In process improvement projects, why should we focus our efforts on those processes that consume the most resources (e.g., labor
, space, capital, etc.)? A) Because those are the processes most visible to the customer B) Because those are the processes that use our firm’s core capabilities C) Because that is where we get "the most bang for our buck" . D) All of these
Answer: Because those are the processes that use our firm’s core capabilities.
Explanation: A Process improvement project can be defined as an effort put in place to significantly reduce negativities such as high cost, variations, defects etc in a process. In process improvement, we focus more on efforts such as labor, space, capital because they consume the most resources. These efforts, are the processes that use the firm core capabilities.
Answer: Because those are the process that use our firm's core capabilities. Option B is the most correct option.
Explanation: The core capabilities of a firm is the core competencies of that firm. It is the advantage a firm has over other firms in terms of business and uniqueness.
Those process that consumes the most resources are always the film's core competencies which are the firm's core capabilities. The firm's production and performance depends on them, and the value of the firm in the stock market depends on them. That is why it is very important to every firm to invest more in their core capabilities.
After the defendant's attorney has finished calling witnesses, the plaintiff's attorney can call witnesses and put forth evidence to rebut the defendant's case. This is called a <u>rebuttal</u>. Rebuttal is the argument a plaintiff's attorney makes to weaken the case of the defense counsel. It involves the presentation of evidences to contradict or nullify whatever point or submissions that have been made by the defense attorney.
The document that determines the number of shares a company can sell is C) a corporate charter. This document, issued by the founders of a corporation and approved by the government, describes in detail all the major components of it, including a declaration of the maximum number of shares the company will be legally authorized to sell.