Answer:
Correct option is (c)
Explanation:
Make-or-buy decision is a form of strategy to analyse if a product must be manufactured internally or sourced from outside suppliers.
Cost and benefits related to the product being produced internally or outsourced is studied and compared before arriving at a decision. If cost of producing and storing goods are less as compared to the cost incurred in outsourcing, then decision to make will be taken and vice-versa.
So, make-or-buy decision involves considering relevance of purchase price of goods sourced externally.
Answer:
151,000
Explanation:
48,000+18000+40,000+52,000-11,000+4,000
=66,000+40,000+52,000-11,000+4,000
=106,000+52,000-11,000+4,000
=158,000-11,000+4,000
=147,000+4,000
Answer:
<u>A Strategic Alliance</u>
Explanation:
A Strategic Alliance refers to a combined effort or activities of two firms so as to strengthen their market position and yet at the same time maintain their individual separate corporate existence.
It represents a mutually beneficial agreement between two corporate firms under which, terms are less binding and stringent than a joint venture.
The purpose behind such an alliance could be, expansion, product line improvement or together gain a competitive advantage.
Such an alliance helps both businesses achieve a common goal driven by mutual assistance and pooling of resources.
In the given case, the tie up between Caffery computer corp. and Chicago desktop to sell computer locking systems alongside computers, would be termed a strategic alliance, since such an arrangement would benefit both, reduce competition for each with collective gain w.r.t market share.
Yes, basically I have no Idea what you talking about. I heard that if you answer questions you can ask more. thanks.
Answer:
1. Technology.
2. Social trends.
3. Economic shocks.
4. Political.
5. Nature of the workforce.
Explanation:
According to the amiable philosopher and mathematician, Alfred North Whitehead, "The art of progress is to preserve order amid change and to preserve change amid order."
The 5 specific forces acting as stimulant for change in an organization or business environment are;
1. Technology: it is a major external force, organizations should make use of new technologies, so as to maximize efficiency and increase productivity.
2. Social trends: social media changes can bring individuals together and influence their interests to share opinions, cultures perception and ideas.
3. Economic shocks: indices of gross domestic products such as unemployment, acquisitions, bankruptcy, recession impacts an organization.
4. Political: government policies, regulations and restrictions such as tax, minimum wage etc can cause a change in a firm. Companies should ensure they are operating at top notch in the competitive market.
5. Nature of the workforce: they should be able to adapt or respond to economic activities, such as demographic, immigration, multicultural society, etc.
Change agents in an organization are individuals acting as catalysts by assuming responsibilities for managing any of the aforementioned specific forces acting as stimulant for change.
