the expensive housing fees he would have to pay to live at the large university
C.the expense of traveling to and from his home during holiday breaks
D.the independent living skills be would learn living away from home most of the year
The independent living skills be would learn living away from home most of the year. Individuals require independent living skills in order to accomplish daily activities such as eating, cleaning, and maintaining personal hygiene.
Children with vision impairments, like their sighted peers, may and should begin developing independent living skills from infancy. Being as self-sufficient as feasible is what independent living entails. It entails taking risks and being given the freedom to succeed and fail on your own terms. Independent living entails having the greatest amount of control over where you live, with whom you live, how you live, where you work, and how you spend your time.
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What is required in order to make a good career decision
Answer:
You need to follow curtain decision making chart that requires you to ask and answer questions about the decisions made in picking and making a good career! Best of luck !
What are some of the resources that families and individuals can use to reach their financial goals? Why is it important to take stock of these resources when planning financial goals?
Answer:
There are many ways one can reach their financial goals, to start off, you need a plan, think through what you want to do in order to succeed and have a better future. take time to organize you documents; such as credit card and tax papers you need in order to make a better plan and save up, which is another good recourse, saving up is a good way to fanatically improve your profile. Keep track of your expenses and find your spending leaks, this means to spend less if you want to save up for future travels or such. Create a spending plan; Use a spending plan to ensure your daily spending habits don't overwhelm your goals. Think through what you really want to do and best of all, invest money to reach your goals! Put simply, you have many ways to reach your financial goals, there are options like maintaining a strong credit report.
The resources that families and individuals can use to reach their financial goals are creating a budget, saving money for short term and long term plans, building good credit etc.
What is financial goal?A financial plan is a comprehensive evaluation of an individual's current pay.
What is a budget?A budget is a financial plan for a defined period, often one year.
What is a good credit?A credit score is a numerical expression based on a level analysis of a person's credit files.
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a marketing manager wants to determine which marketing campaign for a specific product was the most successful as determined by the amount of revenue generated. she uses the company’s mkis to determine how much revenue was generated for each of the three major campaigns run that year to determine revenue generated as compared to the cost of the campaign. this is an example of using an mkis to
She uses the company's MKIS to determine how much revenue was generated for each of the three major campaigns run that year to determine revenue generated as compared to the cost of the campaign. This is an example of using an MKIS to assist with cost-benefit analysis
What is Marketing?This refers to the creation of awareness for a particular product to drive sales.
Hence, we can see that the above example of using an MKIS to assist with cost-benefit analysis because it is used to determine revenue generated as compared to the cost of the campaign.
With this in mind, a cost-benefit analysis would help to tally the costs of a project and then minus the amount needed for the project and this was used to determine generated revenue.
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if a firm is concerned about capital constraints and needs to prioritize its projects, which budgeting technique should the firm use?
A firm that is concerned about capital constraints and wants to prioritize its projects must use Profitability Index (PI).
Profitability Index (PI) is a budgeting technique describes an index that represents the relationship between the costs and benefits of a project. It is calculated as the ratio between the value (present) of the future and the initial amount invested in the project.
A higher Profitability Index means that a project will be more attractive. The profitability Index is basically helpful in ranking different projects. It is actually an appraisal technique applied to potential capital outlays. The method divides the projected capital inflow by the projected capital outflow to find out the profitability of a project.
The profitability Index is the comparison and contrast when a company has several investments and projects it is considering undertaking. This index can be used to determine which is the best investment.
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after a great deal of effort, your team has gathered the necessary data and created a price and margin waterfall. what should you do next?
After gathering the necessary data and creating a price and margin waterfall, the next thing you should do is: D. compare and benchmark against internal or external groups, which will help identify root causes of leakages.
What is price?Price can be define as an amount of money which is primarily set by the seller of a good (product), and it must be paid by a buyer to the seller, so as to enable the acquisition of this good (product).
What is a price and margin waterfall?A price and margin waterfall is also referred to as NET or NET 3 margins and it can be defined as a visual tool which is designed and developed for measuring how the price of a good (product) cascades down to the pocket margin.
This ultimately implies that, a price and margin waterfall can be used to find hidden costs and margin (money) leakages from each transactions or at every price level.
In conclusion, we can reasonably infer and logically deduce that the next thing you should do after gathering the necessary data and creating a price and margin waterfall is to compare and benchmark against internal or external groups, which will in turn help in identifying the root causes of leakages.
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Complete Question:
After a great deal of effort, your team has gathered the necessary data and created a price and margin waterfall. What should you do next?
A. Make sure the results are kept private to your team.
B. Make sure the price and margin waterfall was created with a single product unit.
C. Once you have one version completed, use the patterns highlighted to fix problems.
D. Compare and benchmark against internal or external groups, which will help identify root causes of leakages
a house has been on the market for several months because most buyers do not want to walk through the master bedroom from the garage to reach the kitchen. this floor plan is an example of
A house has been on the market for several months because most buyers do not want to walk through the master bedroom from the garage to reach the kitchen. This floor plan is an example of functional obsolescence.
Functional obsolescence is a reduction of an item's usefulness or desirability due to an previous design feature that cannot be easily modified. clients can mitigate losses resulting from practical obsolescence with the aid of thinking about the lengthy-time period usefulness of bought items.
Practical obsolescence occurs whilst an asset will become less beneficial or applicable due to an outdated layout that cannot without difficulty be updated or modified. (Tweet this!) In the latest decades, useful obsolescence is most often the result of the latest technology; an amazing instance is the VHS videotape.
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current challenges in operations management include all of the following except: part 2 a. rapid product development. b. lean operations. c. increased communication cost. d. sustainability. e. mass customization.
Out of the choices provided above, it can be said that the current challenges in operations management include all of the following except increased communication cost. Therefore, the option C holds true.
What is the significance of communication costs?Communication costs can be referred to or considered as the costs incurred by an organization to spread awareness and convey the message of achieving efficiency in the management, especially related to the operations of an organization.
Therefore, the option C holds true and states regarding the significance of communication costs.
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an insured under a group disability plan is required to pay 1/3 of the premium. upon disability, the insured receives a $6,000 monthly benefit from the plan. how much of the $6,000 is subject to income tax?
An insured under a group disability plan is required to pay 1/3 of the premium. upon disability, the insured receives a $6,000 monthly benefit from the plan. The subject to income tax is $4,000.
Since the employer pays 2/3 of the monthly premium, then 2/3 of the monthly benefit ($4,000) would be taxable as income to Nathan. Relevant content. Federal Tax Considerations for Business and Group Health Insurance Policies.
Profits Tax is a tax on a person's earnings, emoluments, earnings springing up from belongings, the practice of the profession, the behavior of exchange or commercial enterprise, or at the pertinent items of gross income unique within the Tax Code of 1997 Tax Code, as amended, much less the deductions if any, legal for such varieties of earnings, by way of the Tax CodeIf you can be claimed as a base by another taxpayer, the profits threshold for filing is generally decreasing than the chart.
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macroeconomists tend to combine many markets into one. for example, the behavior of all households and firms together is called
Macroeconomists tend to combine many markets into one. for example, the behavior of all households and firms together is called Aggregate behavior.
Macroeconomics is a department of economics handling performance, structure, behavior, and decision-making of an financial system as a whole. For example, the use of hobby rates, taxes, and authorities spending to alter an financial system’s increase and stability. This consists of regional, countrywide, and worldwide economies.
Macroeconomists examine subjects which include GDP (Gross Domestic Product), unemployment (consisting of unemployment rates), countrywide income, charge indices, output, consumption, inflation, saving, investment, energy, worldwide trade, and worldwide finance.
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Macroeconomists tend to combine many markets into one. for example, the behavior of all households and firms together is called aggregate behavior.
In behavior aggregate behavior the sum of individual behaviors. It is about the relationship between economic aggregates such as national income, government spending, and aggregate demand. For example, the consumption function is the relationship between aggregate demand for consumption and aggregate disposable income.
Models of collective behavior can be derived from direct observations of the economy or from models of individual behavior [1]. The theory of collective action is central to macroeconomics.
Aggregate behavior is the study of the interplay of factors that affect individual households or firms, which in turn influence economic behavior, which in turn leads to economic change.[2] Aggregate behavior Since is defined differently in different economic theories, households and firms respond differently to changes in the business cycle. The interaction between macroeconomics and microeconomics brings about positive and negative changes.
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management is defined as the science and art of ensuring that goods and services are created and delivered successfully to customers.
Operations management is defined as the science and art of ensuring that goods and services are created and delivered successfully to customers.
Management is the administration of a corporation, whether or not it's far a business, a non-profit organization, or a government frame. It is the art and technological know-how of managing the assets of the business.
It enables in reaching organization dreams - It arranges the factors of manufacturing, assembles and organizes the sources, and integrates the sources in an effective manner to obtain dreams. It directs organization efforts in the direction of the success of pre-determined desires.
Management is described because the technique of planning, organizing, directing and controlling an employer's operations as a way to attain coordination of the human and material resources important inside the effective and green attainment of objectives.” -Robert L. Trewelly and M. Gene Newport.
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state any five types of legal requirements that will be required for your bussiness
The law state the legal requirements which an entrepreneur is required to obtain when commencing a business. These legal requirements include the necessary permits, licenses, tax registration numbers, insurance policy, labor laws requirements, etc.
This legal requirements isn’t compulsory for an entrepreneur(s) to obtain when starting a business but it’s important. The Companies and Allied Matters provide for different companies that an entrepreneur can register to carry out his business.
A private corporation limited by shares is the suggested legal form for entrepreneurs (private limited liability company). It has a minimum share capital of N500,000 and is registered by at least two individuals legal requirements(Five Hundred thousand Naira)
The Company and Allied Matters Act does not mandate that the share capital be paid in full prior to the start of operations. An entrepreneur, however, can register as a business name if they lack the legal requirements resources to do so as a company.
In order to collect paperwork from the government or private groups on behalf of the business, such as licenses and permits, a business name certificate is necessary legal requirements.
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Of the statements listed, which best characterizes the potential impact of factors occurring outside our domestic economy and markets? a) factors outside the united states can impact our securities and trade markets, but the effects are always short term and thus impact our domestic economy very little. B) factors outside the united states can have immediate and prolonged impact on our securities and trade markets and thus our domestic economy. C) factors outside the united states have little impact on our securities and trade markets and thus our domestic economy. D) factors outside the united states never have immediate impact on our securities and trade markets, but over time can impact our domestic economy
The answer is Factors outside the United States can have immediate and prolonged impact on our securities and trade markets and thus our domestic economy.
The definition of recession means a condition of real economic growth that grows negatively. In short, there was a decline in gross domestic product for two consecutive quarters in the current year.
Recession is marked by the weakening of the global economy. An economic recession will result in a decrease in all economic activities such as corporate profits, employment and investment simultaneously.
An economic recession is usually synonymous with falling prices (deflation), or conversely, a sharp rise in prices (inflation) in a process known as stagflation. Other factors for the occurrence of a recession can be seen from several things such as the imbalance between production and consumption.
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Each department has a separate work in process account when using ______ costing.
Each department has a separate work-in-process account when using process costing.
Companies use process costing to calculate item cost by monitoring the cost of every stage in the manufacturing process rather than tracking expenses for each single item. They divide the overall cost by the amount of things after summing up the costs of all the phases in the process. This is referred to as the price per unit. A paper manufacturer, for example, may determine the price of each step in the process of converting wood pulp to reams of paper, then split the overall price by the number of reams to determine the cost per ream.
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a manager wants to accurately predict how many light-up three-wheeled scooters they’ll need to meet holiday demand. which component of supply chain management would the manager be using to determine the appropriate number to produce?
The component of supply chain management that the manager will be using to determine the appropriate number to produce is known as Supply chain planning.
What is a Supply chain planning?In supply chain management, this means the process of coordinating assets to optimize the delivery of goods, services and information from supplier to customer, balancing supply and demand.
Therefore, the component of supply chain management that the manager will be using to determine the appropriate number to produce is known as Supply chain planning.
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the ratio takes the sum of cash, short-term investments, and current receivables and divides the total by current liabilities. it helps determine immediate short-term debt-paying ability.
The ratio that takes the sum of cash, short-term investments, and current assets and divides it by the current liabilities is called the liquid ratio or the quick ratio.
The liquid ratio or the quick ratio helps us to determine the immediate short-term debt-paying ability that the company has. The Liquidity ratios help us to determine how quickly the company can convert the assets and use them for meeting the debt that arises. The higher the ratio, the easier the more the ability to clear the debts and avoid defaulting on payments.
The more higher this ratio the more the creditors and investors will prefer this company. They would prefer a ratio of 2 or 3. An ideal liquid ratio will be 1. A ratio that is lesser than 1 means the company is facing negative working capital and can experience a liquidity crisis in the future. The liquidity ratio can also be called the acid test ratio and is one of the financial ratios.
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AHHHHHHHHHHH IDK WHAQT TO DO I HAVE FOUR DAYS TO COMPLETE 12 ASSIGNMENTS AND FIVE MIDTERMS I AM BEYOND STRESS SOMEONE SHOOT ME NOW PLEASE
which of the following is the best use for an emergency fund
Answer:
Replace an appliance that breaks unexpectedly.
Answer:
Replace an appliance that breaks unexpectedly.
Explanation:
How can a business prevent clients constantly returning items that are not working properly?
Question. Would you don’t to a businesses GoFundMe if they gave you a free product in return.
Answer:
well it depends on the product but if the GoFundMe is for something good I'll do it anyway but if I'm down bad I would say that GoFundMe
One way that marketing mix characteristics differ for organizational buying compared to consumer buying is that for organizational buying.
One way that marketing mix characteristics differ for organizational buying compared to consumer buying is that for organizational buying is that price is often negotiated.
What is a marketing mix?This refers to the multiple areas of focus as part of a comprehensive marketing plan. It often refers to a classification that began as the four Ps which includes product, price, placement, and promotion.
In practice, an effective marketing touches on a broad range of areas as opposed to fixating on one message, so, by doing so, its helps reach a wider audience and by keeping the four Ps in mind, marketing professionals are better able to maintain focus on the things that really matter.
As focusing on a marketing mix helps most organizations make strategic decisions when launching of products, however, the one way that marketing mix characteristics differ for organizational buying compared to consumer buying is that for organizational buying is that price is often negotiated.
Missing words" A. advertising is typically uplifting and inspiring in nature. B. promotions of all kinds are avoided. C. price is often negotiated. D. distribution is of negligible importance. E. product quality is assumed among sellers and is rarely a buying criteria.
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One way that marketing mix characteristics differ for organizational buying compared to consumer buying is that for organizational buying, price is always negotiated
Many people are involved in purchasing decisions in organizations. The organizational buyer's decision-makers are people subject to many of the same emotional criteria that apply to personal purchases.
Purchasing decisions in organizations frequently involve a variety of complex technical dimensions. The organizational decision-making process is often lengthy, resulting in a significant lag between the marketer's initial contact with the client and the purchasing decision. Because many new factors may enter the picture during this lag period, the marketer's ability to monitor and adjust to these changes is critical. Organizations cannot be classified precisely. Each organization has a distinct operating style and personality.
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4. Explain the importance of technical vocational education
Explanation:
VET ( it prepares people to work in various jobs)
it is important business career
help to develop new professional skills
improve your current skills
retrain for new employment
improving quality of employment
if you can plz put this answer as a brainlist answer
the discipline by which quality characteristics are embedded into the product or service is known as
The discipline by which quality characteristics are embedded into the product or service is known as Quality engineering.
Quality engineer work with pleasant assurance and exceptional management groups to increase strategies, check approaches and enforce systems that make sure the goods and strategies fulfill exceptional requirements, meet safety policies, and satisfy customer expectations.
They make sure that the manufacturing techniques are green and correct, documenting findings that could improve concerns, accomplishing satisfactory tests even as watching parameters, and enforcing changes as important to fulfill the highest first-class standards.
The assignment of becoming a excellent assurance engineer is gaining knowledge of the necessary coding languages, software programs, and hardware had to carry out this position. This takes a big preliminary funding of time and power to research.
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if the company now purchases office equipment on account for $20,000, the accounting equation will change to:
The accounting equation will change to $500,000 = $260,000 + $240,000
An equation is a mathematical statement this is made from two expressions connected via the same sign. as an instance, 3x – 5 = 16 is an equation. solving this equation, we get the price of the variable x as x = 7.
The equation is described as the country of being identified and is frequently proven as a math expression with equal values on both facet, or refers to a problem where many staff needs to be taken under consideration. An example of an equation is 2+2 = three+1.
There are two forms of equations: identities and conditional equations. An identification is proper for all values of the variables. A conditional equation is handiest true for unique values of the variables. An equation is written as two expressions, related with the aid of an equals signal ("=").
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