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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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3 years ago
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A South Korean firm wants to hedge against unpredictable movements in foreign exchange rates which can make the global capital m
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Answer:

the company should enter into a forward contract.

Explanation:

Based on the information provided within the question it can be said that the in order to achieve this the company should enter into a forward contract. This is a type of contract entered by two parties in which one is obligated to buy while the other is obligated to sell at a fixed price and at a future date regardless of changes in circumstances or economy. Therefore reducing the market risk that they buyer is exposed to.

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4 years ago
Benjamin works at an automobile manufacturing company. The country in which the company operates is facing a heavy trade deficit
klasskru [66]

Answer:

The correct answer would be Command Economic System.

Explanation:

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So in this question, government thinks that the best way to overcome the trade deficit is to increase the exports of the Sedan cars at a competitive price in the international market without seeking any advice from the automobile manufacturers. This type of economic system is called the Command Economic System.

7 0
4 years ago
Which mode of transportation typically has the highest value-to-weight ratio? (Food for thought as you answer this question: Thi
mr Goodwill [35]

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Explanation:

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The diamonds and coal are a different example of the weight ratio. They are two types of carbon but they are of very different weight ratios. For diamonds, air and private jet charter can be well justified, depending on the size and value of the shipment.

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4 years ago
Text Problem 5
Alik [6]

Answer:

Please find the answer in the attached image

Explanation:

Please find attached the table used in answering this question

Marginal benefit is the change in total benefit when consumption is increased by one unit

Please find attached the image used in answering this question

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