The market portfolio in this case would be an equally weighted portfolio of Stock A and Stock B since they have the same market capitalization. This means that you would split your investment 50/50 between these two stocks to replicate the market.
How to show that CAPM does not holdThe expected return E(rM) of the market portfolio is a weighted average of the expected returns of the individual assets, and since the weights are equal (0.5 for each stock):
E(rM) = 0.5 * 8% + 0.5 * 14%
= 11%
\(Var(rM) = wA^2 * OA^2 + wB^2 * OB^2 + 2 * wA * wB * p * OA * OBVar(rM) = 0.5^2 * 0.15^2 + 0.5^2 * 0.20^2 + 2 * 0.5 * 0.5 * 0.3 * 0.15 * 20%\)
= 15%.
rf = 4.5%
For the Market Portfolio (M):
E(rM) = 11%
OM = 15%
For Stock A (A):
E(rA) = 8%
OA = 15%
For Stock B (B):
E(rB) = 14%
OB = 20%
The Sharpe ratios for these portfolios are:
Sharpe(M) = (E(rM) - rf)/OM = (11% - 4.5%)/15% = 0.433
Sharpe(A) = (E(rA) - rf)/OA = (8% - 4.5%)/15% = 0.233
Sharpe(B) = (E(rB) - rf)/OB = (14% - 4.5%)/20% = 0.475
The highest Sharpe ratio is for Stock B, and not for the market portfolio. Hence, the CAPM does not hold in this example because the market portfolio
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Double-Dip makes ice cream. The only advantage Double-Dip has over its competitors is taste. Double-Dip costs more and has more calories per unit weight. Promotions for Double-Dip should emphasize the experiential hierarchy of the ABC model of attitudes.
True
False
It is true that the only advantage Double-Dip has over its competitors is its taste.
Who is a competitor?Anyone who engages in business with, owns a company, participates in a sport team, or supports an institution is a competitor. In a race, a person is your competition if they're aiming to outrun you. In business, we don't merely say a person is a rival. Likewise, there are rivals in politics, acting, music, athletics, and other fields. A close competitor is referred to as a rival in business. As a result, competitors produce identical products and are of a similar size. We refer to two businesses as archrivals when they are industry leaders. Coca-Cola and PepsiCo, two market share leaders in the beverage industry, produce nearly identical goods. Coca-Cola and Pepsi are fierce competitors.
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one qualifier to _____________ is that although it may settle the surface problem, it may not solve any ongoing problem.
one qualifier to mediation is that although it may settle the surface problem, it may not solve any ongoing problem.
What is mediation?Mediation can be regarded as procedure that is used by parties in solving their disputes.
Therefore, one qualifier to mediation is that although it may settle the surface problem.
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The city of waterville applied for a grant from the state government to build a pedestrian bridge over the river inside the city's park. On may 1, the city was notified that it had been awarded a grant of up to $200,000 for the project. The state will provide reimbursement for allowable expenditures. On may 5, the special revenue fund entered into a short-term loan with the general fund for $200,000 so it could start bridge construction. During the year, the special revenue fund expended $165,000 for allowable bridge construction costs, for which it submitted documentation to the state. Reimbursement was received from the state on december 13.
Answer and Explanation:
The journal entries are shown below:
For May 1
No Entry Required as eligibility should be completed before recognition.
For May 5
Cash $200,000
To Inter fund Loans Payable-Current $200,000
(Being cash is recorded)
During the year
Expenditure $165,000
To Voucher Payable $165,000
(being expenditure is recorded)
Due from State Government $165,000
To Revenues $165,000
(Being revenue is recorded)
On Dec 13
Cash $165,000
To Due from State Government $165,000
(being cash is recorded)
On Dec 31
Revenues $1165,000
To Expenditure $165,000
(being closing entry is recorded)
And other entries are not added as the balance of $35,000 is not fulfilled the eligibility
Erik Erikson theorized that there are ______ stages of psychosocial development over the course of the lifespan.
Erik Erikson theorized that there are eight stages of psychosocial development over the course of the lifespan.
Erik Erikson, a prominent psychologist, proposed a theory of psychosocial development that encompasses eight stages experienced throughout the lifespan. Each stage represents a unique developmental challenge that individuals confront and resolve, influencing their personal growth and identity formation. These stages, spanning from infancy to late adulthood, include tasks such as trust versus mistrust, autonomy versus shame and doubt, initiative versus guilt, industry versus inferiority, identity versus role confusion, intimacy versus isolation, generativity versus stagnation, and integrity versus despair. Erikson's theory emphasizes the interaction between social and psychological factors in shaping individuals' development and understanding the challenges they face at different life stages.For more questions on psychosocial development:
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your project team just launched a new website. you schedule time for your team to meet and you treat them to lunch. which aspect of effective team building does this scenario demonstrate?
This scenario demonstrates the aspect of effective team building related to celebrating achievements and fostering team morale. By treating the team to lunch, the project manager is acknowledging their hard work and providing an opportunity for them to bond and celebrate together.
This can increase motivation, satisfaction, and collaboration among team members, ultimately leading to a more effective team. This scenario demonstrates the aspect of "reward and recognition" in effective team building. By scheduling time for the team to meet and treating them to lunch, the team leader is showing appreciation for their hard work in launching the new website. This helps to build morale and motivation within the team and reinforces a culture of positive reinforcement.
Providing rewards and recognition is an important aspect of team building as it helps to create a positive work environment and can increase employee satisfaction and productivity.
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A negative net present value indicates that the project’s return is ________.
A negative net present value indicates that the project’s return is net loss
What is a net present values?A net present values is a total sum of money that is currently available. It may be in terms of assets or revenue generated.
When there is a negative net present value, it means the revenues generated is lower that the cost of a project. This invariably leads to a loss for a particular company.
Hence a negative net present value indicates that the project’s return is net loss
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Qik Fix-It offers Cody a job as a plumber. No time for acceptance is specified in offer. The offer will terminate: Group of answer choices A. This common law offer will expire after a reasonable period of time. B. This UCC offer will expire after a reasonable period of time. C. After atypical work week (five business days) for this common law offer D. This common law offer will expire after a usual month (thirty calendar days). E. Never
Answer:
A. This common law offer will expire after a reasonable period of time.
Explanation:
Since in the question Cody offered a job from Qik Fix as a plumber but there is no time given for acceptance so the offer would be terminated after a reasonable time period as this represents a common law where the offer would be expire after a reasonable period in the case when the time period is not mentioned
Therefore the correct option is a.
3. ______ are defined as goods or services that are required for health and safety.
Occupational Health and Safety are defined as goods or services that are required for health and safety. Information standards are guidelines governing the information that must be provided to consumers when they purchase specific goods.
What is the safety of goods?A safe product is one that delivers either no risk or a minimum tolerable level of risk, taking into account the product's typical or reasonably foreseeable use and the need to maintain a high level of consumer protection.
Occupational health and safety is a multidisciplinary discipline that deals with all elements of workplace health and safety, with a heavy emphasis on preventing workplace dangers.
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the knowledge and skills that can be used to create new products, attract new customers, and increase profits is called
The knowledge and skills that can be used to attract new customers is
called Marketing.
Marketing is done by most organizations to enable them have more
customers thereby increase their profit margin as a result of high sales.
It is a skill that involves convincing people of the products advantages and
durability when compared to others. It also involves gathering information
from consumers to make a better product.
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***GIVING BRAINLIEST*** If you review your credit report and find an error, and you're able to prove it is, indeed, an error, how long does the credit bureau have to remove the error
Explanation:
he has to take as much time as he can
For a competitive equilibrium to occur, all of the following has to happen exceptA) agents are price takers.B) the government sets taxes at zero.C) markets clear.D) the actions of all agents are consistent.
Competitive equilibrium occurs when all agents in a market are price takers and the actions of all agents are consistent, leading to a market clearing where supply equals demand. The correct answer is B) the government sets taxes at zero.
For a competitive equilibrium to occur, the other three conditions mentioned must be satisfied:
A) Agents are price takers: In a competitive equilibrium, individual buyers and sellers have no influence over the market price and must accept the prevailing market price as given. They are price takers rather than price setters.
C) Markets clear: In a competitive equilibrium, the quantity demanded by buyers equals the quantity supplied by sellers in all markets. This implies that there are no shortages or surpluses, and the market clears.
D) The actions of all agents are consistent: In a competitive equilibrium, all agents in the market act rationally and consistently. Buyers maximize their utility, and sellers maximize their profits. Their decisions and actions align with their own self-interest.
However, the government's taxation policy is not a requirement for a competitive equilibrium. Taxes can exist in a competitive market, but their presence or absence does not determine whether a competitive equilibrium is achieved. Taxes may affect market outcomes and efficiency, but they are not essential for the occurrence of a competitive equilibrium. Hence, B is the correct answer.
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Which is an example of a small business showing social responsibility to individuals within the company?
A. starting an office recycling program
B. developing sustainable business practice
C. donating money to local organizations
D. allowing employees to work from home
Starting an office recycling program, developing sustainable business practice and donating money to local organizations are examples of a small business showing social responsibility to individuals within the company.
Company have a social responsibility to the communities in which they operate. This includes ensuring that they are good corporate citizens, providing support for local causes and charities, and protecting the environment.
Sustainable business is a term that is often used to describe businesses that are environmentally friendly or that have a positive social impact.
Hence, the correct options are "A, B & C".
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Hector Company gathered the following reconciling information in preparing its March bank reconciliation: Cash balance per books, 3/31$12,000 Notes receivable collected by bank6,000 Outstanding checks9,000 Deposits in transit4,500 Bank service charge75 NSF check1,200 Using the above information, determine the adjusted cash balance for March. a.$7,500 b.$16,725 c.$15,500 d.$12,225
Answer: $16,725
Explanation:
Given the following :
Cash balance per books for March = $12,000
Notes receivable collected by banks = $6000
Bank service charge - $75
Non-sufficient fund (NSF) check - $1200
Therefore, Adjusted cash balance for March:
(balance per books + notes receivable - bank service charge - NSF check)
$(12,000 + 6,000 - 75 - 1200)
$(18000 - 1275)
= $16,725
In a perfectly competitive market, the inverse demand curve is and the inverse supply curve is when this market is in equilibrium, what is the consumer surplus? (round only your final answer to one decimal place if necessary)
When a market is in equilibrium, it is allocative efficient (meets societal needs), and the sum of consumer and producer surpluses, or total economic surplus, is the maximised.
The surpluses below depicts this at the point where the quantity required equals the quantity delivered (Q1). Setting inverse supply equal to inverse demand and solving for Q yields the market equilibrium. 8+2Q = 80 - Q, therefore 72=3Q, resulting in Q=24. The price would be 8+2(24) = 56. MSB=80-2Q, therefore the socially ideal consumption point would be where the inverse supply equals MSB, or 8+2Q = 80-2Q, so 72=4Q or Q=18.
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This PA 2 assignment requires you to identify a current change in an organization with which you are familiar, and evaluate a current public issue about which "something must be done." In relation to the change issue, think about what sense-making changes might need to be enacted and how you would go about doing this. Then, design a mindmap visually assessing this in terms of the eight (8) elements of the sense-making framework suggested by Helms Mills and as set out in Table 9.7:
Sensemaking and identity construction
Social sense-making
Extracted cues of sensemaking
Ongoing sense-making
Retrospection
Plausibility
Enactment
Projective sense-making
Make sure you visually address the following questions:
Which ones did you believe you might have the most/least control over, and why?
What implications does this have for adopting a sense-making approach to organizational change?
Note Course :BUS 700 Leadership and Creative Solution Implementation Area : Management
We can see here a mindmap that visually assesses the eight elements of the sense-making framework suggested by Helms Mills in relation to a current change in an organization:
Social sense-making
How does the change impact the organization's social networks?How does the change impact the employees' social interactions?What is sense-making change?Sense-making change refers to the process of understanding and making sense of organizational changes.
Extracted cues of sensemaking
What are the key cues that employees are using to make sense of the change?How can the organization provide more information and feedback to help employees make sense of the change?Ongoing sense-making
How can the organization create a culture of ongoing sense-making and learning?How can the organization encourage employees to share their thoughts and ideas about the change?Retrospection
How can the organization reflect on the change and learn from it?How can the organization use what it has learned to improve its future change efforts?Plausibility
How can the organization make the change seem more plausible to employees?How can the organization provide clear and convincing reasons for the change?Enactment
How can the organization help employees enact the change.How can the organization provide training and support to help employees make the change?Projective sense-making
How can the organization help employees project themselves into the future and imagine what the organization will be like after the change?How can the organization create a sense of excitement and anticipation about the future?Learn more about sense-making on https://brainly.com/question/31602893
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True or false: The use of templates is required for creating business messages. True false question. True False
It is true that the use of Template is required for creating business messages.
What is a Template?Template refers to a sample document that contain detailed information about something which can be by hand or automated iterative process or a sofftware assistant.
Therefore, A template that be use to create business messages. Because this is a form that will contain information about the Introduction, executive summary, description and also the market plan of the business.
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How is capital deepening related to economic growth?
Capital deepening simply increases the marginal product of labor thereby contributing to economic growth.
What is capital deepening?Capital deepening simply means the increase in the proportion of the capital stock in relation to the number of labor hours worked.
In this case, capital deepening simply increases the marginal product of labor thereby contributing to economic growth.
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(02.10 LC) What strategy works best to get out of a rut?
A) Attitude
B) Belief
C) Flexibility
D) Selling out
Answer is C Flexibility because that's the only thing that goes in the exercise category.
Explanation: I hoped that Helped!!
Answer:
Flexibility.
Explanation:
Cognitive flexibility refers to the brain’s ability to transition from thinking about one concept to another. The quicker you are able to switch or “shift” your thinking from one dimension (e.g. color of an object) to another (e.g. shape of an object), the greater your level of cognitive flexibility.
what are 3 ways in which drivers and vehicle owners can demonstrate proof of financial responsibility
The 3 ways in which drivers and vehicle owners can demonstrate proof of financial responsibility are possessing automobile liability insurance coverage, Deposit money in the amount required by the state, and Deposit bonds or other securities sufficient to meet the state's requirements.
Liability coverage pays for damage to property or vehicle and injuries to another person's accident caused by your fault. To drive your vehicle legally in most states this coverage is required.
Liability coverage consists of 2 parts which are property damage and bodily injury. When the owner is failed to show evidence of financial responsibility, he is likely to receive a citation. this citation can be dismissed by the court if the vehicle owner can provide proof.
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Possessing auto liability insurance, depositing the required amount of cash, and depositing bonds or other securities sufficient to satisfy the state's needs are the three ways drivers or owners can demonstrate.
The most important aspect of being financially responsible is living within your means, no matter how small they may be. In order to put yourself on a solid financial foundation, you need thoroughly review your finances, evaluate your spending and earning patterns, and then make the required adjustments.
Being responsible with money means being prepared for anything. Most experts agree that you need to be able to support yourself financially for at least six months without receiving a paycheck.
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Most of texas's public policies reflect which political ideology?
a. moderate
b. independent
c. liberal
d. conservative
Most of Texas's public policies reflect which political ideology
Conservative
Correct option is (D)
What is the public policy process in Texas?
The politics process in Texas begins with the emergence of issues and proceeds through five subsequent stage of agenda settings, policy selection, policy enactment, policy implementation, and policy evaluation.
Who makes policies in Texas?
The legislature meets every odd-numbered year to write down new laws and to find solutions to the problems facing the state. This meeting time, which begins on the second Tuesday in January ands lasts 140 day, is named the regular session. The governor can direct the legislature to satisfy at other times also.
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What is the reason for using progressive taxes on income?
A) Lower-income individuals have a lower cost of living and can afford to pay more in taxes.
B) Higher-income individuals are more likely to spend their income on consumption of goods, and paying more taxes discourages spending.
C) Higher-income individuals are more likely to afford their standard of living and can afford to pay more in taxes.
D) Individuals of all incomes pay the same percentage of their income toward the tax, making it a fair tax.
The reason for the progressive tax is because the Higher-income individuals can afford a good standard of living and can pay more in taxes.
What is a progressive tax?This is a type of tax imposed based on a taxpayer's ability to pay, that is, the higher the income. the higher the taxrate applicable to the taxpayer's income.
The reason for progressive tax is that a tax would be a disproportionate burden for people with low incomes.
Therefpre, the Option C is correct.
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In order for money to work properly, the different pieces of currency in an economy should look similar to each other. This is an element of which characteristic of money?
A.) Limited supply
B.) Divisibility
C.) Acceptability
D.) Uniformity
Answer:
D.) Uniformity
Explanation:
I just did it it was correct and this is just if you need a second opinion.
In order for money to work correctly, the different pieces of currency in an economy should look similar to each other. This is an element of the Uniformity of money. Hence, Option D is correct.
What is currency?When a person wants to market or wants to purchase anything, it can be for self, or for a family member or for a friend, or for anyone else, they have to pay a certain amount of money and that money is known as the currency. Just like each nation has its own language, similarly, they also have its own currency.
For instance, if a person wants to buy or purchase anything in India, they have to use the Indian Rupee which is the currency of India, If one is in Saudi Arabia, they will use Saudi Riyal, and many more. There is a market which is known as the free market, in that market gold is also considered a currency. For smooth functioning of the currency, there should be uniformity of money.
Thus, Option D is correct.
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What does it mean to say that the Fed changes the discount rate mostly as a signal to markets?
When the Federal Reserve (Fed) changes the discount rate, it essentially alters the cost of borrowing money for banks. This rate is set by the Fed and represents the interest rate that commercial banks pay to borrow funds from the central bank.
When the discount rate increases, it becomes more expensive for banks to borrow funds, and when it decreases, it becomes less expensive.
However, the Fed often changes the discount rate not necessarily to directly influence the amount of money that banks borrow, but rather as a signal to the market. In other words, the Fed may raise or lower the discount rate to send a message to the market about its monetary policy stance.
If the Fed wants to signal that it is tightening monetary policy, it may raise the discount rate, which can lead to higher interest rates in the market. Conversely, if the Fed wants to signal that it is loosening monetary policy, it may lower the discount rate, which can lead to lower interest rates in the market.
Therefore, the discount rate serves as a tool for the Fed to communicate its monetary policy intentions to the market. By changing the discount rate, the Fed can influence market expectations and guide investors and businesses towards certain economic outcomes.
Overall, the discount rate plays a crucial role in the Fed's monetary policy toolkit, both as a direct policy tool and as a signal to the market.
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When we say that the Federal Reserve changes the discount rate mostly as a signal to markets, we are referring to the fact that the Fed uses this tool primarily to communicate its stance on monetary policy to financial institutions and the wider economy. The discount rate is the interest rate at which banks can borrow funds directly from the Fed, and by increasing or decreasing this rate, the Fed can influence the cost of borrowing and lending throughout the economy.
However, the direct impact of the discount rate on the economy is relatively small compared to other monetary policy tools, such as open market operations or changes to the federal funds rate. Therefore, the main reason for changing the discount rate is to signal the Fed's broader intentions and expectations for the economy.
For example, if the Fed lowers the discount rate, this indicates that it wants to make it easier and cheaper for banks to access liquidity, which can stimulate lending and investment. This can be seen as a signal that the Fed is adopting a more accommodative stance towards monetary policy and is trying to encourage economic growth.
Conversely, if the Fed raises the discount rate, this can be interpreted as a signal that it is concerned about inflationary pressures or an overheating economy. By increasing the cost of borrowing, the Fed is trying to slow down economic activity and prevent the economy from overheating, which could lead to inflation.
In summary, while the direct impact of changes to the discount rate on the economy may be relatively small, the signal that it sends to markets and investors is an important part of the Fed's communication strategy and can have significant implications for economic growth and financial stability.
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Which of the following does not fall into the field of marketing?
-restaurant management
-education
-e-commerce
-professional sales
Answer:
professional sales
Explanation:
sales
large organizations often use a(n) _________ library for backups and archives of their data.
Large organizations often use a tape library for backups and archives of their data.
To ensure that data can be retrieved in the event of a hard disk crash or failure, tape backup is the process of routinely transferring data from a primary storage device to a tape cartridge. Tape backups can be carried out manually or, with the right software, can be set up to run automatically.
To back up huge volumes of data storage for archiving and disaster recovery (DR) in a big company, tape backup systems are available. They may also be used to back up the hard drive on a home computer. Data may be restored to storage devices using tape backups as well. Due to its low operating and ownership costs, capacity, and speed, tape might be among the finest solutions for resolving a backup issue for unstructured data.
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An increase in the value of an investment is called...
A inflation
B. net asset value (NAV)
C appreciation
D. yield
E market mover
Answer:
C appreciation
Explanation:
Appreciation is the term that describes the increase in value by an asset over time. Several factors may cause an increase in value. They include
In demand for the assetsCustomers perceptionsReduced supply for the assetIncrease in inflation or interest ratesThe owner of Firewood To Go is considering buying a hydraulic wood splitter which sells for $50,000. He figures it will cost an additional $100 per cord to purchase and split wood with this machine, while he can sell each cord of split wood for $125. How many cords of wood would he have to split with this machine to break even
Answer:
The correct answer is "2000 units".
Explanation:
Given:
Fixed cost,
F = $50,000
Variable cost,
VC = $100 per unit
Price,
P = $125 per unit
Let the units to be sold be "x".
Throughout the case of breakeven,
⇒ \(Total \ revenue=Total \ cost\)
⇒ \(125x=50000+100x\)
On subtracting "100x" from both sides,
⇒ \(125x-100x=50000+100x-125x\)
⇒ \(25x=50000\)
⇒ \(x=\frac{50000}{25}\)
⇒ \(=2000 \ units\)
Which is a disadvantage of using computerised system
a) greater accuracy
b) greater speed
c) improved accessibility to key facts
d) system failure
Answer: d- system failure
Explanation:
____ implementation involves purchasing a cots software package and using it without modification.
The correct answer is Commercial off-the-shelf (COTS) implementation involves purchasing a COTS software package and using it without modification.
COTS implementation is a common approach for organizations looking to implement new software quickly and easily. It involves purchasing an existing software package that is designed to meet a specific need, such as accounting software, project management software, or customer relationship management software. The software is typically purchased from a vendor or provider and is used as-is, without any modifications or customizations.
One of the benefits of COTS implementation is that it can be a relatively low-cost option for organizations. Instead of spending time and resources developing custom software solutions from scratch, organizations can purchase an existing software package that has already been developed and tested. This can help to reduce the risk of errors and other issues that can arise during software development.
However, COTS implementation does have some limitations. Because the software is not customized to meet the specific needs of the organization, there may be some functionality that is not available or that is not optimized for the organization's specific processes. Additionally, because the software is not customized, it may not integrate seamlessly with other systems or processes that the organization uses.
Overall, COTS implementation can be a good option for organizations that need to implement new software quickly and with minimal customization. However, it is important to carefully evaluate the software package and ensure that it meets the organization's specific needs before making a purchase.
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Jamie is a purchasing agent for a company that manufactures shoes. She
has just submitted a purchase order to a supplier for more leather. Which
step of the purchasing process comes next?
A. Quality check
B. Requisition
C. Bid soliciting
O D. Shipping
Answer:
D. Shipping
Explanation:
Shipping refers to the activity of physically moving goods from one location to another. The goods could be moving from one store to another, from manufacturers to distributors, or from retailers to customers. Shipping is 'carrying goods' and hence a component of logistics.
After Jamie has prepared a submitted a purchase order, the next thing is to wait to receive the goods she ordered. Her supplier should ship the goods to her. The supplier can deliver the goods by themselves or use a logistics company.