Answer: Thinking laterally
Explanation:
Lateral thinking simply refers to an indirect way of solving problems. It typically involves a new and creative way of doing something.
This can be seen in Nokia's dramatic operational change and demonstration of organizational adaptability in transforming their business from wood pulp and logging to communications.
Lateral thinking is a new and innovative wa of doing something that's quite different from how others do it. This usually gives an organization a competitive advantage over its rivals.
Answer:Hello! i am figuring this question out for you! one moment
Explanation:
Answer:
(a)service life refers to the time an asset will be used by a company and physical life refers to how long the asset will last.
Explanation:
Major difference between service life and physical life of an asset is about the tenure it will be used as the service life is the total duration the asset will be operative and useful, whereas the physical life is the entire duration along with the time it was not put to use of an asset.
The more useful component is the service life, as during the entire tenure of physical life the asset cannot be used, and viable period is service life.
Therefore, correct statement is
(a)service life refers to the time an asset will be used by a company and physical life refers to how long the asset will last.
<u>Answer:</u>
Penelope is working on a large project. The sequence by which she should perform these tasks in order to be productive are as follows:
1. Break up the project into simpler tasks.
2. Prioritize tasks.
3. Create an action plan.
4. Make a schedule.
5. Delegate work.
<u>Explanation:</u>
Before starting to work on a larger projects, one must know what are all the tasks to be done. The first step one must do is to split the larger project into smaller ones. This makes us to segregate the smaller tasks from the larger ones. The second step is to prioritize the tasks based on their significance. This will help us to determine which ones need to be done first and which one at last.
The third one is to make an action plan. Planning aids us to arrange everything in the correct order. It is like making a note of the activities which has to be done to complete the given project in time. A proper planning is half way through the battle.
The fourth step is one of the most important steps. Scheduling helps us to complete the project before the deadline. It helps us to optimize and control the work process. This is one of the determinant factors which marks the completion of the project.
The last step is to split up the tasks to others. One cannot manage all the things when it comes to a large project. So, one must split up the work to get it all done for easy completion of the project.
Answer:
True
Explanation:
Labour rate (indirect cost) = $40 per hour
Labour rate (Direct cost) = $22 per hour
The total cost per hour is $40 + $22 = 62
For five hours the total labour cost will be = 62 * 5 = £310
According to the results, Mumbai travel will make a profit of $ 40.