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zloy xaker [14]
4 years ago
8

Companies benefit today from interfirm cooperation. One of the ways they cooperate is through networking. Another way is by seek

ing technological knowledge and new processes from exemplary firms sometimes outside their own industries. This is called
Business
2 answers:
Genrish500 [490]4 years ago
8 0

Answer:

Seeking technological knowledge and new processes from exemplary firms sometimes outside their own industries is called <u>Generic Benchmarking</u>

Explanation:

Benchmarking is a word that is synonymous with "standard".  It is a yardstick used to improve performance and processes as well as create new standards.

there are four types of benchmarking. they include

  1. internal benchmarking
  2. competitive benchmarking
  3. functional benchmarking
  4. generic benchmarking

The type that suits the question is generic benchmarking .

Generic benchmarking seeks technical knowledge from unrelated business   and new processes or functions that can be practiced in the same or similar ways regardless of the industry.

Generic Benchmarking will highlight method of comparing the performance and processes of organizations in unrelated industries.

Gnoma [55]4 years ago
4 0

Answer:

Benchmarking.

Explanation:

Benchmarking is the process by which a company compares it's processes with best practices of other companies with an aim of maintaining industry best standards in operating.

The four types of benchmarking are internal, competitive, functional and generic.

So companies by seeking technological knowledge and new processes from exemplary firms sometimes outside their own industries are engaging in benchmarking.

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Which of the following is a result of unemployment that is very low? a. The few people who are unemployed stop looking for jobs.
hammer [34]

Answer:

Option "C"  is correct.

Explanation:

Option "c" is correct because companies are facing difficulties in the recruitment of workers which exhibits that few workers are available in the market. That means the company does not have enough options regarding the workers so it finds difficulty in the recruitment. Moreover, the availability of few workers means unemployment is very low.

6 0
3 years ago
Watauga Office Supply paid state unemployment taxes of $168.00. What is the entry to journalize the payment of the unemployment
alisha [4.7K]

Answer:

State unemployment tax payable A/c Dr $168

         To Cash A/c $168

(Being state unemployment taxes are paid for cash)

Explanation:

The journal entry to record the payment of the unemployment taxes is shown below:

State unemployment tax payable A/c Dr $168

         To Cash A/c $168

(Being state unemployment taxes are paid for cash)

For recording this transaction, we debited the State unemployment tax payable as it increase the liability and cash account should be credited as it reduce the current assets

7 0
4 years ago
Outlines are effective because they
storchak [24]
An outline<span> is like a map showing the best path. ... wants to present -- arranged in the order the writer thinks will be most </span>effective<span>. ... Then they write the </span>outline<span>, to see if one paragraph leads smoothly to the next, or if they've left something out. .... They are useful </span>because they<span>: help the writer organize their thoughts before ... your answer is in this paragraph </span>
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4 years ago
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When a single broker represents both parties in a real estate transaction, a _______ agency may exist.
Nataliya [291]

Answer:

Dual

Explanation:

real estate transaction,which is used to convey ownership of a particular property to the buyer whereby there is a mutual agreement on some terms. The contract may be long it in shirt time.the end process is usually reffered to as “closing,” and this is a term that explains that both parties need to fulfill all terms and conditions that is associated with the exchange.

It should be noted that When a single broker represents both parties in a real estate transaction, a dual agency may exist.

7 0
3 years ago
Concepts like value and relationship marketing are important in designing a marketing program because such a program is what con
Andre45 [30]

Answer:

<em>Concepts like value and relationship marketing are important in designing a marketing program because such a program is what connects an organization to </em><em><u>it's costumer</u></em>

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3 years ago
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