Three different levels at which an organization can be diagnosed are Organizational, Group and Individual.
In the organizational level three faces are considered which includes the Inputs, outputs and the system designs. This creates a process through which the organization arrive at its goals.
The second level of the diagnosis is the group level diagnosis.In this level of diagnosis the focus is on the input of the organizational design.
Third level of diagnosis is at the individual level. Individual jobs have specific designs to accomplish individual goals which are required to be performed for a certain process.
An organization is an open system in which different ways of the environment impact the organizations in many ways.
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In recent years, new mp3 and digital technologies have replaced compact disks. This is an example of?
In recent years, new mp3 and digital technologies have replaced compact disks. This is an example of creative destruction.
Creative destruction is an economic concept most closely identified with the Austrian-born economist Joseph Schumpeter since the 1950s. Schumpeter derived it from Karl's work on Marx and popularized it as the theory of economic innovation economics. Sometimes called a Schumpeter storm.
According to Schumpeter, a 'creative destruction storm' is a process of industrial mutation that is constantly transforming the economic structure from within, constantly destroying the old and always creating the new. ”.In Marxist economic theory, the concept more generally refers to the interconnected processes of wealth accumulation and destruction in capitalism. We owe the first use of these terms to German sociologist Werner Sombart in his book War and Capitalism (1913).
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A manager is concerned that there isn’t enough time spent on production and too much time spent on setups. The manager decides to double all production batch sizes. This change has no impact on demand. What impact will this likely have on the average inventory in the process?.
It will result in an increase in average inventory as larger batches require more time to be completed.
What is Operations Management?
Operations management (OM) is the management of business practices within an institution to achieve the highest level of efficiency possible. It is involved with converting materials and labor as efficiently as feasible into goods and services in order to maximize an institution's profit.
What are the 3 types of operations management?Product design and product.Planning and managing of manufacturing facilities.Purchasing/procurement.Forecasting.Capability planning.Inventory control.Quality control.Delivery to clients.To learn more about Operations management, refer
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What could support autoedge's ability to generate economic profits over the long term?
A binding price floor on engines sold to a major customer.
What is customer?A client is the recipient of a good, service, product, or idea gained from a seller, vendor, or supplier through a financial transaction or exchange for money or some other valuable consideration.
A client is defined as someone who purchases goods or services from a store, restaurant, or other retail seller. A customer is someone who goes to an electronics store and purchases a television. (informal) A person, particularly one who is interacting with others.
Customers that shop regularly yet make their purchasing decisions mostly based on markdowns. Need-based clients are those who intend to purchase a specific product. Customers who wander: Customers who are unsure of what they want to buy.
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If service stations raise the price of gasoline and experience a decrease in demand for automobile tires, then gasoline and tires are?
If service stations raise the price of gasoline and experience a decrease in demand for automobile tires, then gasoline and tires are Complementary goods .
Meaning of Complementary Goods
An object used in combination with another product or service is a complementary good or service. Usually, when consumed alone, the complementary good has little or no value. Still, when paired with another good or service, it adds value to the overall value of the bid. A product may be considered to be complementary if it shares a beneficial relationship with another product. An ideal example could be a sharpener and eraser given away with a box of pencils.
The complementary goods have a nature of joint demand, and it allows interaction since the consumer craves for the second product when the price of the first commodity fluctuates. In economics, this connection is termed as negative cross-elasticity of demand.
Explanation→
Hence, as the product's price rises, the user's demand for the replacement product declines. It is because customers are reluctant to buy the supplement alone. Therefore, the market price of the complementary good or service can decline as consumer demand weakens.
Complementary goods can either be weak ones or strong ones. The weak ones have low cross-elasticity of demand. For instance, if the coffee price rises, it will only have a marginal impact on reducing cream's consumption.
Complementary goods are different from substitute goods, which are different goods or services that satisfy the same consumer needs. The additional products would have a negative cross- elasticity of demand.
Impact of complementary goods :
If the price of one good increases, the market will decrease for both complementary products. The closer the products are to it, the higher will the cross elasticity of demand be. If they are weak complementary goods, then demand will be low on cross-elasticity.
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The payment of utility bills is an example of _____.
a. immediate annuity
b. ordinary annuity
c. annuity due
d. lump-sum payments
e. uneven cash flows
Uneven cash flows is an example of the payment of utility bills. In essence, uneven cash flows are series of unequal payments made over a specific time period. For example, over a five-year period, one could receive the following annual payments: $500 US Dollars (USD), $300 USD, and $750 USD.
If on the other hand, the regular payment were fixed at a specific amount, the cash flows would be equal. For example, one could receive a $500 USD annual payment, also known as an annuity. Furthermore, irregular cash flows can be associated with variety of financial situations, including capital budgeting.
Therefore, the correct answer will be option (e)
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In the buying center, the ______ is the person who selects the supplier and negotiates the purchase while the ______ controls the flow of information to all other roles.
In the buying center, the Buyer exists the individual who selects the supplier and negotiates the purchase while the Gatekeeper manages the flow of information to all other roles.
Who is a buyer?A buyer's call exists as an agreement between a buyer and seller in which the purchase of a commodity exists at a characteristic price above a futures contract that exists for the same grade and quantity. A business buyer exists as one who immerses in the purchase or acquisition of a part or the whole business organization. A business buyer can be a person, a group of individuals, or a corporation.
The gatekeeper determines what information should move past them (via the information “gate”) to the group or individuals beyond, and what statement should not. Gatekeepers exist at a high level, data decision makers who manage information flow to a whole social system. Gatekeepers exist as people or policies serving as a go-between, controlling access from one point to another. They may restrict, control or delay access to services. Alternatively, they may also be used to oversee how to work exists being done and whether it satisfies certain standards.
In the buying center, the Buyer exists the individual who selects the supplier and negotiates the purchase while the Gatekeeper manages the flow of information to all other roles.
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Ann, a manager, finds one of her employees watching a recently-released movie on his company-issued computer. Ann reports the incident to the IT Security department. An incident response technician examines the computer and determines that the employee has violated company policy. What is the next action that the technician should take?
Ann, a manager, finds one of her employees watching a recently-released movie on his company-issued computer. Ann reports the incident to the IT Security department. An incident response technician examines the computer and determines that the employee has violated company policy. The next action that the technician can take is to restrict the access of the employee on the computer.
What is access restriction?Access control is done to restrict and restrain foreign users in an organization property such as companies computer.
The Technician can restrict the access of the employee who is violating the company rule by denying her access to vital information about the company and also deny her the access to using the system.
This can be done by changing relevant passwords and passcodes to the company account. Warning can also be sent in this regard so that the employee can desist from such unlawful act.
Therefore, Ann, a manager, finds one of her employees watching a recently-released movie on his company-issued computer. Ann reports the incident to the IT Security department. An incident response technician examines the computer and determines that the employee has violated company policy. The next action that the technician can take is to restrict the access of the employee on the computer.
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A corporate bond which receives a bbb rating from standard & poor's is considered ________
A junk bond is an obligation that has been assigned a lower rating...
Bonds rated BBB- (Standard & Poor's and Fitch scale) or Baa3 (Moody's scale) or higher are considered investment grade. Lower rated bonds are considered "speculative" and are often referred to as "high yield" or "junk" bonds. Investment grade. Moody's.
With approximately $3.2 trillion in bonds and notes, the BBB category accounts for the majority (53%) of US investment grade bonds. BBB-rated bonds are more than 2.5 times the size of the speculative bond market.
Standard & Poor's (S&P) is a company that is a leading index provider and data source for independent credit ratings. The name derives from the 1941 merger of two financial data publications, Henry Burnham Poor's publication on railroad prices (from 1860) and the Bureau of Standard Statistics, founded in 1906.
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A corporate bond which receives a BBB rating from Standard & Poor's is considered to be an investment-grade bond.
Investment-grade bonds are bonds that have a relatively low risk of default, meaning that there is a lower likelihood of the issuer being unable to make interest payments or repay the principal amount. These bonds are generally considered to be safer investments compared to bonds with lower ratings.
The BBB rating from Standard & Poor's signifies that the bond is of medium credit quality. It indicates that the issuer has a moderate ability to meet its financial obligations, but there may still be some level of risk involved. Bonds with ratings below BBB are considered to be non-investment grade or "junk" bonds, which typically have a higher risk of default.
It's important to note that ratings from credit rating agencies like Standard & Poor's are just one tool investors can use to assess the creditworthiness of a bond. Investors should also consider other factors, such as the financial health of the issuer, market conditions, and their own risk tolerance, before making any investment decisions.
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True or false: japan generally runs a significant trade surplus because of the structural barriers against imports into japan
The statement, Japan generally runs a significant trade surplus because of the structural barriers against imports into Japan, is true.
As Japan's savings rate is high relative to Japan's domestic investment, Japan generally runs a trade surplus. Thus, the result is high net capital outflow which is matched by high net exports, resulting in a trade surplus.
Japan's overall trade surplus is the result of its exports in the scientific and optical equipment, rubric machinery, semiconductors, electronic parts, and telecommunications equipment. Now the current account surplus has been shrinking for four fiscal years in a row.
Hence, in 2019, Japan reported the biggest trade surpluses with different countries.
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The type of state law that involves such issues as business disputes or divorces is known as?
The type of state law that involves such issues as business disputes or divorces is known as civil law.
The term civil law originates from the Roman word ‘jus civile’, meaning “citizen’s law”. Civil law denotes a body of laws and rules that concerns the private rights of citizens and not those of the public. It applies in private relations between individual citizens.
Civil law has some other features, including that it is codified, imposes civil liability on the offender (who has to compensate for damages done), and varies according to political jurisdictions. Civil law today encompasses contract law, property law, family law, tort law, corporate law and administrative law.
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_______ are expenditures that keep an asset in good operating condition. They are necessary if an asset is to perform to expectations over its useful life.
Blank is expenditures that keep an asset in good operating condition. They are necessary if an asset is to perform to expectations over its useful life.
Improvement
Improvement (improvement) is the cost of making a facility more efficient or productive. They are capitalized (added to the cost of fixed assets). Abnormal repairs extend the useful life of an asset beyond its originally estimated useful life.
Regular repairs are the cost of keeping an asset in good working order. Regular repairs do not extend the useful life of an asset beyond its initial estimate or increase productivity beyond its initial expectations.
Expenditures to keep assets under normal operating conditions. These are necessary for an asset to function as expected during its useful life. They are treated as expenses. Spending makes facilities more efficient or productive
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Answer:ordinary repairs
Explanation:
Suppose that the cpi was 144 in 2016, 150 in 2017, 157 in 2018, and 166 in 2019. what was the inflation rate in 2018?
5.73% was the inflation rate in 2018 as per CPI.
Inflation rate= (Level in new year−Level in previous year)/ Level in previous year*100
= (166- 157/166)*100
= 5.73%
The rate at which prices increase over a specific time period is known as inflation. Inflation is often measured in broad terms, such as the general rise in prices or rise in a nation's cost of living. Pressures on supply or demand side of the economy, monetary policy, CPI , and consumer expectations can all contribute to inflation. According to economists, inflation is the rate of price growth over a specific time period.
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The film noir genre reinforces its dark criminal subject matter by using __________
The film noir genre reinforces its dark criminal subject matter by using expressive lighting.
Sony corporation pioneered the art of video with the introduction of the first handheld video capture camera, the portapak, in 1965. video signals can be sent to multiple monitors for flexible presentations.
A pioneer in film technology and storytelling forms, D.W. Griffiths is known for his films' success in popularizing close-ups. for example, in one of Griffith's short films, the Lonsdale operator (1911), a character has a close-up wrench pretending to be a weapon.
Seurat utilizes this blending technique with shadows. In traditional painting, shadows are primarily black. following the principle of pointillism, Seurat allows shadows to be defined by the colors they touch.
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Opportunity costs are irrelevant costs when doing capital budgeting analysis.
a) true
b) false
Opportunity costs are irrelevant costs when doing capital budgeting analysis. The given statement is FALSE.
Opportunity cost is the advantage that was lost because a particular option was not selected.
It is necessary to weigh the advantages and disadvantages of each choice offered in order to correctly assess opportunity costs.
Opportunity costs have a value that can help people and businesses make more lucrative decisions.
Opportunity cost is a wholly internal expense that is only utilized for strategic consideration; it is not included in accounting profit and is not reported externally.
Costs that won't be impacted by a managerial choice are irrelevant costs.
Expenses that will be impacted by a managerial choice are relevant costs.
When you choose one course of action over another, irrelevant expenses won't change in the future.
Sunk expenses, committed costs, and overheads are examples of irrelevant costs because they cannot be avoided.
Hence, the given statement is FALSE.
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Lucy has recorded her weekly lecture to deliver to her students in their online classroom. This type of business presentation is called a(n) ________.
Answer:
Lucy has recorded her weekly lecture to deliver to her students in their online classroom. webinar. a complete sentence or two introducing each major idea.
If the daily demand is 100 units and the lead time is 10 days, the reorder point is?
If the daily demand is 100 units and the lead time is 10 days, the reorder point is 1000 units
The formula for reorder point is:
Reorder point = (Average daily demand * Lead time) + Safety stock
putting the values in the above formual, we get,
Reorder point = (100 * 10) + 0
Reorder point = 1000 units
Demand is the number of consumers willing and able to purchase a product at various prices over a period of time. Demand for goods refers to consumers' desire to purchase goods and their willingness and ability to pay for them.
For example, if a consumer is hungry and buys a slice of pizza, the first slice has the highest utility or utility. Each additional piece makes the consumer happier and the profit decreases. Theoretically, the first production can get a higher price from the consumer.
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