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MrRissso [65]
3 years ago
10

Evaluate the benefits and limitations of the change to the operations process being planned by the managing director.

Business
1 answer:
daser333 [38]3 years ago
3 0

Answer:

'Change in Operations process, by Managing Director'  - Benefits & Risks

Explanation:

'Change in Operations process, by Managing Director' - Benefits

  • Operations' modernisation, brings new opportunities
  • Operations' critical appraisal & improvisation
  • New operations create Initiative for new innovative ideas

'Change in Operations process, by Managing Director' - Limitations

  • Motivating, training employees for new changed operations might be a challenge
  • Employees might resist the changes
  • New operations might have other feasibility risk factors.
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Consider two processes. If both versions create the same benefit, but one costs more than the other, the higher-cost version is
vova2212 [387]

Consider two processes. If both versions create the same benefit, but one costs more than the other, the higher-cost version is less Efficient than the lower-cost version.

<h3>What is Process Quality?</h3>

Process Quality = measured in two dimensions: process effectiveness and process efficiency

Effective Business Process = enables the organization to accomplish its strategy. ex: investigating whether 3D printing will help accomplish the strategy of having the largest selection of parts in the industry

Efficiency Business Process = the ratio of benefits to costs. ex: consider two versions that create the same benefit, but one costs more than the other does, meaning the higher-cost version is less efficient than the lower-cost version/if both versions cost the same, but one generates less benefit than the other, then the lower-benefit one is less efficient.

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8 0
1 year ago
4. You have determined that Company X estimates bad debt expense with an aging of accounts receivable schedule. Company X's esti
MariettaO [177]

Answer:

a. $180

Explanation:

Bad debt expenses is generally classified as Administrative expense and hence it is included in the expense section of the income statement before the calculation of the Net Income.

From the question it is evident that the write offs during the period were $180 and hence the expense recorded in the Income statement as bad debt expense would be $180 because they are unrecoverable for the current period.

Hope this helps.

Thanks buddy.

4 0
3 years ago
Read 2 more answers
If producing each additional unit of good x required giving up ever-increasing amounts of good y, the production possibilities c
Hatshy [7]

If producing each additional unit of good x required giving up ever-increasing amounts of good y, the production possibilities curve between x and y would be bowed outward.

The law of increasing possibility fee: As you increase the manufacturing of 1 appropriate, the opportunity fee to provide the additional precise will boom.

First, understand that opportunity price is the fee of the following-high-quality alternative when a decision is made; it's what's given up.

When the economy grows and all other matters continue to be steady, we are able to produce greater, so this will motivate a shift in the manufacturing opportunities to curve outward, or to the proper.

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5 0
11 months ago
Taubestan produces nearly 97% of the quinoa consumed around the world, and most of it is sold to wealthy nations. Although there
kaheart [24]

Answer:

The correct answer is letter "A": absolute advantage.

Explanation:

Absolute Advantage is an individual company, or country's ability to produce a good or service at a lower cost than any competitor. An organization with an absolute advantage requires fewer inputs or more efficient processes that allows the firm to lower prices and earn higher profits compared to its rivals.

5 0
3 years ago
Zach is employed by Scott Paper Company and is a key account manager on the WalMart team based in Bentonville, AR so he can be n
Travka [436]

Answer: d. channel captain

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Channel captains as the term implies, are in charge of a good's distribution channel such that they are to coordinate things to ensure that the good keeps being traded efficiently.

They are responsible for coordinating vendors, and maintaining relationships necessary to keep the good moving. They are also to report on their activities with a view towards expansion. This is what Zach does therefore he is a channel captain.

6 0
2 years ago
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