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Orlov [11]
3 years ago
5

Cash Now Industries just hired 500 new workers to build ATMs and self-service check-out systems at its manufacturing plant in Te

nnessee. The company also plans to hire several hundred more employees by 2021. In the past, these machines were built primarily in Asia. Both shipping costs and quality control were cited as the reasons these companies have elected to change production strategy to
(A) insourcing.
(B) outsourcing.
(C) benchmarking.
(D) competency control.
Business
1 answer:
RSB [31]3 years ago
3 0

Option A

Both shipping costs and quality control were cited as the reasons these companies have elected to change production strategy to  insourcing

<h3><u>Explanation:</u></h3>

The organization's authority above services and conclusions will change depending on whether the firm is practicing outsourcing or insourcing. Insourcing is the responsibility of a project to a personality or unit within an organization preferably than to a third party.

As a practice, insourcing affords companies with an added charge above decision-making and the capacity to run more speedily and accurately. Insourcing can be more valuable for a company because it frequently includes the implementation of unique processes to start a distinct division in the organization.

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Describe two methods you would use to find potential employees if you were in charge of advertising a job for a company. Explain
likoan [24]

Answer

• Use Employee referral  Programs

• Hire for Attitude and then do training for skills

Explanation

Employees working in your organization can be a valuable source of knowledge need when recruiting. They have friends and acquaintances that are in the same field. Come up with a policy that will enable staff refer suitable candidates for job positions in the company.

A smart recruiter should search for attitude when recruiting employees because skills can be gained. The best candidate should show a positive attitude towards a position with the required skills which is in most cases difficult to find. The technique to employ here as a recruiter is to find a person with a positive attitude towards a job posting.


6 0
2 years ago
A company has a process that results in 34000 pounds of Product A that can be sold for $8 per pound. An alternative would be to
serg [7]

Answer:

After calculating, we get to know that the Product A should be sell now because, it show a difference of $23,800 through which company can earn more in the future. As the company will be better off by $23,800

Explanation:

For calculation, following things need to be considered which is shown below:

1. Product A process costing = Pounds × Per pound price

                                            = 34,000 × $8

                                            = $272,000

2. Product A costing after selling = Pounds × sale price per pound

                                                   = 34,000 × $14

                                                   = $476,000

3. Difference of costing :

=  Product A costing after selling - Product A process costing

= $476,000 - $272,000

= $204,000

4. Invested amount = $227,800

5. Actual Difference = Invested amount - costing difference

                                  = $227,800 - $204,000

                                  = $23,800

After calculating, we get to know that the Product A should be sell now because, it show a difference of $23,800 through which company can earn more in the future. As the company will be better off by $23,800

8 0
3 years ago
59. What is a contingency? a. An existing situation where certainty exists as to a gain or loss that will be resolved when one o
Vera_Pavlovna [14]

Answer:

Correct option is D.

Explanation: A contingency is an existing situation where uncertainty exists as to possible gain or loss that will be resolved when one or more future events occur or fail to occur.

In business, a contingency plan is a plan or course of action a company would implement if an unexpected event occurs. Basically, what this means is that a company is preparing for any outcome.

6 0
2 years ago
Suppose OPEC oil cartel announces that it will increase production of oil. Using supply and demand analysis to predict the effec
NISA [10]

Answer:

The first step is to show where the supply curve will shift, and in this case, the supply curve will shift to the right.

This is because OPEC has decided to increase oil production, or in other words, it has decided to shift the oil supply to the right. After this, the equilibrium price will probably fall, unless demand also rises proportionally.

8 0
3 years ago
On November 10 of the current year, Flores Mills sold carpet to a customer for $8,000 with credit terms 2/10, n/30. Flores uses
frez [133]

The appropriate journal entry to record the transactions is: Debit Cash $7,840; Debit Sales discount $160; Credit Account receivable $8,000.

<h3 /><h3>Journal entry</h3>

The correct entry to record the transaction is:

November 17

Debit Cash $7,840

(98%×$8000)

Debit Sales discount $160
(2%×$8000)

Credit Account receivable $8,000

Therefore the appropriate journal entry to record the transactions is: Debit Cash $7,840; Debit Sales discount $160; Credit Account receivable $8,000.

Learn more about journal entry here:brainly.com/question/14279491

#SPJ1

3 0
2 years ago
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