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gavmur [86]
3 years ago
5

A firm can effectively use its operations function to yield competitive advantage through all of the following except

Business
1 answer:
ira [324]3 years ago
4 0

Answer:

The correct answer is b.setting equipment utilization goals below industry average.

Explanation:

A firm cannot achieve competitive advantage by setting its equipment utilization goals as this will not retain its customers.

If a firm wants to achieve competitive advantage it can achieve it by;

Addressing its customers concerns and customizes the products according to their needs.  

Providing customers their ordered products earlier than other companies lead time, which means increase in speed of delivery and shortens the delivery time.

Bring improvement and advancements in its products by using new technology.

Maintain a variety of different product options to cater the needs of its various customers. Offering them a wide range of products will probably reduce chances of customer switch.

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In a ________, two or more companies at one level join together to follow a new marketing opportunity. franchise multichannel di
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<span>In a channel arrangement, two or more companies at one level join together to follow a new marketing opportunity. 

When a company has a channel arraignment it allows for new marketing strategies and tactics. In this situation, companies are going in together at the same level with the same power to accomplish new opportunities and goals together. </span>
6 0
3 years ago
Lean Principles The chief executive officer (CEO) of Platnum Inc. has just returned from a management seminar describing the ben
Vladimir79 [104]

Answer:  Option E

Explanation:

A. Poor quality inventory will not be sold leading to excess of it thus it is a reason.

B. Large set up times will lead to loosing of customers, thus, reason for excess inventory.

C. Unreliable equipment urges for overproduction while the equipment is working efficiently thus it is a reason for excess inventory.

D. Poor employee relationships effects organisation process which might lead to delay in sales thus, a reason for excess inventory.

E. Workers union establishes efficiency in the work performance of labor, thus, it is not a reason in excess inventory.

7 0
4 years ago
The Red Bud Co. pays a constant dividend of $1.80 a share. The company announced today that it will continue to do this for anot
Naddika [18.5K]

Answer:

One share of this stock worth today if the required rate of return is 7.4 percent is $ 3.24

Explanation:

According to the details the dividend for the next 2 years = $1.80 a share and the required return is=7.40%.

Hence to calculate current price of stock we have to use the following formula:

current price= present value of future cash flows

current price=$1.80/1.074 + $1.80/1.074∧2

current price= $ 3.24

current price of stock is $ 3.24

8 0
3 years ago
A mask company set up a hospitality tent outside the Olympics arena. Its goal was to eoncourage patrons to view it as an Olympic
Grace [21]

Answer: Ambush Marketing

Explanation:

The mask company is engaged in Ambush marketing in the Olympics event.

Ambush marketing is a marketing technique that businesses use to give the public an impression that they are sponsoring an event when they aren't.

3 0
3 years ago
Calligraph Publishing Company has created a system for storing every piece of data about every one of its books, both those that
igomit [66]

Answer:

knowledge management                                

Explanation:

Knowledge management relates to the mechanism by which an organization's knowledge and information is developed, exchanged, used and controlled. This refers to a multidisciplinary approach by making the best use through knowledge to attain organisational goals.

Knowledge management activities usually focus on institutional priorities like better performance, competitive edge, creativity, experiences gained exchange, alignment and institutional quality improvement.

7 0
3 years ago
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