Answer:
B. a cross-functional approach to introduce new products to market.
Explanation:
Concurrent engineering -
It is a long term business strategy .
In this method the products designed and developed in different steps , is referred to as concurrent engineering .
The method is used to reduce the development time of the product and the marketing time of the product , which in turn increases an improves the productivity as well as decreases the cost .
Hence , the correct option is B.
Answer: Transaction processing systems
Explanation:
The transactional processing system is one of the type of information system in which the we managing all the business transaction ad the collection of the data by using the efficient software system.
It is also known as the real processing system that helps in maintain the reliability, consistency and also the performance of the system.
The transaction processing system is the combination of hardware and the software that efficiently manage the day activities in an organization to conduct the business.
Therefore, Transaction processing system is the correct answer.
Answer:
The correct option is d. purchasing
Explanation:
Value chain Model : The value chain model is that model which is used to add the values to the organization.
It comprises of two activities:
1. Primary activities : The primary activities are those activities which includes day to day activities or that activities through which the product can delivered to the final consumer.
It includes inbound logistics, outbound logistics, operations, marketing & sales, and services.
2. Support activities : The activities which support primary activities is called support activities. It includes firm infrastructure, human resource management, technology management, and procurement.
By giving above explanation, the purchasing is not a primary activity of the value chain model
Hence, the correct option is d. purchasing
Expansionary policy boosts the economy in the short run but not the long run.
Option A
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Explanation:
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Germany was considered one of the richest countries before World War 1. Their economy was very steady and there is no match for them among countries.
Due to the effect of World War 1 the country was into hyperinflation and all the prices of perishable things and food items has increased at a very fast pace. To balance the inflation they applied Expansionary monetary policy which uses the central bank to print money to stimulate the economy.
The increase in supply of printed money will ease out the lending rates and it will boost the economy.
False. Accountants crunch the numbers and report to financial managers who make the decisions.
