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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

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A good file system depends on easy retrieval of information, so it is important that _______.
nataly862011 [7]

It is important that you are able to organize and classify your files so that it would be fast and simple to retrieve them when they are needed.  Classify them by topics and arranged them by date as well as by alphabetical order and create a database so that you retrieve them quickly.

8 0
3 years ago
The weight of a product is normally distributed with a standard deviation of 0.5 grams. If the production manager wants no more
Savatey [412]

Answer:

4.28 grams

Explanation:

The z score is used to determine by how many standard deviations the raw score is above or below the mean. The z score is given by the formula:

z=\frac{x-\mu}{\sigma} \\\\where\ \mu=mean,\sigma=standard \ deviation,\ x=raw\ score

Given that:

P(x > 5.1 grams) = 5%, x = 5.1 grams, σ = 0.5 grams

P(x > 5.1 grams) = 5%

P(x < 5.1 grams) = 100% - 5% = 95%

P(x < 5.1) = 95%

From the normal distribution table, 95% corresponds with a z score of 1.645. Hence:

1.64=\frac{5.1-\mu}{0.5}\\\\5.1-\mu=0.82\\\\\mu=4.28\ grams

5 0
3 years ago
Capital structure decisions include determining: Group of answer choices The terms of a bond issue to fund a project. the amount
IgorC [24]

Answer:

The correct answer is letter "A": The terms of a bond issue to fund a project.

Explanation:

Capital structure is the mixture of a company's debt and equity to fund its long-term operations and growth. Common stock is the most common type of capital for publicly traded companies, which typically forms the majority of a company's stock ownership. Bonds are another firm companies raises funds from under a repayment promissory note. Capital structure helps investors to assess the optimal value of a firm's capital expense.

5 0
3 years ago
The following transactions were selected from the records of OceanView Company:
Bezzdna [24]

Answer:

$19,380

Explanation:

The computation of the net sales for the two months is shown below:

= Sale value of merchandise as on July 12 + Sale value of merchandise  as on June 15 +  Sale value of merchandise  as on July 20 - sales discounts from July 15 sale

= $3,500 + $10,500 + $5,800 - $10,500 × 4%

= $3,500 + $10,500 + $5,800 - $420

= $19,380

Since the payment is collected on June 23 i.e within 10 days so it is eligible for sales discounts

And from July 20 sale no sales discounts is eligible as it is exceeded than 10 days  

3 0
3 years ago
Which option is an example of labor as a factor of production?
dolphi86 [110]

Answer:A

Explanation:

8 0
3 years ago
Read 2 more answers
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