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Thepotemich [5.8K]
3 years ago
7

A new opportunity arises for Quixote Metal Supply just before the holidays. A Request for Proposals (RFP) is distributed by the

government seeking metal suppliers to fill a vacancy in the supply chain to build x-ray machines for airports across the country. The RFP due date is in two weeks. Half of the decision-making team is out for the holidays. Quixote has less than a week to determine whether or not to take on this potentially lucrative challenge.
Which strategy would be most effective in this situation?
a minority decision
Business
1 answer:
kvasek [131]3 years ago
7 0

Answer:

The correct answer is The minority decision  theory.

Explanation:

In this case, a meeting should be held in order to consider the opinions of the people potentially involved in the new project, since they know aspects of the work and can give better feedback to the management of the company. Considering that only half of the workforce is working, the decision they make will be a minority one, since it only includes a part of the employees who must decide for everyone in general.

You might be interested in
Fern motors is offering a rebate on cars purchased this month. this activity involves the ____ ingredient of the marketing mix.
saveliy_v [14]

Answer:

Pricing

Explanation:

4 ingredients of marketing mix are Pricing, Product, Place and Promotion(the 4Ps).

Pricing-  is for determining the value that is put on a product including rebates. Deciding the correct intrinsic value of a product puts a lot of factors into consideration like the target market, the consumer willingness to pay, whether it is sufficient enough for the company to make a profit out of it.

Product - answers the <em>what</em>; the actually good or service being offered for sale.

Place- answers the <em>where; </em>the location of product so customers can buy it.

Promotion- any activities to inform the target market that the product exist, how to use it etc. this includes advertisement, word of mouth among others.

6 0
3 years ago
an organization that seeks to operate efficiently and effectively to achieve its goals without focusing on profit as a motive
Likurg_2 [28]

Answer: A non profit organization

Explanation: A non profit organization is an establishment created to perform efficiently and effectively, without necessarily making profit as its aim.

They most times function in the area of humanitarian needs, health and medicine, financially empowering the unemployed in communities.

The non profit organization are most times sponsored by government of nations, international bodies ( such as UN, WHO, UNESCO).

6 0
3 years ago
Lake Company recorded the following data for the month of January 20xx: Inventories January 1, 20xx January 31, 20xx Direct Mate
Allisa [31]

Answer:

A.Materials consumed in January = $31,000

B.Total Manufacturing Overhead Costs = $83,000

C. Cost of Goods Manufactured = $157,000

Explanation:

Direct Material $24,000 $23,000

Work in Process 18,000 15,000

Finished Goods 22,000 27,000

Net Sales Revenue $325,000

Direct Labour Costs 40,000

Indirect Labour Costs 45,000

Sales Commissions 15,000

Administrative Expenses 18,000

Direct Materials Purchased during January 30,000

Depreciation, factory 10,000

Factory Maintenance and Supplies 8,000

Utilities, (80% factory , 20% office) 25,000

General Office Salaries 12,000

A. Amount of direct materials used in January

Opening Direct Material $24,000

Add Purchased Direct Material $30,000

Less Closing Direct Materials $23,000

Materials consumed in January = $31,000

B. Manufacturing Overhead Costs:

Indirect Labour Costs 45,000

Depreciation, factory 10,000

Factory Maintenance and Supplies 8,000

Utilities, (80% factory) 20,000

Total Manufacturing Overhead Costs = $83,000

C. Cost of Goods Manufactured

Cost of Direct Materials Consumed = $31,000

Add :

Opening Work in Process $18,000

Less Closing Work in Process $15,000

Transfer to Finished Goods $3,000

Add Direct Labor Costs $40,000

Add Manufacturing Overhead Costs $83,000

Cost of Goods Manufactured = $157,000

4 0
2 years ago
A metal-cutting operation has a target value of 20 and consistently averages 19.8 with a standard deviation of 0.5. The design e
aniked [119]

Answer:

process capability  index =  Cpl ( lower ) = 1.20 ( A )

The process capability ratio = 1.33

Explanation:

Target value = 20

mean = 19.8

standard deviation = 0.5

upper specification limit = 22

lower specification limit = 18

The process capability index =

Cpu = \frac{22- 18}{6(0.5)}   = 4 / 3 = 1.33

Cpk ( upper ) = (22 - mean ) / 3 * std

                      = ( 22 - 19.8 ) / ( 3 * 0.5 ) = 2.2 / 1.5 = 1.47

Cpl ( lower ) = ( mean - 18 ) / ( 3 * 0.5 ) = ( 19.8 - 18 ) / 1.5

                    = 1.8 / 1.5 =  1.2

hence the process capability index is Capability index with the minimum value which is Cpl ( lower ) = 1.20 ( A )

The process capability ratio = 1.33 refer to Cpu equation

                             

7 0
2 years ago
What are considered part of a country’s infrastructure?
Kazeer [188]
Infrastructure are buildings and facilities that support and serve the society. (Electric grids, sewer systems, roads, airports, railroads, etc.)
5 0
3 years ago
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