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vampirchik [111]
4 years ago
10

How a company can achieve lower production costs and increase productivity

Business
1 answer:
Softa [21]4 years ago
5 0

Answer:

by improving quality of its products or services are as follows: ... So this budget can be reduced due to improving quality of goods.

Explanation:

Production involves all activities that consist of the output of goods and services demanded by people for which they pay the cost.

A company can achieve lower production costs and increase productivity by improving quality of its products or services so that budget can be reduced by correcting any quality issue in the product or service which can be expensive, but less than external failures

Also, production equipment efficiency can be increased if preventive maintenance can be followed as it helps to reduce operating costs per unit.

 

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Answer:

The answer is a. The project will utilize some equipment the company currently owns but is not now using.

Explanation:

If you look at all the other options that are listed here, they either are a significant sum to the company or has a significant the opportunity cost. In this one, company uses idle assets and therefore bears no opportunity cost.

4 0
4 years ago
selling a firm's unneeded assets is a reasonable last resort if sales revenues are declining and when neither equity capital nor
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True, If sales revenues are falling and neither equity nor debt capital could be discovered to meet a firm's a need capital, selling off its surplus assets is indeed a reasonable last resort.

What is an Asset?

An asset is a resource with monetary value that an individual, corporation, or country owns or controls with the expectation of future benefit. A company's assets are reported on its balance sheet. They are divided into four categories: current, fixed, financial, and intangible. They are purchased or created in order to increase the value of a company or to benefit its operations. An asset is anything that can generate cash flow, reduce expenses, or increase sales in the future, whether it's manufacturing equipment or a patent. Assets are reported on a company's balance sheet. They are purchased or created in order to increase the value of a company or to benefit its operations. An asset is anything that can generate cash flow, lower expenses, or increase sales, whether it's manufacturing equipment or a patent.

To learn more on Assets from the link:
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4 0
1 year ago
Which business type is notably the easiest to acquire
m_a_m_a [10]

The corporation is the easiest business type to acquire.

In order to acquire part of a corporation you simply need to purchase stock in a company and you immediately become an owner.

6 0
4 years ago
Read 2 more answers
How does management use coded data for decision support
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Answer:

<u>yes</u>

<u>Explanation:</u>

Decision making involves a carefully thought out process about the best course of action, and medical staffs often rely on them in their decision making.

For example, medical staff can evaluate the quality and efficiency of the care they provide by monitoring negative tends that may appear on coded data, Meanwhile management can use their findings from coded data to draft out better health policies for their organization.

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4 years ago
1. Which of the following events would make it more likely that a company would call its outstanding callable bonds? a. The comp
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Answer:

The answer is letter C

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Market interest rates decline sharply.

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