Answer:
The answer is B) "lower the prices that customers pay."
Explanation:
Actually, to increase capacity during high demands, the company do not need to lower the prices that customers pay but rather in crease the prices. According to law of demand and supply, the higher the demand, the more the price. Also, the company may also open another new branch for more production, approve overtime work and wages for employers, create more shifts and even subcontract part of the production to another company to ensure faster process but with same quality.
Answer: Option C
Explanation: Moral hazard refers to a situation when an individual starts taking unnecessary avoidable risks, knowing that the potential loss will be bore by someone else.
In the given case right option is C, as the most effective way to avoid moral hazard is to hire those consultants who have a good image in market of not shirking and performing their duties well.
<span>According to Lawrence and Lorsch, the stability of an organization's environment determine(s) the degree of differentiation or integration that is necessary.
Lawrence and Lorsch developed the contingency theory which involves organizations and changes in the environment. They watch how organizations change and perform based on what is changing around them and then how they adapt to the change.
For them, differentiation is defined as organization systems breaking into smaller subsystems. Integration is defined as how well the subsystems work together to complete the overall task of the organization.
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Answer:
the Days sales outstanding is 49 days
Explanation:
The computation of the days sales outstanding is shown below:
Days sales outstanding is
= Average accounts receivable ÷ Credit sales × 365 days
= (($520.2 million + $486.6 million) ÷ 2) ÷ $3,749.9 million × 365 days
= 49 Days
hence, the Days sales outstanding is 49 days
We simply applied the above formula so that the correct value could come
And, the same is to be considered
Answer: Knowledge Management System
Explanation: The Knowledge Management System refers to a system for the implementation and application of concepts of knowledge management.
These include market growth targets guided by results, a competitive market prototype, application of business analysis, and much more. A knowledge control system consists of various application modules which are managed by a separate functionality.
Most of these technologies, together with the access or exchange of electronic records, can enable data processing about consumer feedback and history. Such systems can help prepare and direct employees, bring better sales or assist business executives in making critical choices.