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laila [671]
2 years ago
14

Core Competencies:

Business
1 answer:
soldier1979 [14.2K]2 years ago
6 0

Answer:

1)A core competency, in generally, has the meaning as  a concept in management theory and it is defined as "a harmonized combination of multiple resources and skills that makes distinguish compared to another competitors.

2) Key core competency should have the following set of characteristics to determine for organizations:

value - it must be rare and irreplaceable;

uniqueness - should exclude copying;

availability - the company should be able to use it

Explanation:

A core competency, in generally, has the meaning as  a concept in management theory and it is defined as "a harmonized combination of multiple resources and skills that makes distinguish compared to another competitors.

The core competency of an organization is competency that provides a competitive advantage.

Key core competency should have the following set of characteristics to determine for organizations:

value - it must be rare and irreplaceable;

uniqueness - should exclude copying;

availability - the company should be able to use it

Core competencies can take many forms, including technical / substantive know-how, a reliable process and / or strong relationships with customers and suppliers. A systematic approach to the analysis of the development of competitive advantages is carried out through the concept of the value chain (value chain), first proposed by Michael Porter in the book "Competitive Advantage".

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Clayborn Company deposits all cash receipts on the day they are received and makes all cash payments by check. At the close of b
Kazeer [188]

Answer:

Adjusted cash balance : $25850

Explanation:

The goal of a reconciliation statement is to ascertain the differences between the banks records and the depositor’s records and make accounting changes as deemed appropriate. There is a general flow that is used to make the correcting entries:

1. The process flow starts with the bank’s ending cash balance

2. Add any deposits made by the company to the bank that are in transit

3. Deduct any cheques that are uncleared by the bank

4. Add or deduct any other differences available as necessary

5. In the company bank records, once again start with the ending balance

6. Add interests earned

7. Deduct any bank service fees, penalties and NSF (Non-Sufficient Funds) cheques.

8. Add or deduct any other differences available as necessary

At the end of this process, it is likely that both accounts would be equal and tally.

Please refer attached table for details on the calculation.

6 0
3 years ago
Why do marketers segment their markets and what are the basic criteria for doing so successfully?
Firlakuza [10]

Answer: enables marketers to tailor marketing mixes to meet the needs of particular population segments

Explanation:

Market segmentation enables marketers to tailor marketing mixes to meet the needs of particular population segments. Segmentation helps marketers identify consumer needs and preferences, areas of declining demand, and new marketing opportunities. the marketing strategy of almost all successful organizations.

8 0
2 years ago
When loans are amortized, monthly payments are ________ , while the interest portion of the monthly payment ________ and the pri
vitfil [10]

Answer:

Constant, Decreases, Increases

Explanation:

4 0
2 years ago
Rocky River Company is a pricetaker and uses target pricing. Refer to the following information:Production volume 602,000​ units
ladessa [460]

Answer:

$30.07

Explanation:

Rocky river company uses target pricing

The production volume is 602,000 units

The market price is $34 per unit

The total assets is $13,900,000

The desired operating income is 17% of the total assets

= 17/100 × 13,900,000

= 0.17×13,900,000

= 2,363,000

The first step is to calculate the sales value

= 602,000 ×34

= 20,468,000

The total cost can be calculated as follows

= Sales value-desired operating income

= 20,468,000-2,363,000

= 18,105,000

Therefore the target full product cost per unit can be calculated as follows

= Total cost/production volume

= 18,105,000/602,000

= $30.07

Hence the full target product cost per unit is $30.07

7 0
3 years ago
Liliana needs to furnish her new apartment. She found all the items she wanted on the manufacturer's website and can save over $
maw [93]

Answer: The price that Liliana will pay for shipping the furniture may be higher than the amount she saved.

Explanation:

Liliana wants a new furniture for her apartment which she found on the website of the manufacturer. From the information given in the question, we were informed that she will save $500 when she buys from the manufacturer directly.

From the information provided, the deal is good since she'll save $500 but the only thing that might stop her from making the purchase is when the shipping fee is more than the $500 she'll save. In that case, buying the furniture isn't really worth it as other options may be considered.

8 0
3 years ago
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