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daser333 [38]
3 years ago
7

Ortein, a shoe manufacturing company, wanted to cut costs and hence laid off half its employees from two of its departments. It

then made the departments share free resources with each other. This sharing of resources led to the company improving the overall productivity of the two departments, and it also helped in reducing costs. This approach is an example of _________.
a) dominance
b) synergy
c) anarchy
d) compromise
Business
1 answer:
jonny [76]3 years ago
4 0

Answer:

b) synergy

Explanation:

Synergy -

It describes the benefit gain by strategically organizing itself to maximize  innovation and cooperation .

These organization with synergic approach achieves more as a group than with individual .

hence , in the question , the approach shown by the Ortein company is an example of b) synergy .

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An example of a tying arrangement is______ a. a restaurant offering both Pepsi and Coca-Cola products. b. a car manufacturer ins
ikadub [295]

Answer:

The correct answer is letter "B": A car manufacturer installing expensive onboard GPS/navigation systems in all the cars it sells.

Explanation:

A tying agreement is the type of contractual arrangement where a seller offers other(s) product for the purchase of one good as a part of only one bundle. The secondary product might not be necessary but the seller offers it mainly to generate more profit. Tying arrangements are considered anti-competitive practices.

4 0
3 years ago
During its first year of operations, Walnut Company completed the following two transactions. The annual accounting period ends
natima [27]

Date               Account title                      $Debit                  $Credit

Dec 31            Wages Expenses               4800

                       Wages Payable                                              4800

                          (to record accrued wages)

Jan 06             Wages Payable                 4800

                        Cash                                                              4800

                        (to record payment of wages in cash)

An accounting period, in bookkeeping, is the length with reference to which management accounts and monetary statements are prepared. In management accounting, the accounting period varies widely and is decided via management. monthly accounting periods are common.

An accounting duration is the time frame for which a business prepares its financial statements and reports its financial performance and position to external stakeholders. this could be after three, six, or twelve months. The accounting period usually coincides with the business's fiscal year.

learn more about the fiscal year here brainly.com/question/15982144

#SPJ4

6 0
2 years ago
What is the rate of return when 30 shares of Stock
sattari [20]

Answer:

-0.67%

Explanation:

We are told that 30 shares of Stock are purchased for $30/share..

This gives a total value of: 30 × 30 = $900.

Now,they are sold for $900 with a commission of $6. This means the final money getting to the seller is; 900 - 6 = $894.

Thus; rate of return percentage = (894 - 900)/894) × 100% = -0.67%

6 0
3 years ago
The four types of consumer products differ in terms of the (1) effort the consumer spends on the decision, (2) attributes used i
yarga [219]

Answer:

Types of Consumer Product       Examples

Convenience Product:                 Zest bar soap

Shopping Product:                       Sony Blu-ray Disc™ player

                                                     Doritos Hermès Birkin bag

                                                     Goodyear Ultra Grip tires

Specialty Product:                       Patek Philippe watch

                                                    Maytag® dishwasher

Unsought Product:                      Royce Poplar coffin

Explanation:

a) The factors that distinguish consumer products are:

(1) effort the consumer spends on the decision

(2) attributes used in making the purchase decision

(3) frequency of purchase.

b) Types of Consumer Product

Convenience Product

Shopping Product

Specialty Product

Unsought Product

c) Product Examples:

Royce Poplar coffin

Patek Philippe watch

Sony Blu-ray Disc™ player

Maytag® dishwasher

Doritos Hermès Birkin bag

Zest bar soap

Goodyear Ultra Grip tires

6 0
3 years ago
On January 2, Novation Corp. replaced its boiler with a more efficient one. The following information was available on that date
grandymaker [24]

Answer:

$136,000

Explanation:

Purchase price of new boiler = $120,000

Carrying amount of old boiler = $10,000

Fair value of old boiler = $4,000

Installation cost of new boiler = $16,000

The selling cost of old boiler = $4,000

Now,

Capitalized cost of the new boiler

= Purchase price of the new boiler + Installation cost the new boiler

= $120,000 + $16,000

= $136,000

3 0
3 years ago
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