Answer:
C) entrepreneur
Explanation:
According to my research on different business roles and responsibilities, I can say that based on the information provided within the question In this example, Omega Distributors’ managers are carrying out the entrepreneur role. An entrepreneur is a a person who sets up a business or businesses, taking on financial risks in the hope of profit. Which is what they are encouraging employees to become by developing new products and thinking of financial risks that can pay off and provide benefits for the company.
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The correct option is (b) process.
When developing a logistics strategy, a <u>process</u> strategy refers to the management of logistics activities with a focus on costs.
<h3>What is process strategy?</h3>
The establishment and recording of the procedures that a company uses to accomplish its objectives is known as process strategy. A number of processes could be automated, eliminating the need for last-minute judgment calls, management referrals, and in certain situations human involvement altogether.
The four process strategies are mass customization, repetition focus, process focus, and product focus. Process emphasis is about specialization, whereas product focus is about mass output.
<h3>How do you create a process strategy?</h3>
Steps in the strategic planning process
- Choose your strategic stance. The basis for all subsequent work is laid during this preparation stage.
- Set goals in order of importance.
- Create a plan.
- Manage and carry out the plan.
- Examine and update the plan.
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The complete question is:
“When developing logistics strategy, a ____ strategy refers to the management of logistics activities with a focus on costs.
a. market
b. process
c. command and control
d. information”
Answer:
I prepared the attached excel spreadsheet because there is not enough room here. The first payment is made on December 2019.
A grant is a sum of money given by the government of a country for a particular purpose and it does not require to be paid back
Answer:
<em>Cost of ending inventory= $8,520.6</em>
Total cost of units transferred out=$99,863
Explanation:
<em>Cost of ending inventory</em>
Cost of items of inventory = cost per equivalent unit × No of units
Cost of items of inventory = ($9.50×330) + ($20.40 × 264)= <em>$8,520.6</em>
<em>Total cost of units transferred out </em>
The FIFO method of valuation of working in progress separates the units transferred out into opening inventory and fully worked.
The fully worked represents the units of inventory started and completed in the sames period.
The cost of units transferred out is the sum of h opening inventory and he fully worked. This done below:
Opening inventory = ($9.50 × 360) + ($20.40×140)= 6276
Transferred of fully worked = $(9.50 +$20.40) × 3,130= 93,587
Total cost of units transferred out = (6276
+93587)= $99,863