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3 years ago

Which of the following is a benefit to corporate executives when a process is outsourced?

Business

1 answer:

love history [14]3 years ago

5 0

Answer:

<h2>In this case,the correct answer would be option b) given in the answer choices or More time to explore new revenue generation activities.</h2>

Explanation:

From an economic or business perspective, outsourcing of operational activities or conducts refer to assigning the business functions, activities, projects, assignments etc. to any third party or external agency with a view to enhance work productivity and minimize overall average operational costs or expenses.
The third party or the external entities involved in the outsourcing activities are typically not part of the parent or main company or are not commercially affiliated with the parent or main company.
One of the advantages of outsourcing to the company executives is to be able to assign some of the major and time consuming business activities to outsourced companies or entities and focus more on other mediums or sources of revenue generation for business. It might include introduction of new product or service lines, restructuring of the internal organizational settings or venturing new markets to capture higher consumer or client base. Hence, higher work or labor division through outsourcing activities can provide more time and opportunity for executives to focus more on other revenue generating endeavors.

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(a) On March 2, Blossom Company sold $853,600 of merchandise to Kingbird Company on account, terms 3/10, n/30. The cost of the m

tester [92]

Answer:

The answers are:

A) to record sales

Dr Accounts Receivable 853,600

Cr Sales Revenue 853,600

to record inventory

Dr Cost of Goods Sold 540,300

Cr Merchandise Inventory 540,300

B) to record sales returns

Dr Sales Returns & Allowances 114,200

Cr Accounts Receivable 114,200

to record inventory

Dr Merchandise Inventory 68,200

Cr Cost of Goods Sold 68,200

C) to record payment

Cr Cash 717,218

Cr Sales Discounts 22,182

Dr Accounts Receivable 739,400

8 0

3 years ago

When a firm pursues a(n) ___________, it sells the same products or services in both domestic and foreign markets.

vladimir1956 [14]

When a firm pursues a(n) localization strategy, it sells the same products or services in both domestic and foreign markets.

Multinationals choose from four basic international strategies: (1) international, (2) multinational, (3) global, and (4) transnational. These strategies differ between the two strains. 1) Focus on low cost and efficiency, and 2) Respond to local culture and needs.

A company can obtain its three main benefits by successfully deploying a foreign markets strategy: (1) increased market size, (2) economies of scale and learning, and (3) location advantages. I can. Greater market size is achieved by expanding beyond the company's home country.

Multinational Corporation chooses from their three basic international strategies: (1) multidomestic, (2) Global, and (3) Transnational. These strategies differ in their focus on achieving global efficiencies and addressing local needs.

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4 0

1 year ago

There are often considerable differences in how projects are managed within certain firms, even if the same project management s

inn [45]

Answer is given below :

Explanation:

A project is a combination of different technologies and columns. Oversight and control for a project, activity monitoring and control cycle (comparison of performance criteria runs in four stages.
Comparison of actual and planned performance. Performance monitoring and action). Creole begins with setting performance standards, which become part of the plan.
Project management methods and structures provide a framework for project management in different situations - they often provide commentary for project managers.
Project management teams often prioritize and select the best course of action based on personality: the project manager's insight. This approach varies from one person to another and therefore has a different management approach within an organization.
To ensure sustainability, an organization must develop standard practices for its business sector. This ensures that managers follow the same procedure and adhere to the process.

6 0

3 years ago

The fiscal 2016 financial statements of Nike Inc. shows net operating profit margin (NOPM) of 11.4%, net operating asset turnove

Solnce55 [7]

Answer:

-13.562%

Explanation:

Data provided in the question:

Net operating profit margin (NOPM) = 11.4%

Net operating asset turnover (NOAT) = 3.83

Return on equity = 30.1%

Adjusted return on assets = 17.1%

Now,

Return on equity = Nonoperating Return + Return in net operating assets

Nonoperating Return = Return on equity - Return in net operating assets

Also,

Return in net operating assets = NOAT × NOPM

= 3.83 × 11.4%

= 43.66%

therefore,

Nonoperating Return = 30.1% - 43.66%

= 30.1% - 43.662%

= -13.562%

5 0

3 years ago

Which economic theory assumes individuals will use past values of inflation to predict the possible expected future values of in

OlgaM077 [116]

The rational expectations theory is a concept and theory used in macroeconomic.

what is rational expectations theory?

The rational expectations theory could be a concept and modeling method that's utilized broadly in macroeconomics.
The hypothesis sets that people base their choices on three essential variables: their human judiciousness, the data accessible to them, and their past experiences.
The theory proposes that people’s current expectations of the economy are, themselves, able to impact what long-term state of the economy will gotten to be.
This statute contrasts with the thought that government arrangement impacts monetary and financial decisions.

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3 0

2 years ago