Answer:
- Used its fixed assets more efficiently.
- Had a greater increase in sales relative to its fixed assets.
Explanation:Fixed assets are long term assets that a company acquires,they are also tangible and are non current in nature. This type of assets appear in a company's balance sheet buildings,equipments,lands etc.
WHEN A FIXED ASSET IS EFFICIENTLY UTILIZED IT WILL CONTINUE TO GIVE A HIGHER TURNOVER.
IT CAN ALSO MEAN THAT THE ASSET HAD A GREATER INCREASE IN SALES RELATIVE TO ITS FIXED ASSET.
Answer:
No doubt the question is pointing at the term described,which is operating strategies concern
Explanation:
Operating strategies concern involves action plans developed at the operation strategic level to align business resources and capabilities to the long-term goals of the business.
Majority of the action plans initiated at the operational side of the business are short-term in nature,hence operational strategies concern aimed at bridging the gap between the long-term goals of top management and the short-term objectives of junior managers by developing long-term plans for operations.
Top management use certain performance measures to gauge the progress made in operating strategies concern.
Answer: B. It may help a firm achieve experience curve and location economies
Explanation: Exporting is defined as the act of conveying or sending commodities abroad or to another country, in the course of commerce. Exporting provides a distinct advantage to firms in that it helps them achieve experience curve (which posits that the more experience a business has in the production of product, the lower its costs in producing the product) and location economies (the production of a good or product under the most optimum settings that confers an added advantage in cost of productions over their competitors).
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