Answer:
a. Staffing the organization, building core competencies, and structuring the organization and work effort
Explanation:
Staffing is the management function undertaken with an objective to hire right people for the most suitable job position, and keeping filled organizational positions throughout.
A core competency refers to those unique capabilities an organization builds over time owing to innovation, creativity or efficient resource management, which yields competitive advantage to the organization. A core competency cannot be easily imitated by the rival firms and provides competitive edge to the firm who possesses it.
Organizational structure would define the hierarchy and define reporting responsibilities of it's employees, the extent of delegation of tasks and the organizational culture.
Thus for an organization to be capable of executing good strategy, the above three are a requisite.
Answer:
Q' = 213.80
Explanation:
P(d): production rate per day = 200
Ic: Installation cost = 120
D: Demand = 8000
D(d): demand rate per day = 32
Uc: Unit cost (holding) = 50
Applying into Production order quantity model formula
Answer:
Experiential marketing
Explanation:
Experiential marketing is based on the idea that customers will decide to buy a product based on their experiences with the product or similar products. This way, Decathlon's consumers can use the shoes and if they like them they will keep them and probably buy another pair or two. This marketing strategy is widely used by websites that offer the first month service for free.
Answer:
Check the explanation
Explanation:
Particulars Amt
Opening Cash 51907
Add: Cash Received (13400+4500) 17900
Less: Payment to supplier 5500
Less: Operating Expenses Paid 48950
Closing Cash Balance 15357
Answer:
The correct answer is d. are used to reduce inventory holding costs.
Explanation:
The Just-in-time inventory (JIT) system is a stock management system where stock is received when needed for production (stock received just in time for production). This inventory strategy increases efficiency and decreases waste by receiving goods only as they need them for the production process, which reduces inventory costs. However its effectiveness lies in accurate demand forecast.
