Answer:
The president of Riggs has missed something.
She should make the Sail instead of buying because its cheaper to manufacture than purchasing it outside.
Explanation:
<u>Cost of Manufacturing the Sails:</u>
Direct materials $93
Direct Labor $83
Total $173
The president of Riggs has included the $90 overhead based on $78,000 of annual fixed overhead that is allocated using normal capacity in the cost of manufacturing the sail which is incorrect.
Riggs Company is operating at 80 % of full capacity, hence utelizing the 20% excess capacity would not expand its fixed costs.
Thus said the current fixed cost are irrelevent for this decison and would be incurred whether or not Riggs Company utilizes the excess capacity
<u>Conclusion:</u>
The cost of making the sail is $173 which is lower than the cost of buying them at $ 258.
I would advise The president of Riggs to make the sail by utilizing the excess capacity since its cheaper than purchasing it outside.
(C) Business process reengineering (BPR) is the analysis and redesign of workflow within and between enterprises.
<h3>
What is Business process reengineering
(BPR)?</h3>
- Business process re-engineering (BPR) is an early 1990s business management method that focuses on the analysis and design of workflows and business processes within a company.
- BPR seeks to assist firms in fundamentally rethinking how they do business in order to improve customer experience, reduce operational costs, and compete on a global scale.
- BPR aims to assist businesses in significantly restructuring their organizations by focusing on the design of their business processes from the ground up.
- A business process, according to early BPR proponent Thomas H. Davenport (1990), is a sequence of logically related operations executed to produce a specific business objective.
Therefore, (C) business process reengineering (BPR) is the analysis and redesign of workflow within and between enterprises.
Know more about Business process reengineering here:
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Complete question:
__________ is the analysis and redesign of workflow within and between enterprises.
Multiple Choice
(A) Critical success factors (CSFs)
(B) Benchmarking metrics
(C) Business process reengineering (BPR)
(D) Decision support interfaces (DSI)
Stockholders, employees and environmentalists are examples of stakeholders whose interests and needs often conflict.
<h3>Who is a
stakeholder?</h3>
A stakeholder can be defined as an independent individual, organization or social group that has an interest in a particular business organization (company), and as such they can either affect or be affected by the decisions taken in the business.
This ultimately implies that, stockholders, employees, investors, and environmentalists are examples of stakeholders whose interests and needs often conflict.
Read more on stakeholders here: brainly.com/question/15532995
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Answer:
The correct answer is letter "B": Cultural similarities.
Explanation:
Cultural similarities refer to customs and special terms that for one region or country are widely accepted but not for others. Those actions or phrases could be exactly the same but carry a different or even negative meaning in different places. This is not limited to actions and terms used in day-to-day activities but also under formal circumstances.
