Answer:
The correct option is A, insourcing
Explanation:
Insourcing refers to the processes of developing competences,skills and capabilities within the organization rather placing core functions in the hands of external firm by using employees of the company.
Even though insourcing is more expensive in short-term but it is cheaper overall than outsourcing in the long-run.
Outsouring is contracting tasks to outside firms that are known as experts in their respective fields of human endeavors.
Benchmarking is about comparing processes within the organization with similar firms modes of operations in order to identify best practice
Answer:
Management, Operations, Marketing, Accounting, Finance
Explanation:
-Management: planning and knowing your business resources to achieve it's goals
-Operations: The transformation of resources into goods/products, making sure the goods are high quality
-Marketing: Identifies customer's needs, develop and decide the price and quality of products
-Accounting: financial and managerial information. Accountants work to communicate finance information to managers
-Finance: Obtaining and managing a companies funds. Who gets/needs money, and how much do they get
Answer:
Explanation:
Considering the listed options, the criteria used in conditional formatting are Less than, Equal to and Greater than
To make use of conditional formatting, follow the highlighted steps
1. Highlight cells that you want to format
2. Goto Home tab -> Styles -> then select Conditional Format
3. Select Highlight Cells Rules
4. Select the format type (this is where you get to pick either of greater than, equal to less than, etc.)
5. Enter the format value and how it is to be formatted
6. Press OK
Answer:
Kurt will have a smaller account value than Jeff will
Explanation:
The formula for calculating future value = A (B / r)
B = [(1 + r)^n] - 1
Jeff : $3000 x [(1.05^3 - 1 ) / 0.05] = $9457.50
Kurt :$3000 x [(1.03^3 - 1 ) / 0.03] = $9272.70
Jeff would have a higher account value than Kurt
