1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Hoochie [10]
4 years ago
7

9. Benchmarking is

Business
1 answer:
Ann [662]4 years ago
4 0

Answer:

d. making comparisons to direct attention to why differences in costs exist across companies.

Explanation:

  • A benchmark is a simple comparison or evaluation of the business processes that measure productivity and time and costs.
  • Used to measure the performance using specific indicators like cost, productivity and time per unit also referred to as the best practice of increasing the performance of the company.
  • It has certain stages like the selection of subjects, definition of the process, identification of potential partners and collection of data.
You might be interested in
Aaron is a freshman in college who has not yet decided on his major. He is thinking about majoring in operations management and
malfutka [58]

Answer:

The statements which are most accurate for operations management majors is:

b. acquire skills and knowledge that are valuable to firms in both the manufacturing and service sectors.

Explanation:

It has been mentioned here is that

their is a fisherman named Aaron who had not yet decided about his major. Exploring different job opportunities and majoring in operations management is his thinking of doing in the upcoming days.

So, the statement which is most accurate for the management operations in jobs will be:

b. acquire skills and knowledge that are valuable to firms in both the manufacturing and service sectors.

Operation management: It is a term which is used by various organisations.

It has been used by different firms and all organisations to reach a level of efficiency by carrying out better administration and functions.

7 0
4 years ago
Using the legend provided, classify each of the following statements: Legend A = Tax avoidance E = Tax evasion N = Neither
11111nata11111 [884]

Answer:

A, A, E, E, E.

Explanation:

Tax evasion is an illegal activity in which a person or entity deliberately avoids paying a true tax liability. Those caught evading taxes are generally subject to criminal charges and substantial penalties.

Tax avoidance is the legal usage of the tax regime in a single territory to one's own advantage to reduce the amount of tax that is payable by means that are within the law. Tax sheltering is very similar, although unlike tax avoidance tax sheltering is not necessarily legal.

Sue writes a $707 check for a charitable contribution on December 28, 2013, but does not mail the check to the charitable organization until January 10, 2014. She takes a deduction in 2013.  A - Tax Evasion

Sam decides not to report interest income from a bank because the amount is only $19.75.  A - Tax Evasion

Harry pays property taxes on his home in December 2013 rather than waiting until February 2014.  - E - Tax Avoidance.

Variet switches her investments from taxable corporate bonds to tax-exempt municipal bonds.  E - Tax Avoidance.

Mel encourages his mother to save most of her Social Security benefits so that he will be able to claim her as a dependent. E - Tax Avoidance.

8 0
3 years ago
Which services would a charitable organization provide? Check all that apply. preserving waterways operating a city aquarium ope
Anni [7]

Answer:

preserving waterways

operating a city aquarium

opening an animal shelter

Explanation:

edge 2020

7 0
4 years ago
Vito is the sole shareholder of Vito, Inc. He is also employed by the corporation. On June 30, 2020, Vito borrowed $8,000 from V
otez555 [7]

Answer:

The first loan for $8,000 could fall under the exemption of employer-employee loan. But then after the second is taken, that exemption would no longer apply. A minimum interest of $18,000 x 4% x 6/12 = $360 should be charged.

If the loan is considered a corporation-shareholder loan, then it doesn't qualify for any type of exemption, resulting in interests = ($8,000 x 4% x 6/12) = $160 for 2020

for 2021, interest applied = [($8,000 + $160) x 4%] + ($10,000 x 4% x 6/12) = $326.40 + $360 = $686.40

3 0
3 years ago
a firm in a perfectly competitive industry is producing 1000 units of output and earning revenues of 50000. At that level of out
hram777 [196]

Answer:

Increase quantity to where AC = MC = D=AR=MR

Explanation:

A perfectly competitive market is where there are many firms in the industry producing homogeneous products. There is ease of entry and exit into and out of the market. They are price takers and earn normal profits in the long-run. In order to maximize profits, a firm in a perfectly competitive industry should produce an the quantity where its average cost is equal to marginal cost when AR = MR = D. In other words, when the AC and MC curves intersect with AR = MR = D curve.

<em><u>Please refer diagram</u></em>

The firm is currently producing at a point where AC > MC at quantity 1000. In order to reach AC = MC, the firm has to increase its quantity to Qe. As it increases quantity, although marginal cost increases, average cost falls because now fixed costs are spread over a larger quantity of output.

At Qe, the three curves intersect and is the point where this firm can maximize its revenue (Price = Pe). At a price higher than this, it would lose customers since there are many others producing the same product and customers can easily shift to another.

7 0
3 years ago
Other questions:
  • According to the substitution effect, a decrease in the price of a product leads to an increase in the quantity of the product d
    15·1 answer
  • Jim Moore opens a new savings account. He deposits $12,000 at 12% compounded semiannually. At the start of the fourth year, Jim
    13·1 answer
  • Individuals and organizations can give an unlimited amount of money to
    8·1 answer
  • Japanese tourists come to experience the magic of Disney World and other attractions around Orlando, Florida. These tourists are
    10·1 answer
  • Mrs. and Mr. Strange, who are filing a joint return, have adjusted gross income of $50,000 in 2019. During the tax year, they pa
    5·1 answer
  • Nevin negotiates a deal for the sale of twenty-five acres of farmland to Otis. Nevin promises to hold the offer open in return f
    8·1 answer
  • [Related to Solved Problem​ 3.1B] In​ 2015, the Washington Nationals baseball team signed pitcher Max Scherzer to a contract to
    6·1 answer
  • You’re trying to save to buy a new $180,000 Ferrari. You have $29,000 today that can be invested at your bank. The bank pays 3.6
    8·1 answer
  • What's Target's code of ethics?<br><br><br><br><br> don't give links as answers, thankyou
    5·1 answer
  • Shelby hired lynn, an attorney, to represent her in an employment discrimination case. lynn is a(n) _____ who has a duty to act
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!