To maximize its profitability, a firm must configure its internal operations, such as manufacturing, marketing, logistics, information systems, human resources, and so on, so that they support that position.
Answer:
Realidades 2 WKBK page 109
Explanation:
Realidades 2 WKBK page 109
<span>A strong culture should reduce employee turnover because it results in </span>cohesiveness and organizational commitment.
Answer:
Wilson previously worked as an accountant, earning $3,000 a month.
Explanation:
Implicit costs or opportunity costs are the extra costs or benefits lost from choosing one activity or investment over another alternative.
In this case, Wilson had to quit his former job as an accountant in order to open his health club. So the salary that Wilson could have earned as an accountant would be the opportunity cost of opening his club.
<span>The NPV function calculates the net present value of an investment, given a fixed discount rate.</span>
