The correct option is (b) process.
When developing a logistics strategy, a <u>process</u> strategy refers to the management of logistics activities with a focus on costs.
<h3>What is process strategy?</h3>
The establishment and recording of the procedures that a company uses to accomplish its objectives is known as process strategy. A number of processes could be automated, eliminating the need for last-minute judgment calls, management referrals, and in certain situations human involvement altogether.
The four process strategies are mass customization, repetition focus, process focus, and product focus. Process emphasis is about specialization, whereas product focus is about mass output.
<h3>How do you create a process strategy?</h3>
Steps in the strategic planning process
- Choose your strategic stance. The basis for all subsequent work is laid during this preparation stage.
- Set goals in order of importance.
- Create a plan.
- Manage and carry out the plan.
- Examine and update the plan.
To know more about strategy making, visit: brainly.com/question/14310801
#SPJ4
The complete question is:
“When developing logistics strategy, a ____ strategy refers to the management of logistics activities with a focus on costs.
a. market
b. process
c. command and control
d. information”
There is an increase in demand.
Explanation:
We all know that a Change in the price of the good results in the movement along the same demand curve.
- <u>A rightward shift </u><u>in demand(i.e from D to D1</u>) would <u>increase the quantity demanded at all prices</u> compared to the original demand curve.Thus we can say that there is an increase in demand.
- On the other hand a <u>left shift </u>indicates<u> decrease in demand</u>.
The break-even point is the sales level at which the total sales revenue is the same as the total costs.
What is break-even point?
The break-even point for any company is the point at which its total sales revenue is the same as its total costs( i.e. total variable costs plus overheads).
At the break-even point. the firm in question makes neither gain nor loss, in that it is only able to recover all of its costs, which is an indication that the business would soon be able to make profits because it has been able to move the point of losses to the point zero profit.
It is incorrect to calculate break-even point as costs of goods being equal other expenses, the revenue has not been considered.
Also, when total sales is the same fixed costs, only fixed costs have been recovered, the variable costs are still outstanding, the same applies to the situation where the total sales is the same as the variable costs, the fixed costs have also not been recovered.
Overall, at breakeven point, total sales equate total costs, all costs, hence, the option(a) is correct.
Read more on break-even point on:brainly.com/question/9212451
#SPJ1
Answer:
I think that the answer would be 0.75. But I need to know what options you have to answer with
Explanation:
:)
Answer:
$5,000 billion
Explanation:
We know that
Government spending multiplier = 1 ÷ (1 - marginal propensity to consume)
Government spending multiplier = 1 ÷ (1 - 0.50)
Government spending multiplier = 1 ÷ 0.50
So, Government spending multiplier = 2
If the output is increased by $10,000 billion then, the government spending would rise by
= Output ÷ Government spending multiplier
= $10,000 ÷ 2
= $5,000 billion
