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vladimir1956 [14]
3 years ago
13

Ming is a manager for a large food service company. She has the authority to determine whether or not the company should expand

into new regions and/or expand the company's product line. What level of management does Ming represent? Multiple Choice a.middle management b.top management c. first-line management d. product management e. operations management
Business
1 answer:
Irina18 [472]3 years ago
4 0

Answer:

B. Top Management

Explanation:

As Ming is a manager for a large food service company. She has the authority to determine whether or not the company should expand into new regions and/or expand the company's product line. She is working at the Top Management level. Top level manager are responsible for making the vision and mission of the organization and then generating and developing strategies and goals to achieve that vision and mission. They are responsible to see the bigger picture for the organisation. They decide what business we should be in and what businesses we could be in. They make broader strategic intent for the firms and make the firm's focus on the bigger picture and horizon. Ming has to do the same here, she has to decide about the strategic intent of the organization that whether they should expand the product line or not, they should enter into new regions or not, whether to expand or not to expand.

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If the scale of a single producer is small relative to the demand for an undifferentiated good, the market structure of the prod
dalvyx [7]

The market structure of the producer will be described as ''Perfect Competition".

As in perfect competition, there are homogenous goods or products from different sellers involved in the market. While monopoly completion also involves many sellers but the products in the market are differentiated (non-homogenous).

Undifferentiated or homogenous goods are less effective on the market as there are too many sellers in the market. Due to that in the above condition a producer is producing the respective goods on a smaller level.

So, he will not affect the market and this clearly shows that the market is perfectly competitive by structure.

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3 0
2 years ago
"An unaffiliated investor wishes to sell a large amount of "144" shares. This person can do so, without being subject to the Rul
tekilochka [14]

Answer: 6 months

Explanation:

The Securities and Exchange Commission (SEC) of the United States uses Rule 144 to control and regulate sales transactions involving restricted, unregistered, and control securities.

When an unaffiliated investor to a company whose stock falls under Rule 144 wishes to sell them, they are indeed not bound by volume limitations if they sell after the holding period requirement of 6 months has been met.

This means that from the day the unaffiliated investor purchases and fully pays for the shares, they cannot sell them until 6 months from that very day have elapsed.

4 0
3 years ago
There are two machines for sale that you are considering purchasing for your sawmill to produce hardwood flooring. You want to f
vladimir2022 [97]

Answer:

1. The Cpk of machine 1 would be 0.952

2. The Cpk of machine 2 would be 1.111

3.  I would buy machine 2, because the Cpk value is more than 1.

4. The Cpk would be 2.222

Explanation:

1. In order to calculate the Cpk of machine 1 we would have to use to following formula:

Process capability index: Cpk= Min [(mean-L spec)/3sd; (U spec-mean)/3sd]

According to given data:

In machine 1, mean= 48mm

L spec= 46

U spec= 50

Standard deviation sd= 0.7

Therefore, Cpk of machine 1= [0.952;0.952]= 0.952

1. In order to calculate the Cpk of machine 2 we would have to use to following formula:

Process capability index: Cpk= Min [(mean-L spec)/3sd; (U spec-mean)/3sd]

According to given data:

In machine 2, mean= 47

L spec= 46

U spec= 50

Standard deviation sd= 0.3

Therefore, Cpk of machine 2= [1.111;3.333]= 1.111

3. If my goal is to be capable, I would buy machine 2, because the Cpk value is more than 1.

4. If you combine the best of both machines to calculate the cpk we to make the following calculation:

Combination specification, mean= 48 and L spec= 46 and U spec= 50, Standard deviation sd= 0.3

Therefore, Cpk= [2.222;2.222]= 2.222

5 0
3 years ago
Draw a supply curve, and assume it is the supply curve for processors. suppose the price of gold increases. gold is an input use
Arlecino [84]

Explanation: When the price of gold an input used in the production of processors increases, it leads to a rise in the cost of producing processors. As a result of this, producers will cut down their production and decrease supply. The supply curve for processors will shift upward to the left from S1 to S2 leading to a rise in the price of processors from P1 to P2 and a fall in the quantity of processors being sold in the market from Q1 to Q2.

6 0
3 years ago
Assume Ireland and Mali can both produce grain and dates, and that the only limited resource is the farming labor force, meaning
likoan [24]

Answer:

a. Which country has the absolute advantage in producing dates?

Mali

b. Which country has the absolute advantage in producing grain?

None

c. Which country has the competitive advantage in producing dates?

Mali

d. Which country has the comparative advantage in producing grain?

Ireland

Explanation:

Opportunity cost of producing dates:

Ireland = 10 / 5 = 2 tons of grains

Mali = 10 / 25 = 0.4 tons of grains

Opportunity cost of producing grains:

Ireland = 5 / 10 = 0.5 tons of dates

Mali = 25 / 10 = 2.5 tons of dates

7 0
3 years ago
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