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yulyashka [42]
3 years ago
8

What management function is production manager Cedric Stein using when he orders aluminum component parts (bumpers, drive trains

, etc.) to be used in the production of Audi cars in Audi's Neckarsulm plant
Business
1 answer:
N76 [4]3 years ago
5 0

Answer:

Purchasing

Explanation:

In the purchasing function, the company purchased the products and services from the manufacturer at a lesser cost and then sell the goods at higher prices in order to earn the profit.

When someone purchases, when the price is less and quality is best as compared with the competitors dealing in the same industry

Therefore in the  given case, Cedric Stein orders aluminum component parts that are used in the Audi card production so here the purchasing function is used

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Which stage of economic development is a time of change from the traditional way of doings things in a society to moving toward
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Answer:

takeoff

Explanation:

Takeoff is a stage marked by rapid economic growth based upon a few key economic industries or sectors, such as steel, railroads, textiles, and food production. Drive to maturity is a stage where the economy continues to grow and to diversify from the handful of industries that drove growth in the previous stage.

6 0
3 years ago
Bay City Mining, Inc. has a price of $20 a share, outstanding shares of 2.5 million, retained earnings of $1 million dollars, an
weqwewe [10]

Answer:

a. 50, which is high by historical standards.

Explanation:

a. 50, which is high by historical standards.

It is high because  current price  is high than earnings.

Earning yield is  the reciprocal of price earning ratio that is = 1/ (P/E ratio) expressed as a percentage.

So

PRice Earning ratio = Market price per share/ Earning per share

Price Earning ration= $20/ 0.4 = 50

Earning per share= Earnings/ No of shares outstanding

EPS= $ 1 million/$ 2.5 million = 0.4

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3 years ago
An election to choose among candidates nominated by parties is called a(n) ________.
tigry1 [53]
A Republican of which is a multiple person who elects
7 0
3 years ago
A process focused facility is A. based on the classical assembly line. B. a production facility organized around specific activi
Dennis_Churaev [7]

Answer:

B. a production facility organized around specific activities.

Explanation:

For example, in the computer production global chains, there are assembly plants that do many jobs, usually done in one country. But some of very specialized works, like installing the motherboard  in the devices, requiring highly skilled worforce, are usually done in another country in a plant that just does that concrete job. That a process focused facility.

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3 years ago
In a perfectly competitive market, a firm operating in the long run is forced by competition to adjust its scale of operation:__
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A company that operates over the long term in a perfectly competitive market is compelled by competition to change its scale of operation until average cost is minimized.

More about perfectly competitive market:

In a market structure known as perfect competition, numerous businesses sell comparable goods while making almost little profit because of the intense competition.

A market that is perfectly competitive is one in which all enterprises sell the same good and where there are no barriers to entry or leave. The existence of several enterprises and the homogeneity and uniformity of the products are essential elements of perfect competition.

Learn more about perfect competition here:

brainly.com/question/10931687

#SPJ4

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2 years ago
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