Identify the item below that is the biggest purchasing function cost driver
A) the number of purchase requisitions processed
B) the number of suppliers used
C) the number of purchase orders processed
D) the quantity of items ordered
Answer: C
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Le Sud Retailers has a current return on investment of 10% and the company has established an 8% minimum rate of return for the division. The division manager has two investment projects available, for which the following estimates have been made:
Project A - Annual controllable margin = $24,000, operating assets = $400,000 Project B - Annual controllable margin = $60,000, operating assets = $550,000 Which project should be funded? a) Both projects b) Project A c) Project B d) Neither project
Which of the following are tangible goods that normally survive many uses?
A) generic goods B) durable goods C) core benefits D) convenience goods E) unsought goods