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Is a supplier of goods and services a customer?
A supplier of goods and services is commonly referred to as a vendor. Unless they are buying your goods or services they are not a customer.
What is the difference between a customer and supplier?
A supplier makes the goods available that the customer then buys.
What is direct shipment?
You [C] order from a supplier [B] but the goods are notsent from them but their supplier [A] -so goods sent from A to C directlyrather than from A to B then B to C
Is computer is capital goods?
YES Computer is capital goods
What is maintenance suppliers?
Maintenance supplier will be the supplier who are taking responsibility of maintenance of goods while supplying process.
If Your company is considering whether or not to sue a supplier of faulty goods there's precedent on similar facts the supplier was held liable. explain the extent to which reliance may be placed?
The supplier has a record of faulty goods? No one checked? Doh....
Is a supplier of goods an external customer?
Yes. They are our external customers.
This is equipment and factories used in the production of goods and services?
capital goods or capital
Why are goods produced?
Goods are produced to meet a demand. Consumers want the goods, they are willing to pay, the supplier must produce the goods or risk loss.
Which of the following statements is TRUE about capital goods?
Capital goods are bigger and more expensive than consumer goods.
What is the effect of removal of oil subsidy on the Nigeria economy?
Effect of fuel subsidy removal in nigeria economy
Why is it important for the supplier of goods and service to have information about price elasticity of demand?
In that way the supplier of goods and services, will be able to know how many goods they must produce for the quantity demanded in the economy. They need to know how much price affects the consumers.
