The maximum fine for driving and drinking an alcoholic beverage is:_______

Which of the following describes the mission of an organization? a. Who are we? Who will we become? b. What do we stand for and

Llana [10]

Answer:

a. Who are we? Who will we become?

Explanation:

In Business management, a strategy can be defined as a set of guiding principles, actions and decisions that an organization combines so as to achieve its business goals, attract customers and possess a competitive advantage over its rivals in the industry.

Business strategy sets the overall direction for the business because it focuses on defining how a business would achieve its goals, objectives, and mission; as well as the funds and material resources required to implement or execute the business plan. The components of a business strategy includes the following;

I. Value.

II. Vision.

III. Mission.

A mission statement is typically a description of the overall goal or purpose for which an organization was established and what it hopes to achieve in the future.

Hence, the question of Who are we? and Who will we become? describes the mission of an organization.

6 0

3 years ago

Mattress Wholesalers, Inc. is constantly trying to reduce inventory in its supply chain. Last year, cost of goods sold was $7

yarga [219]

Answer:

(A)

we are given for last year

cost of goods sold was $7.5 million and inventory was $1.5 million

firstly , we will find average cost of sold good on week basis

=cost of goods / total number of weeks in a year

so, we get

average cost of sold good on week basis as :

=\frac{7.5}{52}= 0.1442 million

now, we can find weeks supply

Weeks supply=Investment in inventory/ Average cost of sold good on week basis

week supply = 1.5/0.1442 =10

so, week supply = 10 ...........Answer

(B)

we are given for this year

cost of goods sold is $8.6 million and inventory investment is $1.6 million

firstly , we will find average cost of sold good on week basis

=cost of goods / total number of weeks in a year

so, we get

average cost of sold good on week basis as :

=\frac{8.6}{52}= 0.1654 million

now, we can find weeks supply

Weeks supply=Investment in inventory/ Average cost of sold good on week basis

week supply = 1.6/0.1654 =10

so, week supply = 10 ...........Answer

(C)

yes , reduced by 7%

6 0

3 years ago

Support functions manage and improve the efficiency of an organization's conversion processes so that more value is created.

Ksenya-84 [330]

Answer:

False

Explanation:

The given situation does not represents the support function as it is a production function and the same is to be considered as it manages and improves the organization efficiency also it convert the processes through which it added the more value to the organization

Therefore the given statement is false

5 0

3 years ago

________differentiation is a business strategy whereby firms attempt to gain a competitive advantage by increasing the perceived

Andreas93 [3]

Answer:

A) Product Differentiation

Explanation:

Product differentiation is referred as a strategy which companies or firms use to showcase the abilities which their products have and the competing product does not have. Some go as far as displaying an added advantage which their products have. Forms which this strategy can take may be through price of the product, reliability of the product or location of the product.

8 0

3 years ago

During the industrial revolution, high population growth in great britain, combined with intensive use of raw materials from the

maks197457 [2]

The answer in the space provided is carrying capacity as this is what is being threatened in the scenario above because the carrying capacity is a way of establish what the environment can hold or provide with a limited amount of people and when if there is a presence of population growth that is high, it could be threatened.

6 0

3 years ago

The maximum fine for driving and drinking an alcoholic beverage is:________