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3 years ago

Do certain kinds of firms need to stress particular areas of operations management? Explain.

Business

1 answer:

sdas [7]3 years ago

7 0

Answer:

Yes. Certain kinds of firms do need to stress particular areas of operations management. Operations management is a vast area which consists of several departments such as supply chain management, logistic management, warehouse management, data management, inventory management and etc.

Companies, depending upon the kind of product and services they are supplying, need to figure out which department they are lacking in and should stress upon it.

For example shipment companies might need to focus on logistical affairs to strengthen their services.

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Matt's retail store offers all products at $2 less than its competitors. The store never runs promotional campaigns or offers sp

olya-2409 [2.1K]

Answer:

5) everyday low

Explanation:

An everyday low pricing policy (or strategy) refers to simply selling your products at a cheaper price than your competitors.

For example, bargain stores usually sell their products at a lower cost than the competition, Walmart, Target and Kmart are supposed to be bargain or discount stores. Another common type of retail store that uses this pricing strategy are outlet stores, specially clothing outlet stores.

8 0

3 years ago

____ institutions accept and manage customer deposits in checking and savings accounts.

gtnhenbr [62]

Answer:

The correct answer is depository institutions.

Explanation:

We denominate Depository institution to financial entities that can legally receive and manage monetary deposits from costumers.

This institution serves as a way to keep a person's money securely, and thus achieve the physical security of the person who owns the money, since having a certain amount of money with himself can be dangerous.

A client will give his money to a depository institution, which also have several types of bank accounts, and when the client wishes, that money will be returned.

The depository Institution, while saving your money, can use it to make investments or to lend to other costumers.

6 0

3 years ago

In his work for a new company, Byron found a flower material that he could use to manufacture dresses. In his career, Byron is m

RSB [31]

Answer:

into how many geographical region Nepal has divided ?describe them in a few line

3 0

3 years ago

Read 2 more answers

If an individual investor uses the services of a broker to buy and sell stocks that are currently being traded in the stock mark

sergejj [24]

Answer:

a. False

Explanation:

A "primary transaction" refers to the selling of new stocks and bonds for the first time towards the public. A great example of this is the "Initial Public Offering" (IPO) which allows "public share issuance."

On the other hand, a "secondary transaction" refers to the trading of investors among themselves. There is no involvement of the issuing companies here. So, this means that if an investor uses the services of a broker to buy and sell stocks that are currently being traded in the stock market, the transaction doesn't directly involve the issuing company. This kind of transaction is then called "secondary."

So, this explains the answer.

8 0

3 years ago

f the unemployment rate is 8 percent, this means: a. 8 percent of the population is unemployed. b. 8 percent of the population o

hodyreva [135]

Answer:

c. 8 percent of the labor force is unemployed.

Explanation:

The Unemployment Rate measures the percentage of the total labor force that is unemployed while actively seeking employment during the previous month. If the unemployment rate is 8 percent, this means 8 percent of the labor force is unemployed. That also means, out of all the people actively seeking employment during the previous month, 8 percent are still unemployed or jobless.

3 0

3 years ago