Question: Please help with this one.. Western Amalgamated Corp. The Purchasing Policy Guidelines of the Western Amalgamated Corp. indicate that the company is committed to procuring

Please help with this one.. Western Amalgamated Corp. The Purchasing Policy GuidelinesPlease help with this one.. Western Amalgamated Corp. The Purchasing Policy Guidelines of the Western Amalgamated Corp. indicate that the company is committed to procuring its goods, products, and services from a diversified pool of vendors, contractors, and service providers.

Western Amalgamated Corp. The Purchasing Policy Guidelines of the Western Amalgamated Corp. indicate that the company is committed to procuring its goods, products, and services from a diversified pool of vendors, contractors, and service providers Despite these guidelines, Western's purchasing manager prefers to maintain a small cadre of suppliers that he knows and trusts. How would you expect this situation to affect the assessment of Western's financial condition and performance? O The purchasing manager's behavior should be expected to decrease western's riskiness. His belief that the use of trusted suppliers will prevent or eliminate any inventory or supply delays or outages is, no doubt, correct. The purchasing managers behavior should be expected to increase Western's riskiness by increasing its exposure to potential supply shortages or mistimed deliveries. Although nonquantitative factors may be relevant to a company's financial evaluation in general terms, the details of this specific situation are not relevant to the firm's financial condition or performance. A-Z Grade It Now Save & Continue Continue without saving

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!