A supplier signs an agreement with a customer that states that $350,000 in savings will be earned by the customer over the next 18 months in exchange for a tenfold increase in the customer's share of supplies ordered by the customer

If the supplier achieves less than this promised savings, it will make up the difference. If the supplier achieves substantially more than promised, it participates in the extra savings. This is an example of ________.
A) solution selling
B) price fixing
C) demand shifting
D) systems buying
E) risk and gain sharing


E

Business

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To recognize indirect and direct factory labor cost for the month, an entry is made

a. debiting Payroll Expense, debiting Work in Process, and crediting Factory Overhead. b. debiting Work in Process, debiting Factory Overhead, and crediting Payroll Expense. c. debiting Work in Process, debiting Factory Overhead, and crediting Wages Payable. d. debiting Factory Overhead, debiting Payroll Expense, and crediting Accounts Payable.

Business

Entrepreneurs get used to a do-it-yourself approach, which can be especially trying for second career entrepreneurs.

Answer the following statement true (T) or false (F)

Business

Under which of the following conditions is an applicant most likely to be subjected to a polygraph test?

a. applying for a private sector job and having a history of criminal behavior b. applying for a job in a state judiciary c. applying for a job as upper management at a major corporation d. applying for a nonprofit job and having a history of mental illness

Business

________ time is the time a customer has to wait to talk to or receive a text back from a customer service representative.

Fill in the blank(s) with the appropriate word(s).

Business