Which of the following is an example of outsourcing?
A) a smartphone manufacturing company factoring its receivables as a source of capital
B) a large conglomerate company selling a business wing to its competitor
C) an automobile company merging with a manufacturing firm to create economic synergies
D) a petrochemical company assigning a vendor to make software for its supply chain management
Answer: D
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MFL Sales expects to sell 460 units of Product A and 450 units of Product B each day at an average price of $15 for Product A and $33 for Product B The expected cost for Product A is 38% of its selling price and the expected cost for Product B is 57% of its selling price. MFL Sales has no beginning inventory, but it wants to have a six-day supply of ending inventory for each product. Compute the budgeted cost of goods sold for the next (seven-day) week. (Round the answer to the nearest dollar.)
A) $67,032 B) $66,519 C) $130,500 D) $77,606
An estoppel certificate primarily benefits:
a. The mortgagor b. The mortgagee c. The new buyer of the property d. The investor who purchases the note and mortgage