The above characteristics have been classified as belonging to the traditional or lean organizations as follows:
- Traditional - B. Maintain greater quantities of raw materials, work in process, and finished goods inventories.
- Traditional - C. Setup times are longer.
- Traditional - A. Manufacturing plants tend to be organized with self-contained production cells.
- Lean - E. Produce in smaller batches.
- Lean - F. Emphasis is placed on shortening manufacturing cycle times.
- Lean - D. High quality is stressed in every aspect of production.
<h3>Meaning of Lean and Traditional Organizations</h3>
A traditional organization is a business structure that has many workers and departments. They take time to set up and have a large inventory.
Lean businesses, on the other hand, produce in small batches and place emphasis on quality.
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Answer:
due to the amount of employment requests , they need a uniform document to organize records and identify candidates' skills
Explanation:
Key account management is the practice of using team selling to focus on the firm's most important customers so as to build mutually beneficial, long-term relationships.
- Getting a prospect's commitment to buy during the closing stage of the selling process.
- Because the salesperson must ascertain when the prospect is prepared to buy, this stage is both the most crucial and the most challenging.
- accurate, complete, and step-by-step information is provided.
- Setting goals, structuring the sales force, hiring, choosing, training, and rewarding salespeople, as well as assessing each salesperson's performance, are all duties involved in managing personal selling.
<h3>What is team selling approach?</h3>
- Account-based selling frequently employs the sales technique of team selling to increase transaction closing rates.
- Team selling, in its simplest form, is a collaborative sales method where two or more team members work together to earn business rather than working those accounts alone.
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Answer:
The answer is "Option A"
Explanation:
RE stands for retained income, In this system also requires the net income to be used in the accounting and cash flows, while the statement of money flow, which is not released as dividends of shareholder value, is used instead for new investments within the company, and other options are were wrong that can be described as follows:
- Option B and option D are similar to each other because, both used for payment on personal and consumer loans, that's why it is not correct.
- In option C, It is used in the calculation, that's why it is not correct.
Answer:
B. The time spent on the task
Explanation:
The time that Dana spends carrying out her task is a cost to her. That cost can be calculated by ascertaining the gains or benefits she has missed due to the research.
If Dana were not doing the research, she would be engaged in other activities. Those activities could have been of benefit to her, be it financially or otherwise. The benefits foregone are the cost of Dana doing the research.
