Answer:
The correct answer is B
Explanation:
ERP stands for Enterprise Resource Planning is the process that is used by the companies in order to integrate and manage the vital parts of their businesses.
It is a software system which also integrate sales, human resources, purchasing inventory and finance. It provides the advantage of creating or establishing the commonality of the database.
Answer:
a. Self-managing teams are highly involved in decision making
Explanation:
Option A validates Richards argument
A self-managed team is a group of employees responsible and accountable for all or most aspects of producing a product or delivering a service. Self managed teams can work without being supervised. Therefore they are highly involved in decision making. Such teams are important due to the motivation they give to employees to take ownership. When these employees are allowed to make decisions, they enter a new level of engagement and participation.
Answer:
Business Continuation Plan
Explanation:
Business Continuation plan is a form of agreement developed by partners of a business whereby in a case when one partner dies or is permanently disabled in such a way he/she becomes ineffective, the other partner would buy out the interest of the deceased or permanently disabled at s already predetermined price.
In general business Continuation plan guides against potential threats to a company. It ensures personnel and asset are protective and able function quickly in the case of disaster. In this situation, the potential threat against the company is the death of a partner and the method used in protecting the company is by fixing a price for a partner to by the other partner's interest should in case one dies.
Answer: Please refer to Explanation
Explanation:
The Grapefruit market will experience an acute shortage of grapefruits because the bad freeze destroyed most of the crop that was going to be supplied.
This shortage in supply will force the price up and therefore lead to a drop in Demand as a lot of people will decide that they can't spend the new amount.
This scenario would lead to an increase in the Equilibrium price because the supply curve will be forced to the left and the new intersect with the Supply curve will be higher. The Equilibrium Quantity will also reduce because of the shortage that is being experienced as a result of a large portion of the grapefruits being destroyed.
In the graph I attached, S2 refers to the supply curve AFTER the bad freezes. Notice how the price went up to P2 and the Quantity dropped to Q2.
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