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LenKa [72]
3 years ago
14

When business processes are not on target, we can choose different approaches to fix the problem. If the company is not concerne

d with cost or much lower-level employee input and decides to take a radical approach that involves a high risk and a lot of time, which approach have they decided to use?
Business
1 answer:
lana [24]3 years ago
7 0

Answer:

Business Process Reengineering (BPR).

Explanation:

In Business Process Reengineering (BPR), when business processes are not on target, we can choose different approaches to fix the problem. If the company is not concerned with cost or much lower-level employee input and decides to take a radical approach that involves a high risk and a lot of time, we can conclude that it has used the Business Process Reengineering (BPR).

Hence, Business Process Reengineering (BPR) is a strategic approach to evaluating and designing business processes and workflow in order to successfully achieve organizational set goals and objectives in product quality and output.

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Anthony's Refrigerator Pasta tries to offer higher-quality food products, more product variety, and wider distribution than its
Andreyy89

Answer:

It is differentiation strategy A)

Explanation:

Differentiation strategy : this  focuses on providing a product or a service with distinctive attributes, in comparison with what other competitors are offering in order gain competitive advantage. The company adopting this strategy must continuously innovate and ensure the quality features of their  products and services embraced by the customers are sustained and improved upon .

Concentration strategy : here, company is using differentiation strategy but focusing on a particular niche of the market.

Lateral diversification : this is when a company decides to grow or expand by acquiring another company in the same line of business.

Vertical Integration : this is when a company decides to grow by taking over the entire value chain of operation . For instance, if we decide to acquire the business of our supplier or decide to take over distribution channels from the  middle-men.

Conglomerate diversification : this is when a company decides to invest in another line of business different from our existing nature of business.

6 0
3 years ago
Barney, a manager, is very conventional, resistant to change, habitual, and does not accept new ideas very easily.This implies t
inna [77]

Answer:

A

Explanation:

7 0
3 years ago
tuttle enterprises is considering a project that has the following cash flow and weighted average cost of capital (wacc) data. w
erica [24]

Tuttle enterprises are considering a project that has the following cash flow and the weighted average cost of capital (WACC) data. The projected net present value is 074.36.

A project's net present value is the sum of the destiny values of the net coin flows compounded at the desired fee of going back minus the net funding. if safety gives a series of coin flows with an NPV of $50,000 and an investor will pay exactly $50,000 for it, then the investor's NPV is $0. It method they'll earn something the cut price charge is on the security.

Net present value or NPV is the sum of the prevailing value of coins inflows and outflows. In other phrases, it's far the distinction between the present values of cash inflows and the prevailing value of cash outflows over a while.net gift cost shows how a lot of money an assignment or investment will advantage or lose in terms of the present-day budget. future coins drift would not carefully mirror the current cash drift of an undertaking because of the impact of factors along with inflation and lost compound hobby so NPV adjusts for this reason.

Learn more about Net present value here:-brainly.com/question/18848923

#SPJ4

8 0
2 years ago
Inventory at the end of the year was inadvertently overstated. Which of the following statements correctly states the effect of
jasenka [17]

Answer:

B net income is overstated, assets are overstated, and stockholders' equity is overstated

Explanation:

The movement in the balance of inventory at the start and end of a period is as a result of sales and purchases. While sales reduces the balance in inventory, purchases increases the balance. This may be expressed mathematically as

Opening balance + purchases - cost of goods sold = closing balance

Hence, where ending inventory balance is overstated, cost of goods sold is understated. When cost of goods sold is understated, gross and net incomes are overstated. Hence owner's equity is overstated and asset overstated.

6 0
3 years ago
Entrepreneurs and other producers accept risks because they hope to earn _____.
Gnom [1K]
Entrepreneurs and other producers accept risks because they hope to earn PROFIT.

Every businesses are set up for the purpose of earning profits. Every venture has its accompanying risks of failure but if everything goes right, then the pay-off will be worth it. 

High risks business also have high potential of generating high profit. 
7 0
3 years ago
Read 2 more answers
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