1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
AysviL [449]
2 years ago
7

At the annual meeting of the board of directors of LabZaws Co., James Wilson, the CEO of the company, was directed to focus prim

arily on enhancing the firm's efficiency. How could he achieve this objective
Business
1 answer:
ahrayia [7]2 years ago
4 0

James Wilson could  achieve this objective by focusing on both cost reduction and revenue enhancement

What is Cost reduction?

Cost reduction is the procedure of lowering a business's expenses in order to increase profits. It entails locating and eliminating expenses that don't benefit customers in any way, as well as streamlining operations to increase productivity.

What is revenue enhancement?

The objective of any successful revenue enhancement strategy is to build and improve on current payment levels and then recover arrear debt. As indicated, this document seeks to identify causes for non-payment and to develop a strategy to address those challenges.

Learn more about Cost reduction and revenue enhancement here:

brainly.com/question/25995911

#SPJ4

You might be interested in
What is the value of zero-coupon bond with a par value of $1,000 and a yield to maturity of 5.20%? The bond has 12 years to matu
Troyanec [42]

Answer:

$544.265

Explanation:

Given:

FV = $1,000

Yield to maturity = 5.2%

N = 12 years

Required:

Find the value of the zero coupon bond.

Use the formula:

PV = FV * PVIF(I/Y, N)

Thus,

PV = 1000 * PVIF(5.2%, 12)

= 1000 * 0.544265

= $544.265

The value of the zero coupon bond is $544.3

7 0
3 years ago
Mara is a management consultant for a soda manufacturer that wants to expand into health drinks such as green tea and after-work
kirill115 [55]

Answer:

B. "Carefully consider the entry choices over time before making a decision."

Explanation:

Since Mara company specializes in manufacturing sodas, venturing into health drinks is risky and therefore would need a lot of planning, thorough analysis of the target market . Looking into whether there's sufficient demand for it and forecasting future trends with regards to health drinks is also important . Mara should therefore, test venture into this by testing the market and considering entry choices over time before making a decision.

6 0
3 years ago
Refer to the following selected financial information from Marston Company. Compute the company's accounts receivable turnover f
Artyom0805 [142]

Answer:

The correct option is E

Explanation:

The formula to compute the accounts receivable turnover of the company for the Year 2 is as:

Accounts Receivable Turnover = Net Credit Sales / Average Accounts Receivable

where

Net Credit Sales be $723,000

And

Average Accounts Receivable is computed as:

Average Accounts Receivable = Accounts receivable Year 1 + Accounts receivable Year 2 / 2

= $86,500 + $82,750 / 2

= $169,250 / 2

= $84,625

Putting the values in the above formula:

= $723,000 / $84,625

= 8.54

5 0
3 years ago
Jeff Jackson opened Jackson's Repairs on March 1 of the current year. During March, the following transactions occurred: Jackson
Vika [28.1K]

tambien la necesito

Explanation:

tambine

6 0
3 years ago
Google Ads offers a variety of campaign types which determine where your ad will appear and the format in which it will be displ
Stells [14]

Answer: D. Search, Display, Video, Shopping and App

Explanation: Advertising with Google Ads starts with creating a campaign based on your business objectives. Each campaign type determines where your ads appear and the format in which those ads are displayed. Different campaign types — Search, Display, Video, Shopping, and App — can support your business objectives.

3 0
3 years ago
Other questions:
  • Raymond owns an Accidental Death and Dismemberment Policy with a principal sum of $50,000, and a capital sum of $25,000. After o
    5·1 answer
  • A ________ may be desirable as a market entry strategy if one company does not have the necessary financial, physical, or manage
    14·1 answer
  • _______is a very useful method for determining whether respondents have any difficulty understanding the questionnaire and wheth
    6·1 answer
  • 14 . Private solutions to correct for externalities
    14·1 answer
  • The project title should
    14·1 answer
  • Modern Railways Co. operates a cargo railroad service between New York and Boston. A train owned by Modern Railways derails due
    14·1 answer
  • Strieby Corp. operates a business with three separate entities as subsidiaries that operate as a unitary business: Matty Corp.,
    12·1 answer
  • The economy is in equilibrium when Real GDP is . At this point, the economy is also in . Which of the following did Keynes argue
    15·1 answer
  • Wildhorse Co. had the following assets on January 1, 2022. Useful Life (in years) Item Cost Purchase Date Useful Life (in years)
    13·1 answer
  • Companies that try to act in a socially responsible way are likely to focus on such activities as Multiple select question. incr
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!