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You are the purchasing manager of a company and are responsible for ensuring that ne-cessary inputs are available to keep your factory operating. For each of the three types of purchases identified below, recommend whether your company should use spot purchases, contract purchase, or internal production. Support your answer using economic concepts from this course. To what extent is your decision and any contract terms affected by the variability in the demand for your product and thus your need for the product purchased?
a. A subsystem that is similar to but not exactly the same as subsystems used by competitors; several large companies offer to make modifications to the subsystem to fit your requirements.
b. A part that is unique to your company and requires significant capital investment in order to produce. Your company is the only one using this part but several vendors have offered to manufacture it for you.
c. Light fixtures and light bulbs used to illuminate the factory floor.
Looking for couple paragraph summary of this reading about Going It Alone as a Solo Proprietor Sarah: I FEEL OLD. IT'S HORRIBLE. PEOPLE NEVER GUESS WHEN THEY TALK TO ME, SO, I'VE GOTTEN USED TO IT NOW. UNFORTUNATELY, I'VE HAD A ROUGH TIME. I'VE HAD T..
Describe an example of a contract that you or someone you know entered into (e.g., rental agreement, cell phone agreement, property purchase or lease [e.g., car, home, furniture, etc.], home or car repair, or student loan agreement). In your de..
Important information about Cross-Cultural Communication - What cross-cultural communication errors have you heard of? Have any happened to you?
What are two benefits and two issues/challenges to voice, video and data services converging into one market?
A description of the organization and its primary stakeholders. Include the vision and mission statement if they are available to the public, and the code of ethics if the company has one
Leblanc Electronics, Corporation, in Nashville, manufactures short runs of custom airwave scanners for the defense industry.
Freeman, Managing for Stakeholders 1. According to Freeman, what is the dominant model of managerial capitalism 2. Explain (make a logical argument) for why the dominant model is not consistent with Basic Ethics a. The Separation Fallacy
What is the anticipated sample size: How many will be included? How will you determine this number?
Pick a labor union movement leader from the US who was in the news or in power at any time between 1900 and 1970. Then, research this person and his or her contributions to the growth of unionization in the United States. After you have conclud..
Quantum merit describes a) The compensation owed under an implied-in-law contract. b) A certification earned by judges that permits them to interpret ambiguous terms in contracts.
Sections 3.4 and 3.5 of the textbook show that the three-noded CST shape functions permit u and v to be defined by complete linear functions in terms of a constant and x and y terms. Similarly, the six-noded LST has displacements defined by complete ..
Explain the process of risk identification, risk assessment, and the development of risk control strategies in designing security for an information management system.
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