Answer
The answer and procedures of the exercise are attached in the following archives.
Explanation
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.
Answer:
Option B. Implement process innovations that lower per unit costs
Explanation:
The reason is that the controlling cost will give cost advantage over the competitors and will let the company to compete at a better platform making greater number of sales and driving maximum sales which will also give economies of scale. Economies of scale is the benefits of additional costs savings that comes with the additional manufacturing of the product which means that greater the manufacturing the greater would be the savings of costs. So economies of scales give competitive advantage over the rivals so the correct option is B.
Answer:
Controlling
Explanation:
One of the various responsibilities of a manager (management function) is controlling.
In the controlling function, which is usually preceded by other functions such as planning, staffing and leading, it is very important for a manager to control the activities of the subordinates to ensure that they are working towards organization goals, as well as rewarding employees for their good works and also putting them in check when they do not do a good job.
Cheers.
Answer:
At one time, the centrally planned economy of China encouraged farmers to produce iron in their backyards, rather than have factories make iron. This proved unsuccessful, since most of the farmers' iron was of poor quality. Why do you think this approach was unsuccessful? How could this experiment become a success in a free market economy?
The reason why the approach whereby farmers make iron in their backyard could not work out is as a result of not being inclined in that market as they are only skilled in agriculture, also they do not understand the rhetorics of the business.
The experiment would be a success in a free market as anyone is allowed to sell such product, this gives room for competition and helps to price reduction which is good for the consumers, also it would help in improvement of such product's quality because of competition involved
Explanation:
In the swim-lane format of a business process model, all <u>activities</u> are given a swim-lane.
Business process modeling in business system management and systems engineering is the interest of representing procedures of an organization, in order that the current commercial enterprise methods can be analyzed, stepped forward, and automated.
Business process Modeling Notation (BPMN) is a float chart technique that models the steps of a deliberate enterprise system from cease to quit. A key to commercial enterprise manner management, it visually depicts an in-depth series of business sports and statistics flows needed to finish a procedure.
A swimlane diagram is a type of flowchart that delineates who does what in a technique. Using the metaphor of lanes in a pool, a swimlane diagram gives clarity and accountability by way of placing system steps in the horizontal or vertical “swimlanes” of a specific employee, working institution, or branch.
Learn more about Business here brainly.com/question/18307610
#SPJ4
