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Temka [501]
3 years ago
9

_____ is best described as an integrative management field that combines analysis, formulation, and implementation in the quest

for competitive advantage.
A. Supply chain management
B. Integrated technology management
C. Strategic management
D. Inventory management
Business
1 answer:
Orlov [11]3 years ago
8 0

Answer:

Strategic management

Explanation:

Definition:

Strategic management is the identification, selection and implementation of an organisations long term goal and its objectives. It takes into account the concerns and existence of all stakeholders.

Three components of strategic management:

  1. Strategic Analysis - takes into account factors affecting the internal and the external environment of the business.
  2. Strategic Choice - involves the formulation, evaluation and selection of strategic options.
  3. Strategic implementation - involves implementing and monitoring the strategies selected by the business.
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Standard costs are used in companies for a variety of reasons. Which of the following is not one of the benefits of using standa
uranmaximum [27]

Answer:

c. used to indicate where changes in technology and machinery need to be made

Explanation:

Standard Costs are established through past experiences and hence they can be used to control costs, and plan production schedules.

Changes in technology and machinery need to be made is part of perfomance management with a future outlook.

7 0
2 years ago
Read 2 more answers
The organization of 183 countries, all of which have signed treaties to protect intellectual property rights, is known as
nignag [31]
It is known as "World Intellectual Property Organization".

In 1967 the World Intellectual Property Organization was created to encourage and protect intellectual properties. It is also part of United Nation's seventeen specialized agencies. Though it was started with 183 members, overtime the number increased and as of 2016 it had 189 members with headquarters in Switzerland. 
8 0
3 years ago
When something is grown and harvested in the same country it is distributed in, it can be considered what?
Vinvika [58]

Answer:

domestic

Explanation:

In business, domestic refers to the home country of the producer or consumer. The domestic market is the market within the borders of the seller's country.  Domestic contrasts with international, which refers to beyond the borders of a country.

Products that are produced and distributed within the country are domestic products. They are often referred to as local products. Domestic goods become exports if sold outside the borders of their country of origin.

5 0
2 years ago
If an agent injures a third party during the course of employment, to what extent should the employer be held liable? Under what
postnew [5]

Answer:

The employer will be held liable.

Explanation:

If the external agent brings harm or injury to a third party in the course of an employment, the employer is held liable. When a principal directs an agent to commit for a tort or if the principal is aware of the consequences of carrying the instructions of the agent could cause harm or injure the person, then the principal is liable.

It is called direct liability.

The liability for the intentional tort which is imputed to the principal when the agent acts to further the business of the principal.

The agent is personally liable under the following circumstances :

  •   Foreign principal
  • Agent signs the contract in his own name
  • Non-existent principal
  •  Principal cannot be sued:
  • Undisclosed principal

Example :

A credit card company hires a sales person and offers a company van to make sales in that area. The sales person uses the office van to official purposes. But one night, he drove the car to a friend's party and while coming he drove over a pedestrian. In this case, the owner of the company will not be held liable as the sales person uses the company van for his personal use while going out for party with his friends. While causing the accident, the sales person was not not using the office van for official purposes and was not tendering official duties at that time.

3 0
3 years ago
The required volume of output to produce the motors will not require any incremental fixed overhead. Incremental variable overhe
Ludmilka [50]

Answer: Income will increase by $16 per unit

Explanation:

Your question isn't complete but the completed question was gotten online and would be used in answering the question accordingly.

The effect on income if Derby decides to make the motors will be calculated thus:

In-house:

Direct material = 38

Direct labor = 50

Overhead (Incremental) = 21

Total variable cost = 109

Outside:

Cost of supply = 125

Therefore, the income per unit will increase by (125 - 109) = 16.

3 0
3 years ago
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