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AlexFokin [52]
3 years ago
5

Why is it important for managers to pay close attention to their organization’s production system if they wish to be responsive

to their customers?
Business
1 answer:
Marina86 [1]3 years ago
8 0

Explanation:

The production system consists of all integrated activities and operations for the production of goods and services.

Organizational capacity is measured by the set of effective actions of coordination and control of the production system. Therefore, active management of systems monitoring will determine key factors for better meeting consumer demands and needs through continuous improvement in the quality of manufacturing processes, innovations, reduction of waste and unnecessary spending, which enables greater transfer to the customer a product with quality and low cost and represents for the organization gains of competitive and strategic advantages.

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Marcus is a manager of an automobile parts factory. he oversees the process of transforming the raw materials into automobile pa
Vinil7 [7]

Marcus is an operations manager, meaning he works to design and control production and operations involved in making and delivering a product.

4 0
3 years ago
What is the set of official government statistics on aggregate economic activity in production, income, investment and savings?
IrinaK [193]
What is the set of official government statistics on aggregate economic activity in production, income, investment and savings?
4 0
2 years ago
Is a 401 K considered an individual retirement account?.
Natasha_Volkova [10]

No, 401(k) can not be considered as an individual retirement account.

The 401(k) differs from an individual retirement account ((RA) because A 401(k) is created through an individual's employer. Generally, 401(k)s as well as individual retirement accounts include beneficial tax advantages, But where we see a distinction is that the 401(k)s are designed for employers of labor to offer while individual retirement accounts are for Individuals as IRAS give more investment opportunities and 401(k)s gives a higher annual contribution.

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5 0
1 year ago
Baltimore Company uses a job order cost system and applies overhead based on estimated rates. The overhead application rate is b
natta225 [31]

Answer:

WIP 5,040

Factory Overhead 5,040

Explanation:

\frac{Cost\: Of \:Manufacturing \:Overhead}{Cost \:Driver}= Overhead \:Rate

280,000/25,000 = 11.2 per labour hor

Job labour hors x rate = overhead applied

450 x 11.2 = 5,040

We will increase the work in process, because there is no information about the job being complete.

And we will use the factory overhead account to post the applied overhead

6 0
3 years ago
A real estate broker is employed by a buyer, as an agent. When the broker finds a property the buyer might be interested in buyi
Viktor [21]

Answer:

Disclosure.

Explanation:

In this scenario, a real estate broker is employed by a buyer, as an agent. When the broker finds a property the buyer might be interested in buying, the broker is careful to find out as much as possible about the property's owners and why the property is on the market. The broker's efforts to keep the buyer informed of all facts that could affect a transaction is the duty of disclosure. A disclosure is a legally binding agreement between the buyer and seller of a property, wherein the seller highlights all the information or details they know about the property for the purpose of enlightening and informing the buyer. It contains informations such as legal encumbrance, structural flaw, size of property etc.

6 0
3 years ago
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