The said scenario is an example of one performing a Root Cause Analysis. And this analysis requires five steps:1. Determine what is the problem. This process involves you to know what is the problem and the symptoms that the problem causes.2. Data-gathering. The next process requires you to find evidence that a problem is present. You should also know how long the problem has started and what is the effect of the problem.3. Determine potential factors causing the problem. This is where you should determine which events caused the problem. Furthermore, you have to figure out the conditions where the problem tends to happen. And you also need to identify whether there are other problems that cause, worsen, and intensify the main problem you're dealing with.4. Determine the root cause/s. This step will require you to analyze the problem, and determine the reason why the problem occurred, and the reason why it occurred.5. Provide the solution to the problem. From all the observation and analysis and determining the real cause of the problem, you now have to implement a solution for the problem. Provide ways on how you can avoid facing the same problem in the future. And determine how you should solve the problem, and who will do it. Lastly, identify whether there are risks in solving the problem.
To answer the question, Alex is in the fourth step: determining the root cause why the paper-jam occurred.
Its achieve by preserving what is distinct about the company.
Strategic positioning is basically an effort made by an organization in order to distinguishes itself in a valuable way from its competitors and delivers value to clients in way different from others.
- According to Porter, he states that a "company's relative position within its industry matters for performance".
- A proper strategic positioning have a way of influencing how customers perceive a product in relation with other competitors product.
In conclusion, this type of positioning helps to achieve sustainable competitive advantage by preserving what is distinct about the company.
Learn more about Strategic positioning here
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Answer:
Managers play key role in handling problems in the organization.
Explanation:
Managers act as leaders in any organization. Employees follow their order if they inspire them. Rude and harsh managers cannot dictate employees. Managers play very important role in problem solving. There can be work related problems or some dispute among employees but it is duty of managers to calmly understand the problem and find a solution which is beneficial for the entire organization.
Answer: The following journal entries would apply:
<u>Purchase of franchise:</u>
Debit: Restaurant franchise (intangible asset) $85,000
Credit: Cash $85,000
<u>Amortization of franchise:</u>
Debit: Amortization charge $708
Credit: Accumulated amortization $708
Explanation: When the franchise was purchased, there was a cash outflow. So the above first entries would apply in order to recognize the intangible asset in Frazier Company's books. However, the intangible was meant to be amortized over 10 years, meaning $85,000/10 years = $8,500 annual amortization charge. We still have to divide this by 12 in order to arrive at the monthly amortization charge. So $8,500 divided by 12 months = $708 monthly. The above entries apply on amortization.
The primary way that the fed conducts monetary policy is through their influence on the federal funds rate. It is the interest rate that banks charge each other for overnight loans of reserves.