Answer:
Yes. Certain kinds of firms do need to stress particular areas of operations management. Operations management is a vast area which consists of several departments such as supply chain management, logistic management, warehouse management, data management, inventory management and etc.
Companies, depending upon the kind of product and services they are supplying, need to figure out which department they are lacking in and should stress upon it.
For example shipment companies might need to focus on logistical affairs to strengthen their services.
Answer:
C
Explanation:
The highest mountain could fit into the deepest ocean basin.
I dont exactly know if this is right, but i would say "crash" if youre being asked to fill in the blank. Thats what I would put. If you continue to drive while someone is in front of you, and you don't take any action to prevent it, you would crash into them. Sorry if this wrong, there wasnt much explanation!
Answer:
Total general and administrative expenses $
Administrative salaries 1,250
Rent on administrative building 30,000
Miscellaneous administrative expenses 5,000
Total general and administrative equipment 35,250
Explanation:
The total general and administrative expenses include administrative salaries, rent on administrative building and miscellaneous administrative expenses.
Answer:
A) Year 1 cost of goods sold
B) Year 2 cost of goods sold
D) Year 2 beginning inventory
Explanation:
A) Year 1 expense of merchandise sold : The Current year cost of Goods Sold is processed by deducting finishing stock from Opening Inventory and Purchases made during the year. So in the event that the completion stock isn't right, at that point the result of above calculation will not be right so the Year 1 expense of merchandise sold for example (Current year cost of Goods Sold) will be inaccurate.
D) Year 2 starting stock: year 2 starting stock is equivalent to year 1 completion stock. So on the off chance that off-base stock estimation is made at end of earlier year, at that point current year opening worth will be carried on as off-base.
B) Year 2 expense of merchandise sold: The explanation is same as ans q(i.e. Year 1 expense of merchandise sold) as off-base convey forward opening stock worth will bring about wrong calculation of cost of products sold for year 2.
