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dimulka [17.4K]
3 years ago
13

How should an organization design its structure and culture to obtain a core competence in manufacturing and in research and dev

elopment? What is your reasoning?
Business
1 answer:
nekit [7.7K]3 years ago
6 0

Answer and Explanation:

core competency of an organization comprise it's multiple resource, capabilities and skills that gives it a competitive advantage in the market. It was originated in management theory by C. K. Prahalad and Gary Hamel.

For an organization to have core competencies in manufacturing and also research and development putting it's organizational structure and culture to use, it has to:

create a flexible and somewhat independent structure for it's research and development department such that innovation is easy. Control must be decentralized and the team must come first

For the manufacturing department, an organic and participative approach should be encouraged. This would allow inclusive management such that workers are included in decision making processes. Managers should also be given more independence while workers should increasingly be empowered

the organization should also take stringent measures in employing the right people for the research and development as well as the manufacturing department such that these individuals are qualified and possess the needed expertise for their areas. Staff should equally be empowered through constant education and new skill acquisitions and be allowed to impart this knowledge on other staff by encouraging transfers in global expansion.

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Gabi is visiting a new city for work and wants to get breakfast before she walks to the office. Since she is unfamiliar with the
dlinn [17]

Explanation:

Gabi's Starbucks experience is a clear example of creating brand value for the consumer, who easily recognizes and chooses it, as she has had previous experiences that have characterized her as positive in her mind, which reinforces brand equity, which is an intangible value and related to unconscious and psychological aspects of the customer.

Brand building is of utmost relevance to value creation, must be very well thought out by marketers, and well targeted to attract a certain audience and to be in accordance with brand identity, one needs to think even the details , such as color, logo, slogan, as well as advertising, promotion, consumer experience, and other tangible and intangible aspects that will help consumers easily recognize a brand and choose it from others.

The consolidation of a brand and the creation of value guarantee the achievement of competitive and strategic advantages in the market.

5 0
3 years ago
Stephanie, Inc. sells its product for $40. The variable costs are $18 per unit. Fixed costs are $16,000. The company is consider
Yuliya22 [10]

Answer:

It will increase

Explanation:

Before the purchase of the automated machine, break even point is computed as follows:

Sale price: $40

Less variable cost: $18

Therefore, contribution per unit = $40 - $18 = $22.

With fixed cost at $16,000, breakeven point in units = \frac{Fixed Cost}{Contribution}

= 16,000/22

Break even cost = 727.27 units.

With the purchase of the automated machine, break even point is computed as follows:

Sale price: $40

Less variable cost: ($18 - $2) = $16

Therefore, contribution per unit = $40 - $16 = $24.

Fixed cost = $16,000 + $5,000 = $21,000.

Breakeven point in units = 21,000/24

Break even cost = 875 units.

Therefore, breakeven point will increase as a result of the purchase of the automated machine.

4 0
3 years ago
You have been newly employed in a very reputable organisation in one of the following industries: agriculture, banking, “oil and
mel-nik [20]

Answer:

We have to answer all the questions.

7 0
3 years ago
Hicks Health Clubs, Inc., expects to generate an annual EBIT of $750,000 and needs to obtain financing for $1,200,000 of assets.
Zepler [3.9K]

Answer:

Hicks Health Clubs, Inc. earnings after taxes will change by minus $10,800 if they choose the more aggressive financing plan instead of the more conservative plan.

Explanation:

Note: I experienced a difficulty submitting the explanation here. Kindly find attached the full answer and explanation in the attached Microsoft word document.

Download docx
8 0
3 years ago
GDP is the market value of: A. Resources (land, labor, capita, and entrepreneurship) in an economy in a given year B. All final
frutty [35]

Answer:

B) All final goods and services produced in an economy in a given year

Explanation:

That's the definition of GDP, gross domestic product. By virtue of the name, it's the total product (output) of a given economy. It's measured through the values of all final goods and services, so as to not count the same good or service twice.

3 0
2 years ago
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