Procurement Management is a critical function for Starbucks Corporation, as it plays a vital role in ensuring the availability of high-quality products and ingredients to support the company's operations across its global network of coffeehouses.
Quality Control: Starbucks places a strong emphasis on procuring high-quality products and ingredients. By carefully selecting suppliers and implementing strict quality control measures, the company ensures consistency in its offerings and reinforces its brand reputation for premium and enjoyable coffee experiences.
Sustainability and Ethical Sourcing: Starbucks' commitment to sustainable and ethical sourcing practices differentiates it from competitors. By working closely with suppliers to promote environmentally friendly practices and fair treatment of farmers and workers, Starbucks enhances its brand image and attracts environmentally conscious and socially responsible consumers.
Innovation and Differentiation: Procurement also supports Starbucks' ability to introduce innovative and unique products to its menu. By actively seeking out new ingredients, flavors, and packaging options, the company can differentiate itself in the market and stay ahead of evolving consumer preferences.
Cost Efficiency: While quality and sustainability are key drivers for procurement at Starbucks, the company also strives for cost efficiency. By leveraging its global scale and negotiating power, Starbucks can secure favorable pricing agreements with suppliers.
To learn more about Procurement Management follow:
https://brainly.com/question/31190956
#SPJ11
Cain Company reports net cash provided by operating activities of $35,000. It also reports the following information under “Adjustments to reconcile net income to net cash provided by operating activities” on its statement of cash flows (using the indirect method).
It can be seen from the solutions given that Cain's net income is $24,000.
Here is the solution:Net income = Net cash provided by operating activities - Adjustments
= $35,000 - $6,000 - $10,000 + $4,000 + $7,000 + $4,000
= $24,000
Therefore, Cain's net income is $24,000.
Here is a breakdown of the adjustments:
To determine cash flow from operations, it is necessary to include the gain on equipment sales in the net income as it is a non-cash entry.
A rise in accounts receivable implies that customers are prolonging payment of their invoices, resulting in decreased cash flow from the company's activities.
The depreciation expense is classified as a non-cash expense, hence it must be included in the calculation of cash from operations by adding it back to the net income.
A decrease in inventory indicates that the company is experiencing faster turnover of its inventory, leading to increased cash flow generated by its operations.
A rise in prepaid expenses denotes that the company is channeling more funds towards prepaid expenditures like insurance and rent, implying a reduced cash inflow from its operational activities.
A decline in the amount of wages that the company owes indicates that it is not promptly compensating its workforce. Consequently, this implies that the company's operational cash flow is reduced.
Read more about net income here:
https://brainly.com/question/28390284
#SPJ1
10,500 of call option exercise price premium is 453.
Option maturity, the current share price has fallen from 10,000 won is six months.
If he finds a time value of this call option?
The intrinsic value in this case is 453 won, which is equal to the exercise price premium.
The option has no intrinsic value and all its value is in the extrinsic value or time value.
To calculate the time value of a call option, we need to consider the intrinsic value and the extrinsic value.
The intrinsic value is the difference between the current share price and the exercise price, while the extrinsic value represents the remaining value of the option beyond its intrinsic value, also known as the time value.
In this case, we are given that the exercise price premium is 453 and the current share price has fallen from 10,000 won.
However, the exercise price is not explicitly mentioned, so we'll need to calculate it using the information provided.
Given that the exercise price premium is 453, we can subtract this from the current share price to determine the exercise price:
Exercise Price = Current Share Price - Exercise Price Premium
Exercise Price = 10,000 won - 453 won
Exercise Price = 9,547 won
Now that we have the exercise price, we can proceed to calculate the intrinsic value:
Intrinsic Value = Current Share Price - Exercise Price
Intrinsic Value = 10,000 won - 9,547 won
Intrinsic Value = 453 won
The intrinsic value in this case is 453 won, which is equal to the exercise price premium.
Therefore, the option has no intrinsic value and all its value is in the extrinsic value or time value.
Since the option has a maturity of six months, the time value represents the potential value that could be gained during this period.
The calculation of the time value is subjective and depends on factors such as market conditions, volatility, and interest rates.
Without additional information regarding these factors, we cannot provide an exact value for the time value.
However, in general, the time value of an option tends to decrease as it approaches its maturity date.
As the option approaches expiration, the potential for large price movements decreases, and therefore the time value diminishes.
To learn more about intrinsic value, visit:
https://brainly.com/question/30764018
#SPJ11
'Money is what money can buy '
Explain this statement in at least 10 lines
Answer:
yes
Explanation:
you are only able to purchase item or subscribe to services with the limited money you have which means you can purchase an item worth more than you have
Explanation:
moreMoney is what money can by is explain in terms of which you are only able to purchase item or subscribe to services with the limited money you have which means you can purchase an item worth more than you have for example you have a hundred of Naira and you want to purchase and item worth more than you have
BRAINILIEST PLEASEWhich of the following choices incur speculative risk?
a.stocks
b.fire insurance on a house
c.options
d.life insurance
e.high interest savings account
Answer: correct option is A.
Explanation: A speculative risk can be defined as risk that is taken willingly either it results in profit or loss and the stocks involve in probability of gain and loss making it a speculative risk.
Stocks incur speculative risk. Therefore option A is correct.
What are Stocks?A stock usually referred to as equity, is a type of investment that denotes ownership in a portion of the issuing company. Shares, also known as units of stock, entitle their owners to a share of the company's assets and income in proportion to the number of shares they possess.
Common stock and preferred stock are the two primary categories of stocks.
Owners of common stock are entitled to dividends and the right to vote at shareholder meetings.
Common stockholders often do not have voting rights, while preferred stockholders typically get dividend payments ahead of time and are given preference over common investors in the event of a firm bankruptcy and asset liquidation.
To learn more about Stocks follow the link.
https://brainly.com/question/14649952
#SPJ2
A friend told Mohammed, Your business would be more successful if you only served in the shop and let your workers make the bread and cakes. Do you agree? Justify your answer
Answer:
Yes
Explanation:
As the 9wner of business, you will know how to controll your finance than paying someone.
A licensee who allows his or her license to expire has how long to reinstate the license without monetary penalty?
A) there is no free time
B) up to 30 days
C) no more than 365 days
D) one year from the last June 23
A licensee who allows his or her license to expire has 'one year from the last June 23' to reinstate the license without monetary penalty. Option d is answer.
In many jurisdictions, when a licensee's real estate license expires, there is typically a specific period during which they can reinstate the license without incurring any monetary penalty. In this case, the timeframe provided is one year from the last June 23. It means that if a licensee's license expires, they have until the following year's June 23 to reinstate the license without facing any financial consequences.
After this specified period, there may be penalties or additional requirements imposed on the licensee to reinstate their license, such as completing additional coursework, paying fees, or meeting specific conditions set by the licensing authority.
Option d is answer.
You can learn more about real estate license at
https://brainly.com/question/30562773
#SPJ11
When an increase in demand for stand-up paddleboards rises, then the demand for skilled paddleboard shapers _____, and their marginal revenue product _____.
When there is a rise in the demand for stand-up paddleboards, there is also a rise in the need for competent paddleboard shapers and a rise in their marginal revenue product.
Demand for paddle board makers or shapers will rise as the demand for paddle boards develops because more paddle board makers are needed to produce more paddle boards. Prices When there is a rise in the demand for stand-up paddleboards, there is also a rise for paddle boards increase as demand for them increases.
A higher paddle board pricing will result in a higher marginal revenue product since the marginal revenue product is calculated by multiplying the paddle board's price by the maker's marginal product.
Marginal Product = Marginal Product * Paddle Board Price.
Due to increased demand, paddle board prices will increase, which will result in an increase in marginal revenue.
Learn more about demand here
https://brainly.com/question/14456267
#SPJ4
____ are the fundamental duties of a job.Essential job functionsMinimum job elementsDominant KSAs
Essential job functions refer to the core responsibilities and duties that are fundamental to a particular job.
These functions are the primary reason the job exists and are necessary for the job to be performed successfully. Essential job functions typically cannot be removed or altered without significantly changing the nature of the job. It is important to identify essential job functions in job analysis, as they provide the basis for determining job qualifications, performance standards, and reasonable accommodations for individuals with disabilities.
Essential job functions also serve as a basis for compliance with various employment laws and regulations, such as the Americans with Disabilities Act (ADA).
Learn more about Essential job
https://brainly.com/question/5811788
#SPJ4
Donald Trump wanted to pull us out of the WTO because he thought China was cheating. Would you stay in or leave?
Answer: I hate Trump and would make him eat tortilla chip vertically :/
Explanation:
Can anybody help me please? :)
According to O*NET, what is the most common level of education required for Nursery and Greenhouse Managers?
master’s degree
bachelor’s degree
associate degree
high school diploma or equivalent
Answer:
bachleor's degree
Explanation:
hope this helped
it’s B
i hope it helps
In which of the years was libertyville most likely experiencing a trough in its business cycle?
In the year 2016, Libertyville most likely experienced a trough in its business cycle.
What do you mean by trough?The level of the economy's enterprise cycle that marks the cessation of a duration of declining enterprise pastime and the transition to expansion is known as a trough.
The enterprise cycle is the upward and downward motion of gross home product and includes recessions and expansions that lead to peaks and troughs.
Thus, In the year 2016, Libertyville most likely experienced a trough in its business cycle.
Learn more about trough here:
https://brainly.com/question/1241657
#SPJ4
a company purchased a machine for $197,000 on october 1, 2024. the estimated service life is 10 years with a $20,200 residual value. the company records partial-year depreciation based on the number of months in service. depreciation expense for the year ended december 31, 2024, using straight-line depreciation, is: (do not round your intermediate calculations. round your answer to the nearest dollar amount) multiple choice $4,925. $14,775. $7,345. $4,420.
The calculation of depreciation expense for the year ended December 31, 2024 using straight-line depreciation with the given data is $4,925.
This is because the estimated total depreciation expense is ($197,000 - $20,200) / 10 years = $17,780 per year.
As the machine was purchased on October 1, 2024, it was in service for 3 months in 2024 (October, November, December).
Hence, depreciation expense for 2024 would be given by the equation $17,780 / 12 months * 3 months
= 1481*3
= $4,925 (rounded to nearest dollar).
To know more about depreciation expense click on below link:
https://brainly.com/question/30261199#
#SPJ11
What is the highest possible credit score on the FICO scale
Answer:
850
Explanation:
It's considered the unicorn of the financial world: a perfect credit score, the highest number a consumer can achieve within a credit scoring system. For the FICO® Score☉ , one of the most commonly used credit scoring models, that mythical and seemingly impossible figure is 850. (FICO® Scores range from 300 to 850.)
describe how supply and demand impact the cost of a good of service
Answer:
see below
Explanation:
Supply
Supply is the volume of a product or service that suppliers are willing to sell at the market at the stated price. The quantities supplied have a direct impact on the price of the product or service. The ideal volume is the equilibrium quantity, where there is no excess or short supply. Both sellers and buyers are happy with the price at the equilibrium quantity.
Should supply exceed equilibrium quantity, there is an excess supply in the markets. Many suppliers try to sell to a few buyers. Consequently, the prices decrease. When supply is below the equilibrium quantity, it causes a shortage in the market. As buyers compete for the few available products and services, prices increase.
Demand
Demand refers to the quantities that buyers are willing to purchase at a given price in a period. There exist a direct and proportionate relationship between the demand and price of a product or a service. An increase in demand causes the price to rise. When the demand falls, the prices decline.
can someone help? it's accounting !
Answer: i cant see
Explanation:
explain aspects that must be considered when starting or setting a business venture
I really want to do my own business to help people
ABC Ltd had investment of Rs 68,000 as on 31.3.2013 and investment of Rs 56,000 as on 31.3.2014. During the year ABC Ltd sold 40% of its investments being held in the beginning of period at a profit of Rs 16,800. Determine cash flow from investing activities.
ABC Ltd had investment of Rs 68,000 as on 31.3.2013 and investment of Rs 56,000 as on 31.3.2014. the cash flow from investing activities was Rs 44,000.
What are investing activities.?Generally, Investing activities are actions taken by a business or individual to acquire or dispose of assets in order to increase their wealth. These activities can include the purchase of stocks, bonds, mutual funds, real estate, or other types of investments. Investing activities are typically undertaken with the goal of generating income or capital appreciation over time.
To determine the cash flow from investing activities, we need to calculate the amount of cash that ABC Ltd received from selling its investments.
The investment at the beginning of the period was Rs 68,000. If 40% of this investment was sold, then the amount sold was 40/100 * Rs 68,000 = Rs 27,200.
The profit from the sale of these investments was Rs 16,800, so the total cash received from the sale was Rs 27,200 + Rs 16,800 = Rs 44,000.
Therefore, the cash flow from investing activities was Rs 44,000.
Read more about investing activities.
https://brainly.com/question/17100851
#SPJ1
when valuing a project that is not scale enhancing, an analyst will typically need to:
When valuing a project that is not scale enhancing, an analyst will typically need to use a discount rate that is the same as the company's weighted average cost of capital (WACC).
It is because scale enhancing is considered to be beneficial to companies when valuing projects, as it may reduce costs and increase profits in the long term. The WACC is a formula that calculates the average cost of capital (both equity and debt) that the company must pay to investors to finance its assets. The WACC is a common metric used by analysts when valuing projects, and it is used to discount future cash flows in the present.
The WACC can be calculated using the following formula:
WACC = (E/V x Re) + ((D/V x Rd) x (1 - T))
Where: E = Equity V = Total company value D = Debt Re = Cost of equity Rd = Cost of debt T = Tax rate
The analyst must calculate the cost of equity and the cost of debt separately to calculate the WACC.
Learn more about analyst at
https://brainly.com/question/24245450
#SPJ11
Donny, of Donny's Doughnuts, bakes and sells 100 dozen doughnuts a day using one mixer and one fryer. His rival, Sunshine, of Sunshine's Doughnuts, produces 180 dozen doughnuts a day using two mixers and two fryers. Both shops use the exact same technology to make doughnuts and have the same number of workers and the same size building. Donny and Sunshine both increase their capital equipment by one mixer and one fryer.
Answer:
D. Donny, because his workers are not as busy to start with
Explanation:
Note: The complete question is attached as picture
Based on the information supplied. Both shops use the exact same technology to make doughnuts and have the same number of workers and the same size building. Observation: There are diminishing returns to capital. This means in as much a more capital is added to labor, the marginal products falls.
As there are diminishing returns to capital, Donny will benefit the most as his workers were not as busy to start with.
List five steps of the budget process
Answer:
1)The President submits a budget request to Congress
2)The House and Senate pass budget resolutions
3)House and Senate Appropriations subcommittees "markup" appropriations bills
4)The House and Senate vote on appropriations bills and reconcile differences
5)The President signs each appropriations bill and the budget becomes law
Explanation:
I put the five federal budget process steps. Hope this helps :)
controlling inflation is more important than controlling unemployment. TRUE ORD FALSE
The statement controlling inflation is more important than controlling unemployment is true. The importance of controlling inflation outweighs that of controlling unemployment The argument is based on the proposition that low inflation stimulates job growth by encouraging investors, who in turn create employment opportunities.
It enables many people to improve their standards of living, pay off debt, and accumulate wealth, and it can stimulate the economy as a whole. However, excessive inflation may make it challenging for small businesses to remain on course, especially if they are unable to pass on the cost increases to customers. Historically, there has been an inverse correlation between inflation and unemployment.
To learn more about inflation, click here.
https://brainly.com/question/30112292
#SPJ4
Fill in the table for a perfectly competitive firm
The table for a perfectly competitive firm is given below:
How to solveWorking notes:
(1) Fixed cost is TC when Q (output) = 0, so FC = TC(Q = 0) = 100
(2) VC = TC - FC [TC = VC + FC]
(3) AVC = VC / Q [VC = Q x AVC]
(4) AFC = FC / Q = 100 / Q
(5) ATC = TC / Q [TC = ATC x Q] = AFC + AVC
(6) MC = Change in TC / Change in Q
(7) TR = P x Q = 50 x Q
(8) Profit = TR - TC
Therefore:
Q VC TC = VC + 100 AVC AFC = 100/Q ATC MC P TR Profit
0 0.0 100.0 50.0 0.0 -100.0
1 25.0 125.0 25.0 100.0 125.0 25.0 50.0 50.0 -75.0
2 45.0 145.0 22.5 50.0 72.5 20.0 50.0 100.0 -45.0
3 59.9 159.9 20.0 33.3 53.3 14.9 50.0 150.0 -9.9
4 70.0 170.0 17.5 25.0 42.5 10.1 50.0 200.0 30.0
5 90.0 190.0 18.0 20.0 38.0 20.0 50.0 250.0 60.0
Read more about perfectly competitive firms here:
https://brainly.com/question/1748396
#SPJ1
What is the research and development department?
Research and development (R&D) activities are characterized as imaginative and methodical labor carried out to add to the body of information, including an understanding of people, culture, and society, and to create new applications based on the knowledge already in existence.
For progress to be meaningful, research is essential. Development efforts would be pointless without research. Depending on the demands that already exist and the desired outcomes, many types of research may be done.
The outcomes will be more accurate and dependable the more rigorous the study design and thorough implementation. By offering market insights and creating new services/products or upgrading existing ones in response, an R&D department's job is to keep a corporation competitive.
The R&D division will play a significant role in how the company expands in the future. A variety of duties will fall under the purview of the R&D division.
To learn more about Research and development
https://brainly.com/question/15877824
#SPJ4
Dentify the sentence type: places like taco bell provide affordable and convenient food for americans, but consumers need to be aware of the health consequences of eating too much fast food. simple compound complex compound-complex
Answer:
The correct answer is the option: Compound.
Explanation:
To begin with, the sentences that are compound are understood to be the ones who have at least two or more independent clauses that are joined together by a comma, semicolon or by a conjunction. Therefore that the sentence presented in the text corresponds to a compound sentence due to the fact that you can find two different clauses that are joined together by a comma and a coordinator in this case ("but") and when that happens that coordinator adds also flowness to the sentence.
In the following pictograph, how many books has Group 3 read?
18
25
15
12
Answer:
15 is the answer you are looking
which products made by adidas have been purchased by customers in california in august? only show product names.
This is SQL query for selecting distinct product names from the product table that are manufactured by Adidas, and have been purchased by customers in California in August. This query helps to identify which Adidas products were popular among California customers in August.
To do this, SQL query joins several tables - product, manufacturer, saleitem, sale, and customer - and uses the WHERE clause to filter the results based on the manufacturer's name, customer's state, and sale date. The query is given.
Select distinct productname
from product p
join manufacturer m
on p.manufacturerid = m.manufacturerid
join saleitem si on p.productid = si.productid
join sale s
on s.saleid = si.saleid
join customer c
on s.customerid = c.customerid
where manufacturername = 'adidas' and c.state = 'CA'
and month(saledate) = 8
The use of the MONTH() function extracts the month portion of the sale date, allowing the query to specifically target sales made in August.
To know more about SQL Query:
https://brainly.com/question/28481998
#SPJ4
____The given question is incomplete, the complete question is given below:
Show the Query: which products made by adidas have been purchased by customers in california in august? only show product names.
a) Define annuity and provide TWO (2) examples of annuity. (4 marks) b) Find the future values and the interest earned for the following annuities: RM2,450 every 2 months for 1 year 8 months at 6% com
a. Retirees often receive a fixed amount of money from their pension funds or retirement savings at regular intervals, providing them with a steady income throughout their retirement years. b. Interest Earned ≈ RM1,199.69
a) An annuity refers to a series of regular payments or receipts made at fixed intervals over a specified period. It involves a stream of cash flows that can be either received or paid out. Two examples of annuities are:
Mortgage Payments: Monthly mortgage payments made by homeowners to repay their home loans can be considered an example of an annuity. These payments are made at regular intervals (usually monthly) over a predetermined period until the loan is fully paid off.
Retirement Pension: A pension received by a retiree on a monthly basis is another example of an annuity. Retirees often receive a fixed amount of money from their pension funds or retirement savings at regular intervals, providing them with a steady income throughout their retirement years.
b) To calculate the future values and interest earned for the given annuity of RM2,450 every 2 months for 1 year 8 months at a 6% compound interest rate, we can break it down into individual periods and use the formula for the future value of an annuity.
First, we need to determine the total number of periods. In this case, there are 1 year and 8 months, which is equivalent to 20 months. Since the payments are made every 2 months, there will be 20/2 = 10 payment periods.
Next, we can use the future value of an annuity formula:
Future Value = Payment Amount * [(1 + Interest Rate)^Number of Periods - 1] / Interest Rate
Substituting the given values:
Payment Amount = RM2,450
Interest Rate = 6% per annum / 12 months = 0.06/12 = 0.005
Number of Periods = 10
Future Value = RM2,450 * [(1 + 0.005)^10 - 1] / 0.005
Future Value = RM2,450 * (1.005^10 - 1) / 0.005
Future Value ≈ RM26,199.69
To calculate the interest earned, we subtract the total payments made from the future value:
Interest Earned = Future Value - (Payment Amount * Number of Periods)
Interest Earned = RM26,199.69 - (RM2,450 * 10)
Interest Earned ≈ RM1,199.69
Learn more about Interest here
https://brainly.com/question/30526949
#SPJ11
HELP! 40 points! MERRY ALMOST CHRISTMAS! ☃️
Answer:
What is Money received regularly for work or through investments? Income
What is the term for an individual, who conceives of, establishes, operates, and the risks of a business?entrepreneur
What is a business cost that increases or decreases, such as labor? Variable cost
What is Money earned per hour, can include overtime?Wages
What is a business cost that remains the same, such as rent?Fixed cost
What are Usually given to full-time employees, can include health insurance, life in paid vacation? Benefits
What is money earned yearly (but usually paid weekly or monthly), can include bonuses?Salary
What is Total pay or earnings before any deductions have been taken?Gross income
The most common time frame individuals use when developing a budget is _____. A) Yearly B) Monthly C) Daily D) Weeklyeco
Answer:
Monthly
Explanation:
what are some of the technqiues that can help make the execution of a project plan go as smoothly as possible.
Some techniques that can help make the execution of a project plan go as smoothly as possible include:
Setting clear and realistic goals and objectives: Clearly define what you want to achieve and make sure the goals and objectives are achievable within the time and resources available.
Breaking down the project into manageable tasks: Divide the project into smaller tasks and assign responsibilities to team members based on their skills and expertise.
Establishing timelines: Create a timeline for the project and ensure that all team members understand the deadlines and milestones.
Communication: Ensure that all team members are kept informed of any changes to the project plan, and communicate effectively throughout the project.
Monitoring and tracking progress: Regularly monitor and track progress against the project plan to identify any issues or delays that need to be addressed.
Risk management: Identify potential risks and develop strategies to manage them before they become major issues.
Flexibility: Be prepared to adjust the project plan if necessary to accommodate changes in circumstances or unexpected events.
By applying these techniques, you can improve the chances of successfully executing a project plan and achieving your desired outcomes.
learn more about goals here: brainly.com/question/9869421
#SPJ11