Answer:
Strategic conversation
Explanation:
The above scenario exemplifies a strategic conversation. The strategic conversation is all about deliberating the company's vision and mission. In the bigger picture, managers and CEO's usually interact quarterly or once a year to discuss and explore different strategies in order to improve the company's operations. Strategic conversations are important because they help to identify problems and their remedial solutions.
B. False. More real-world, relevant and important ideas to keep in mind when shopping for shoes and clothes are the associated quality of the manufacturer, which could be a brand name. Also, of utmost importance is the overall quality of the product with relation to its cost. The size of the item is also important. Do not buy an overpriced item, that does not fit properly and is made of cheap materials that quickly break.
It is important trait to have as an entrepreneur, because you have to have different perceptive's of the type of people you are selling to. As in you just can't have one persons point of view.
Answer:
a. product platform
Explanation:
Product platform -
It refers the process of designing , where all the parts of the goods or services have some common element in common , is referred to as product platform .
The method is used to -
- increases the process of developing new products ,
- reduce the cost of development ,
- a single element acts as a identification for the product .
Hence , from the given scenario of the question ,
The correct option is a. product platform .
Answer:
Production department $440,000
Sales department $143,000
Explanation:
The allocation of the total cost to the operating departments is proportional to the number of employees. In other words, as the number of employees increases, so does the allocated cost and vice versa.
Hence,
Cost allocated to the production department
= 40/(40 + 13) × $583,000
= 40/53 × $583,000
= $440,000
Cost allocated to the sales department
= 13/(40 + 13) × $583,000
= 13/53 × $583,000
= $143,000