Answer:
C. Business process improvement.
Explanation:
Product reevaluation and Life cycle costing are product dependent and aims to improve products on the individual level and the business on the whole.
Business Intelligence is when businesses use different types of data to compile an analysis for informed decision making.
A value chain refers to all the activities that a business undertakes from procurement of raw materials to adding value. This can be a part of improvement process but it is not directly related.
Business process improvement is when management identifies all the business processes and analyses if there is a need for improvement and identifying areas that need change - then improving upon these findings.
This is the right answer.
Hope that helps.
Answer:
consider opening manufacturing companies in each nation
Explanation:
According to my research on different multinational businesses, I can say that based on the information provided within the question Vornado should probably consider opening manufacturing companies in each nation. By doing this and working only in the currency of that nation they can calculate the prices correctly and not take losses because of the exchange rates.
I hope this answered your question. If you have any more questions feel free to ask away at Brainly.
Answer:
Retail banks operate in order to earn profit, while credit unions are nonprofit
Explanation:
What is a major difference between retail banks and credit unions?
Retail banks only serve businesses, while credit unions only serve individuals.
- This answer is false, both retail banks and credit unions serve businesses and individuals.
Retail banks operate in order to earn profit, while credit unions are nonprofit.
- This answer is true, retail banks earn profits while credit unions are non-profits.
Retail banks only have small local branches, while credit unions are nationwide.
- This answer is false. Generally speaking, retail banks have a much larger geographic footprint than credit unions. Many retail banks are found across the entire country (and sometimes world!) but most credit unions are focused on serving their local community.
Retail banks manage a person's money, while credit unions focus on providing loans.
- This answer is false. Both retail banks and credit unions offer money/investment management services in addition loans. The financial products offered by retail banks and credit unions depend on the market served and business conditions.
An electric company is like to have greatest market power.
Explanation:
An electric company falls under oligopoly market. An oligopoly market is that market that consist of few firms and large numbers of buyers. As a result the sellers have the power to change the price. Although if they increase the price the customers will not be able to stop buying those goods.
Oligopoly market has the power to affect the demand as well as the supply . In case of market power the output reduces but there is no loss in economic welfare.
