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QUESTION
(a) List the five elements of the purchasing mix.
(b) Describe briefly the four essential elements of a legally binding contract.
(c) Distinguish between performance and conformance specifications.
(d) Compare and contrast between bid security and performance security.
(e) Describe two methods used for pricing the issue of raw materials to production.
(f) Explain the importance of supplier appraisal.
(g) Explain briefly the Just in Time concept.
'A' Priori Probability This is a probability computed by rationally examining existing information. A priori probability can most simply be explained as making a conclusion on
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Should a company pursue price hike or focus on increasing sales volume
A total of $426,000 seed-funding would be ideal to start the project on a local basis. The cost analysis done above is for the material required to perform the work, and as the wor
TYPES OF WORKING CAPITAL Working capital can be split up into two categories on the basis of time. They are Permanent Working Capital and Temporary or Variable Working capital
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Q. Example on Bills of exchange? ARG Co will be apprehensive to protect the sterling value of its expected dollar receipt. The quoted forward rates demonstrate that the dollar
Q. Calculation of Cost of Capital? Calculation of Cost of Capital: - Calculation of cost of capital includes: (A) Calculation of cost of specific sources of finance (B) C
What do financial managers look for when they analyze pro forma financial statements? After the pro forma financial statements are finished, financial managers examine the
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