Answer:
product development
Explanation:
Product development growth strategy -
It is based on the modification of the existing product , so that they appear to be new and the development of the new products and then offering the product to the current or new market .
These types of strategy are adapted , when their is no scope of new opportunity foe the new company .
The strategy of product development is used in the question statement .
<u>Explanation:</u>
1. Calculation of labor spending variance for the month of march
Labor spending variance = (Actual rate x actual hours)- (Standard rate x Standard hours)
=(13 x 63000) - (12 x (26000 x 3))
=-1,38,600
Labor spending variance for the month of March is $138600
2.Calculation of variable manufacturing overhead planning cost
Variable manufacturing overhead planning cost= (Planning budget units x required hours x cost per hour)
=(21000 x 3 x7)
=441,000
Variable manufacturing overhead planning cost is $441,000
3. Calculation of Variable manufacturing overhead cost
Variable manufacturing overhead cost= (Actual units x required hours x cost per hour)
=(26600 x 3 x7)
=$558,600
Variable manufacturing overhead cost is $558,600
4. Calculation of Variable overhead rate variance
Variable overhead rate variance= Actual hours ( actual rate - standard rate)
=63000((510930/63000)-8)
=63000(8.11-8)
=63000(0.11)
=6930
Variable overhead rate variance is =6930
The given statement is False.
Diversity in work groups can create conflicts, so managers should try to minimize diversity when assigning new people to teams, is a False Statement.
Explanation:
Diversity means a whole range of diverse or different things. Diversity can be defined as the state of being diverse. Diversity is a concept which emphasizes that concept that every person is different and unique in his or her own way and we all should respect the differences between people.
People can be considered diverse on the basis of
- Ethnicity
- Race
- Gender
- Age
- Physical Abilities
- Cultures
- Status
- Religion
- Political beliefs, etc.
So when people with diversity come together to work with each other, they may share different opinions on the basis of their different backgrounds and the final result will be a sure success. So managers rather prefer to make teams of people with diversities.
Learn more about diversities at:
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Answer:
integrate
Explanation:
Small business owners are well-advised to purchase management, communication, and productivity software products and services that integrate with one another.
when this software is learnt and are well integrated it helps the productivity and customer base of the small scale business owners. it further helps them to work fast and gives them the the knowledge to handle more responsibilities.
The concept of Dynamic capabilities is used by the firm to improve its core competencies.
<h3>What is the concept of
Dynamic capabilities?</h3>
This entails a firm ability to integrate and build its competencies to address rapidly changing environments.
Hence, as the firm trains its machinists constantly so that they are equipped to deal with technological advancements, it is adhering to concept of Dynamic capabilities.
Read more about Dynamic capabilities
<em>brainly.com/question/17102004</em>
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