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ikadub [295]
3 years ago
8

Internal processes of a company contribute to the company's overall effectiveness. Identifying ways to improve internal processe

s helps build a highly efficient organization. Root causes need to be identified. Methods to identify root causes may require substantial analysis or be apparent based on a major problem within the organization.
Business
1 answer:
Contact [7]3 years ago
6 0

Answer:

Explanation:

Internal processes of a company contribute to how effective the company runs. Looking for areas and ways to improve the internal processes will aid in building an organization that is highly efficient. The major causes needs to be known.

Ways of identifying the root causes might not be possible until basic analysis is carried out or sometimes it might be visible depending on the major problem facing the organization internally.

Internal process of a company increase the effectiveness of such company, identifying how to improve these internal processes helps to build an organization that is highly efficient.

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which reason for holding inventory is exemplified when a firm builds up stock because they anticipate rising profit levels in th
Natali [406]

The expenses incurred for keeping goods or inventory in a warehouse are known as inventory holding costs.

<h3 /><h3>What is inventory holding cost?</h3>
  • The expenses incurred for keeping goods or inventory in a warehouse are known as inventory holding costs.
  • Inventory that is kept on hand is a liability that reduces profit margins and raises operating costs for firms.
  • Inventory holding expenses include rent for the facility, security fees, depreciation costs, and insurance.
  • To reduce stock-out costs, merchandise is kept on hand.
  • To ensure that no consumer leaves empty-handed, all businesses must forecast the demand for their products and maintain inventories of raw materials, finished goods, work-in-progress, and consumables.
  • Within a single supply chain, inventory holding costs are computed as a portion of the overall inventory costs.
  • Storage, insurance, labor, transportation, depreciation, shrinkage of the inventory, spoilage of the inventory, obsolescence, and opportunity costs are some of the costs.

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5 0
1 year ago
The presence of formal labor organizations in the united states dates back to the
ivann1987 [24]
HEY THERE. 

THE CORRECT ANSWER IS <span>The presence of formal labor organizations in the united states dates back to the LATE 1700S 

HOPE IT HELPS THANK YOU :)
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6 0
3 years ago
What is the book of first entry​
taurus [48]

Answer:

Journals

Explanation:

“books original entry refers to the accounting journals in which business transcriptions are initially recorded the information in these books are summarized and posted into a general ledger from which financial statements are produced"

3 0
3 years ago
What are the 4 main factors of production? Give two examples for each one.
NeTakaya

Answer:

land

labour

capital

entrepreneur

Explanation:

land

examples include waterbodies and land forms like plateau and ridges

capital

include monetary wealth i.e money and machinery

entrepreneur

includes sole proprietorship and partnership

labour

include skilled and unskilled labour

5 0
2 years ago
Read 2 more answers
When businesses collect demographic information on where people live, what they buy, and how they spend their time, they are res
snow_tiger [21]

Answer:

Social environment.

Explanation:

When businesses collect demographic information on where people live, what they buy, and how they spend their time, they are responding to the social environment. The social environment comprises of values, beliefs, practices, customs and behaviors of a group of people living together in a society and how their actions influence their surroundings or environment.

Demographics can be defined as the study and analysis of the characteristics of a population based on pre-defined factors such as education, race, income, sex or gender, and age.

Additionally, businesses gather, analyze and use demographic informations about people in the target market so as to have a competitive edge or advantage and to help build a strong relationship.

7 0
3 years ago
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