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mario62 [17]
2 years ago
7

You work as the sales manager for a company that sells paper supplies to businesses of all sizes. Because the profit margins are

razor-thin, you need to ensure that you are getting the very best prices on all paper supplies from the manufacturers. When reviewing the quarterly profit statement, you realize that your costs are higher than they should be, and you trace the higher costs back to an employee who has been lax about getting competitive bids to ensure the lowest prices. When you conduct your research to determine the reason for the higher costs, and take action to bring those costs back down, in which of the key management processes are you taking part?
Business
1 answer:
Jobisdone [24]2 years ago
7 0

Answer:

Controling.

Explanation:

Analyzing the above scenario, it is possible to identify that the process of determining the reason for the higher costs and taking measures to reduce those costs is part of an organization's control management process.

It is essential that each company has a well-established control management system, as a way of positively influencing employees in the company and ensuring that all strategic activities and actions are carried out as planned to achieve organizational objectives and goals.

An effective management control process ensures that companies operate more effectively, improving organizational resource management processes, reducing costs and making management more structured and effective so that a company remains competitive and profitable in the market.

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8 0
2 years ago
2. How are school rules similar to state and federal laws? What woud the typical American high school be like if there were no r
jenyasd209 [6]
School rules and government rules are very similar, some similarity are no steeling and drugs and an average high school with no rules would be chaotic. 
7 0
3 years ago
Eliminating waste, selling products that are produced with sustainable methods, and installing natural power generation illustra
Aleksandr-060686 [28]

Answer:

option "C" is the correct answer for the following statement.

A knowledge-based approach.

Explanation:

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There were several benefits to portraying information directly through rules: Development and preservation.  

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6 0
3 years ago
A wheat farmer who wants to hedge the crop he plans to harvest next june should do what?
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6 0
3 years ago
The dollars available from each unit of sales to cover fixe
lbvjy [14]

Answer:

False

Explanation:

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The contribution margin is the dollar amount available from the sale of each unit to cater for fixed costs and profits. It is calculated by subtracting variable costs from the selling price. The contribution margin is used in determining the break-even point and the output level required to achieve desired profits.

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