If an organization wanted to improve employee involvement, efficiency, and customer satisfaction, the kind of analysis they might conduct is <u>Workflow analysis.</u>
<h3>What is workflow analysis?</h3>
Workflow analysis can be defined as the process of assessing an employee workflow so as to know their performance and to as well improve the employee efficiency leading to work productivity.
Companies tend to make use of workflow analysis so as to eliminate the work inefficiencies and improve efficiency.
Therefore If an organization wanted to improve employee involvement, efficiency, and customer satisfaction, the kind of analysis they might conduct is <u>Workflow analysis.</u>
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Answer:
move along upwards
shift out
shift in
Explanation:
A change in price of a good leads to a movement along the supply curve and not a shift of the supply curve.
Other factors other than a change in the price of the good would lead to a shift of the supply curve. Such factors include :
- A change in the price of input
- A change in the number of suppliers
- Government regulations
When the price of corn increases, the quantity supplied of corn increases. this is in line with the law of supply.
according to the law of supply, the higher the price, the higher the quantity supplied and the lower the price, the lower the quantity supplied.
This would lead to a movement up along the supply curve
If the price of seed which is an input to corn decreases, it becomes cheaper to produce corn. As a result, the supply of corn would increase. this would lead to an outward shift of the supply curve.
If the number of grocery stores decreases, there would be a reduction in supply. As a result, the supply curve would shift inwards
Answer:
Vanessa’s <u>task-oriented</u> leadership behavior is likely to be <u>ineffective</u> because <u>l</u><u>ow position power</u> <u>neutralizes</u> this leadership behavior.
Explanation:
Vanessa is a newcomer to a company, with less time and acting experience than her staff, so her leadership behavior will be offset by her low position power. This occurs when an employee's hierarchical position does not allow certain actions, so Vanessa's actions would be neutralized and ineffective, having no impact on decision making.
Answer:
Available options are:
A) Substantial capital investment and access to capital
B) Strong marketing capability
C) Reputation for high ethical standards.
D) Effective product engineering and innovative design
Answer: A) Substantial capital investment and access to capital
Explanation:
In business strategy, COST LEADERSHIP is establishing a competitive advantage by having the lowest cost of operation in the industry. Cost leadership is often driven by company efficiency, size, scale, scope and cumulative experience (learning curve). ... If so, that company would have a higher than average profitability.
A cost leadership strategy is a company’s plan to become a cost leader in its category or market.
Substantial capital investment and access to capital is a very reliable resources for implementing a cost leadership strategy.
Answer:
Average rate of return= 10.17
%
Geometric return = 9.23%
Explanation:
<em>Geometric average return</em>
This is compounded annual rate of return which is used to measure the performance of an asset over a certain number of years. It helps to measure the return generated by an investment taking into account the volatility .
Unlike the arithmetic average the geometric average gives an idea of the real rate taking into account of volatility
The formula below
Geometric Return =(1+r1) (1+r2) ...... (1+rn)^1/n
Geometric Average return =
(1.12× 1.19× 1.21× 0.88× 1.26× 0.95)^(1/6) - 1 =0.09233168
Geometric return =0.0923
× 100= 9.23%
Geometric return = 9.23%
Average rate of return
<em>The average return is the sum of the returns over the years dividend by the Numbers of returns</em>
Average return = sum of return / No of returns
(12% + 19% + 21% + (12%) + 26% + (5%))/6 =10.17
%
Average rate of return= 10.17
%
Geometric return = 9.23%
