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3 years ago

Benchmarking is:

Business

1 answer:

cricket20 [7]3 years ago

8 0

Answer:

d. A practice where companies attempt to learn and apply the best practices of other companies.

Explanation:

Benchmarking is the practice where the process and the performance pattern would be compared with the other companies in order to serve as the best company. It could compare the products, services, processes, etc

So according to the given options, the last option would be correct as it represent that the companies would attempt for learning and the same is applied for the best practices with respect to the other companies

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At the __________ stage of transforming raw materials into finished goods, managers typically use __________ control methods to

drek231 [11]

At the <u>conversion </u>stage of transforming raw materials into finished goods, managers typically use <u>concurrent </u>control methods to determine customers' reactions to the organization's goods and services.

<h3>What is a raw materials?</h3>

Raw material seems to be a basic resource that is used create items, completed goods, power, or transitional resources that are fodder for upcoming finished products. It is additionally referred to as a fuel, untreated material, or main item.

In the input phase of the method of changing the raw product, the managers usually employ feedforward supervision. Taking care of issues when they arise.

Concurrent control provides managers with real - time updates on how effectively inputs are being converted into outputs during the conversion step, allowing managers to address issues as they arise.

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2 years ago

Read 2 more answers

Gus receives a paycheck at the end of every week. Which reinforcement schedule is this?.

sweet [91]

Fixed-interval schedule, Gus gets paid every week at the end of the workweek.

What is reinforcement schedule?

A "reinforcement schedule" is essentially a guideline that specifies which behaviors will be rewarded. Fixed-Ratio, Fixed Interval, Variable-Ratio, and Variable-Interval schedules are among the four categories.

Reinforcement becomes accessible according to a fixed-interval schedule after a predetermined amount of time.

This schedule results in higher response levels at the end of the interval but lower response levels just after the reinforcer is given.

As a result, in this case reinforcement schedule is fixed interval schedule.

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2 years ago

Bikes and More just announced its next annual dividend will be $2.42 a share and all future dividends will increase by 2.5 perce

liq [111]

Answer:

13.5%

Explanation:

market rate of return can be calculated with below expresion

Current Price = D / (K - g)

Where

Current Price = $22 a share

D= Dividend in coming Year

dividend = $2.42

K= rate of return

g =growth rate

22 = 2.42 / (K - 0.025)

Cross multiply we have

22(K - 0.025)= 2.42

Open the bracket we have

22k- 0.55=2.42

2.42 + 0.55= 22k

K = 2.97 / 22

= 0.135

= 0.135×100%

= 13.5%

Therefore, the market rate of return if this stock is currently selling for $22 a share is 13.5

4 0

3 years ago

Widgets, Inc., based in the United States, makes small parts for the auto industry. Over the past couple of years, Widgets has l

lord [1]

Answer:

This is called:

Trade Restriction

Explanation:

Outsourcing to foreign markets can cripple domestic industries, increase local unemployment, and impose trade imbalance. To check excessive outsourcing, the federal government imposes tariffs. Such a trade restriction is considered necessary within the domestic economy. But it may be regarded as a restriction of free trade within the international community.

7 0

3 years ago

Blossom Warehouse distributes hardback books to retail stores and extends credit terms of 2/10, n/30 to all of its customers. Du

kramer

Journalizing the transactions for the month of June for Blossom Warehouse, using a perpetual inventory system is as follows:

<h3>Journal Entries:</h3>

June 1 Debit Inventory $1,065

Credit Accounts Payable (Catlin Publishers) $1,065

terms 2/10, n/30.

June 3 Debit Accounts Receivable (Garfunkel Bookstore) $1,500

Credit Sales Revenue $1,500

Debit Cost of goods sold $700

Credit Inventory $700

June 6 Debit Accounts Payable (Catlin Publishers) $65

Credit Inventory $65

June 9 Debit Accounts Payable (Catlin Publishers) $1,000

Credit Cash $980

Credit Cash Discounts $20

June 15 Debit Cash $1,470

Debit Cash Discounts $30

Credit Accounts Receivable (Garfunkel Bookstore) $1,500

June 17 Debit Accounts Receivable (Bell Tower) $1,900

Credit Sales Revenue $1,900

Debit Cost of goods sold $750

Credit Inventory $750

June 20 Debit Inventory $800

Credit Accounts Payable (Priceless Book Publishers) $800

terms 1/15, n/30.

June 24 Debit Cash $1,862

Debit Cash Discounts $38

Credit Accounts Receivable (Bell Tower) $1,900

June 26 Debit Accounts Payable (Priceless Book Publishers) $800

Credit Cash $792

Credit Cash Discounts $8

June 28 Debit Accounts Receivable (General Bookstore) $1,250

Credit Sales Revenue $1,250

Debit Cost of goods sold $810

Credit Inventory $810

June 30 Debit Sales Returns $270

Credit Accounts Receivable (General Bookstore) $270

Debit Inventory $65

Credit Cost of goods sold $65

<h3>Transaction Analysis:</h3>

Sales credit terms = 2/10, n/30

June 1 Inventory $1,065 Accounts Payable (Catlin Publishers) $1,065

terms 2/10, n/30.

June 3 Accounts Receivable (Garfunkel Bookstore) $1,500 Sales Revenue $1,500

Cost of goods sold $700 Inventory $700

June 6 Accounts Payable (Catlin Publishers) $65 Inventory $65

June 9 Accounts Payable (Catlin Publishers) $1,000 Cash $980 Cash Discounts $20

June 15 Cash $1,470 Cash Discounts $30 Accounts Receivable (Garfunkel Bookstore) $1,500

June 17 Accounts Receivable (Bell Tower) $1,900 Sales Revenue $1,900

Cost of goods sold $750 Inventory $750

June 20 Inventory $800 Accounts Payable (Priceless Book Publishers) $800

terms 1/15, n/30.

June 24 Cash $1,862 Cash Discounts $38 Accounts Receivable (Bell Tower) $1,900

June 26 Accounts Payable (Priceless Book Publishers) $800 Cash $792 Cash Discounts $8

June 28 Accounts Receivable (General Bookstore) $1,250 Sales Revenue $1,250

Cost of goods sold $810 Inventory $810

June 30 Sales Returns $270 Accounts Receivable (General Bookstore) $270

Inventory $65 Cost of goods sold $65

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8 0

2 years ago