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ExtremeBDS [4]
1 year ago
12

responsibility for designing a product that can be made for no more than the target cost is given to the

Business
1 answer:
LiRa [457]1 year ago
8 0

Responsibility for designing a product that can be made for no more than the target cost is given to the product development team.

Product development teams are responsible for the making, launching, and success of a new product. A product's pathway to success is usually initiated with a well-structured product development team. These teams usually involve members from other departments including marketing, cost control, sales, and engineering. The product development teams figure out the customer demands and then plan accordingly to respond to the competition. This team also has the responsibility to conduct market research, keep track of the competitors, and revise the plan of action for customer satisfaction. The product manager of the team is responsible to allocate the resources and control the cost of manufacture and development of the product within the target cost as directed to it.

To learn more about the product development team, click here:

brainly.com/question/16975755

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The fundamental purpose of an organization's mission statement is to: create a good human relations climate in the organization.
leva [86]

Answer: define the organization's purpose in society.

               

Explanation: In simple words, it refers to a short statement which defines why an organisation exist in the society. It illustrates what are the goals of the organisation, its primary customers, the commodities they are going to offer and so on.

The mission statement lays a foundation for the overall planning of the organisation.

Hence the correct answer is last statement.

4 0
3 years ago
What is one way governments try to encourage growth?.
Jlenok [28]

Governments use spending and taxing powers to promote stable and sustainable growth.

<h3>What is encourage growth?</h3>

To make more effective or to increase the value of something. improve.

Vaccinations, exclusive breastfeeding, and prompt medical attention when ill are all factors in a child's healthy growth and development. For young children to explore and learn, it's crucial to have access to clean air, water, and sanitary facilities, as well as safe spaces for play and recreation.

Variations in the GDP and other macroeconomics indices can be used to detect a business cycle. The business cycle has four distinct phases: expansion, peak, contraction, and trough.

The peak, the recession, the trough, and the expansion are the four stages of the business cycle. The lengths of business cycles vary.

The term "classical cycle" describes ups and downs in overall productivity. The production growth rate's variations are what the growth cycle is concerned with.

To learn more about encourage growth refer to:

brainly.com/question/1341373

#SPJ4

7 0
1 year ago
A) "Tranings are are the most important part of any occupation": justify it​
Dmitrij [34]

Explanation:.

The Importance of Training Employees: 11 Benefits

The Importance of Training Employees: 11 BenefitsFebruary 22, 2021

The Importance of Training Employees: 11 BenefitsFebruary 22, 2021As technology advances and workplace methods and strategies improve, there comes a need for employers and employees to align with these changes in terms of knowledge, skills, values and abilities. One of the best ways to enhance knowledge and skills is through training. Getting employees exposed to relevant and consistent training can help companies improve performance and increase results in the workplace. In this article, we explain the importance of training employees and provide a list of potential benefits.

What is the importance of employee training?

Training is important because it represents a good opportunity for employees to grow their knowledge base and improve their job skills to become more effective in the workplace. Despite the cost of training for employees, the return on investment is immense if it is consistent.

There are several reasons it is important for employers to initiate training programs for their employees, such as:

It improves skills and knowledge

Employee training programs help improve the knowledge and skills of employees to match the various changes in the industry. These improvements will positively affect the productivity of workers, which can increase the profits and efficiency of an organization. Some of the things employees may learn through training include work ethics, human relations and safety.

It satisfies the recommendations of performance appraisals.

When an organization's employee performance appraisals suggest the need for improvement on a particular subject or skill, training programs can be organized for staff members to help satisfy this requirement. Training can therefore address an identified problem area and work toward a solution.

8 0
3 years ago
Read 2 more answers
One of the elements of the Fraud Triangle focuses on how easy or hard it is for the internal control system to prevent any fraud
olga55 [171]

Answer: Opportunity

Explanation:

1. Opportunity - Given the fact that employees are granted access to very important documents, this might provide them the opportunity to commit theft. Employees who occupy top positions have access to classified information of the company which when manipulated can result to disastrous consequences. It now be holds on the employers of labour or the internal control system, to limit access to such information so as to make it hard for such fraud to be committed.

The procedures used by auditors to provide evidence are in two phases namely; the planning phase and execution phase.

1. The procedure for the planning phase is - Designing Appropriate Procedures : The evidence in this case could be a red flag noticed in the account records. The person who tried to commit the fraud could change figures in places that may not be noticeable.

2. The procedure for the execution phase involves - Implementing Appropriate Procedures : The evidence could be seen as an error. This error most likely results in wasteful spending.

8 0
3 years ago
What are the portfolio weights for a portfolio that has 148 shares of Stock A that sell for $35 per share and 110 shares of Stoc
Svetllana [295]

Answer:

Weight A= 0.6624

Weight B= 0.3376

Explanation:

From the question above,

Stock A has 148 shares at $35

Stock B has 110 shares at $24

The first step is to calculate the total amount of value

= 148($35)+110($24)

= $5,180+$2,640

= $7,820

Therefore the weight of each stock can be calculated as follows

Weight A= 148($35)/$7,820

= $5,180/$7,820

= 0.6624

Weight B= 110($24)/$7,820

= $2,640/$7,820

= 0.3376

Hence the portfolio weights are 0.6624 and 0.3376 respectively.

6 0
3 years ago
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