Brand repositioning is when a company changes their status in the marketplace. Like changes to the marketing mix including product, price, location, and promotion. Repositioning happens to fulfill consumer wants and needs
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Answer:
Managers, in today's work environment, rely less on <u>autocratic</u> and more on <u>empowering</u> leadership.
Explanation:
Managers rely less on autocratic because they rather empower people to do things.
Answer:
$3,000 understated
Explanation:
The computation of the working capital in case of no correcting entries made is shown below:
= Depreciation Expense for 2020 - depreciation expense for year 2021 - ending inventory for 2021
= $18,000 - $6,000 - $9,000
= $3,000 understated
While there is no additional errors occurred and no correcting entries passed so in this the $3,000 is understated by above calculation
Answer: B. to provide information to managers for constant improvement in cost efficiency and quality.
Explanation: Lean accounting is the collection of principles and processes that provide numerical feedback for manufacturers implementing lean manufacturing and lean inventory practices.
The purpose of Lean Accounting is to provide vital operational and financial information in a way that motivates lean transformation and improvement.