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bija089 [108]
3 years ago
12

Benchmarking is the process of comparing other organizations’ activities against the practices used in one’s own organization to

produce results it would like to duplicate. _________________________
Business
1 answer:
mina [271]3 years ago
8 0

Answer:

The correct answer is True.

Explanation:

Benchmarking is a continuous process by which the products, services or work processes of leading companies are taken as a reference, to compare them with those of your own company and then make improvements and implement them.

It is not about copying what your competition is doing, but learning what leaders are doing to implement it in your company by adding improvements. If we take as a reference those who stand out in the area that we want to improve and study their strategies, methods and techniques to subsequently improve and adapt them to our company, we will achieve a high level of competitiveness.

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Market Research Reading Quiz QUESTION 5 of 10: Market research concerns what aspects of your target market: a Characteristics b)
Sedaia [141]

Answer:

Do you still neeed help

Explanation:

6 0
3 years ago
Nonuniform Inputs, Equivalent Units Terry Linens Inc. manufactures bed and bath linens. The bath linens department sews terry cl
anyanavicka [17]

Answer:

For Material 80,000

For Conversion 72,000

Explanation:

The computation of equivalent units of production for the bath linens department for August is shown below:-

                                     <u>Materials</u>               <u>Conversion</u>  

Units completed and

transferred out              60,000                   60,000

Units in process,

August 31                      20,000                   12,000

                                                               (20,000 × 60%)

Equivalent units of

production                   80,000                   72,000

Therefore to reach out the equivalent units of production we simply added the units completed and transferred out with Units in process Aug 31 of material and conversion.

4 0
3 years ago
What do you mean by modern technology?
KonstantinChe [14]
Modern technology is simply an advancement of old technology, the impact of technology in modern life is unmeasurable, we use technology in different ways and sometimes the way we implement various technologies ends up harming our lives or the society we leave in.
3 0
3 years ago
The ___________ is the only price where quantity demanded is equal to quantity supplied.
zmey [24]
<span>The equilibrium Price.</span>
6 0
3 years ago
Wagner Industrial Motors, which is currently operating at full capacity, has sales of $2,330, current assets of $670, current li
zimovet [89]

Answer: $81.85

Explanation:

Additional Equity financing needed = Projected Assets - Projected liabilities  - Projected increase in retained earnings - Current equity

Projected Assets = (Current Assets + Fixed Assets) * ( 1 + growth rate)

=  ( 670 + 1,520) * ( 1.10)

= $2,409

Projected Liabilities = 360 * 1.1

= $369

Projected Increase in Retained earnings

= Sales * ( 1 + growth rate ) * profit margin

= 2,330 * 1.10 * 5%

= $128.15

Current Equity = Assets - Liabilities

= 670 + 1,520 - 360

= $1,830

Additional Equity financing needed next year= 2,409 - 369 - 128.15 - 1,830

= $81.85

5 0
2 years ago
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