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rodikova [14]
3 years ago
7

The idea of _____ is a form of innovation that constantly seeks ways to improve business processes and add value to products and

services.
Business
1 answer:
Slav-nsk [51]3 years ago
7 0

Answer:

The answer is Continual Improvement Process

Explanation:

Continual Improvement Process involve the action(s) undertaken by businesses to improve their goods, services or method of operations.

Simply put, it is the policy in a workplace that seeks to improve the way things are done on a day-to-day basis.

Continual improvement process is important in business, in that it makes the business owner(s) or employees think about the problems that affect them and formulate solutions to these problems. This will therefore increase efficiency in business.    

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Direct Labor Variances La Barte Company manufactures commuter bicycles from recycled materials. The following data for July of t
Alisiya [41]

Answer:

Explanation:

a. The computation of the labor rate variance is shown below:  

= Actual Hours × (Actual rate - standard rate)  

= 5,050 × ($16.80 per hour - $16 per hour)  

= 5,050 × $0.80 per hour

= $4,040 unfavorable

b. The computation of the labor time variance is shown below:  

= Standard Rate × (Actual hours - Standard hours)  

= $16 per hour × (5,050 hours - 1,000 × 5.4 hours)  

= $16 per hour × -350 hours

= -$5,600 favorable

c. The computation of the total labor variance is shown below:  

= (Actual hours × Actual rate) - (Standard hours × standard rate)

= (5,050 hours × $16.80 per hour) - (1,000 bicycles × 5.4 hours × $16 per hour)

= $84,840 - $86,400

= -$1,560 favorable

7 0
2 years ago
Which of the following is most likely to exert the bargaining power of a​ buyer? A. The​ world's largest discount store​ Wal-Mar
PIT_PIT [208]

Answer:

A. The​ world's largest discount store​ Wal-Mart seeks vendors to supply products made exclusively for its stores.

Explanation:

Taking into consideration the <u>bargaining power of a​ buye</u>r in the Porter's Five Forces model, here it is evident that Wal-Mart is the only example of a strong, omnipresent buyer that can surely dictate the terms of the offer. Every vendor would want to sell their produce to Wal-Mart, due to their wide customer base and presence of numerous stores.

7 0
2 years ago
Departmental information for the four departments at Samoa Industries is provided below. ​ ​ Total Cost Cost Driver Square Feet
12345 [234]

Answer:

a) The proportional (percentage) usage of the Janitorial Department by the Cafeteria, would be 50%

b) The proportional (percentage) usage of the Janitorial Department by the cutting would be 10%

c) The proportional (percentage) usage of the Janitorial Department by the Assembly would be 40%

Explanation:

In order to calculate the proportional (percentage) usage of the Janitorial Department by the (a) Cafeteria, (b) Cutting, and (c) Assembly departments, we would have to calculate first the amount of the janitorial department costs to be allocated to the (a) Cafeteria, (b) Cutting, and (c) Assembly departments, as follows:

Cafetaria

=150000×20000/(20000+4000+16000)

=$75,000, Hence the proportional (percentage) usage of the Janitorial Department by the Cafeteria, would be 50%

Cutting

=150000×4000/(20000+4000+16000)

=$15,000, Hence the proportional (percentage) usage of the Janitorial Department by the cutting would be 10%

Assembly

=150000×16000/(20000+4000+16000)

=$60,000,Hence the proportional (percentage) usage of the Janitorial Department by the Assembly would be 40%

6 0
2 years ago
Noelle’s diamond ring was stolen in November 2017. She originally paid $8,000 for the ring, but it was worth considerably more a
kykrilka [37]

Answer:

Mary filed her claim, but it was denied so she was right to take the casualty loss on 2013. Now in 2014 she has to include as gross income the tax benefit she received. In order to calculate that, we have to use the $100 and 10% of AGI Floors $8,000 (loss on the ring)-$100 (deduction floor)- $4,000 (10% AGI Floor) = $3,900 that she must report as income on her 2014 gross income.

Explanation:

Section 7-3b on page 7-9 of the text tells us that "If there is a theft loss which is computed like other casualty losses expect that the timing is when the loss is discovered instead of when it happens. Because you might not discover someone embezzled for years you can still recognize the loss when you do discover it.

7 0
2 years ago
B2b purchases involving long-term contracts developed through negotiations are called:_____.
Strike441 [17]

Strategic sourcing involves the business to business purchases that involved long term contracts through negotiations.

Given an incomplete sentence related to B2B purchases.

We are required to fill the sentence with appropriate term related to B2B purchases.

B2B purchases are the purchases which happens between two or more businesses.

Long term contracts are the contracts that involve huge time in completion.

The term which is suitable for the B2B purchases involving long term contracts developed through negotiations is strategic sourcing.

Strategic sourcing is basically a procurement process that connects data collection, spend analysis,market research , negotiation and contracting.

Hence strategic sourcing involves the business to business purchases that involved long term contracts through negotiations.

Learn more about strategic sourcing at brainly.com/question/14652019

#SPJ4

5 0
10 months ago
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