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Naya [18.7K]
2 years ago
6

management focuses on managing the production and delivery of an organization's products or services more effectively. multiple

choice question.
Business
1 answer:
dolphi86 [110]2 years ago
8 0

The goal of operations management is to better efficiently manage the production and delivery of an organization's goods or services.

(OM): What Is It?

The management of business procedures to achieve the best level of productivity within an organization is known as operations management (OM). In order to increase an organization's profit, it is concerned with transforming resources like labor and materials into products and services as effectively as feasible. Teams in charge of operations management strive to produce the maximum net operational profit by balancing costs and revenues.

KEY LESSONS

The management of business procedures to achieve the best level of productivity within an organization is known as operations management.

The most effective conversion of resources like labor and materials into products and services is the focus of operations management.

to know more about Operations Management

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lord [1]
It should be specific
7 0
3 years ago
CRM allows an organization to accomplish all of the following except:
klemol [59]

Answer: C. Complicate Marketing and Sales processes.

Explanation: Customer Relationship Management (CRM) is aimed at fostering a better and more efficient company to customer/client relationship. Customer Relationship Management provides platforms and services required to make customers feel comfortable and happy, thereby increasing client retention and influx and ultimately driving sales. Customers Relationship Management provides better customer service, efficient call center services by ensuring customers can easily make enquires and get adequate information, Ensure that deals are closed faster by providing adequate support for their staffs.

Complicating marketing and sales processes is against the duties and objectives of customer relationship management.

3 0
3 years ago
Ferrari is well known as a brand of luxury sports cars; accordingly, it has leveraged its brand name to introduce clothing offer
Pepsi [2]

Answer:

brand dilution

Explanation:

According to the information in the question above, it is correct to say that Ferrari may run the risk of diluting the brand, which occurs when a brand has a very strong product, as in the case of Ferrari, which is a brand recognized for its luxury cars , and betting on a licensing strategy can lead to a loss of value because other product lines do not meet the quality and value standards perceived by consumers.

3 0
3 years ago
In November 1, Alan Company signed a 120-day, 10% note payable, with a face value of $27,000. Alan made the appropriate year-end
Dafna11 [192]

Answer:

The journal entry as of march 1 will be:

Debit Notes payable $27,000

Debit Interest payable $450

Debit Interest Expense $450

Credit Cash $27,900

Explanation:

payable amount = $27,000

 Issued on 1st Nov

 Term = 120 days

 Maturity on 1st march.

Days from 1st Nov to 31st Dec = 60 days

 Days from 1st Jan to 1st March = 60 days

 Total 61 + 59 = 120 days

Interest expense from 1st Nov to 31st Dec

 = 27000 x 10% x 60/360

 = $ 450

 This $450 has been debited as Interest expense and Credited as   Interest payable on Year end Accrual.

Interest expense from 1st Jan to 1st March

 = 27000 x 10% x 60/360

 = $450

One maturity, 1st March, cash payment would include $27000  (amount of notes payable) + $900 (interest amount = 27000 x 10% x  120/360).

Total cash payment = $ 27,900

This cash payment of $27,900 will be credited.

Interest expense (1st jan to 1st march) of $450 will be debited.

 Interest payable (1st Nov to 31st Dec) of $450 will be debited, and

 Notes payable amount of $27,000 will also be debited.

Therefore , The journal entry as of march 1 will be:

Debit Notes payable $27,000

Debit Interest payable $450

Debit Interest Expense $450

Credit Cash $27,900

7 0
3 years ago
Expanding operations in countries where verbal expressions and gestures do not have the same meaning illustrate one of the main
motikmotik

Answer: globalization

Explanation:

Globalization is simply the process by which organizations or businesses start

their operations on international scale or start having international influence.

Despite the advantages of globalization such as allowing several goods and services to be affordable in different countries, improvement in productivity, employment opportunities etc, one challenge is that expanding operations in countries where verbal expressions and gestures do not have the same meaning could pose a difficulty.

7 0
3 years ago
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