which of the following can help make the reengineering process more effective? a. creating a sense of urgency in the organization b. limiting employee involvement in the process c. limiting communication d. refraining from making extensive changes e. adopting a highly centralized organizational structure
Answers
The option that can help make the reengineering process more effective is e) Creating a sense of urgency in the organization.
What is the reengineering process?Reengineering is a process of redesigning and reorganizing business processes to improve performance, efficiency, and effectiveness. In order for the reengineering process to be effective, it is important to create a sense of urgency in the organization. This involves communicating the need for change and the potential benefits of reengineering to employees and stakeholders.
Therefore, By creating a sense of urgency, employees are more likely to embrace change and be motivated to participate in the reengineering process.
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Related Questions
Tax Structure 1
Family
A
B
C
Income
$10,000
$50,000
$100,000
Tax amount
2,000
2,000
2,000
% of income paid as
tax
[a]
[b]
[C]
Answers
The percentage of income paid as tax for A is 20%.
The percentage of income paid as tax for B is 4%.
The percentage of income paid as tax for C is 2%.
What is tax?A tax is a mandatory financial charge or some other type of levy imposed on a taxpayer (an individual or legal entity) by a governmental organization in order to fund government spending and various public expenditures (regional, local, or national).
The percentage of income paid as tax for A is:
= 2000/10000 × 100
= 20%.
The percentage of income paid as tax for B is 4%.
The percentage of income paid as tax for C is 2%.
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The __________ component of a business model outlines the utility that the product or service has to offer the customer
Answers
The Value Proposition component of a business model outlines the utility that the product or service has to offer the customer.
The nine building pieces that make up the business model canvas illustrate what drives a company's success. The business model canvas is expanded upon in the value proposition canvas. Its main emphasis is on creating a compelling value proposition, which is a key component of a long-term business strategy.
A value proposition is a succinct explanation of why customers should select your goods or services. The precise solution that your company offers and the promise of value that a customer might expect from you are more than just a description of your product or service.
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New batteries are needed to power our electronic devices—our cell phones, tablets, and computers—and that market is exploding. Researchers are developing lithium-ion batteries that will be vital to clean-energy and automobile manufacturing and could open up huge new markets. Currently, the domestic production accounts for about 12 percent of the world's production. The country has a domestic supply of raw materials, but production is limited and prices remain high compared to imported batteries.
The government could invest in technology and research.
The government could purchase domestic batteries exclusively.
The government could impose heavy tariffs on all imported batteries.
The government could ban imported batteries.
Answers
Answer:
The government could impose heavy tariffs on all imported batteries.
Explanation:
Import tariffs are taxes imposed on imported commodities. Should the government impose heavy tariffs on the imported batteries, their prices in the domestic market will go up.
One of the objectives of a tariff is to protect locally produced goods from unfair competition by low-priced imports. The imposed tax become a cost to the imported batteries, which will make them more expensive. The locally produced batteries will compete favorably with the imports. The domestic industry will grow since it has raw materials and a market to sell its products.
GDP is calculated by adding the income of all entities in the US. Then GNI is calculated by adjusting GDP first by deducting made to other countries from received from other countries. Then, are subtracted from the received from other countries. Finally, property and business-related transfer payments made to other countries for foreign income are deducted.
Answers
Explanation is in a file
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If you buy an investment for $800 and then sell it for
$950 a year later, what is your annual return on investment (percentage)?
Answers
Answer: 18.75%
Explanation:
Since the investment is bought for $800 and then sold for $950 a year later, then the annual return on investment will be:
= (Selling price - Cost price) / Cost price × 100
= ($950 - $800)/$800 × 100
= $150/$800 × 100
= 18.75%
Economic responsibility is the ___________ responsibility of a business enterprise as it relates to production of goods and services according to the needs and wants of the society.Immersive Reader
(1 Point)
Sole
Primary
Secondary
Last
Answers
Answer:
primary
Explanation:
as it relates to the prime factors of business and means of production
As a Social Media Advertising Specialist your client invests $11,927 on a budget of $12,500. You can directly attribute $18,177.00 in return to your advertising strategy. A) How much under budget was your strategy? B) What is the return on investment for implementing this strategy with your client. As a result of your performance your contract is extended with the client
Answers
Answer:
Combien le coût du ciseaux dans la caractéristique de l’art en Chine salut, je ne sais pas quoi dire sur l’importance de la parentalité responsable 4, mais je ne sais pas quoi dire sur l’importance de la parentalité responsable 4, mais je ne sais pas quoi dire sur l’importance de la parentalité responsable
which product exists in a monopolistically competitive market?
Answers
Numerous businesses provide competitive products or services that are similar but not exact substitutes. A monopolistic competitive market is present.
Clothing and hair salons are two examples of sectors with monopolistic competition. When businesses provide rival goods or services that are comparable but imperfect substitutes, monopolistic competition exists.
A monopolistic competitive industry has low entry requirements, and decisions made by any one firm do not directly affect those of its rivals. The pricing and marketing choices made by the rival companies serve as their points of differentiation.
Between a monopoly and perfect competition, monopolistic competition exists, combines aspects of both, and includes businesses with comparable but distinct product offerings.
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Answer:
clothing
Explanation:
I learn today that monopolistically competitive is something with varity like cloths there are plenty of options
which of the following is an example of a capital input? a. a computer b. an hour of a worker's time c. $50,000 d. a share of stock
Answers
c. $50,000 is an example of a capital input.
1. Capital inputs are resources used to produce goods and services.
2. Examples of capital inputs include physical resources such as machines, tools, and equipment, as well as financial resources such as money, stocks, and bonds.
3. Examples of physical capital inputs include computers, buildings, vehicles, and machinery.
4. Examples of financial capital inputs include cash, loans, and investments.
5. In this case, the correct answer is C. $50,000, which is an example of a financial capital input.
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what objects are necessary for the formation of shadows ?
Answers
Answer:
The following three things are required for a shadow to form:
a source of light.
an opaque object.
a screen or surface behind the object.
what are some corrective actions (or recommendations) to strengthen Louis Vuitton’s business? provide a brief justification (or an evidence) to support your explanation (long answer)
Answers
Answer:
Louis Vuitton (LV) had the prolific year 2014 because it continued to grow, despite changes in its market environment. The company has been responsive in its strategies and has maintained a long-term future (LVMH 4). Nevertheless, the company continues to face competitive challenges in the luxury product market. It faces the challenge of sustaining its performance amid the growing difficulties in penetrating new markets and the improvement in the activities by rivals to target its dominant market segment. The company follows a differentiation strategy.
The overall strategies are taken by LV also lead to changes in the parent company, as LV is the main revenue contributor to the LVMH group. The company has to sell to three main customer segments without jeopardizing its reputation in any of them. The segments are absolute, aspirational, and accessible. The absolute segment is very critical of customer care, product quality, and overall brand reputation. It also has the widest variation in preferences in the main global markets of LV. Besides, it has a substantial demand that has forced LV to reconsider many of its decisions that could have affected its performance in this segment. The aspirational segment has mixed characteristics while the accessible segment is less critical to brands and, therefore, most prone to sway to the competition. All the customer segments are collectively influenced by a great brand and product innovation strategy that LV has been exploring in the past few years (LVMH 34-56). The European monetary problems are easing, which should present a good environment for growth in the market (LVMH 5).
Social
The company has relied on leaders brought in by its parent company LVMH. It has also relaxed its use of in-house production resources in the past to focus on outsourcing (LVMH 54-55). However, the decision was reversed to save the company’s brand. Another problem is that the personal luxury business is growing in different directions in separate markets that LV serves. Its biggest market continues to be China, Europe, Japan, and the United States. Its Chinese market characteristics are different from those of Europe and Japan. However, the company has to meet the challenges of these markets without seeming to abandon any of its quality standards for customer service and product development. For example, it cannot discount products or follow noncompany-owned distribution models even when such strategies would significantly lead to a rise in revenues in the respective markets. These issues include a balance of the values and heritage of Louis Vuitton. The company has a 150-year reputation that it has to uphold while responding to the modern challenges of the business (Mahbubani 4).
Technological
The company has a limited product range, and the main products are more than a century old. The leather bag collection and the trunks with a five number combination lock have been in production since the late nineteenth century. They can rely on this technological reputation to defend their market share and appeal to the absolute and aspirational customer segments that are fixated on getting true luxury regarding uniqueness, heritage, quality, and visibility. The product line allows LV to claim that it is offering the most beautiful specimens of French manufacturing (Mahbubani 2). The exclusivity of the designs and their ruggedness are reputations that help the LV brand to sell to existing and new luxury customers. Customers get information and look up things or exchange views online, which is the way they shop. The behavior shapes the direction that LV is taking when differentiating its experience online. The company is building a following in social media channels to improve interaction with its brand. The digital platforms also use new forms of advertising to different niches like soccer fans (LVMH 11).
Like an abstract in a report, this is a one-or two-paragraph summary of the product or service and how it meets the re quirements and exceeds expectations is known as the back ground section of a business proposal .
Answers
Effective business proposals are centered on a fantastic concept or resolution. Although you might be able to do it in an engaging fashion, you want your document and its solution to stand out against the backdrop of other offers.
the concept Who, what, when, why, and how. Be precise and succinct. Keep your language concise and avoid overstating. To prove your goods or service, use logical, well-supported arguments.
Which section of the business plan details how the company has dealt with problems?The executive summary should give a brief description of the issue that your company addresses, your proposed solution to the issue, the business's target market, major financial highlights, and a list of the management team's responsibilities.
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Which of the following is a management control method that most likely could improve management’s ability to supervise company activities effectively?
A. Monitoring compliance with internal control requirements imposed by regulatory bodies.
B. Limiting direct access to assets by physical segregation and protective devices.
C. Establishing budgets and forecasts to identify variances from expectations.
D. Supporting employees with the resources necessary to discharge their responsibilities.
Answers
Option C. The management control method that most likely could improve management's ability to supervise company activities effectively is "Establishing budgets and forecasts to identify variances from expectations."
Establishing budgets and forecasts to identify variances from expectations. This method allows managers to set performance expectations, monitor progress, and identify any deviations from the plan, enabling them to take corrective actions as needed.
What is a management control method, A management control method is a technique that helps management monitor and evaluate company activities effectively. Some of the most common management control methods include the use of budgets, forecasts, performance evaluations, and internal control systems.
The use of these methods can help managers identify areas of the business that require attention, as well as opportunities for improvement.
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Ambiguities in contracts are always interpreted in favor of the party who wrote the contract, since he or she is the one who knows what the provision is supposed to mean. Group of answer choices True False
Answers
Ambiguities in contracts are not always interpreted in favor of the party who wrote the contract, since he or she is the one who knows what the provision is supposed to mean. So this is False
Typos are almost always detrimental to the validity of a contract because they cause the contract to not reflect the true agreement of the parties.
What is Ambiguities in contracts ?"A contract or a provision in a contract is ambiguous if it is reasonably susceptible to more than one interpretation or construction."
In other words, if both parties' interpretation is reasonable given the written language of the agreement, the contract may be ambiguous.When interpreting a contract, a court looks to plain language of the written agreement, without reference to outside sources.Learn more about Ambiguities in contracts here:
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If average household income increases by 10%, from $50,000 to $55,000 per year, the quantity of rooms demanded at the Triple Sevens from rooms per night to rooms per night. Therefore, the income elasticity of demand is , meaning that hotel rooms at the Triple Sevens are . If the price of a room at the Exhilaration were to decrease by 10%, from $250 to $225, while all other demand factors remain at their initial values, the quantity of rooms demanded at the Triple Sevens from rooms per night to rooms per night. Because the cross-price elasticity of demand is , hotel rooms at the Triple Sevens and hotel rooms at the Exhilaration are . Triple Sevens is debating decreasing the price of its rooms to $175 per night. Under the initial demand conditions, you can see that this would cause its total revenue to . Decreasing the price will always have this effect on revenue when Triple Sevens is operating on the portion of its demand curve.
Answers
Answer:
Some numbers are missing, so I looked for similar questions:
If average household income increases by 10%, from $50,000 to $55,000 per year, the quantity of rooms demanded at the Triple Sevens from 300 rooms per night to 350 rooms per night. Therefore, the income elasticity of demand is , meaning that hotel rooms at the Triple Sevens are .
income elasticity of demand = % change in quantity demanded / % change in income
income elasticity of demand = 16.7% / 10% = 1.67, since it is positive, then they are normal goods, and since their IED ≥ 1, they can also be considered luxury goods.
If IED is negative, that means that a good is an inferior good, since the more you earn, the less you consume.
If the price of a room at the Exhilaration were to decrease by 10%, from $250 to $225, while all other demand factors remain at their initial values, the quantity of rooms demanded at the Triple Sevens from 300 rooms per night to 200 rooms per night. Because the cross-price elasticity of demand is , hotel rooms at the Triple Sevens and hotel rooms at the Exhilaration are .
Cross price elasticity of demand = % change in quantity demanded of Triple Sevens hotel rooms / % change in price of Exhilaration hotel rooms
Cross price elasticity of demand = -33.33 / -10% = 3.33
Triple Sevens hotel and Exhilaration hotel are substitutes since their cross price elasticity is positive.
Triple Sevens is debating decreasing the price of its rooms to $175 per night (from $200). Under the initial demand conditions, you can see that this would cause its total revenue to . Decreasing the price will always have this effect on revenue when Triple Sevens is operating on the portion of its demand curve.
original revenue before change in price = $200 x 150 rooms = $30,000
revenue after decreasing price = $175 x (150 x 1.1667) = $175 x 175 rooms = $30,625
total revenues will increase by $625, this happens because Triple Sevens hotel is operating on the elastic portion of the demand curve.
A sales associate, who is slightly above average in the number
of sales, has decided to leave the company for a competitor.
In what ways might it be negative?
Answers
The departure of a sales associate who is slightly above average in sales can be considered a negative aspect for the company due to potential loss of revenue, customer relationships, and knowledge. It may also impact team morale and disrupt the overall sales performance.
The departure of a sales associate who is slightly above average in sales can have negative consequences for the company. Firstly, the loss of a top-performing sales associate can lead to a decrease in revenue, as their sales contributions may be difficult to replace immediately.
Secondly, the departing sales associate may have developed strong relationships with clients, and their departure could result in the loss of those valuable customer connections. This could potentially impact customer loyalty and ongoing business with those clients.
Furthermore, the departing sales associate may possess specialized knowledge, skills, and experience that contributed to their above-average sales performance. Losing this expertise can create knowledge gaps within the sales team and hinder overall sales effectiveness.
The departure of a high-performing sales associate can also have a negative impact on team morale. Seeing a top performer leave for a competitor may demotivate other team members and create a sense of uncertainty or insecurity within the team.
In conclusion, the departure of a sales associate who is slightly above average in sales can have negative implications for the company, including loss of revenue, customer relationships, specialized knowledge, and team morale. It is important for the company to address these challenges by implementing strategies to retain top talent, transfer knowledge, and boost team morale to minimize the negative impacts of such departures.
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The development and delivery of---------- involves applying specialized competencies and performing deeds and processes for purposes of benefiting others that also profit the marketer. Benefitting others generally means customers' problems are solved (i.e., their needs are satisfied). There is one absolutely best answer, because the initial statement always defines this specific word.
Answers
Answer:
The answer is services
Explanation:
Hope this helps:)........if not sorry for wasting your time and may God bless you<33
What name is given to the bureaucratic rulemaking process in which neutral advisors convene a committee of those who have vested interests in the proposed rules and help the committee reach a consensus on them?.
Answers
Negotiated rulemaking is given to the bureaucratic rulemaking process in which neutral advisors convene a committee of those having vested interests in the proposed rules and help the committee reach a consensus.
A committee of persons with stakes in the proposed regulations is assembled by impartial advisers known as convenors during negotiated rulemaking. By utilizing a neutral facilitator and a balanced negotiation group made up of members of all stakeholders that the rule would affect, including the rulemaking agency itself, the agency prepares a proposed rule through this consensus-based procedure.
Until the committee members have had a chance to evaluate all the items on the agenda, any agreements achieved during the talks are regarded as provisional agreements. In negotiated rulemaking, a group of stakeholders, at least one agency representative, and one or more impartial mediators, referred to as "convenors," gather to reach an agreement on a rule proposal.
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why is enterprise important to a country ?
Answers
Answer:
New and improved products, services, or technology from entrepreneurs enable new markets to be developed and new wealth to be created. Additionally, increased employment and higher earnings contribute to better national income in the form of higher tax revenue and higher government spending.
Explanation:
here is your answer if you like my answer please follow
What is the main benefit of investing in a 401k, ira, or other retirement account?.
Answers
The benefit is Whether you itemize or use the standard deduction, the pre-tax nature of the contributions lowers your overall taxable income, which could result in a smaller tax bill. It might possibly lower your tax bracket for you.
What is a 401k, ira, or other retirement account?You can save money for retirement through two different types of investment accounts: 401(k)s and IRAs. Both accounts allow you to deposit money on a regular basis1 and put your money into the stock market for future growth. They each offer specific tax advantages, however they differ slightly from one another.
A 401(k) is a retirement account that you open via your company, whereas an IRA is a retirement account that you open on your own. Both IRAs and 401(k)s provide both regular and Roth choices, with the former requiring pretax contributions and the latter post-tax ones.
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Thomas Company has a sales budget for next month of $1,000,000. Cost of goods sold is expected to be 25 percent of sales. All goods are paid for in the month following purchase. The beginning inventory of merchandise is $50,000, and an ending inventory of $64,000 is desired. Beginning accounts payable is $160,000.
For Thomas Company, the ending accounts payable should be:
A. $341,000
B. $356,000
C. $314,000
D. $414,000
Answers
Answer:
$264,000
Explanation:
Calculation for the ending accounts payable
First step is to find the cost of goods sold
Using this formula
Cost of goods sold=Sales budget * Sales percentage
Let plug in the formula
Cost of goods sold=$1,000,000*25%
Cost of goods sold=250,000
Second step is to calculate for the ending accounts payable
Using this formula
Ending accounts payable=Ending inventory + Cost of goods sold - Beginning inventory
Let plug in the formula
Ending accounts payable= $64,000 + $250,000 - $50,000
Ending accounts payable= $264,000
Therefore the Ending accounts payable will be $264,000
What is a public good?
A A public good is a product or service that one consumer can prevent another consumer from using, and is not accessible without
payment
B A public good is a product or service that one consumer cannot present another consumer from using, and is accessible without
payment
C A public good is a product or service that one consumer cannot prevent another consumer from using, and is not accessible without
payment
D A public good is a product or service that one consumer can prevent another consumer from using, and is accessible without payment.
Answers
I believe your answer is B
A public good is a product or service that one consumer cannot present another consumer from using, and is accessible without payment
Helpppppppppppppppppp will give brainliest.
Answers
Answer:
sorry too blurry
Explanation:
Erica decides to spend $50 on a ticket to a concert with friends instead of buying a new pair of jeans. What is the opportunity cost other decision?
A. the benefit of having a new pair of jeans
B. the benefit of going out with her friends
C. the $50 Erica spent on the ticket
D. the enjoyment of going to the concert
Answers
Answer:
The benefit of having a new pair of jeans
Explanation:
Answer:
The benefit of having a new pair of jeans
Explanation:
Supply-side fiscal policies focus on shifting the long-run aggregate supply curve to the right, resulting in a _____ price level and _____ unemployment.
Answers
Supply-side fiscal policies focus on shifting the long-run aggregate supply curve to the right, resulting in a stabilize price level and reduce unemployment.
Through adjustments to government expenditure and taxation, fiscal policy affects aggregate demand. These elements have an impact on employment and household income, which in turn affect consumer spending and investment.The amount of money in an economy changes as a result of monetary policy, which also affects interest rates and inflation.Concentrate on moving LRAS to the right to
Encourage growth Lower unemployment Stabilize the market Has a slower economic impact than initiatives that raise ADWhat shifts long run aggregate supply?Changes in Long-Run Aggregate Supply. The position of the long-run aggregate supply curve is determined by the aggregate production function and the demand and supply curves for labor. A change in any of these will shift the long-run aggregate supply curve.Learn more about aggregate supply brainly.com/question/24319248
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How can diversity in the workplace make a company more competitive in a global market?
a)Diversity inhibits critical thinking and prevents disagreement among team members about global business strategies.
b)Diversity minimizes group think and can bring new ideas, attitudes, and experiences to the development of global products and services.
c)Diversity promotes global domination of the marketplace.
d)Diversity is a moral virtue, and morals are consistent worldwide.
Answers
Answer:
A: Diversity inhibits critical thinking and prevents disagreement among team members about global business strategies
why businesses may use the internet to sell their products.
Answers
Businesses may use the internet to sell their products because of the following reasons
Convenience: The internet offers a convenient way to purchase products. Customers can shop online at any time from any location as long as they have access to the internet. They don't need to leave their homes or go to physical stores to purchase products. This convenience attracts customers and helps businesses reach a larger audience.Global Market: The internet allows businesses to reach customers all over the world. This gives businesses the opportunity to expand their customer base and increase their sales. Businesses can also target specific markets by using online advertising techniques. They can use social media, search engines, and other online marketing methods to target specific demographics.Cost-Effective: Online sales are often more cost-effective than traditional brick-and-mortar stores. Businesses don't have to spend money on rent, utilities, or other expenses associated with physical stores. They can also save on labor costs by using automated systems to manage their online stores.Customer Data: Online sales allow businesses to collect data on their customers. They can use this data to create targeted marketing campaigns and improve customer retention. They can also use data analytics to identify trends and optimize their business operations.Overall, the internet provides businesses with a convenient and cost-effective way to sell their products to a global audience.
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according to charlie munger, the profitability in the reinsurance industry is depressed by the fact that many companies believe it to be an attractive business. [see p.63] group of answer choices true false
Answers
Charlie Munger asserts that the fact that many businesses view reinsurance as an appealing investment has a negative impact on the profitability of the sector.
hat are businesses examples?
To continue offering the broadest assortment of materials and finishes, i.materialise conducts ongoing research on new materials and finishes in addition to their 3D printing services.
A life coach online
Do you have a strong desire to see people succeed to the fullest? Then you might want to consider this business opportunity. Here is an example of an online life coach business from which you may learn some lessons before you begin marketing your own venture:
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When making decisions, managers often must decide between doing what is beneficial for the firm in the short term, and what is beneficial for both the firm and society in the long term. To address this conflict, a firm must
Answers
When making decisions, managers are often faced with a conflict between what is beneficial for the firm in the short-term and what is beneficial for both the firm and society in the long-term.
This conflict arises because the actions that benefit the firm in the short-term may not necessarily align with the interests of society as a whole, which can lead to negative consequences for both the company and society in the long-term.
To address this conflict, a firm must adopt a long-term orientation and consider the broader social and environmental impacts of its decisions. This means looking beyond immediate financial gains and recognizing that actions taken today can have far-reaching implications for the company's reputation, customer loyalty, employee morale, and overall sustainability.
Firms that prioritize social responsibility and sustainable business practices are more likely to build strong relationships with stakeholders, including customers, employees, investors, and regulators. They are also better equipped to weather economic downturns and other disruptions, as they have diversified their risk and invested in building resilient supply chains and communities.
Ultimately, the key to addressing the conflict between short-term gains and long-term benefits is a commitment to corporate social responsibility (CSR) and sustainable business practices. By prioritizing the needs of society and the environment alongside those of shareholders, firms can create value for all stakeholders over the long-term, ensuring their continued success and impact.
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consider a policy of tariff protection that results in $10,000 of deadweight losses while generating $5,000 of tariff revenue for domestic government. suppose an otherwise equivalent ver (voluntary export restraint) policy is in place of the tariff protection policy. then the national welfare loss to the domestic economy is equal to:
Answers
The national welfare loss to the domestic economy is equal to $15,000
VER (voluntary export restraint) is a trade restriction that is on similar lines as that of import quota but with a crucial difference being that instead of the home country defining the limit on the number of goods imported, it is the foreign country that voluntarily placed a limit on the quantity it will be exporting to the home country. Initially, when the tariff is being imposed, the government was earning $5,000 as tariff revenue. If VER is imposed then as in the case of quota, a fixed quantity will be imported. This restriction will raise the price and foreign countries would be able to sell the fixed quantity at higher prices. As VER is replacing import tariffs, revenue from tariffs will now be transferred to foreign countries in terms of the higher price result of VER. So, now national welfare loss will be,
National welfare loss = Deadweight loss with tariff + Benefit transferred to foreign producers
= $10,000 + $5,000
= $15,000
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