Answer:
The benefits of greenfield ventures are:
- Investors have larger control over the business they are creating fro scratch rather than acquiring an existing local business.
- The investor can avoid intermediary costs.
- The investor also has the possibility of setting their own marketing strategies.
Greenfield ventures means that the subsidiary will be built from scratch, which allows the parent company to fully shape its subsidiary as they want.
Answer:
A technological advance makes it possible to produce more of good X with less labor. As a result, labor is released from producing good X. Some of this labor ends up producing goods Y and Z.
Explanation:
The answer is Deming management.
Deming management is a type of management that focuses on building and maintaining organizational structures that produce high-quality results.
It involves putting management scholar W. Edwards Deming's principles into practice.
Deming defined management as the establishment and ongoing development of organizational systems.
Customers of the company's goods or services will receive a raise in value as a result of the deployment of such a creative and improved management system. In today's globally competitive environment, which is characterized by quickly evolving technology and customers' aspirations for greater standards of values, continuous improvement is crucial to the management system.
Continuous improvement is the process of constantly refining and enhancing organizational processes, services, and products to produce better value for customers.
Hence, According to Deming management, managers should fix an organization's problems by improving its structure, culture, and work rules while treating employees well.
Learn more about management:
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Answer:
Apr = 11.11%
Explanation:
Given:
Discounted amount = $5,000
Number of year = 1
Quoted rate = 10%
Find:
APR
Computation:
Actual loan amount = $5,000[100%/(100%-10%)]
Actual loan amount = $5,000[100%/(90%)]
Actual loan amount = $5,555.56
A = P(1+r)¹
5,555.56 = 5,000( 1 + r )
1.1111 = 1 + r
APR = 0.1111
Apr = 11.11%
Answer:
Reduce volatile air emissions 15 percent by 2015 from 2010 base year, indexed to net sales. (3M) Cut corporate overhead costs by $30 million per year. (Fortune Brands)
Explanation:
The financial strategic objective refers to an objective in which the organization wants to mentioned about the change in the items of a financial statements like increase in growth in sales, increase in net earnings, etc
According to the given options, the last option is correct as in this no improvement is to be shown in terms of growth
Therefore the last option is correct
