1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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 .

You might be interested in
A disadvantage of vertical integration is that by pooling demand for parts from a number of companies, a supplier may be able to
Aleonysh [2.5K]

The statement,"A disadvantage of vertical integration is that by pooling demand for parts from a number of companies, a supplier may be able to enjoy economies of scale that result in higher quality and lower cost than if every company makes its own parts" is True .

<u>Explanation: </u>

The drawback to vertical integration is that a producer can have economies of scale, and incorporate demand for components from certain companies and therefore improve quality and cost in contrast with the production of their own products by each company.

Market power is a framework in which an organization manages the microeconomics and administration supply chain. In general, a supply chain leader creates another goods or services and the products satisfy a certain criteria.

A retailer such as Wal-Mart, which has its own products, is an example of vertical integration. This owns the inventory, manages the distribution and is the seller. Because it splits the guy in between, the company will deliver a much lower price, such as the brand name drug.

8 0
3 years ago
In the process of brainstorming his goals, Robert realized his Web business was more about money than creativity. His decision t
Rasek [7]
From what I understand here, it is the company that will be creating the 5000 monthly income. This is an example of a specific measurable goal since the goal of Robert is to make sure that the monthly net income of his company would reach at least 5000. Since he is the boss of his company, this is also probably his personal mission for his company so that he will be motivated to keep on bringing his company to better heights. This will also probably motivate his employees to work harder as well.
4 0
3 years ago
Read 2 more answers
Can someone please help me
Andrew [12]

Answer:

Technology

1. Data Scientist.

data scientists help organizations to solve vexing problems. Combining computer science, modeling, statistics, analytics, and math skills—along with sound business sense—data scientists uncover the answers to major questions that help organizations make objective decisions.

2. Web Developer.

web developers are responsible for designing and developing websites and website applications.

3. Software Developer.  

Analyze users' needs and then design, test, and develop software to meet those needs. Recommend software upgrades for customers' existing programs and systems.

Explanation:

8 0
2 years ago
Read 2 more answers
One of the differences in accounting for a process costing system compared to a job order system is that the amounts used to tra
AlekseyPX

Answer:

The correct answer is letter "A": true.

Explanation:

Companies using the process costing approach accumulate and assign costs to mass production of a good. Instead, job order costing assigns costs of manufacturing to individual units of production. In process costing, the costs are reported from one department involved in manufacturing to another following the production process. On the other hand, in job order costing, the costs are reported in job cost cards as they are being used.

7 0
2 years ago
Stephen Thublin invests $1,000,000 in a 45-day certificate of deposit with 6.55% interest. What is the total interest income fro
givi [52]

Answer:

$8187

The CD has a rate of 6.55%. This rate is always annual. then, the interest paid for a year is $65.500. (360 days)

As the CD has a term of 45 days only the final interest paid is $8187

6 0
3 years ago
Other questions:
  • Briefly explain one of the parts of henry clay's proposed american system, a comprehensive plan to bring about economic improvem
    9·1 answer
  • PLEASE HELP!! What is the answer for the fill in the blank?? The options are
    15·1 answer
  • When auditors wish to issue an unmodied opinion but highlight that the entity changed its method of accounting forsoftware devel
    6·1 answer
  • Dditional Time Used: 07 minutes, 16 seconds.
    6·1 answer
  • 5. Consider the following semiannual bonds: Bond C%(per year) Maturity(years) A 0% 15 B 0% 9 C 5% 15 D 11% 9 a. What is the perc
    7·1 answer
  • Suppose the spot and six-month forward rates on the Norwegian krone are Kr 5.83 and Kr 5.98, respectively. The annual risk-free
    11·1 answer
  • Identify whether each statement describes the market period, the short run, or the long run.A.Output and the number of firms are
    7·1 answer
  • "Jack owns a local trucking company. With fuel costs being expensive, Jack wants to evaluate how much fuel, on average, he shoul
    6·1 answer
  • What is more important: everyone doing their part or the leader doing it all? Why? (Take your time)
    13·1 answer
  • The Age Discrimination in Employment Act of 1967 prohibits discrimination against employees aged _______ and older. Group of ans
    13·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!