Answer:
e. adoption of best practices, TQM, and business process reengineering
Explanation:
To promote operational excellence in the execution of value chain activities, the most appropriate tools to be implemented in an organization are the adoption of best practices, TQM and business process reengineering.
Total quality management refers to the continuous improvement of all operational processes, in order to reduce costs, failures, and waste, leading to the implementation, control and review of all organizational processes, including the adoption of advanced technology, adequate training for employees, etc.
Business process reengineering would also help the organization reevaluate its value chain and implement improvements that would increase the performance and functionality of each essential step in the value chain.
Therefore, these integrated tools would ensure continuous optimization at all stages of the value chain, which would mean for the company the effectiveness of the channels and activities for the company to produce the right product, in the right quantity, in the right place and at the right time.
<span>The answer is "curiosity".
Bezos is supporting scott berkun's "curiosity" seeds of innovation.
The curiosity seed of advancement says that developments can start when individuals are interested and curious about something important to them, which prompts experimentation and creativity.
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Property tax would be an example of making profit from selling a house
Answer:
The present value of our winnings will be 31,047,748
Explanation:
We know that we will be paid in equal payments during 8 years which means that there will be no lump sum payment in the end which means the future value of the lottery is 0. We know the payments are 6,250,000, the interest rate is 12% and the number of years are 8. We can input this information in a financial calculator to find the present value of the winnings.
FV=0
PMT= 6,250,000
I=12
N=8
Compute PV= 31,047,748
Answer:
$-120
Explanation:
Own Price elasticity of demand measures the responsiveness of quantity demanded to changes in price of the good.
Price elasticity of demand = percentage change in quantity demanded / percentage change in price
-3 = percentage change in quantity demanded / 2%
percentage change in quantity demanded = --3 x 2% = -6%
The quantity demanded of good X would fall by 6%
Revenue would change by -0.06 x $50,000 = -$3000
Cross price elasticity of demand measures the responsiveness of quantity demanded of good Y to changes in price of good X.
1.6 = percentage change in quantity demanded of good Y / 2%
percentage change in quantity demanded of good Y = 1.6 x 2% = 3.2%
The quantity demanded of good Y would increase by 3.2%
Revenue would change by 0.032 x $90,000 = $2880
Total change = -$3000 + $2880 =-$120