What is E-Procurement? [2 Marks] 1b. What are the Benefits of E-Procurement? [8 Marks] 2. You have have been appointed as an ICT personnel in an organisation mit​

Answers

Answer 1

E-procurement is the exchange of goods and services between businesses, consumers, and the government over the Internet and other information and networking platforms including enterprise resource planning and electronic data interchange.

benefits of the electronic procurement procedure.

E-procurement helps you save money by avoiding duplicative purchases, taking advantage of volume discounts, and avoiding expenses related to paper-based systems (for example, the cost of stamps to mail your paperwork).Openness in spending By performing your procurement electronically, you can guarantee that your procurement methods follow your policies because it will be simpler to produce and analyze reports on your procurement systems.Greater Productivity E-procurement takes less time than conventional procurement once you've gotten the hang of the technology. Reusable tender submission is made simpler by having your records maintained online. Meanwhile, using templates allows for quicker completion of papers.

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Related Questions

Kassidy's Kabob House has preferred stock outstanding that pays a dividend of $5 at the end of each year. The preferred sells for $50 a share. What is the stock's required rate of return? Assume the market is in equilibrium with the required return equal to the expected return.

Answers

Cost of Preferred stock is 10% in this case.

Provided that the preferred stock would sell for $50 per share and that the corporation is required to pay a $5 dividend at the end of each year. As a result, Kassidy's Kabob House must incur a $5 annual cost in order to raise $50.

Because the preferred dividend would be adjusted after the tax cut, the tax rate has no effect on the cost. Cost of Preferred stock is equal to preferred dividend divided by price of preferred stock.

Cost of Preferred stock = 5/50

On solving the above we get, Cost of Preferred stock = 10%

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In every type of economic system there are exchanges between consumers and producers
True or false ?

Answers

Answer: true

Explanation: it makes up the economic system

Challenges in managing human resources have evolved due to changing demographics affecting the workforce. Describe how demographic changes such as diversity, the aging population, worker expectations, ethics, and social responsibility affect the management of human resources.

Answers

Answer:

what I'm confused

Explanation:

i don't know

The 2017 balance sheet of Kerber’s Tennis Shop, Incorporated, showed $2.2 million in long-term debt, $710,000 in the common stock account, and $6.4 million in the additional paid-in surplus account. The 2018 balance sheet showed $3.9 million, $905,000, and $8.4 million in the same three accounts, respectively. The 2018 income statement showed an interest expense of $200,000. The company paid out $610,000 in cash dividends during 2018. If the firm's net capital spending for 2018 was $850,000, and the firm reduced its net working capital investment by $155,000, what was the firm's 2018 operating cash flow, or OCF?

Answers

The firm's 2018 operating cash flow, or OCF is -$2,219,500

How do we determine the operating cash flow?

The operating cash flow can be determined from the cash flows from assets formula where cash flow from assets is the operating cash flow minus net capital spending and net change in working capital

cash flow from assets=operating cash flow-net capital spending+ net increase in working capital

Cash Flow from Assets = Cash Flow to Creditors + Cash Flow to Stockholders

Cash Flow to Creditors = Interest Expense - Net New Long-term Debt

Cash Flow to Creditors=$200,000-($3,900,000-$2,200,000)

cash flow to creditors=$200,000-$1700,000

cash flow to creditors=-$1,500,000

Cash Flow to Stockholders = Dividends - Net New Equity

cash flow to stockholders=$610,000-($905,000+$8,400,000-$710,000-$6,400,000)

cash flow to stockholders=-$1,585,000

Cash Flow from Assets =-$1,500,000-$1,585,000

Cash Flow from Assets =-$3,085,000

operating cash flow=unknown(assume it is x)

net capital spending=$850,000

net increase in working capital=$155,000

-$3,085,000=x-$850,00-$155,000

x=-$3,085,000+$850,000+$155,000

x=OCF=-$2,219,500

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In the graduate program at Herringbone University, students are allowed only one missed class per semester or they face academic discipline. Three female students have approached you as the diversity and ethics officer with a concern about the policy They explain that they all have young children (as do many students in the program), and getting childcare during class times is difficult because some of the classes don't end until 8:00 in the evening. They feel the policy is unfair, especially since the university doesn't offer any support. leniency in policy, or childcare options. In addition, the location of the university (an upper middle class neighborhood where most children have at least one parent at home) is not where most students live (a neighborhood where most children have two working parents or a single working parent)

Answers

As a Diversity and Ethics Officer I would respond to the issue by raising a request for a day/evening care for children (free or at a lowest possible rate) and starting a bus route.

What is University?

A university is a place to study where the students study after their high school. Studying at university gives them a Bachelor's degree.

The concerns of the students are true and I am responsible to respond them and their issues. The issue of child care can be raised to start a day/ evening care at the university where the students can study without caring for their child.

Also the traveling issue can be resolved by starting a bus route by the university itself or alternatively the local authorities can be asked to start a bus route that will enable the students to travel to and from university.

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True or false
Safety glasses are only required in glass plant

Answers

Answer: yes

Explanation:

Answer:

false

Explanation:

saftey glasses should be used everywhere

3. How do British Social Anthropologists place an emphasis on structural-functionalism or the function of social structures?

Answers

Answer: HELLO DO YOU REMEBER ME FRIEND?

Explanation:

What is the first step you will take with your new business partners to plan your business?

Answers

Answer:

I would buy or create another company.

Explanation:

1. The _____ is also known as location departmentalization, which is a logical structure and sells its goods in different regions.

A. Geographic structure
B. Matrix organisational structure
C. Multiple Departmentalization
D. Network Structure

2. A process in which managers make a decision as to what type of organisational structure is sufficiently aligned to the external environment and which is most appropriate to the strategies and plans of the organisation

A. Accountability
B. Coordination
C. Organisation design
D. Division of work

3. Emerges naturally from the social relationships which develop between the employees within the organisation.

A. Division of work
B. Job specialization
C. Unity of Command
D. Informal Structure

4. This entails a detailed analysis of work to be done and resources to be used, to accomplish the aims of the business.

A. Organising
B. Scalar Principle
C. Unity of Command principle
D. Job design

5. The organisation design process involves the following steps except_____

A. Reflect on plans and objectives
B. Establish major task and activities
C. Design jobs and assign to employees
D. Identify top level managers

6. The Spokesperson role of a manager involves passing on information received to individuals within the organisation who would benefit from it.

A. True
B. False

7. The formal organisational structure emerges naturally from the social relationships which develop between the employees within the organisation.

A. True
B. False

8. The _____ builds on the features of the network organisation and is a streamlined model that fits rapidly changing and dynamic business environment.

A. Network Structure
B. Geographic Structure
C. Virtual Network Structure
D. Customer based Structure

9. The second step of the organisation design process is

A. Design jobs and assign to employees
B. Define worker relationships
C. Reflect on plans and objectives
D. Establish major task and activities

10. The ____ is a divisional structure where each product or business line is handled by a self-contained division within the business.

A. Team Structure
B. Product structure
C. Virtual Network
D. Matrix Structure

Answers

The Geographic structure is likewise called location departmentalization, that's a logical structure that sells its goods in special areas.

In geography, area or location are used to denote a location (point, line, or region) on the planet's floor or elsewhere. The term location commonly implies a better diploma of truth than region, the latter often indicating an entity with an ambiguous boundary, relying greater on human or social attributes of region identification and feel of vicinity than on geometry.

Definition of location: a position or website occupied or available for occupancy or marked by using a few distinguishing functions: state of affairs tons of the attraction of the house is in its vicinity. b(1): a tract of land designated for a reason the area for mining declare. (2) Australia: farm, station.

Location either refers back to the actual range and longitude coordinates (absolute region) of something on this planet's surface, or it describes something's role in connection with something else (relative area). place, on the other hand, refers back to the bodily and human characteristics of a niche on the map.

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Consider two countries: Country A can produce six automobiles or twelve
movies with the same amount of resources. Country B can produce five
automobiles or eight movies with the same amount of resources. Using
Ricardo’s Theory of Comparative Advantage, determine which country will
produce automobiles, which will produce movies, and the range of relative
prices for these products within which these countries trade.

Answers

Because the opportunity cost of creating a car in Country B is cheaper than the potential cost of generating movies in Country A, Country A would make movies while Country B would produce autos.

What is the justification for the above?

According to the idea of comparative advantage, countries should manufacture and trade only goods in which they have a comparative advantage, i.e. commodities in which they can specialize.

To determine a country's comparative advantage, first compute the opportunity cost of making movies and vehicles in each.

Country A:

The Opportunity cost of producing 1 automobile = 2 moviesOpportunity cost of producing 1 movie = 1/2 automobile

Country B:

Opportunity cost of producing 1 automobile = 8/5 moviesOpportunity cost of producing 1 movie= 5/8 automobiles.

Thus, it is right to state that because the opportunity cost of creating a car in Country B is cheaper than the potential cost of generating movies in Country A, Country A would make movies while Country B would produce autos.

What is Richard's Theory of Comparative Advantage?

According to Ricardo's widely regarded comparative advantage theory, states can obtain an international trade advantage by focusing on manufacturing items with the lowest opportunity costs when compared to other nations.

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24. You earn $6.30 per hour plus tips. If you work 26 hours this week and
collect $26.35 in tips, what is your gross pay?
305

Answers

Answer:

Gross profit is $190.15

Explanation:

$6.30 for 26 hours is 6.30 * 26 = 163.8

163.8 + 26.35 (tips) = $190.15

Please help :(
Economics principles and practices
Chapter 3
Are megamergers harmful
Analyzing the issue questions


xoxoxox

Answers

Economics: standards & Practices is the simplest application with full coverage of the new economic system and the impact of the virtual revolution.

Economics is the look at shortage and its implications for the usage of sources, production of goods and services, an increase of production and welfare through the years, and a remarkable form of other complicated problems of vital concern to society.

Economics is the social technology that studies the production, distribution, and intake of products and services. Economics focuses on the behavior and interactions of economic retailers and how economies work.

Economics, at its very coronary heart, is the examination of people. It seeks to explain what drives human behaviour, choices, and reactions whilst faced with difficulties or successes. Economics is a subject that combines politics, sociology, psychology, and history.

Economics seeks to solve the problem of shortage, that is whilst human wants for goods and offerings exceed the to-be-had supply. A cutting-edge financial system displays a department of labor, wherein human beings earn profits by way of specializing in what they produce after which use that profits to purchase the goods they want or want.

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National Debt timeline: record the total national debt for the United States, the public figure in office at the time, and any significant events that may have affected the national debt during the years prior to the date listed. (1791-2015)

Answers

The records show that debts incurred during American Revolutionary War is amounted to $75,463,476.52 by 1 st january 1791.

What is What is the process of calculating life value?

The process of calculation of life value in an insurance is that first of all determine the current income and than subtract the expense, premiums of insurance, and payment of income tax.

The third step is recall the number of years of earning which are remaining before the age of retirement and than find the discounting factor rate including inflation.The life value is an economic value which is used to judge the benefit for the reason of avoiding the rate of fatality.

Therefore, The records show that debts incurred during American Revolutionary War is amounted to $75,463,476.52 by 1 st january 1791.

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Sam Smith is currently employed as a mechanical engineer and is paid $65,000
per year plus benefits thatare equal to 30% of his salary. Sam wants to begin a
consulting firm and decides to leave his current job. After his first year in
business, Sam's accountant informed him that he had made $45,000 with his
consulting business. Sam also notices that he paid $6,000 for a health
insurance policy, which was his total benefit during his first year. What was
Sam's opportunity cost?
What was Sam's opportunity cost?

Answers

Sam gave up $65,000 in salary plus $19,500 in benefits or a total of $84,500.

The concept in the back of opportunity value is that the fee of 1 object is the misplaced possibility to do or eat something else; in quick, opportunity cost is the price of the following fine alternative.  benefits foregone by using no longer choosing an alternative direction of motion.

Opportunity cost is the cost of the following satisfactory element you surrender whenever you decide. it's miles the lack of capacity gained from other options when one opportunity is chosen. The concept of an opportunity price became first started by John Stuart Mill. possibility price is the difference in the advantage of a preference you are forgoing compared to the advantage of the choice you're making. you may recognize opportunity fee as an estimation of the way much regret you'll sense for making one desire over every other.

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Drill Problem 8-9 (Static) [LU 8-2 (3)]
What is the selling price of a complete set of pots and pans at Walmart? Assume actual cost is $66.50 and 40% markup on
selling price. (Round your answer to the nearest cent.)

Answers

The selling price of a complete set of pots and pans at Walmart $ 110.8.

The selling price according to unit method to find the price per unit from the profits announcement, divide sales with the aid of the number of units or amount offered to perceive the charge in keeping with unit

It has to allow a commercial enterprise to pay all of the costs of the product, pay operating charges, and gain earnings. clients depend upon selling prices to evaluate merchandise and to decide how to allocate their money. businesses depend upon selling rates to determine earnings from income and to acquire organizational goals.

We have a selling price = cost + Dollar markup

Here, 40% of the markup

So, let the selling price is X

Then,

    S = 66.5 + 0.45

∴ S = 66.5 / 1.04

     = $ 110.8

So, the selling price of a complete set is $ 110.83.

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Select the correct answer from each drop-down menu.
How will you Identify a file type on your computer?
A file type is the standard used to
and information in a computer. All file types have unique
determine which program to use to open a particular file and to access its data.

Answers

Nepal is multi media is co on of this

A local government is about to run a lottery but does not want to be involved in the payoff if a winner picks an annuity payoff. The government contracts with a trust to pay the lump-sum payout to the trust and have the trust (probably a local bank) pay the annual payments. The first winner of the lottery chooses the annuity and will receive $150,000 a year for the next 25 years. The local government will give the trust $2,000,000 to pay for this annuity. What investment rate must the trust earn to break even on this arrangement

Answers

If the first winner of the lottery chooses the annuity and will receive $150,000 a year for the next 25 years. The investment rate the trust must earn to break even on this arrangement is: 5.56%.

Investment rate earn to breakeven

Given data:

Initial deposit = $2,000,000

Annual payment = $150,000

Number of years = 25 years

Using this formula to find  the interest rate on the annuity by solving for I:

PV=PMT×1−(1+I)−^N/I

Where:

Present value (PV) = -2,000,000

Number of years (N) = 25

Periodic payment (PMT) =-150,000

Future value=0

Interest rate=I/Y = ?

Hence,

$2,000,000=$150,000×1−(1+I)−^25/I

Using a financial calculator to find interest rate(I/Y ) by inputting the below data

N = 25

I/Y = ?

PV = 2,000,000

PMT = -150,000

FV = 0

Hence,

CPT I/Y  = 5.56%

Therefore If the first winner of the lottery chooses the annuity and will receive $150,000 a year for the next 25 years. The investment rate the trust must earn to break even on this arrangement is: 5.56%.

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What can cause the market demand curve for day old bread and inferior hood to shift rightward an increase in demand

Answers

A decline in income is one factor that can lead the market demand curve for day-old bread to move to the right.

What might cause a demand curve to shift to the right?

If the determinant raises demand, the curve moves to the right. This indicates that even while the price remains the same, there is a greater demand for the commodity or service. The incomes of consumers will increase as the economy is flourishing. Despite the fact that prices haven't increased, people will purchase more of everything.

When income increases the demand curve for an inferior good?

As income rises or the economy gets better, the demand for subpar products declines in economics. Consumers will be more inclined to spend money on pricey alternatives if this occurs. Quality or a change in a consumer's socioeconomic level may be a few factors causing this transition.

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What is the definition of collective bargaining?
ongoing salary negotiations between an employee and a factory owner a
an agreement among a group of factory owners to raise worker wages
a written set of guidelines about legal and illegal workplace conditions
labor union and employer negotiations about wages and other issues

Answers

The process of negotiating employment terms between an employer and a group of employees is known as collective bargaining.

Typically, a labor union represents employees during collective bargaining. Working conditions, pay and benefits, working hours, and other terms may be bargained during collective bargaining. A written contract is intended to establish a collective bargaining agreement. All employees have a fundamental right to engage in collective bargaining, according to the International Labor Organization. Members of corporate management and labor union leaders, who are chosen by workers to represent them and their interests, negotiate collectively on a regular basis. When employee contracts are due for renewal or when employers alter the workplace or contracts, collective bargaining is started.

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The amount of money you're paid, after all taxes and deductions are taken out of your paycheck is called ________.

Answers

Answer:

The amount of money you're paid, after all taxes and deductions are taken out of your paycheck is called net income.

Explanation:

Hope this helps :)

Which is an extracurricular activity?
OA. Playing video games with friends
B. Playing high school volleyball
OC. Working at a local diner
OD. Taking an extra year of math
SUBMI

Answers

Option B is an extracurricular activity!

Volleyball in high school is an extracurricular activity. As a result, choice (B) is accurate.

What do you know about extracurricular activity?

A student-performed activity that is outside the scope of the regular curriculum of a school, college, or university is referred to as an extracurricular activity (ECA), extra academic activity (EAA), or cultural activity.

Such endeavors are typically social, charitable, voluntary (as opposed to required), and frequently involve people of a similar age. Although student-led projects, such independent publications, are frequently seen, students and staff manage these activities under academic sponsorship.

However, occasionally, these activities are also introduced in the classroom by the teachers and school principals.In the USA, 70% of teenagers participate in extracurricular activities, according to a group study that polled students of school age for the National Longitudinal Study of Adolescent Health.

Other studies have shown that participating in extracurricular activities lowers the risk of dropping out of school, lowers the risk of committing a crime, and increases educational retention, success, and academic achievement

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Implementing the strengthening families approach into your ECE program requires

Answers

Parental resiliency, social ties, tangible support in times of need, understanding of parenting and child development, and social and emotional competency in children are necessary for implementing the strengthening families approach into your ECE program.

The foundation of effective family-centered practice is working with families and young people. Caseworkers must be adept at communicating with children, teenagers, and families to assist them develop interpersonal, parenting, and problem-solving skills in order to successfully conduct assessments, case planning, and case management. Engaging families and youth, offering direct assistance with difficulties the family is facing, including counseling, parent coaching, and modeling, and continuing to assess the family's needs, strengths, and progress are all components of effective work with families.

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Entrepreneurs and business owners need to think about and plan for threats like terrorist attacks, economic instability, and even changes in consumer preferences. Fortunately, opportunities are also a constant that the entrepreneur needs to consider. Think of your entrepreneurial endeavor. What opportunities might be on the horizon? How can us best prepare for opportunities in your field? Write a short paragraph explaining your answer.

Answers

The opportunities that may be on the horizon are:

Website designingOnline tutoringOnline business, etc.

How can us best prepare for opportunities in your field?

The way i can best prepare for the new opportunities is that:

I will research Growth Trends. I will need to fine the Potential area that fit me mostI will also Talk to Other ProfessionalsLearn. Volunteering, Interning, or other and then start mine.

Therefore, The opportunities that may be on the horizon are:

Website designingOnline tutoringOnline business, etc.

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Why does the speaker recommend prioritizing investing for retirement over paying off Federal student loans?

Answers

The obvious answer is that if the interest rate on your student loan debt is higher than the predicted return on investment, Paying down your student loans first. Invest if the return on your investment is more than the interest on your student loans.

Any leftover debt is cancelled after 25 years on the program. People whose loans are in arrears are not eligible for the program. People can, however, pull their debts out of default by making a series of "reasonable" payments. Once the debt is no longer in default, benefit offset should cease. Paying off student loans reduces your DTI.

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The original draft of the Declaration of Independence condemned
O slavery
O the slave trade
O emancipation

Answers

B. The slave Trade.

The original draft of the Declaration of Independence condemned

O slavery

to what extent should the government be involved in creating and enforcing safety laws. What extent should companies be responsible for creating their own standards and self-policing those standards?

Answers

to what extent should the government be involved in creating and enforcing safety laws. What extent should companies be responsible for creating their own standards and self-policing those standards?

How many business start ups fail in their first year?

Answers

In the first year, 10% of startups fail.

What causes a startup to fail?

According to business owners, reasons for failure include a lack of funding, being in the wrong market, a lack of research, bad alliances, ineffective marketing, and a lack of industry knowledge. Success can be attained by goal-setting, accurate study, enjoyment of your work, and perseverance.

Which company model is most likely to fail?

Although the construction sector is predicted to increase by 13 percent, a staggering 25% of businesses fail within the sector. The failure rate in the transportation sector is the same. In both industries, 35% of businesses fail by their second year, and 60% by their fifth.

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Jason works in a water bottling plant. The bottles have to hold exactly one liter of water each. Jason observed that the amount bottles varied about five milliliters above and below the one-liter mark. Which measurement phenomena should Jason use to variation?

Answers

Jason uses the metric system to calculate the water filled in the bottles.

What is metric system?

All of the following statements apply to the metric system:

System: a group of cooperating or interconnected parts that together constitute a coherent whole.Anything that can be measured can be specified using a system of measurement, or set of units. Systems of measurement were initially established and governed historically to promote trade and internal business. Units were arbitrarily determined by the ruling bodies by fiat and were not always closely related to one another or self-consistent. Some quantities were recognized as basis units when they were later scientifically investigated, which meant that all other needed units of measure could be derived from them.

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What is the name given to the study of how wealth is created and distributed?
O Marketing
O Economics
O Finance
O Capitalism

Answers

Answer:

What is the name given to the study of how wealth is created and distributed?

O Marketing

O Economics

O Finance

O Capitalism

Taylor is analyzing the effects of wage rates on the supply of laptop computers. By using the ceteris paribus assumption, Taylor is __________.

Answers

By using the ceteris paribus assumption, Taylor is holding the

holding all costs of production other than the wage rate constantnot considering retail price of laptop computersWhat is ceteris paribus?

Ceteris paribus is a Latin phrase used in economics that means all other things being equal in English. It is used when studying the effect of one variable on another variable to mean that other variables that can affect the variable being studied is assumed to not change.

When Taylor is analyzing the effect of wage rates on the supply of laptop computers. By using the ceteris paribus assumption, he is assuming that other factors that would affect the supply of laptops are assumed to be constant.

The other factors that might affect the  supply of laptop computers include:

cost of production retail price of laptops

Here is the complete question:

Taylor is analyzing the effects of wage rates on the supply of laptop computers. By using the ceteris paribus assumption, Taylor is __________.

Select the two correct answers below.

Select all that apply:

holding the supply of laptop computers constant

holding all costs of production other than the wage rate constant

holding wage rates constant

not considering retail price of laptop computers

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Which act prohibits external auditors from providing many forms of non-audit services and consulting work to public companies for which the auditor also provides a financial statement audit? Luis is helping to make tacos for a school fundraiser. He needs to buy tortillas. Happy Grocery sells small packs of 20 tortillas for $4.40 and large packs of 45 tortillas for $8.55. Luis has been given $48 to spend on tortillas. Fill in the blanks to complete the statements. Tortillas The unit price for the small pack is $ A per tortilla. The unit price for the large pack is $ B per tortilla. Juan received a class assignment to write about organisms that live in extreme environments. While doing research online, he found an image that showed microbial bodies thriving in hot springs. The organisms lacked a nucleus or defined organelles. Which organisms can he possibly find in such conditions?Smoke and dust particles elevate from the ash in a forest.A. plant-like protistsB. animal-like protistsC. fungus-like protistsD. archaea Reset NextPretest: Organization of Organisms 2022 Edmentum. All rights reserved. D. Why is active listening an effective strategy in diffusing situations of conflict orstress? 6-6x=7x-9x-18 the value of x Evaluate the expression 5(7-4)2 3 + 11. A private nuisance occurs when a person permanently removes personal property from the owners possession and control. True or false?. |3k| >30 what is the compound inequality calculate these valuesa= _____b= _____ 20. Electricians will sometimes call"disconnects" or a "disconnecting means."A) O Three-pronged plugsB) O Switchesc)O Electrical cordsD) C Two-pronged plugs h(x) = 18 - 9x + x4, evaluate h(2) there is a stack of old algebra books in the library. Each book is 1 1/4 inches thick. let b represent the number of books in a stack and s(b) represent the total height of the stack in inches. what is the equation? Determine fluid movement when hydrostatic pressure exceeds colloid osmotic pressure at the arteriolar end of the capillary? What was the most destructive English "weapon" that devastated the native population? Exercise 2 Circle the participial phrase and draw an arrow to the noun or pronoun it modifies.Keeping that in mind, he thought his classmates would enjoy his report. What is the domain of the function on the graph?all real numbersall real numbers greater than or equal to 0O all real numbers greater than or equal to -2O all real numbers greater than or equal to -3 What conclusion can you draw about Marcys workplace given the evidence? A ball is thrown upward with a velocity of 19.6. what us its veloicty after 3 sec Exercise 1 Underline each pronoun. You have only yourselves to blame. As a result of relationship marketing, customers experience specific relational benefits. these include?