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1 year ago

For an organization to obtain a competitive advantage through superior innovation, it should?

1 answer:

3 0

For an organization to obtain a competitive advantage via superior innovation, it should For an organization to obtain a competitive advantage via superior innovation, it should Produce products with technologies that have not been utilized previously.

<h3>What is superior efficiency in competitive advantage?</h3>

Efficiency, quality, innovation, and customer response are the four pillars of competitive advantage. A corporation can charge a greater price and still reduce costs if it is more efficient, produces better quality products, and provides better customer service.

Superior efficiency can only be attained with an organization-wide commitment and the capacity to assure strong coordination between functions. Top management is crucial to this process because of its ability to lead and shape the infrastructure.

An organization's process of reinventing or rethinking its corporate strategy in order to spur business growth, produce value for the firm and its clients, and gain a competitive edge is known as strategic innovation. Organizations need to innovate in this way if they want to keep up with how quickly technology is changing.

A corporation must develop abilities in both basic and applied research, create effective project management procedures, and achieve close integration between its many departments, primarily through the use of cross-functional product development teams, in order to achieve exceptional innovation.

Hence, For an organization to obtain a competitive advantage via superior innovation, it should For an organization to obtain a competitive advantage via superior innovation, it should Produce products with technologies that have not been utilized previously.

To learn more about superior efficiency refer to:

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1. When processing cash payments, the cashier accepts the check and cash payment from the

Tasya [4]

Answer:

That statement is true.

Explanation:

Most companies require this type of procedures to ensure that the employees wouldn't scam the customers during the transaction process.

Restating the total and the total changes allow the guests to conduct a self-calculation for the purchase, ensuring whether the price is suitable to the price tag that provided on the counter. This prevent the employees from giving a higher price to the customers and taking the additional amount for themselves.

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3 years ago

Maricopa's Success scholarship fund receives a gift of $ 165000. The money is invested in stocks, bonds, and CDs. CDs pay 5.75 %

Sergio [31]

Answer:

$ 65,000 were invested in stocks, $ 70,000 were invested in bonds, and $ 30,000 were invested in CDs.

Explanation:

Since Maricopa's Success scholarship fund receives a gift of $ 165000, and the money is invested in stocks, bonds, and CDs, and CDs pay 5.75% interest, bonds pay 5% interest, and stocks pay 6.8% interest, and Maricopa Success invests $ 40000 more in bonds than in CDs, if the annual income from the investments is $ 9645, to determine how much was invested in each account, the following calculation must be performed:

95,000 x 0.068 + 55,000 x 0.05 + 15,000 x 0.0575 = 10,072.5

75,000 x 0.068 + 65,000 x 0.05 + 25,000 x 0.0575 = 9,787.5

70,000 x 0.068 + 67,500 x 0.05 + 27,500 x 0.0575 = 9,716.25

65,000 x 0.068 + 70,000 x 0.05 + 30,000 x 0.0575 = 9,645

Therefore, $ 65,000 were invested in stocks, $ 70,000 were invested in bonds, and $ 30,000 were invested in CDs.

4 0

3 years ago

Liquidity ratios are used to measure a firm's ability to meet its obligations as they come due. Two of the most commonly used li

marshall27 [118]

Answer:

Current Ratio= Current Assets/ Current Liabilities

Explanation:

Current Ratio= Current Assets/ Current Liabilities

The current ratio is an important measure of a company's ability to pay its short term obligations. It is defined as current assets divided by current liabilities.

Current assets are cash and other resources that are expected to be sold or used within one year or the company's operating cycle , whichever is longer. Examples are cash, short term investments , accounts receivable, short term notes receivable, goods for sale ( called merchandise or inventory) and prepaid expenses. Prepaid expenses are usually listed last because they will not be converted to cash ( instead they are used).

Current liabilities are obligations due to be paid or settled within one year of operating cycle, whichever is longer. they are usually settled by paying out current assets such as cash . Current liabilities often include accounts payable , notes payable, wages payable, taxes payable, interest payable and unearned revenues. Also any portion of a long term liability due to be paid within one year or the operating cycle whichever is longer is a current liability.

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3 years ago

One result of earnings management is:a.It brings into question the quality of earningsb.It uses a non-GAAP financial measure to

HACTEHA [7]

Answer:

The correct answer is A. It brings into question the quality of earnings.

Explanation:

It will be taken as management to the action of administering in the most efficient way to that profit that we obtained. When talking about efficiency, it points to the idea that money made up of profit must be spent intelligently.

To understand that not all money from a profit must be spent on personal matters. This does not mean that a certain part is not destined for it, because otherwise there will be no motivation to generate profit on a personal level. That is why it is important to know how to distribute the profit obtained in the most intelligent way possible. For this you only have to allocate 60% (the percentage is estimated the same can vary), to spend the money of a profit on personal expenses. Then one wonders what will happen with the remaining 40% (estimated percentage)? This is where intelligence comes in to manage the profit, this percentage must be used for reinvestment and also to form a contingency fund. This seeks to generate a multiplier effect of the capital earned and also form a "cushion" (savings) for when things are not right.

This type of profit management can be applied either at the company level: where part of the profit is reinvested to grow the business. And in turn it forms a contingency fund for any mishap that can be generated over time.

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3 years ago

The Ritz-Carlton hotel offers restaurants with the finest service, elevators that run smoothly, and a front desk that processes

Ksju [112]

Answer:

The correct answer is C

Explanation:

Operation management is the management who govern or administrate the business practices in order to create or generate the highest level of the efficiency within the organization. It is concerned with the management of the operations of the business. Therefore, the operation management is the one who is responsible for executing the customer benefits like elevators which run smoothly, front desk which processes people quickly.

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3 years ago