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horrorfan [7]
3 years ago
8

Michael is the project manager in a Manufacturing Company he wants his organization to use technology for higher revenue and pro

ductivity what should Michaels company do​
Business
2 answers:
Irina-Kira [14]3 years ago
6 0

Answer:

Stablish a Project that aims to make a technological improvement in the actual assets using for the production. The project can be financed by external debt or by allocating part of the revenue to it-; That will ultimately depend on the financial health of the company.

adell [148]3 years ago
5 0

Answer:

He should propose a plan/model highlighting the benefits of using technology in manufacturing, to the higher management of the company.

Explanation:

Since the world is moving towards technological advancements and digitization, it is important to keep up with the face pace of the industry in adapting new things so that the profit doesn't hurt and the company achieve stability. Hence, Michael should try to convince the upper management by highlighting all the benefits that the company can achieve only if they move towards technological advancements.

Hope this answer helps you. Thanks.

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Providing an analysis for a company regarding adding a particular product line, retracting sales markets, or dealing with risks
strojnjashka [21]

Answer:

The correct answer is True.

Explanation:

The managerial accountant has to become a key pillar in the correct measurement of business performance, in the decision making of senior management and in the development of company strategies, to help it, not only to survive but to generate competitive advantages, in a globalized business world, increasingly growing and hostile.

Because, in addition to being a function of extreme importance, for any business organization, it faces tremendous challenges, such as technological changes and the intensification of international competition. Business leaders and executives are currently in the process of looking for new ways to manage and run their companies. However, it is not only the magnitude of the changes, which causes problems for organizations, but the increasing speed with which they are going.

In fact, Management Accounting systems emerged to provide information, support management and control of companies, and to promote efficiency in the organization.

------

NOTE: If you need to extend the explanation given, you can make a comment or add a new question. I will be very pleased to help you.

6 0
3 years ago
Shyla conducted an experiment. she went to the student union and asked people if they would like to be subjects in her study. sh
Assoli18 [71]
No!
It's biased. Grumpy people have a right to have their opinions known just as well as cheerful people. Grumpy looks are momentary. They can be brought about (especially at a University) by math problems that are illusive, by girl friends (or boy friends), that are illusive, by something for lunch that was barely edible, by any number of things. 

She should ask people on some sort of other scale that is more random.
7 0
3 years ago
Relationships influence the meanings that are given to words.<br> O True<br> O False
Elena-2011 [213]
......................True
4 0
3 years ago
Oxford Company has limited funds available for investment and must ration the funds among four competing projects. Selected info
ddd [48]

Answer: Please refer to Explanation,

Explanation:

1. The Profitability Index is a ratio analysis instrument that measures the amount of payoff per Investment. It is calculated with the following simple formula,

= Net Present Value / Investment Required.

Project A

= 473,750/ 860,000

= 0.55

Project B

= 354,930/ 675,000

= 0.53

Project C

= 170,895 / 560,000

= 0.31

Project D

= 169,190 / 760,000

= 0.22

2. - According to Net Present Value

a. Project A

b. Project B

c. Project C

d. Project D

- According to Project Profitability Index

a. Project A

b. Project B

c. Project C

d. Project D

- According to Internal Rate of Return

a. Project A

b. Project D

c. Project B

d. Project C.

4 0
3 years ago
David ricardo believed that:
inessss [21]
Trade will benefit countries when it generates gold and silver for the national treasury.
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3 years ago
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