When selling a commodity for which there is little possibility of product differentiation, a company would likely use which of the following orientations internationally?

Rikart Real Estate has a $2,000,000 installment accounts receivable. Rikart recognizes income for tax purposes when cash is collected, and pays tax at a rate of 35%. Rikart's balance sheet should include a deferred tax liability of:

a. $2,000,000. b. $700,000. c. $0.

The goal of procurement is

A) to analyze spending across various suppliers and component categories to identify opportunities for decreasing the total cost. B) to analyze spending across various suppliers and component categories to identify opportunities for increasing the total cost. C) to enable orders to be placed and delivered on schedule at the lowest possible overall cost. D) to enable orders to be placed and delivered on schedule regardless of cost.