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3 years ago

With manufacturing as the company's core strength, how will you develop a customer focus

1 answer:

3 0

* design competitive positions and strategies that capitalize on corporate strength. * unify the company across business unit and fuctional units, improve the transfer of knowledge and akill amongs them. * help employee understand management priorities. * integrate the use of technologies in carrying out the business process. * decide where to allocate resources. * invent new market and quickly enter emerging market. * enhance image and build customer loyalty.

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Suppose, you have $20,000 in your account. You receive a monthly

Setler [38]

Answer:

According to the data provided the opportunity costs is detailed below:

Initial Balance $20,000

Monthly interst $200

Investment $500

________________________

The Opportunity cost is $500

Explanation:

The opportunity cost is the price you pay for not choosing best second alternative when you make a decision. In this case the person has three options:

1. Spending the money

2. Save the money

3. Invest the money

Once the money is spent the opportunity costs is generated and it is measured by the interest rate lost for not keeping the money in the investment that will generate an interest rate of $500 monthly.

3 0

4 years ago

What retirement plans rely on the power of compound

Julli [10]

The plans are that when you retire they would put your money in your accont give you a medical plan and split things equaly wend you die but they would split it up to your wife and kids plz mark brainliest and give thans

5 0

4 years ago

Debby was the only one in her team who was not informed about some major changes made in the management. Apart from that, she is

Hunter-Best [27]

Answer:

c. Individual

Explanation:

Debby in presenting her complaint before the authorities should categorise it under individual complaint because she was the only person not old about the major changes made by management.

She will also report the negative bias she is noticing. Negative bias is the tendency for people to pay more attention to negative occurrences than positive ones. So if she has noticed signs of negative bias it should against her person.

5 0

3 years ago

Read 2 more answers

Larry Ellison starts a company that manufactures high-end custom leather bags. He hires two employees. Each employee only begins

Degger [83]

Answer:

12.55 days

Explanation:

Provided information

Number of employees 2

Average production time=1.8 days

Standard deviation=2.7 days

Inter-arrival time= 1 day

Coefficient of variation= 1 day

Standard deviation of inter-arrival time= 1 day

The coefficient of variations

Inter-arrival coefficient of variation

$C_{vi}=\frac {\sigma}{T}$ where $\sigma$ is standard deviation of inter-arrival time, T is inter-arrival time and $C_v$ is coefficient of variation of inter-arrival time

$C_{vi}=\frac {1 day}{1 day}=1$

Production time coefficient of variation

$C_{vp}=\frac {2.7}{1.8}=1.5$

Total utilization time

$U=\frac {T}{n*T_i}$ where T is the time of production, n is number of employees, U is utilization, $T_i$ is inter-arrival time

$U=\frac {1.8}{2*1}=0.9$

Therefore, utilization time by 2 employees is 0.9

Expected average waiting time

$T_e=(\frac {T}{n*T_i})*0.5(C_{vi}^{2}+C_{vp}^{2})*(\frac{U^{\sqrt{2(n+1)}-1}}{1-U})$

Where $T_e$ is expected average waiting time and the other symbols as already defined

Substituting 1.5 for $C_{vp}$ , 1 for $C_{vi}$ , 0.9 for U, 2 for n, 1 for $T_i$ and 1.8 for T

$T_e=(\frac {1.8}{2*1})*0.5(1^{2}+1.5^{2})*(\frac{0.9^{\sqrt{2(2+1)}-1}}{1-0.9})$

$T_e=0.9*1.625*8.583709=12.55367 days$ and rounding off to 2 decimal places we obtain 12.55 days

Therefore, expected duration between order received and beginning of production is approximately 12.55 days

7 0

3 years ago

Which of the following agricultural programs will result in the smallest deadweight loss assuming farmers receive the same level

Vedmedyk [2.9K]

Answer:

C, Paying money to farmers directly

Explanation:

Deadweight loss is defined as a loss in the economic efficiency that occurs when the market equilibrium for a good or service is not met/acheived/attained.

It can also be called excess burden or inefficiency of allocations.

From the question, the smallest dead weight loss will be to pay money directly to farmers as this will try to create almost an equilibrium for the goods produced by the farmers. Paying money directly to farmers will also ensure that the prices of goods and services are agreeable and of benefit to both the farmers, consumers/buyers and the government as well.

Cheers.

4 0

3 years ago