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Arisa [49]
3 years ago
13

Improving business processes by reengineering them, benchmarking specific activities against industry leaders, encouraging emplo

yee input to identify excess costs, increasing capacity utilization, and improving employee productivity lead to a significant overall gain. These are examples of which turnaround strategy used by successful companies?
A) asset and cost surgery
B) selective product and market pruning
C) piecemeal productivity improvements
D) global expansion
Business
1 answer:
V125BC [204]3 years ago
4 0

Answer: (C) Piecemeal productivity improvements

Explanation:

The piecemeal productivity improvement is one of the type of business strategy that is used by various types of successful organization for the purpose of improving the productivity of an employees, the business process and also managing all bench-marking activities in an organization.

 According to the given question, the given  activities in an organization are the example of Piecemeal productivity improvements that helps in expanding the product scope in the market. Therefore, Option (C) is correct answer.  

  Therefore, Option (C) is correct answer.

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Answer:

<u>Supply chain management</u>

Explanation:

Supply chain management refers to a system of organizations, people, activities and information which are involved in the movement of products from the suppliers to the customers.

Such activities transform the inputs into finished products which are delivered to the end customers.

Logistics refers to the activities concerned with efficient movement and transportation of goods and products to the customers. This involves making the product available when and where required and within a specified time frame to yield customer satisfaction.

Operations management is conerned with ensuring effcient business operations with optimal utilization of resources and minimum possible wastage.

Marketing channel management refers to channels of distribution to be selected for making goods and products available such as wholesellers, retailers, etc.

Thus, supply chain management integrates the functions of logistics management, operations mangement, marketing channel management and supply management, to ensure products are available in the right quantities, at right places and at the right times.

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Tristan transfers property with a tax basis of $1,255 and a fair market value of $1,570 to a corporation in exchange for stock w
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Answer: $1531

Explanation:

The corporation's tax basis in the property received in the exchange will be the addition of Tristan's Tax basis and the gain that's recognized on exchange by Tristan.

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There are benefits and drawbacks to command economy structures. Command economy advantages include low levels of inequality and unemployment, and the common good replacing profit as the primary incentive of production. Command economy disadvantages include lack of competition and lack of efficiency.

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