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mr_godi [17]
3 years ago
5

PPG Industries, the Pittsburgh-based manufacturer of paints, coatings, optical products, specialty materials, chemicals, glass,

and fiber glass suffered serious failures in 1986 and 1987 when it attempted to diversify its offers. To be more successful, it used a forecasting technique that identifies several possible future strategies. This technique is called _________.A. crowdsourcing
B. scenario analysis
C. competitive intelligence
D. monitoring
Business
1 answer:
Sidana [21]3 years ago
4 0

Answer:

B. Scenario analysis

Explanation:

Just like the name implies, it involves the analysis or description of various possible outcomes/action/events in the future. It is the process of analyzing future event by considering alternative possible outcomes.

It estimates the expected events.

After the failures suffered by PPG, they thought it better to use a technique that predicts possible occurence in order to avoid a repetition of those failures.

You might be interested in
Select cost information for Seacrest Enterprises is as follows: 1,000 units of output 5,000 units of output Total Cost/Unit Tota
gayaneshka [121]

Answer:

c. Utilities expense is a mixed cost and rent expense is a fixed cost.

Explanation:

Seacrest Enterprises

                                        1000 units                       5000 Units

                  Total Cost     Total Cost /Unit     Total Cost       Total Cost/Unit

Direct materials  $5,000               $5.00        $25,000          $5.00

Utilities expense  $1,000                 $1.0 0        $3,750            $0.75

Rent expense        $4,000                    $4.00         $4,000            $0.80

Direct Materials show variable Costs

Utilities expense show mixed costs

Rent Expense show fixed costs

The correct answer is

c. Utilities expense is a mixed cost and rent expense is a fixed cost.

4 0
3 years ago
Give some examples of each of the three ""occasions for decision"" cited by Chester Barnard. Explain in your own words why Barna
Likurg_2 [28]

Answer: The three "occasions for decision" are:

1. From authoritative communications from superiors

2. From cases referred for decision by subordinates

3. From cases originating in the initiative of the executive command

Explanation: Examples of the three "occasions for decision" are:

1. From authoritative communications from superiors: an increase in the annual target of a sales force, passed on from the director to the sales manager.

This type of decision making is usually about the application of an instruction.

2. From cases referred for decision by subordinates: decision to employ branch level staff, whose engagement is within the right of the branch manager  

This occasion for decision shows a lack of authority in subordinates or an inability to be decisive in the subordinate.

3. From cases originating in the initiative of the executive command: the CEO deciding to take his brick and mortar business completely online.

This is a decision that that is totally the product of the executive head's thoughts, it is usually a strategic level decision and opens his authority to criticism.

Chester Barnard believed that this is the most important occasion for decision because the executive head is best placed to make these decisions in the organization. He has the authority as well as resources to ensure that the decision is followed through.

I also agree that this is the most important occasion for decision. While they are difficult decisions, they can determine the direction of an organization.  There is no one better qualified than the executive command to make or initiate these decisions. Also, it is part of their responsibility to make these decisions.

6 0
3 years ago
Now you have to get to work. Your first thought is to have seven members on the team, but management research indicates that sev
prisoha [69]

Now you have to get to work. Your first thought is to have seven members on the team, but management research indicates that seven members would be . It would be better to have people on the team.

In general, it's best to include members of only a single culture when forming virtual teams, since electronic communication is already fraught with misunderstandings.

<h3>What is electronic communication?</h3>

For more than a century, the market for communication electronics radio equipment has been expanding quickly. One of the factors contributing to the rapid expansion in the USA is homeland security. The field of electronics has grown phenomenally since the 1950s, when the "solid state" transistor was created, and the 1960s, when transistor-transistor logic and the IC (integrated circuit) were developed. This is currently evident in the "radio communications" industry. Sending traditional LMR (land-mobile radio) signals over the Internet (Internet Protocol) is the newest craze. This is known as RoIP (Radio over Internet Protocol), which is similar to VoIP (Voice over Internet Protocol) but uses radio instead of voice.

To learn more about electronic communication from the given link:

brainly.com/question/24043670

#SPJ4

7 0
1 year ago
The IMF projects that​ China's real GDP per person will be​ 57,163 yuan in 2017 and​ 60,334 yuan in 2018 and that​ India's real
erica [24]

Answer: India / 11.1years

Explanation:

Per capita income (PCI) or average income measures or calculate the average income earned per person in a given place (country,city, region etc.) in a particular year. It can be calculated by dividing the area's total income or wealth by its total number of population.

India's GDP will increase or double than that of China's, because is has a larger income than that of China.

5 0
3 years ago
The following information came from the income statement of the Wilkens Company at December 31, 2017: sales revenue $1,800,000;
andriy [413]

Answer:

Wilkens' days in inventory for 2017 = 60.833

Explanation:

Given:

Sales = $1,800,000

Beginning inventory = $160,000

Ending inventory = $240,000

Gross profit = $600,000

Inventory turnover = 6 times

Wilkens' days in inventory for 2017 = ?

Computation of Wilkens' days in inventory for 2017:

Wilkens' days in inventory for 2017 = Number of days in a year / Inventory turnover

Wilkens' days in inventory for 2017 = 365 / 6 times

Wilkens' days in inventory for 2017 = 60.833

7 0
3 years ago
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