A firm's attempts to shorten the length of time a process takes may lead to disappointing outcomes because of time compression diseconomies.
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What are time compression diseconomies?</h3>
- According to time compression diseconomies, which are defined as inefficiencies that arise when work is done more quickly, the cost of building a competency will rise exponentially as the amount of time permitted to do so decreases.
- Not every subsidiary deals with time compression diseconomies to the same extent.
- The date of a later subsidiary formation may affect how strong TCD is. Early-established subsidiaries may have greater TCD than later entries due to two factors.
- First, for late movers, vicarious learning may lower TCD. Second, TCD is made worse by the higher environmental uncertainty that early mover subsidiaries frequently experience.
- TCD explains why the well-studied relationship between the level of multi-nationality and business success is negatively moderated by the rate of overseas expansion.
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Answer:
enterprise resource planning.
Explanation:
Enterprise resource planning involves management of main business processes and usually involves use of software. ERP supports similar processes based on the department it is deployed to.
For example ERP can be set up in a company to define various functions of human resources, accounting, amd operations.
The software used for each division will be tailored to their needs. Operations will be more towards everyday processes of production and customer service, while for human resources it will support more of data analysis for effective people management and performance related activities.
Answer:
Creation Theory
Explanation:
The creation Theory is a theory that sees the entrepreneurs are the actors; i.e, entrepreneurs create opportunities via their actions, reactions, and experiments around new products, services, and business models. The creation theory assumes that opportunities are created by entrepreneurs who are searching for ways to gain economic advantage in the market in which they operate.
Answer:
Eh easy aall you have to do is pay 4,305 dolllars
Explanation:
