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2 years ago

Operations management moves from knowing the needs of consumers to actually satisfying those needs.a) trueb) false

Business

1 answer:

Mariana [72]2 years ago

8 0

Answer:

True

Explanation:

Remember, no business operations would exist if there aren't any identified customer needs to solve.

Also, we need to bear in mind that Operations management activities are done in any business in other to efficiently (profitably) process raw materials, labor, etc into the goods and services needed by consumers.

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. In the context of sourcing, multiple suppliers: a. often provide the ability to form close partnerships. b. often provide econ

Galina-37 [17]

Answer:

c. lower the risk of supply disruption

Explanation:

Having multiple suppliers is always a good sourcing strategy, as it minimizes the risk of supply disruption. If one of the suppliers fails to maintain the contract due to various reasons (bad business operating), the risk is dispersed among a few suppliers, so there is the contingency principle applied.

This way, the supply chain never gets disrupted.

6 0

3 years ago

Nordstrom sells designer suits made in italy in its stores in the united states. nordstrom is ____ suits. a. importing b. taxing

erica [24]

Importing

What is Importing?
An import is an item or service that is purchased outside of its nation of origin. International trade is made up of imports and exports. A country has a negative trade balance, or a trade deficit, if the value of its imports exceeds the value of its exports. Since 1975, the US has had a trade imbalance. The U.S. Census Bureau estimates that in 2019, the deficit was $576.86 billion.

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8 0

1 year ago

Once a business owner proves that a franchise is successful, his or her franchise will automatically be renewed True or False?

Usimov [2.4K]

The answer is False:)

5 0

3 years ago

Read 2 more answers

A symmetric, bell-shaped frequency distribution that is completely defined by its mean and standard deviation is the _____ distr

crimeas [40]

A symmetric, bell-shaped frequency distribution that is completely defined by its mean and standard deviation is the normal distribution.

A symmetrical distribution about the mean, such as the normal or Gaussian distribution, indicates that data points closer to the mean occur more frequently than data points further from the mean.

The normal distribution is represented graphically by a bell curve. A bell curve of probabilities is more properly known as the normal distribution. The standard deviation is one and the mean is zero in a normal distribution. Its kurtosis is 3, and its skewness is 0. Not all symmetrical distributions are normal, but all normal distributions are symmetrical. The normal distribution can be thought of as a rough approximation of many naturally occurring events. However, most price distributions in finance are not normally distributed.

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6 0

1 year ago

A customer has made an investment that pays $20 of interest during its first year and that has appreciated by $250, for a year-e

love history [14]

Answer:

0.2571 or 25.71%

Explanation:

In this case, even though the initial amount invested is not given, it can be found by subtracting the amount by which the investment appreciated of the year-end value:

$A = \$1,300 - \$250\\A = \$1,050$

The return rate is given by the interest payed added to the amount appreciated, divided by the initial investment:

$r=\frac{\$250+\$20}{\$1,050} \\r=0.2571= 25.71\%$

The customer's total return is 0.2571 or 25.71%

6 0

3 years ago