Answer: b. Access to additional knowledge and expertise.
Explanation:
One of the advantages of opening a limited company be it private or public, is the additional knowledge that the other shareholders would bring on board.
In the case of a private company, the new shareholders would be from various backgrounds and would have knowledge on how to grow the business and in the case of a public company, the Board of Directors are usually drawn from various industries and so will put their experience from those industries into the company thereby giving it an edge.
Answer: im not sure don't use my answer.
Explanation: CAHS CASH CASH
Answer:
Need to accommodate the growth of a key customer.
Explanation:
In the given scenarios Katlyn is motivated to keep her company growing because her most important customer is a company that is growing at a rate of 33% per year.
To satisfy the customer needs for specialised components of aerospace equipment, Katlyn's company must also grow in output or they will not be able to satisfy the customer's need.
This demonstrates need to accommodate the growth of a key customer.
Answer:
Product development
Explanation:
A manufacturer tests, modifies, and retests an original idea several times before offering it to the consumer. This process is called product development.
A product life cycle can be defined as the stages or phases that a particular product passes through, from the period it was introduced into the market to the period when it is eventually removed from the market.
Generally, there are four (4) stages in the product-life cycle;
1. Introduction.
2. Growth.
3. Maturity.
4. Decline.
Answer:
rocesses often producea high variety of products/services and high-volume operations processes often produce a narrow variety of products/services. The design of any process should be governed by the volume and variety it is required to produce. Depending on those factors, processes will changeExplanation:
