Researchers have found that buyer-supplier relationships differed according to four factors: availability of alternatives; importance of supply; complexity of supply; and supply market dynamism. Based on these four factors, they classified buyer-supplier relationships into eight different categories. What are those categories?
What will be an ideal response?
Answer: The categories are:
? basic buying and selling
? bare bones
? contractual transaction
? customer supply
? cooperative systems
? collaborative
? mutually adaptive
? customer is king
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The reliability of audit evidence is a measure of the quality of the underlying evidence and is influenced by risk, potential management bias associated with the evidence, and the quality of the internal control system underlying the preparation of the evidence
a. True b. False Indicate whether the statement is true or false
If a company uses an actual cost system, inventory records can first be updated from the
a. vendor invoice b. purchase order c. receiving report d. purchase requisition
______________________________ is the integration of statistical and analytical tools with decision support technologies to facilitate complex analyses of data warehouses by managers and decision makers.
Fill in the blank(s) with the appropriate word(s).
Given actual amounts of a semi-variable cost for various levels of output, the method that will always give the most reliable measure of the fixed and variable components is the:
A. high-low method. B. scattergraph method. C. linear regression method. D. account analysis method.