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ArbitrLikvidat [17]
3 years ago
7

The vice president of operations of your company, which makes packaged foods, is thinking about benchmarking manufacturing proce

sses at companies with great reputations for efficiency and quality control. However, he is wondering whether the effort involved will be worth it. Which of the following are potential benefits of benchmarking for your organization? Check all that apply.
A. Benchmarking allows managers to develop the most innovative solutions for problems.
B. Benchmarking provides objective data and targets for improvement
C. Benchmarking shows the solutions others have found for common problems.
D. Benchmarking allows companies to review their internal processes in an unbiased fashion.
Business
1 answer:
disa [49]3 years ago
4 0

Answer:

The correct answer is letter "C" and "D": Benchmarking shows the solutions others have found for common problems; Benchmarking allows companies to review their internal processes in an unbiased fashion.

Explanation:

Benchmarking is an analysis that companies make of the best performer in their industries. The objective is to compare the techniques and processes to the top entity to find out which practices can be implemented in the firms to improve their efficiency and effectiveness.

<em>For the comparison to be accurate, the firm must make an unbiased study of its current method of operations. Only then, the firm can review which problems it has in common with the top-industry company and how this corporation overcame the issues.</em>

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Which of the following conflict management methods is expressed as "We should express our concerns about the conflict and sugges
Inessa [10]

Option E, the A-E-I-O-U Model  is expressed as "We should express our concerns about the conflict and suggest a solution"

<u>Explanation: </u>

The Design of Conflict Management A-E-I-O-U, The "A-E-I-O-U" approach is used to address a range of standoffs: worker-to-boss, peer-to-peer, co-founder to co-founder, and stood for recognition, expression, identification, results, and understanding. It helps customers to be conscious of confrontations.

  • A - Acknowledge: Assume that the other person is right and will resolve the dispute.
  • E - Express: Acknowledge your beneficial intention and convey your own particular concern.
  • I - Identify: Recognize what you want to do.
  • O - Outcome: People react much more favourably because they can purchase into why their acts or behaviours change.
  • U - Understanding: Mutual understanding is attained
3 0
4 years ago
What's price in economics
irinina [24]

Answer:

the amount of money that has to be paid to acquire a given product.

<em>I hope this helps! ^^</em>

7 0
2 years ago
Read 2 more answers
Natraj Corporation uses the weighted-average method in its process costing system. Operating data for the Lubricating Department
bazaltina [42]

Answer: $41,520

Explanation;

Equivalent units of production are used when some goods have not been fully processed but costs need to be attached to them. The incomplete ones will be converted to complete goods depending on how far along the production process they are.

Equivalent units for conversion costs = Transfers out during October + Ending WIP * Percentage completion

= 37,800 + (5,700 * 60%)

= $41,520

4 0
4 years ago
_____ gives the property owner an allowance for the decline in the physical condition of real estate over time.
Over [174]

Depreciation gives the property owner an allowance for the decline in the physical condition of real estate over time., the actual decline in an asset's fair value, such as the annual decline in value of factory equipment due to use and wear, and second, the allocation in accounting statements of the asset's original cost to periods during which the asset is used.

Depreciation in accounting refers to two different aspects of the same idea: first Depreciation is the process of reallocating, or "writing down," the cost of a tangible item (such as equipment) over the course of that asset's useful life.

To learn more about Depreciation, click here.

brainly.com/question/15085226

#SPJ4

6 0
2 years ago
If sales volume increases and all other factors remain constant, then the:______.
Montano1993 [528]

If sales volume increases and all other factors remain constant, then the Margin of safety will increase

Explanation:

The margin for safety (MOS) is described as an overall excess of current or expected revenue, expressed either in terms of currency or in units, or as a percentage of total revenues.

One of the main ways to increase the safety margin is through increasing the gross value per unit (if business conditions are favourable) and by reducing the variable cost per unit of the good. This can be accomplished by rising selling costs.

6 0
3 years ago
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