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oksian1 [2.3K]
3 years ago
14

It is the goal of the managers at Trevor's company to rework the production line so that it produces as many automobile parts as

quickly as possible with its current workforce. This is an example of improving _____ to gain competitive advantage.
Business
2 answers:
lutik1710 [3]3 years ago
7 0

Answer:

This is an example of improving <em>efficiency </em>to gain competitive advantage.

Explanation:

Efficiency is one of the 2 signs (the other is <em>effectiveness</em>) for managers which determines how efficient the company is operating or are they doing things right?

Since the managers at Trevor's company are trying to produce max output with the same workers by restructuring the whole production process this implies that:

  1. They don't want to incur high cost by employing further employees but trying to manage the scenario with what they have.
  2. They are aiming to be faster than other companies.  

This will in result help them in getting the <em>competitive advantage</em> (Operating at higher level in one or more functions relative to other companies).

raketka [301]3 years ago
5 0

Answer:

management strategy

Explanation:

By improving the companies management strategy the the manager in trevor's company would be able to gain competitive advantages and also achieve the companies objectives with the required resources.

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Answer: calculated by dividing total liabilities by net worth.

Explanation:

The debt to equity ratio is used to know how credit worthy a company is. This is gotten by dividing the total liability of a company by the equity of the shareholder.

It should be noted that the debt t equity ratio isn't gotten dividing your assets by liabilities. Therefore, based on the information given above, the answer is A.

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2 years ago
Kab works hand-in-hand with the usda people's garden initiative, which:
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3 years ago
The Maryville Construction Company occupies 105,800 square feet for construction of mobile homes. There are two manufacturing de
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Answer:

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Explanation:

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Using this formula

Rent =Area used by Assembly department / Total Area used by Manufacturing Departments x Total Rent paid

Let plug in the formula

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