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harkovskaia [24]
3 years ago
5

The production manager decides that the primary part in production must be an "A" standard part, and "B" parts, although less ex

pensive, should not be purchased. This management decision is a ________.
Business
1 answer:
9966 [12]3 years ago
8 0

Answer:

<u>Operational decision</u>

Explanation:

Remember, management takes several decisions which could be;

Group decisions,

Strategic policy, and

Operational decisions etc.

However, operational decisions are taken <em>usually by Top Management such as the production manager </em>in this scenario concerning issues that have a long time effect on the organisation's operational efficiency.

One such issues is the manner in which production is carried out.

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When group investors become aware of overseas investment opportunities and are willing to diversify their portfolios internation
sammy [17]

Answer:

they benefit from an expanded opportunity set.

Explanation:

As most of the business organizations focused on grabbing the investment opportunities which leads to diversify their business in terms of expanding the business in various locations, maximize the market share etc

This can be done with the help of opportunity set i.e. to expanded through which the firm could get the benefit of it

Hence, this would be the answer

3 0
3 years ago
What is bank interest​
Fynjy0 [20]

Bank interest is when you leave money in the bank for saving purposes. Then the money stays in the bank and you get money for keeping your money in the bank.

3 0
3 years ago
Read 2 more answers
The equality-efficiency trade-off suggests that a. welfare programs stimulate incentives to work. b. inefficiencies result when
soldi70 [24.7K]

Answer:

The correct answer is letter "B": inefficiencies result when incentives to produce are reduced.

Explanation:

Equity-efficiency tradeoff takes place when attempting to optimize the production efficiency, distribution of wealth is diminished. The concept is always linked to moral philosophy because it implies taking about how people organize themselves in the way to produce and share their goods in a fairly. According to this point of view, when there is not enough motivation to produce inefficiencies arise.

7 0
3 years ago
Which of the following executive roles is responsible for overall priority setting, project selection and prioritization, genera
SVETLANKA909090 [29]

Answer:

Letter a is correct. <u>Steering team.</u>

Explanation:

Steering team  in a project correspond to the highest hierarchy of a project, which is responsible for the decision-making process, and is composed of all representatives involved in the project, the directors, specialists and units of the company, who will join efforts to assist with methodological and technical advantages for the project to proceed as planned.

The main function of the steering teams is to monitor the project, in order to control the steps in order to carry out the project, establish the budget, support the managers, set objectives, allocate necessary resources, etc.

6 0
3 years ago
You are thinking about a project to expand your business. In order to start the project, you have to invest $200,000 in new equi
svetlana [45]

Answer:

The initial outlay of this project is $270,000

Explanation:

According to the given data we have the following:

cost of new machine= $200,000

shipping cost=$5,000

installation cost=$15,000

working capital=$50,000

Therefore, in order to calculate the initial outlay of this project we would have to make the following calculation:

initial outlay of this project=cost of new machine+shipping cost+installation cost+working capital

initial outlay of this project= $200,000+$5,000+$15,000+$50,000

initial outlay of this project= $270,000

7 0
4 years ago
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