Explain audits to monitor supplier compliance
Would you recommend that a company join the Fair Labor Association and use FLA's standards and program of factory audits to monitor supplier compliance instead of trying to set up its own supplier monitoring and compliance effort? Why or why not?
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Program of factory audits to monitor supplier compliance instead of trying to set up its own supplier monitoring and compliance effort? Why or why not?
What is consumer sovereignty? What does it have to do with determining what goods and services are produced? Who determines how goods and services are produced? Who receives the goods and services in a market system?
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Flagstaff Department Store had net credit sales of $13,000,000 and cost of goods sold of $10,000,000 for the year. The average inventory for the year amounted to $2,500,000. what is the inventory turnover ratio for the year ?
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