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4 years ago

Which term refers to the target toward which the open management system is directed?

Business

1 answer:

ipn [44]4 years ago

6 0

The correct answer is organizational objectives

Organizational objectives are the targets toward which the open management system is directed. 
Organizational objectives are derived from the organization’s Mission and Vision. An organization that is
accomplishing its objectives, is also simultaneously accomplishing its purpose and thereby justifying its reason for existence(mission)

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If your company’s product is mobile phones, do you think it would make better strategic sense to employ a multidomestic strategy

Blababa [14]

A global strategy would be appropriate since most mobile phones are constructed to work globally and buyer needs across the world are relatively universal.

Companies adopting cross-border strategies are seeking a middle ground between multilateral and global strategies. Such companies try to balance the desire for efficiency with the need to adapt to local tastes in different countries.

Unlike the Strategy, the Global Strategy is centralized and managed from headquarters, seeking to maximize global efficiency. With this strategy, the products are much more standardized than tailored to the local market.

Four major global strategies form the basis of the organizational structure of a global company. These are domestic exporters, multinationals, franchisors, and multinational corporations. Each of these strategies is pursued with a specific operational organizational structure

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4 0

2 years ago

under what circumstances should a company's management team give serious consideration to making an offer to supply private labe

SCORPION-xisa [38]

Answer:

This question is incomplete and incorrect in some parts, here is the full one:

Under what circumstances should a company's management team give serious consideration to making price offers to supply private-label footwear to chain retailers in one or more regions?

a) When the benchmarking data at the bottom of p. 7 of the latest FIR indicates that all sellers of private label footwear in that geographic region had a margin over direct costs of more than $2.50 per pair of private-label footwear sold to chain retailers

b) When chain retailers want to purchase private-label footwear with an S/Q rating that is 2- stars or more below last year's industry average for branded footwear

c) When the data in the latest Competitive Intelligence Report indicates that all of the winning bidders for P-L contracts sold more than 500,000 pairs of P-L shoes

d) When company managers conclude that the company has more than enough production capacity to produce the needed pairs of branded footwear and, based on their projections, determine that the company's profitability can be enhanced by making price offers to chain retailers and winning contracts to supply them with private-label footwear

e) When the company's market share for branded footwear in a geographic region is below the industry average and all the sellers of private-label footwear in the prior year made money on their private-label contracts

The answer is d)

Explanation:

A common misconception when it comes to manufacturing private-label goods is related to the lack of lucrativeness. Some may ask: Why should I manufacture goods for a retailer when I can sell them under my own brand?

The truth is - most companies (given their production management is efficient) have excess production capacity. That means that for a particular period, they are able to manufacture goods with a low, competitive cost per unit. Only when the production capacity is fully used, the production is optimal.

However, since most companies have a precisely defined budget for marketing, branding, packaging, distribution and logistics, sometimes it is very profitable to allocate some production capacity aimed just for products for a private-label.

This way, the costs related to marketing, branding, etc. will be transferred on to the retailer, while we reach our full production capacity in a particular geographical area of operating.

3 0

3 years ago

What term describes a planned effort to enable employees to learn job-related knowledge, skills, and behavior

mihalych1998 [28]

Answer:

Training

Explanation:

Training is a form of teaching. It is a form of providing knowledge and skills and getting accommodated with those skills. These skills and knowledge help an individual to perform tasks with efficiency and competitiveness. Training helps in developing mental, physical, and professional skills in the individual. It helps in upgrading and enhancing mental and physical skills.

5 0

3 years ago

In what accounts should the following items be classified? (a) Coins and currency. (b) U.S. Treasury (government) bonds. (c) Cer

Dimas [21]

Answer:

Explanation:

Cash: generally classify cash as a cuffent asset Cash conststs of coins, currency, and available on deposit at the bank Cash the most liquid of as*ts, is standard medium of exchange and fre basis for meas_wtng and accountmg for all other items

Cash quivalents: cash equivalents are short-term, highly liquid investments that are both readily convertible to known amount of cash.

Accounts Receivable: Receivables are clams held against customers and others for money, goods, or services

Short term investments: Investments for one year or less called as short-tem investments

Long-term assets: Long-term means more than one accounting cycle period

Items Accounts

a) Coins and currency Cash

b) U S treasury (government) bonds Cash equivalent

c) Certificate of deposit (matures in 5 months) Short term investment

d) Cash in a bank that is in receivership Account receivable.

e1) NSF check ( Returned with bank statement)(if uncollectible) A loss if uncollectible

e2) NSF check ( Returned with bank statement)(if collectible) Accounts receivables

f1) Deposited in foreign bank (exchangeability limited )(if not expendable) Other assets, if not expendable.

f2) Deposited in foreign bank (exchangeability limited )(if expendable) Cash if expendable for goods and services in a foreign country

g1) Postdated checks (if collection expected within one year) Short term investments

g2) Postdated checks (if collection expected within beyond year) long term investments

8 0

3 years ago

Which of the following actions would improve your credit score? Which of the following actions would improve your credit score?

Volgvan

Answer B is correct. Paying off your credit card bill will reduce the amount of debt you have and improve your credit score. Closing old credit cards only works if they are unused. As savings accounts are not included in a credit report, opening a new savings account will not have an effect, either negative or positive, on your credit score. Using up your credit limit will have the negative effect of lowering your credit score.

4 0

4 years ago

Read 2 more answers

Which term refers to the target toward which the open management system is​ directed?

Which term refers to the target toward which the open management system is directed?