The purchase of goods and services as they are needed, usually at prevailing market prices is referred to as
A) direct materials.
B) consolidation.
C) spot buying.
D) strategic sourcing.
C
You might also like to view...
A technique for preparing an effective sales messages is
a. presenting all the supporting evidence that is available. b. making the requested action clear and simple. c. avoiding the use of money-back guarantees that suggest the product may not be satisfactory. d. requiring immediate response from the receiver.
Brooklyn wants more from her employer, but her boss won’t budge on salary. She decided to brainstorm some other perks that she could ask for. Maybe she could ask to work from home oneday/week, or get increased vacation time, or receive an “education” budget for books and conferences? Which concept from the textbook describes Brooklyn’s approach?
a. Creative b. Innovative c. Original d. Visionary
Mr. and Mrs. Reece couldn't complete their 2019 Form 1040 before April 15, 2020. They estimate that they will have a $700 balance of tax due with the return. Which of the following statement is true?
A. The Reeces can file an extension request by April 15 to extend the filing date for six months without penalty. They must pay the $700 estimated balance of tax due with the extension request. B. The Reeces can file an extension request by April 15 to extend the tax payment and filing date for six months without penalty. C. If the Reeces fail to file their return by April 15, they may opt to request an extension but still will owe penalties to the IRS. D. None of the above is true.
Describe a reward system that would best motivate employees to learn several jobs. Identify potential disadvantages of this reward system.
What will be an ideal response?