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ki77a [65]
3 years ago
12

The process of identifying other organizations that are best at some facet of your operations and then modeling your organizatio

n after them is known as ________. Question 1 options: A) continuous improvement B) copycatting C) reverse engineering D) employee empowerment E) benchmarking
Business
1 answer:
TiliK225 [7]3 years ago
5 0

Answer:

The correct answer is letter "E": benchmarking.

Explanation:

Benchmarking refers to a study a company makes of the best performers of its industry in an attempt to identify their strategies so they can be compared to the ones of the firm conducting the research. The comparison aims to spot improvement areas and to adapt the good practices according to the business operations. Benchmarking should be conducted periodically by institutions that attempt to keep up to the pace of leading competitors.

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Sheridan Company has several outdated computers that cost a total of $18200 and could be sold as scrap for $6200. They could be
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Answer:

$18200

Explanation:

Sunk cost is cost that has already been incurred and cannot be recovered. It should not be considered when making future decisions.

The computers costs $18200. This amount has already been incurred and it cannot be recovered.

8 0
2 years ago
Data about the size and composition of a population are gathered in a survey called
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Systematic acquisition and recording information concerning members of a given population is called census. This involves collecting and gathering data about the size and the composition of a population in a given country or nation. In the U.S for example census is undertaken after every ten years which involves tallying the population in the country and recording basic information such as age, sex and race. The census is used by the federal government among other reasons to establish the allocation of funding for education programs in the communities and states
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3 years ago
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4. What is another name for a command economy?
USPshnik [31]

Answer:

planned economy

Also known as a planned economy, command economies have as their central tenet that government central planners own or control the means of production within a

Explanation:

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2 years ago
The originate-to-distribute business model has a serious ________ problem since the mortgage broker has little incentive to make
Ira Lisetskai [31]

Answer:

Principal-agent.

Explanation:

This problem comes to play when one has to make decisions on behalf of another person.

The principal-agent problem is a conflict in priorities between a person or group and the representative authorized to act on their behalf. An agent may act in a way that is contrary to the best interests of the principal.

It can occur in any situation in which the ownership of an asset, or a principal, delegates direct control over that asset to another party, or agent.

3 0
2 years ago
Luis regularly reminds his team members of the purpose of their work and why they are important to the organization. he also reg
Akimi4 [234]

Answer:

Transformational leadership style.

Explanation:

Transformational leadership creates positive change in the people and environment being led, and seeks to empower followers to better themselves and ultimately become leaders too.

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3 years ago
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