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zzz [600]
3 years ago
10

"Markets are not always perfectly competitive and some firms consistently outperform industry averages. This suggests that firm

performance is also influenced by the presence of bright, motivated managers and their keen sense of innovative products or processes"
Business
1 answer:
Mekhanik [1.2K]3 years ago
3 0

Answer:

Effectiveness, Efficiency in management to achieve organisation goals/ objectives - survival, profit & growth : can make some firms consistently outperform industry averages

Explanation:

Effective & Efficient Management , keen to make organisation achieve its short term & long term goals : can make firm(s) outperform industry average.

Management is the art of getting things done with the aim of achieving organisation goals/ objectives . Organisational objective include : Survival , Profit (market standing) & Growth (innovation) . Effectiveness (getting things done on time) & efficiency (getting best output out of least input) are core aspects of organisation goals achievement.

Good management is very crucial to an organisation's successful performance.  It can make organisation achieve right targets at the right time in the right manner. This correct coordination of activities, time & manner can make an organisation realise its potential to the fullest & outshine in its industry.

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AFLAC, Inc. is implementing a new sales program to encourage customer service representatives to offer additional insurance prod
kari74 [83]

Answer:

B. ​cross-selling

Explanation:

Cross-selling is a business technique that consists in offering and selling a new product to an existing customer.

In this case, AFLAC, Inc is using cross-selling because its sales representatives will specifically target customers who already have some sort of service with the firm.

It is important for AFLAC, Inc to offer an additional product that actually enhances the value for the customer. Otherwise, the firm risks disrupting the relationship with its customers, and could even lose some of them.

3 0
2 years ago
In macroeconomics, ___________________________ describes a situation in which two people each want to exchange some good or serv
Flura [38]
A double coincidence of wants
8 0
2 years ago
Quality experts agree that quality can be assured only during the: design phase production phase sales process marketing campaig
DedPeter [7]
What are complementary goods? Explain how a change in the price of a complementary good can act as a demand shifter.
5 0
2 years ago
Direct material budget. Dawson Co. produces wine. The company expects to produce 2,535,000 two-liter bottles of Chablis in 2018.
mars1129 [50]

Answer:

2,558,000 bottles

Explanation:

The formula for computation of the purchase is:

Purchase in units = Usage + Desired ending material inventory units − Beginning inventory units.

In format that will be:

Beginning inventory   54,000

Plus: Purchases.........2,558,000

Less:ending inventory <u>77,000</u>

Required For Use......<u>2,535,000</u>

Hence the number of bottles to be purchased in 2018 is 2,558,000

8 0
3 years ago
In July, one of the processing departments at Okamura Corporation had beginning work in process inventory of $26,000 and ending
notsponge [240]

Answer:

Total cost accounted will be $192000

So option (C) will be correct answer

Explanation:

We have given beginning work in process inventory = $26000

Ending work in process inventory = $31000

And cost of units transferred from the department is $161000

We have to find the total cost accounted

Total cost account will be equal to sum of ending process inventory and cost of units transferred out from the department

So total cost accounted = $31000 + $161000 = $192000

So option (C) will be correct answer  

7 0
2 years ago
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