Answer:
share customer information across all departments
Explanation:
The effective three-step process for business are:
<u>- Assess, </u>
Obtaining all valuable information relevant to the operation. This include things such as customer information, market tendencies, and external challenge.
Failing to give a certain information to any part of departments indicates a failure in this step.
In the example above, the product development team wouldn't have any clue on how to improve their new product if they do not possess the information regarding the customers' complaints.
<u> - Improve, </u>
After the company receive the relevant information, the employees will know the things that are well-liked and the things that despised by the customers.
They can use this information to design improvement for the products and catering to the things that customers like.
<u>- Implement</u>
After the improvement is designed, the company just need to collect the resources it needed and implement the improvement.
Answer:
Choose Project A whose payback is 2.492 years and therefore falls within the 2.5 year required payback period.
Explanation:
Project A
Year Cash-flow Balance
0 (72,000) (72,000)
1 21,400 (50,600)
2 22,900 (27,700)
3 56,300 28,600
Project B
Year Cash-flow Balance
0 (81,000) (81,000)
1 20,100 (60,900)
2 22,200 (38,700)
3 74,800 36,100
Answer:
unstructured
Explanation:
There are two main types of decision making:
Structured and Unstructured
In the structured kind of decisions, there is a defined practice and manner to take the decision, and generally it relates to daily transactions, or those encountered by company on normal basis as part of business.
In unstructured decision there is no standard defined for the manner of taking decision, as for any individual company, a lot of information is required for making such decision, and generally does not relate to common business activity.
Therefore, correct answer is:
unstructured
Answer:
The correct option is D,form a corporation
Explanation:
The rationale for my choice of answer is that limited liability applies to a corporation which is found in other types of businesses.
Limited liability is a concept which implies that the liability of shareholders in a limited liability company is limited to the amount contributed to the business by a way of shares held in the company.
When a company runs into debt,the shareholders would not be required to make up such debts from their private pockets,hence Harry and Meghan personal effects are secure.