1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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.

You might be interested in
Suppose the government misjudges the natural rate of unemployment to be much lower than it actually is, and thus undertakes expa
vredina [299]

Answer:

2. in the short run, as aggregate demand increases, unemployment is reduced.

Explanation:

The government misjudging the natural rate of unemployment to be much lower than it actually is, and thus undertaking expansionary fiscal and monetary policies to try to achieve the lower rate. These policies might at first succeed because in the short run, as aggregate demand increases, unemployment is reduced due to the expansionary policies.

5 0
3 years ago
Read 2 more answers
Using policy to stabilize the economy The government has the ability to influence the level of output in the short run using mon
amm1812

Answer:B. Opponents of active stabilization policy believe that significant time lag in both fiscal and monetary policy often excercebate economic fluctuations.

C. Advocate of active stabilization policy believe that the government can adjust monetary and fiscal policy to counter waves of excessive optimism and pessimism among consumers and business.

Examples of automatic stabilizer

A. Corporate income taxes

B. Personal income taxes

Explanation:

Stabilization policy helps to stabilize the economy during expansionary or deficit period however a lag in the implementation will surely affect getting the right outputs from the implementation.

The economy has inbuilt stabilizer s that tend to correct excessiveness in economy such as the personal and corporate tax . The federal fund rate will be adjusted as the need be to stabilizer the economy even though it can be used as a stabilizer but it's not an automatic stabilizer.

5 0
3 years ago
Suppose that DiamlerChrysler is considering changing its production operations from an assembly line in which each employee adds
denis-greek [22]

Answer:

Sequential interdependence on the line to pooled interdependence between the teams

Explanation:

Sequential interdependence occurs when a persons output is necessary for the performance of the next persons input. Perhaps the most obvious example of sequential interdependence is an assembly line.

While pooled interdependence he team accomplishes its tasks simply by bringing together everyone’s separate efforts. Like in DamierChrystern when the team work together to build the total car with the team deciding whi does what task. To be a team you need a team task — it requires that members actively work with each other to accomplish it

4 0
3 years ago
Lorraine works for a company that does not pay very well. She relies heavily on extra paychecks that her company gives out a cou
Nataliya [291]

Answer: Bonus pay plan of individual-level performance-based pay

Explanation:

In this scenario, an extrinsic reward used here is the bonus pay plan. An extrinsic reward simply means a reward that is being given to the employee of a particular company after a particular thing has been achieved.

Here, a bonus pay plan of individual-level performance-based pay is being used. A bonus is given to the employee for meeting a particular requirements. Bonus are calculated base on either the percentage of ones wages or salaries or by using a flat rate.

3 0
3 years ago
Marketplaces - 8th - Business Tech
mr_godi [17]

Answer:

low

Explanation:

cost of borrowing money is less

4 0
2 years ago
Other questions:
  • It takes K’s Boutique an average of 53 days to sell its inventory and an average of 16.8 days to collect its accounts receivable
    12·1 answer
  • Lucinda buys a new gps system for​ $250. she receives consumer surplus of​ $75 from the purchase. what value does lucinda place
    12·1 answer
  • Which of the following statements is correct with respect to a limited partnership?
    6·1 answer
  • Present value​ (with changing interest​ rates). Marty has been offered an injury settlement of ​$12 comma 000 payable in 3 years
    14·1 answer
  • The major drawback of most fad diets is:
    14·1 answer
  • A​ zero-coupon bond can be redeemed in 20 years for $ 10 comma 000.$10,000. how much should you be willing to pay for it now if
    8·1 answer
  • Fidelity Systems reports net income of $81 million. Included in that number is depreciation expense of $9 million, and a gain on
    8·1 answer
  • . If Canace Company, with a break-even point at $313,500 of sales, has actual sales of $570,000, what is the margin of safety ex
    5·1 answer
  • those making more than $200,000 are the primary beneficiaries of the home mortgage interest deduction.
    13·1 answer
  • if a marketing department will create an advertising campaign for cereal in an effort to increase sales by 12% by the end of the
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!