Answer:
b. Reengineering
Explanation:
Business Process Reengineering or Business Process Redesign (BPR) involves radical overhaul of company's core business processes, work, jobs, etc to achieve radical performance improvement in terms of quality of service, cost reduction, productivity etc. Company's start from zero and re-think all the processes.
<em>Restructuring:</em> It is significant change made to operational process or structure of a company when the company is facing financial pressure.
For Example Debt Restructuring involves change in terms of debt and creating a way to pay off debt.
<em>Downsizing:</em> Downsizing involves terminating multiple employees at the same time to save money.
<em>Delayering:</em> It is a way to remove one or more levels of hierarchy from the organisational structure. It is a way to flatten the organisation's structure.
<em>Recruiting:</em> It is process of finding and hiring the qualified and suitable people for a given job.
Answer:
B. Natural barriers cannot prevent the entry of new firms.
Explanation:
Natural barriers cannot prevent the entry of new firms as firms should be free to enter and exit the industry. Every firm's actions or dealings influence the profits of all the other firms.
Answer: See explanation
Explanation:
Based on the information given in the question, the balance in Warranty Liability at the end of Year 1 and Year 2 will be calculated thus:
Balance in Warranty Liability at the end of Year 1 will be:
= $1,600,000 × 2%
= $1,600,000 × 0.02
= $32,000
Balance in Warranty Liability at the end of Year 2 will be:
= $2,400,000 × 1.5%
= $2,400,000 × 0.015
= $36,000
Answer:
Nike as a brand is making the use of Marketing mix to communicate a objective of high quality sport brand.
Explanation:
- The aim of the marketing mix s the right combination of product, place, promotion, and price, etc. It is done so that the company can have an advantage over the competitors. It's a set of controllable and tactile marketing tools.
Answer:
Principal payment = $27,505.00
Explanation:
<em>Loan Amortization: A loan repayment method structured such that a series of equal periodic installments will be paid for certain number of periods to offset both the loan principal amount and the accrued interest.</em>
The principal repayment in year 1 = Annual payment - Interest payment in year 1
<em>Interest payment in year = Interest rate × Principal Amount</em>
=8% × 164,000
= $13,120.00
Principal payment = $40,635 - 13,120 = $27,505.00
Principal payment = $27,505.00
