Which of the following is the most appropriate approach to investors or shareholders who have high level of influence but low interest in the running of business?

Which of the following is the most appropriate approach to investors or shareholders who have high level of influence but low interest in the running of business?A . Engage and keep them satisfiedB . Engage and consult with them regularlyC . Keep these people inform through general communication mediaD . Manage them closely View...

Which of the following are most likely to beindirect costs of a garment manufacturer? Select THREE that apply.

Which of the following are most likely to beindirect costs of a garment manufacturer? Select THREE that apply.A . Packaging materialB . TextileC . Zips padsD . Maintenance materialsE . UtilitiesF . Depreciation of machinery View Answer Answer: D,E,F Explanation: Indirect costs are those cost that are not directly attributable to production. Examples of...

Which of the following are examples of push techniques in commercial negotiations? Select TWO that apply.

Which of the following are examples of push techniques in commercial negotiations? Select TWO that apply.A . Threat of punishment, costs and damageB . Listening to, involving andsupporting othersC . Argument based on information, logic and reasonD . Working together to define the problem, the goals and the best solutionE . Using language and...

When is the best time to adopt accommodating style according to Thomas-Kilmann conflict mode instrument?

When is the best time to adopt accommodating style according to Thomas-Kilmann conflict mode instrument?A . When both buyer and supplier want to find anintegrative solution as their concerns are too important to be compromisedB . When buyer needs to gather more information to gain more advantages in later negotiationsC . When preserving harmony...

Which of the following are means that deliver savings through optimising specifications?

To buying organisation, savings can be achieved from different saving levers or tactics . Which of the following are means that deliver savings through optimising specifications?A . Value engineeringB . Part substitutionC . BudgetlinkagesD . Compare total cost of ownershipE . Volume pooling View Answer Answer: A,B Explanation: If driving greater value and efficiency...

Within its current capacity, this supplier will make a profit at which of the following?

Before engaging in a negotiation with a supplier of rechargeable lights, procurement team tries to visualise the breakdown of supplier’s costs to calculate its break-even point. They estimate that total fixed expenses related to rechargeableelectric light are $270,000 per month and variable expenses involved in manufacturing this product are $126 per unit. The supplier...