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TEA [102]
3 years ago
7

Techup inc., a manufacturer of computer chips, hires an external specialist agency to perform background checks of its new emplo

yees. by doing this, techup ensures quality service and saves both time and labor costs. this scenario illustrates the concept of _____.
Business
1 answer:
OleMash [197]3 years ago
6 0
<span>This scenario illustrates the concept of "outsourcing".
</span>
Outsourcing (likewise in some cases alluded to as "contracting out") is a business practice which is utilized by organizations and companies to decrease costs or enhance effectiveness by moving undertakings, tasks, occupations or procedures to an outside contracted third party for a specific time frame. The functions that are contracted out by the outsider or third party can be performed either on location or offsite of the work.
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Assume that Swiss investors have francs available to invest in securities, and they initially view U.S. and British interest rat
Salsk061 [2.6K]

The increase in US interest rates relative to the British interest rate would cause the Swiss demand for dollars to increase and the dollar will appreciate against the Swiss franc.

<h3>Why would the demand for dollars increase and the dollar appreciate?</h3>

When the interest rates of the US increases relative to that of the Britain, investors would earn a higher rate of return relative to that of Britain. As a result, investors would prefer to invest in the US.

When there is an increase in the demand for the US dollars relative to the Swiss franc, the US dollars would appreciate.

To learn more about interest rates, please check: brainly.com/question/26164549

8 0
2 years ago
The main reason price ceilings are set is so that consumer prices
shepuryov [24]

Answer:

The main reason for imposing price ceilings is to protect the interests of the consumers in situations in which they are not able to afford needed commodities.

Explanation:

3 0
2 years ago
We have said that strategic management is an evolution and a destination. What does this mean? Discuss in detail
damaskus [11]

Explanation:

Strategic management is an evolution and a destination due to the fact that the organizational strategy is developed in pursuit of objectives and goals. This means that action plans for achieving goals can be changed according to internal or external interference.

A company's strategy is not inert, so strategic management will be carried out according to the market situation, the internal environment and other variables, so that there is monitoring, organization and strategic coordination of the company according to its environment.

4 0
3 years ago
If Dennis can pay a police officer off so that he does not get a speeding ticket, he is most likely in what type of culture?
Ghella [55]
What are the answer choices
3 0
3 years ago
Read 2 more answers
Methods analysis is particularly valuable when it is used on jobs that: (I) are high in labor content. (II) are done frequently.
ycow [4]

Answer:

B. I, II, and IV only

Explanation:

Job specialization can be defined as a strategic process which typically involves the ability of employees working in an organization to develop specific skills, knowledge, great expertise or professionalism and experience to perform their duties, tasks or job functions effectively and efficiently.

In order to gain the requisite skills, expertise and knowledge for job specialization, it is very important for the employees to have undergone an extensive training and a good number of years in work experience.

The primary purpose of job specialization is to increase efficiency and productivity because the employees are able to specialize in the use of specific tools (equipments) to accomplish their tasks, as well as limit the level of error or mistakes in the production process.

In Business management, method analysis can be defined as the study of the detailed process for the performance of a job i.e how a job is done. Thus, method analysis gives a detailed report on the tasks involved in the performance of a job and how they are to be done.

Basically, methods analysis is particularly valuable when it is used on jobs that:

1. Are high in labor content.

2. Are done frequently.

3. Are unsafe, tiring, unpleasant, and/or noisy.

3 0
3 years ago
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