The concept of Dynamic capabilities is used by the firm to improve its core competencies.
<h3>What is the concept of
Dynamic capabilities?</h3>
This entails a firm ability to integrate and build its competencies to address rapidly changing environments.
Hence, as the firm trains its machinists constantly so that they are equipped to deal with technological advancements, it is adhering to concept of Dynamic capabilities.
Read more about Dynamic capabilities
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Answer:C
Explanation:
Discretionary fiscal policy is less effective than is implied by the early Keynesian view
Answer:
Just-in-time
Explanation:
From the question we are informed An automobile assembly plant in Kentucky who purchases several thousand unassembled parts for automobiles and then performs final assembly of the vehicles before delivering them to dealers all over the nation. Purchasing parts several days or weeks before they are assembled would increase the total cash outlay the plant has tied up in inventory at any given time. In order to reduce the expense of large inventories, most assembly plants have successfully adopted Just-in-time inventory systems.
The just in time inventory system can be regarded as a system involving management of inventory which is been designed to bring about improved efficiency as well as reduced waste in a production process , so that at the end inventory carrying costs is minimized.
Answer:
The correct answer is A. expensive and time-consuming.
Explanation:
Market experimental research is the most scientifically valid method that requires selecting similar groups of subjects, subjecting them to different treatments, controlling for strange variables, and validating whether the differences in responses are statistically significant. Based on a simulated marketing situation, when applying the method, special attention should be given to the rigorous definition of the problem. Experimental research is very expensive, time consuming and its purpose is to achieve cause and effect relationships, eliminating competitive explanations of the observed results. To the extent that the design and execution of the experiment eliminates other alternative hypotheses that may explain the results, the managers of the marketing research will be able to trust conclusive conclusions.
Answer:
December:
Dr cash $16,000
Cr subscription revenue $16,000
Dr cash $216,000
Cr unearned revenue $216,000
January 2017:
Dr unearned revenue $18,000
Cr subscription revenue $18,000
Explanation:
The sales of 4000 copies at the newstand means that revenue of $16,000($4*4000) has been earned in December,which means that cash would debited with $16,000 and sales revenue credited with the same amount.
In December,the subscriptions received in advance for 2017 of $216,000($36*6000) would be debited to cash and credited to unearned revenue account.
At the end of January,the unearned revenue would be debited with $18,000($216,000/12) in respect of subscription earned as a result of the Magazine been mailed to subscribers in the month,which now entitles the company to one month subscription as earned sales revenue.
