The practice of transferring portions of production and service activities to lower-cost, often overseas locations is known as OUTSOURCING.
Outsourcing: Outsourcing is the process of contracting a third party from outside a business to carry out tasks or produce commodities that were previously done internally by the business's own staff and employees. Companies typically engage in outsourcing as a means of reducing costs.
Benefits of Outsourcing:
1) Lower prices (due to economies of scale or lower labor rates)
2) More effectiveness.
3) Fluctuating capacity
4) Heightened attention to strategy and key skills.
5) Access to knowledge or assets.
6) Improved adaptability to evolving commercial and corporate environments.
7) Shortened time to market.
The practice of transferring portions of production and service activities to lower-cost, often overseas locations is known as OUTSOURCING.
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Answer:
I think Sears need to stop diversifying its product too much and focus on improving internal human resources.
Explanation:
The largest expense that Sears made occurred during their effort to add more female customers to shop at their place.
Sears was known for its DieHard, Craftsman and Kenmore brands that attract mostly male customers to their stores. They started “The Softer Side of Sears” which focused on adding more products for female customers.
But, in the process of doing so, Sears neglected their already successful male products department with a lot of employees who sacrifice a lot of their time and effort into making Sears as big as it is.
In order to restore to its former glory, Sears need to stop focusing on new market with a lot of strong competitors and focused on improving skill set of employees in their successful department. They can do this by investing in their education, increasing the budget for their research and development, etc.
<span>A situation in which the combined effect of several exposures is greater than the sum of the individual effects synergism. Synergism is when two or more organizations come together to create something that is better than what they would've produced separately. This allows organizations to grow their customer base and product base by helping </span>each other.
Answer:
Option B (It is a.............bundle constant) would be the correct choice.
Explanation:
- The index number representing the amount including its commodities prices community determines the level including its values of almost the same goods over the base time randomly selected and used to denote shifts throughout the price point through one time toward the next.
- A calculation of where and how prices have been rising over time in a standard basket of things, keeping the products steady throughout the consumption package. The price index maybe for something like gasoline, homes, etc.
Some other approaches offered aren't linked to the possibility specified. So, the obvious response above is the right one.
A data warehouse is an integrated collection of data that can include seemingly unrelated information, no matter where it is stored in the company.
An enterprise data warehouse (EDW), sometimes referred to as a data warehouse (DW or DWH) in computing, is a system used for reporting and data analysis and is regarded as a key element of business intelligence.
data warehouse DWs serve as a central repository for combined data from a variety of sources.
They keep both recent and old data in a single location that is utilized to provide analytical reports for employees across the whole company.
The operational systems upload the data that is kept in the warehouse (such as marketing or sales).
Before being used in the data warehouse for reporting, the data may go via operational data storage and require data cleansing for extra activities to ensure data quality.
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