Answer:
b. useful analytical measures.
Explanation:
All of the financial measures described in the question are all useful analytical measures used in many big companies. The more tools a company can use for their analytics the better and more accurate the results will be. Better and more accurate results then lead to better decisions on what direction to take the company.
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Answer: (C) Procurement
Explanation:
The procurement process is one of the type of business strategic function that helps in improve the growth and also the profitability of an organization.
It is the process of dealing with the various types of activities for using the various types of materials that is necessary for making the various types of products.
The main objective of the procurement process is that it helps in the talent development process, operational efficiency and the value delivery.
According to the given question, the procurement process is basically including all the activities for acquiring the various types of materials for making the actual products.
Therefore, Option (C) is correct answer.
Answer:
1. $1000 (sale price) - $800 (Dealer price) = $200
2. $200 * 10 sculptures = $2000 of total value added
Explanation:
STEPS
1)The artist pays $5,000 for the intermediate goods (scrap metal) and sells the finished goods (10 sculptures) for $1 comma 1,000 each.
The value added for the artist equals $3000
2)The art dealer pays $800 for the intermediate goods (sculptures) and sells the finished goods (sculptures) for $1000 each. Calculate the difference between the price the dealer paid for the sculptures and the amount for which the dealer sold the sculptures.
3) $1000 (sale price) - $800 (Dealer price) = $200
4) $200 * 10 sculptures = $2000 of total value added
Planning for Resources
Explanation:
The process of resources management includes:
- the development of recompense systems.
- Performance enhancement of team members.
- Track team and performances individually.
- Identifying and ensuring effective use of physical resources (control).
A main activity of a project manager is to clearly identify the roles and responsibilities and other project stakeholders using tools such as the responsibility assignment matrix.
