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Iteru [2.4K]
2 years ago
12

What is the fundamental rethinking of business processes to bring about dramatic improvements in​ performance?

Business
1 answer:
Tju [1.3M]2 years ago
5 0

d. process redesign?

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Suppose the government wants to reduce the total pollution emitted by three local firms. Currently, each firm is creating 4 unit
murzikaleks [220]

Answer:

yep

Explanation:

Suppose the government wants to reduce the total pollution emitted by three local firms. Currently, each firm is creating 4 units of pollution in the area, for a total of 12 pollution units. If the government wants to reduce total pollution in the area to 6 units, it can choose between the following two methods:

Available Methods to Reduce Pollution

1. The government sets pollution standards using regulation.

2. The government allocates tradable pollution permits.

Each firm faces different costs, so reducing pollution is more difficult for some firms than others. The following table shows the cost each firm faces to eliminate each unit of pollution. For each firm, assume that the cost of reducing pollution to zero (that is, eliminating all 4 units of pollution) is prohibitively expensive.

Firm X 80 130 210

Firm Y 75 90 130

Firm Z 550 700 1,075

Now, imagine that two government employees proposed alternative plans for reducing pollution by 6 units.

Method 1: Regulation

The first government employee suggests to limit pollution through regulation. To meet the pollution goal, the government requires each firm to reduce its pollution by 2 units.

Complete the following table with the total cost to each firm of reducing its pollution by 2 units.

Firm Total Cost of Eliminating Two Units of Pollution (Dollars)

Firm X

Firm Y

Firm Z

Meanwhile, the other employee proposes using a different strategy to achieve the government's goal of reducing pollution in the area from 12 units to 6 units. This employee suggests that the government issue two pollution permits to each firm. For each permit a firm has in its possession, it can emit 1 unit of pollution. Firms are free to trade pollution permits with one another (that is, buy and sell them) as long as both firms can agree on a price. For example, if firm X agrees to sell a permit to firm Y at an agreed-upon price, then firm Y would end up with three permits and would need to reduce its pollution by only 1 unit while firm X would end up with only one permit and would have to reduce its pollution by 3 units. Assume the negotiation and exchange of permits are costless. Because firm Y has high pollution-reduction costs, it thinks it might be better off buying a permit from firm Z and a permit from firm X so that it doesn't have to reduce its own pollution emissions. What prices is firm Z willing to sell one of its permits to firm Y, but firm X is not?

8 0
3 years ago
David paid $975,000 for two beachfront lots in coastal South Carolina, with the intention of building residential homes on each.
Gnoma [55]

Answer:

The correct answer would be, Yes South Carolina would be compensating David as his property is now economically valueless.  

Explanation:  

Under the taking clause, 'The Beachfront Management Act was properly and validly designed to preserve South Carolina's beaches', which means that no one will be allowed to do any development project near beaches in order to save the beaches.  

Though it is already written in the Act, The Beachfront Management Act barred any further development on the coasts of Carolina, which makes the purchased property of David as economically valuless, so South Carolina would be compensating him as the law has passed and they won't allow further development but they need to compensate the people who purchased the property on the beaches for the purpose of future business.

7 0
3 years ago
What is input, conversion process, and output
blondinia [14]
Hello!

Think of a machine. You put something in. This is the input. The conversion process is whatever goes on inside the machine. Let's say that the machine will spray paint a vase you put into it.  The vase is the input. The spray painting is the conversion process. What comes out of the machine, or the result, is the output. In our example it would be the painted vase.

The conversion process changes the input into the output.

For example, think of a function, or a table. Let's say that we have the rule, +1. Let's say our input is 1. The conversion process is +1. This makes 1 become the output of two.

I hope this helps!
6 0
3 years ago
Suppose you use Solver to find the optimal solution to a maximization model. Then you remember that you omitted an important con
Mkey [24]

Answer:A

Explanation:

The optimal value will always remain the same. It is because profit is a difference between total revenue and total cost.

8 0
3 years ago
Read 2 more answers
Johnson has his property listed with ABC Realty. On November 1, a fire causes considerable damage to the property. On November 1
Rudik [331]

Answer:

On November 1, the listing was terminated

Explanation:

According to the given n situation, the listing was terminated on November 1 because due to fire, it causes considerable damage to the property. As the property is damaged, so automatically the listing was canceled and terminated.  

The date of rescinds the listing, the expiration date, and, the date at which the broker is incompetence is not relevant.  

3 0
2 years ago
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