Answer:
The correct answer is letter "A", "C", and "E": continuous improvement; just-in-time manufacturing; total quality management
Explanation:
Lean practices involve several activities companies can engage to reduce inefficiency at work. Organizations achieved this by eliminating wasteful practices among employees to improve the output quality and keep consumers preference, thus making a profit. <em>That improvement must be continuous and imply managers will seek constantly perfection</em>.
For instance, manufacturing companies can eliminate waste by keeping tight deadlines and <em>delivering their products just in the time</em> the suppliers or final consumers expect.
Answer:
Imitative new entry
Explanation:
This is called imitative new entry. There are business imitators who are interested in capitalizing on existing and proven success in the business venture they want to enter.
It is used by entrepreneurs who have seen business success in a particular business line and then they go ahead to introduce the same service or product in a different segment of the market. Entrepreneurs use this when they think are better equipped to do a job than the already existing competitor.
Seeking products or services that have been successful in one market and introducing the same basic product or service in another segment of the market is referred to as _____________ new entry
Answer:
The correct answer is option b.
Explanation:
The fixed costs refer to that part of the cost of production which is not affected by the volume of activity. The total fixed cost remains constant in the entire production process.
The fixed cost per unit is the ratio of total fixed costs and the level of output. It increases with a decrease in level of activity.
The variable cost is the cost incurred on the variable inputs employed in the process of production. As the level of activity declines the number of variable factors employed will also decline. This will cause the total variable cost to decrease.
Explanation:
Here Initial amount = $10,00,000
Nominal Interest Rate = 9.2%
inflation Rate = 5%
Real Interest Rate = 4%
in question it was asked to give in real then we will use the real discount rate to know annual spent amount
Present Value = PMT×PVIFA ( at 4% and 20 years)
Therefore, PMT = Present Value of Cash / PVIFA ( at 4% and 20 years)
= 1000000 / 13.5903
= $73581.75
Where, PMT = Annual Spent Amount
PVIFA = Present Value interest Factor Annuity
Answer:
Please see below
Explanation:
A. Decreasing the wage rate leads to an increase in the quantity of labor demanded. Which leads to increased production and ultimately can lead to an increase in a firm's profit if other factors are left constant.
B. The two factors at work is demand and supply.
