The goal of vendor analysis is
A. lowering the total costs associated with purchases.
B. focusing buyers and sellers on just the economic factors needed to reduce costs.
C. just getting a low price from the supplier on a given part or service.
D. just satisfying the needs of the customer company.
E. satisfying the needs of the individuals who influence the purchase.
Answer: A
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When the Modern Museum of Art separated its consumers by whether they were culture-oriented or outdoor-oriented for its new exhibit on art that used natural materials, they were using ________ segmentation
A) psychographic lifestyle B) personality C) behavioral occasions D) social class E) demographic
Horizontal analysis is performed when:
a. total assets are set at 100% and all other balances are a percentage of total assets. b. the percentage change in the balance sheet and income statement numbers is computed for one period to the next. c. there is a need to calculate and compare key ratios from period to period. d. income statement amounts are shown as a percentage of total sales.
N&B Inc. sold land worth $385,000. The purchaser paid $80,000 cash and assumed N&B's $305,000 mortgage on the land. N&B's amount realized on sale is $385,000.
Answer the following statement true (T) or false (F)
Revocation is the withdrawal of an offer by the offeror
Indicate whether the statement is true or false