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Rainbow [258]
1 year ago
10

is a guiding philosophy and management approach that emphasizes efficiency through elimination of waste in company operations.

Business
1 answer:
icang [17]1 year ago
4 0

<u>Lean production</u> is a guiding philosophy and management approach that emphasizes efficiency through the elimination of waste in company operations.

Management is the management of an agency, whether or not it's miles a business, a non-earnings business enterprise, or a government frame. it is the art and science of handling resources of the enterprise.

The principle objective of management is to relax maximum outputs with minimum efforts & sources. control is basically concerned with wondering & utilizing human, material & financial resources in this sort of manner that might result in a first-class combination.

To the maximum fundamental degree, management is an area that includes a fixed of 5 general functions: making plans, organizing, staffing, leading, and controlling. those 5 capabilities are a part of a frame of practices and theories on a way to be a hit manager.

Learn more about  management here brainly.com/question/1276995

#SPJ4

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Which term describes the economy that revolves around providing intangible services such as restaurant work, health care provisi
xxTIMURxx [149]

Answer

The correct answer here is service sector.

Explanation:

Service sector is one of the three sectors of economy , which produces both tangible and intangible services like warehousing service, information service, professional , health care, entertainment services etc. Usually countries whose economies centered around service sector are considered to be more progressive or advanced than other economies like agricultural or industrial. This sector is the largest sector of worldwide ( global ) economy when seen in terms of value added.

4 0
3 years ago
ECONOMICS EVERFI QUESTION When comparison shopping, all of these hint at a good deal EXCEPT_____________________. lower-priced m
Otrada [13]

Answer:

the sale price is the cheapest available.

Explanation:

Comparison shopping is the practice or nature of shopping where one compares the price of an item different sources which the individual wishes to purchase. This is done in advance before the actual purchase or shopping. It is done to achieve the best deal in price.

Comparison shopping is ideal or beneficial when buying items which can be easily researched through some advertisements. When doing comparison shopping it is not a good deal to always go for the lowest price available.

Thus, it is not considered a good deal when you go for the sale price that is the cheapest available.

4 0
3 years ago
Packaging Products, Inc., sends its standard purchase-order form to Quality Box Company to evidence a sale of packaging material
natima [27]

Answer:

Option D. Any of the above.

Explanation:

The reason is that the contract is not formed until the both parties don't agree on the terms and conditions of the contract which includes:

  • New terms and conditions because as we know the business environment is consistently changing like inflation changes, etc (Option A).
  • The acceptance is always required for the contract formation (Option B).
  • Additional clauses of the contract are new clauses and acceptance is required for these to form a contract (Option C).

So all of the options can alter the contract existence. So the right answer is option D.

4 0
3 years ago
Read 2 more answers
**ECONOMICS** Which action would most likely limit a person's success in the workplace?
Anna11 [10]

Answer:

D

Explanation:

if you refuse to tell others the problem then you risk everything

5 0
3 years ago
Read 2 more answers
You are a self-employed profit-maximizing consultant specializing in monopolies. Five firms are currently seeking your advice, a
djverab [1.8K]

Answer:

The answer is option A) The short run recommendation for a monopolistic firm is to remain at the current output level

Explanation:

In the short run, monopolistic firms could record losses but still continue to run in anticipation of a sustainable profit in the long run.

A self-employed profit-maximizing consultant specializing in monopolies understands that the short run losses experienced in a monopoly is also an advantage in that it reduces the participation of more players in the same industry/ market segment.

The best recommendation would be to remain at the current output level during the short run to cut losses, sustain patronage and then develop a long term strategy that will guarantee profitability in the long run.

6 0
3 years ago
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