In order to facilitate supply chain optimization and strategic sourcing, organizations may use supply base reduction. List and briefly explain at least four benefits of supply base reduction.
Answers
Supply base reduction is a technique that organizations may use to improve supply chain optimization and strategic sourcing. There are four benefits of supply base reduction as Cost Reduction, Enhanced Collaboration, Better Quality Control, and a Simplified Procurement Process.
1. Cost Reduction: Supply base reduction enables organizations to lower their overall costs by decreasing the number of suppliers they deal with.
The supply chain becomes more effective and less expensive as a result of having fewer suppliers to handle.
2. Enhanced Collaboration: Having a limited number of suppliers fosters a closer relationship with each supplier, resulting in better communication and improved collaboration.
3. Better Quality Control: By limiting the number of suppliers, organizations may devote more time and resources to ensuring the quality of the supplies received.
This reduces the likelihood of issues arising and improves the company's reputation.
4. Simplified Procurement Process: With a smaller supplier base, organizations can simplify their procurement process by establishing preferred supplier arrangements, reducing the time and money spent on supplier selection and evaluation.
Read more about Supply chain optimization.
https://brainly.com/question/31284906
#SPJ11
Related Questions
the desire to work fewer hours is one of the main drives for those who choose to become entrepreneurs. True/False
Answers
The given statement that "the desire to work fewer hours is one of the main drives for those who choose to become entrepreneurs" is FALSE.Why is it false?
Starting and running a successful business requires a lot of hard work and dedication. It is not the case that people who want to become entrepreneurs simply want to work fewer hours.The fact is that, while entrepreneurs may have more control over their schedules, they often work more hours than they would if they were employed by someone else.Entrepreneurs do so because they're passionate about what they do and want to succeed in their ventures.
They are frequently motivated by the prospect of financial rewards as well as the chance to create something new and make a difference in the world.Thus, the main answer to this question is that the statement given is FALSE.The explanation to this answer is that starting and running a successful business requires a lot of hard work and dedication. Entrepreneurs are motivated by passion, financial rewards, and the desire to create something new.
To know more about entrepreneurs visit:
https://brainly.com/question/30580906
#SPJ11
to be effective, control systems must :
a. be based on subjective standards
b. communicate needed information upward in the organizationb
c. be acceptable to top stockholders
d. use multiple approaches
e. centralize decision making
Answers
To be effective, control systems must use multiple approaches.
To be effective, control systems should employ multiple approaches. Control systems are designed to monitor and evaluate the performance of individuals, departments, or the organization as a whole. By using multiple approaches, organizations can ensure a comprehensive and well-rounded control mechanism. This may include a combination of financial controls, operational controls, performance indicators, feedback mechanisms, and qualitative assessments.
Using multiple approaches allows for a more balanced and comprehensive evaluation of performance, helps identify areas for improvement, and provides a more accurate picture of overall organizational effectiveness. It also helps in minimizing the reliance on any single control method, reducing the risk of bias or overlooking critical aspects of performance.
Know more about control systems here:
https://brainly.com/question/28136844
#SPJ11
What do you think Anielski means by the phrase
"a depletion of the social capital upon which an
economy depends"? Do you agree with him?
Answers
Answer: yes I agree the him
Explanation:
Discuss in your own words
1. Discuss the importance of having sources of capital and
good network in starting a business
2. Describe the role of legal requirments in starting a
business
3. Explain
Answers
1. Importance of sources of capital and good network in starting a business
The importance of having sources of capital and a good network in starting a business is that it provides a solid foundation for the company. Capital is required to invest in assets and support daily operations, while networking provides opportunities for collaboration, expansion, and access to resources. Both elements are critical to the growth and success of a business.
Sourcing capital is essential in supporting the development of a business idea from the onset. It is often challenging to find willing investors or lenders, but having a business plan that is well-thought-out, achievable, and marketable will go a long way in attracting support. Investors and lenders want to see that the business idea has the potential to make profits, as well as the ability to pay back the investment or loan.
Networks are essential in providing opportunities for growth and collaboration. Networking involves building relationships with other businesses, entrepreneurs, potential investors, and other stakeholders. These relationships can lead to referrals, recommendations, and other resources that can help the business grow and expand. Networking also provides the opportunity to learn from others who have already been successful in the field.
2. Role of legal requirements in starting a business
Legal requirements are essential in starting a business. The main answer regarding the role of legal requirements in starting a business is that they provide a framework for the business to operate within. These requirements help to protect the business, its employees, customers, and the environment. Legal requirements are also essential in ensuring that the business is operating legally and ethically.
The role of legal requirements in starting a business is to provide guidelines that businesses must follow. These requirements include registering the business, obtaining licenses and permits, paying taxes, adhering to zoning regulations, and following labor laws. Legal requirements also include environmental regulations, health and safety standards, and product labeling requirements. By complying with these requirements, businesses are demonstrating their commitment to operating ethically and legally, which helps to build trust with customers, employees, and investors.
Learn more about business plan: https://brainly.com/question/13160849
#SPJ11
Select the correct answer.
Which set of costs reflect the tradeoff of economic order quantity (EOQ)?
O A.
ordering and carrying costs
O B.
fixed and variable costs
• C.
marginal and utility costs
• D.
marginal and semi-variable costs
Answers
ordering and carrying costs are the set of costs that reflect the tradeoff of the economic order quantity (EOQ).
A financial system is a place of production, distribution and change, in addition to the consumption of goods and offerings. In trendy, it is defined as a social domain that emphasizes the practices, discourses, and fabric expressions related to the production, use, and management of scarce resources economics is the examination of scarcity and its implications for the use of assets, production of products and services, the boom of production and welfare through the years, and a first-rate variety of different complex troubles of essential difficulty to society.
The look at of economics facilitates humans to apprehend the world around them. It enables humans to recognize people, corporations, markets and governments, and therefore better respond to the threats and opportunities that emerge while things trade.
Learn more about economic here: https://brainly.com/question/17996535
#SPJ1
Las 7) Find the production level that will maximize the profit if the cost and price functions are Ca) = 10000 + 500x - 1.6x? +0.001x and ple) = 1700 - 7. many recommends that the company manufacture
Answers
To find the production level that maximizes profit, we need to determine the quantity that maximizes the difference between the revenue and cost functions. The cost function is Ca(x) = 10000 + 500x - \(1.6x^2\)+ 0.001x, and the price function is ple(x) = 1700 - 7x.
To maximize profit, we need to find the quantity x at which the difference between the revenue and cost functions is maximized. The revenue function is given by R(x) = ple(x) * x, where ple(x) represents the price function and x represents the quantity produced. In this case, the price function is ple(x) = 1700 - 7x.
The cost function is given by Ca(x) = 10000 + 500x - \(1.6x^2\) + 0.001x, which represents the total cost of production as a function of quantity x. To find the quantity that maximizes profit, we need to find the critical point of the profit function, P(x) = R(x) - Ca(x).
To find the critical point, we take the derivative of P(x) with respect to x, set it equal to zero, and solve for x. This will give us the production level that maximizes profit.
Once the critical point is found, we can evaluate whether it corresponds to a maximum or minimum by examining the second derivative of P(x). If the second derivative is negative, it indicates a maximum profit.
Therefore, by finding the critical point and analyzing the second derivative, we can determine the production level that will maximize profit for the company.
Learn more about profit, below:
https://brainly.com/question/29662354
#SPJ11
Please provide the answers to the questions
below
Question 1
Name the 6 Factors that affect the Macro-Environment.
Answers
The macro-environment consists of political, economic, social, technological, legal, and environmental factors that influence an organization's growth and success.
The macro-environment comprises of the large scale forces and factors that have an impact on the ability of an organization to grow and be prosperous. These factors are primarily outside the control of the company. They are identified using a PESTLE analysis. The 6 Factors that affect the Macro-Environment include the following:
Political Factors, Economic Factors, Social Factors, Technological Factors, Legal Factors, Environmental Factors.
Political Factors: Political factors include the legal, political, and regulatory environment within which the company operates. It includes factors like government policies, trade restrictions, tax policies, labor laws, environmental regulations, and political stability.
Economic Factors: Economic factors include the overall state of the economy, the availability of credit, the level of income and wealth, and interest rates. It includes factors like inflation, unemployment, economic growth, and exchange rates.
Social Factors: Social factors include the demographic trends of the society, cultural and social norms, health and welfare, and the education level of the population. It includes factors like age distribution, consumer attitudes, social mobility, and lifestyle trends.
Technological Factors: Technological factors include the technological advancements in the market, innovations, and the rate of change of technology. It includes factors like R&D activities, innovation incentives, and patents.
Legal Factors: Legal factors include the legal environment within which the company operates, regulations, and laws, which may have an impact on the company. It includes factors like labor law, consumer law, and health and safety.
Environmental Factors: Environmental factors include the natural environment and the impact that the company has on the environment. It includes factors like pollution, waste management, and sustainable development.
To learn more about macro-environment visit:
https://brainly.com/question/16080962
#SPJ11
liberal institutionalism is conducive to explaining environmental regimes because
Answers
Liberal institutionalism is conducive to explaining environmental regimes because:
1. Emphasis on cooperation: Liberal institutionalism focuses on the role of international institutions in promoting cooperation among states. Environmental issues often require collective action, as they transcend national borders and affect multiple countries. Environmental regimes facilitate cooperation by providing a platform for negotiation and decision-making.
2. Information sharing: Environmental regimes foster information sharing among member states, which is a crucial aspect of addressing complex environmental challenges. Liberal institutionalism argues that institutions can reduce uncertainty and increase trust among states, making them more likely to share information and expertise.
3. Rule-based behavior: Liberal institutionalism highlights the importance of rules and norms in shaping state behavior. Environmental regimes establish rules that member states are expected to follow, creating a more predictable and stable environment for addressing environmental issues.
4. Monitoring and enforcement mechanisms: Environmental regimes often include monitoring and enforcement mechanisms to ensure compliance with agreed-upon rules. Liberal institutionalism suggests that such mechanisms can improve the effectiveness of international cooperation by deterring free-riding and promoting compliance.
5. Long-term focus: Environmental challenges often require long-term commitments and strategies. Liberal institutionalism posits that international institutions can facilitate long-term cooperation by providing a stable and predictable framework for states to work together.
In summary, liberal institutionalism provides a useful framework for understanding the formation and functioning of environmental regimes, as it emphasizes the importance of cooperation, information sharing, rule-based behavior, monitoring and enforcement, and long-term focus in addressing global environmental challenges.
Know more about Liberal institutionalism here:
https://brainly.com/question/31720192
#SPJ11
Role of Insurance in a Business Environment - minimizing the risk of loss due to a tortious action on the part of the employer or employee (vicarious liability)
What is the primary purpose of a rating service company such as A.M Best?
Determine financial strength of an insurance company
Which of the following is NOT considered advertising?
A rating from a rating service company, such as A.M. Best
A plan in which an employer pays insurance benefits from a fund derived from the employer's current revenues is called
A self-funded plan
A nonparticipating policy will
not pay dividends
What kind of life insurance policy issued by a mutual insurer provides a return of divisible surplus?
participating life insurance policy
Why are dividends from a mutual insurer not subject to taxation?
Because dividends are considered to be a return of premium
A type of insurer that is owned by its policyowners is called
A mutual insurer is owned by its policyowners.
A life insurance company has transferred some of its risk to another insurer. The insurer assuming the risk is called the
reinsurer. When risk is transferred from one insurer to another, the insurer assuming the risk is called the reinsurer.
A nonparticipating company is sometimes called a(n)
stock insurer. A stock insurer is referred to as a nonparticipating company because policyholders do not participate in dividends resulting from stock ownership.
Karen is a producer who has obtained personal information about a client without having a legitimate reason to do so. Under the McCarran-Ferguson Act, what is the minimum penalty for this?
A fine of $10,000 or up to one year in jail is the penalty for any person who obtains information about a client without having a legitimate reason to receive it.
An insurer's ability to make unpredictable payouts to policyowners is called
liquidity. Liquidity indicates a company's ability to make unpredictable payouts to policyowners.
Answers
Reducing the likelihood that a loss may result from a tort on the side of the employer or employee When an employer is held vicariously liable for the actions of his employees, it means that the employer is also held accountable.
There are limits to vicarious culpability. The frolic and divert defence is one of the most widely used strategies. The frolic and detour rule decides whether employers will be held vicariously accountable when employees hurt others while behaving beyond the scope of their employment.
For violations of Article 21 involving tortious conduct by employees while on the job, the Union and State governments would be held accountable. In many cases, the Supreme Court granted monetary settlements. Regarding Nibati Behera v.
Read more about vicarious liability at
https://brainly.com/question/20037829
#SPJ4
why are medical related professions and human resources important?
Answers
Answer:
because sometimes they help us to get some medicine which can be used to cure a particular disease
PLEASE HELP!!!!!!!!!!!!!!
Type the correct answer in the box. Spell all words correctly.
Alisha appears to be overconfident which makes her unapproachable to her employees. Which negative quality is she displaying?
Alisha is displaying the negative quality of___.
Answers
As Alisha appears to be overconfident which makes her unapproachable to her employees, the negative quality that she is displaying is known as arrogance.
What is an arrogance?It refers to the personality trait whereby a person has an obnoxiously elevated sense of self-worth. An arrogant individual is one who acts as if they are more superior, worthy, and important than others. So, they tend to disrespect and put others down.
While an arrogance can make someone feel strong and be a coping strategy for low self-esteem initially, the long term arrogance is harmful as it can contributes to loneliness, depression, lack of direction and success. It can also impact the physical health if its pushes you to take unnecessary risks. It is possible to change arrogant ways of thinking, when we feel stuck or have noticed arrogant tendencies, then, the mindfulness, gratitude and focusing on curtailing these thoughts can help.
Therefore, as Alisha appears to be overconfident which makes her unapproachable to her employees, the negative quality that she is displaying is known as arrogance.
Read more about arrogance
brainly.com/question/8048085
#SPJ1
Two individuals at a retail store work the same cash register. You evaluate this situation as.
Answers
on an income statement, the revenues are more than the expenses this result in cash flow from ------- activities a. investing b. financing c. operating d. marketing
Answers
On an income statement, if the revenues are greater than the expenses, it results in cash flow from operating activities. This is because revenues and expenses are part of operating activities, while investing activities deal with investments in long-term assets, and financing activities deal with changes in liabilities and equity.
However, it is worth noting that the income statement is just one part of the cash flow statement. While the income statement records a company's revenues and expenses over a period of time, the cash flow statement reports a company's cash inflows and outflows over the same period. The cash flow statement consists of three sections: operating activities, investing activities, and financing activities.
The cash flow from operating activities shows how much cash a company generates or uses from its core operations, while investing activities show how much cash is used or generated by buying or selling long-term assets. Financing activities show how much cash is used or generated from changes in liabilities and equity.
To know more about income statement refer to:
https://brainly.com/question/15169974
#SPJ11
reid company's balance in prepaid insurance at the beginning and end of the year was $1,000 and $1,200, respectively. this will be reported on the statement of cash flows using the indirect method as:
Answers
The increase in prepaid insurance of $200 will be subtracted from net income when preparing the statement of cash flows using the indirect method.
The statement of cash flows is a financial statement that shows the cash inflows and outflows of a company during a specific period. The indirect method is one of the two methods used to prepare the statement of cash flows.
It starts with net income and makes adjustments for non-cash transactions, changes in current assets and liabilities, and other items that affect cash flow.
In this case, the change in prepaid insurance balance from $1,000 at the beginning of the year to $1,200 at the end of the year indicates that the company prepaid $200 more in insurance than it used during the year. Since prepaid insurance is a non-cash asset, the increase in prepaid insurance will be subtracted from net income when preparing the statement of cash flows using the indirect method. This is because the increase in prepaid insurance represents a use of cash that was recorded as an asset on the balance sheet.
Click the below link, to learn more about Cash flows:
https://brainly.com/question/29768594
#SPJ11
One of the major trends in the lodging sector is that organizations are becoming more international.
O False
O True
Mark this and return
Save and Exit
Nex
Subm
Answers
Name at least 2 challenges and at least 2 opportunities for managers in using Organizational Behavior (OB) concepts?
Answers
Answer: Improving Peoples’ Skills
Improving Customer Service
Explanation:
Two challenges and opportunities for managers in using Organizational Behavior (OB) concepts are;
Improving Peoples’ Skills
Improving Customer Service
Improving People's skills would be seen as seeing the people develop in various field and sector where they are performing and an avoidance of this affects the growth of the organization.
Improving the customer service improves the face of the business, once this is catered for, it gives a good reputation about the company.
What was in the sealed box from the Virginia Company in England that the settlers
A opened once they arrived?
B guns and weapons for protection from Indians
C gold
D the names of the seven men who would be the leaders
E a map that showed where the gold was
Answers
Answer:
B
Explanation:
Answer:
The Virginia Company sent a list of seven qualified men who could serve on a council and be the leaders. The company leaders did this because they knew the men would have a hard time agreeing on who should be the leaders.
Explanation:
Who benefits most from a defined benefit plan? a) employees with more years until retirement b) all benefit the same c) older employees d) younger employees
Answers
Older employees are most benefited from Defined benefit plan.
Who is benefited the most from Defined benefit plan and why?Defined benefit plans is meant to provide fixed and established benefits for older employees who are about to retire or at their retirement.
The fixed benefits provided by this plan is valued by employees.
On the side of employer, business will contribute than (deduct) the defined plans for contribution.
A Defined benefit plan is a retirement plan sponsored by the employer and are computed with the help of various factors from the salary and employment history.
To learn more about the difference between defined benefit plans and contribution plans, refer
https://brainly.com/question/25540285
#SPJ4
the negative impact of the coronavirus as one of the socio- economic issues on businesses
Answers
Answer: reducuced workforce across all economic sectors and caused many jobs to be lost.
Explanation:
How do I Identify ways in which local businesses apply the marketing concept domestically and abroad and determine how it affects the business customers?
Answers
Invest in sponsored social media marketing campaigns or run Face-book banner advertising. Retargeting advertising should be used for prospects who have already visited your website. Customers social media contests to attract new clients.
Promote your products on the radio or television. International marketing is vital since it exposes your company to a bigger, global audience. On a brand level, foreign marketing provides opportunities for improved exposure, product awareness, and sales. Local marketing Customers is when you market your business to people within a certain geographical radius, such as those in your neighborhood or city. By focusing on a single area, you can begin to raise awareness of your products and services in the market that is nearest to you.
To learn more about marketing, click here.
https://brainly.com/question/13414268
#SPJ1
When overhead is underapplied, a _____ must be made to the Manufacturing overhead account to close it out.
Answers
It should be noted that When there is under application of overhead a credit must be made.
What is Overhead?Overhead can be regarded as the ongoing business expenses which cannot be attributed directly attributed to creating a product or service.
It is required for budgeting purposes and if underapplied, credit must be made to the Manufacturing overhead account to close it out.
Learn more about Overhead at:
https://brainly.com/question/25887038
when someone discusses alfalfa hay and almonds from california as being virtual water exports, what they really mean is that
Answers
Alfalfa hay and almonds from california as being virtual water exports. These crops consume a lot of water, and most of them are exported out of the country.
Which causes of water pollution are due to human activity quizlet?Agriculture, industry, and mining are the main causes of water contamination, but it becomes worse because of both population expansion and the rate at which we consume resources.Almost every manner we utilize water results in some kind of water contamination.However, industrialisation and the quickening rate of population expansion are the two fundamental drivers of water contamination.Although many dirty water supplies have been cleaned up in developed nations, some water is still severely polluted.To learn more about industrialisation refer,
https://brainly.com/question/13323062
#SPJ4
On July 1, Atlantic Cruise Lines issues a $100,000, eight-month, 7% note. Interest is payable at maturity. What is the amount of interest expense that the company would record in a year-end adjusting entry on December 31
Answers
The answer is $3,500.
Given,
On July 1, Atlantic Cruise Lines issues a $100,000, eight-month, 7% note.
Interest is payable at maturity.
Maturity date = July 1 + 8 months = March 1
Total interest incurred on maturity = Value of the note × Interest rate × time period
= \(100,000 * (0.07) (\frac{8}{12})\)
= $4,666.67
Number of months as on December 31 = 6 months
Therefore, the amount of interest expense that the company would record in a year-end adjustment on December 31 is given by:
Interest expense = Total interest incurred on maturity × no. of months as on December 31
= $4,666.67 × \(\frac{6}{8}\)
= $3,500
Hence, the amount of interest expense that the company would record in a year-end adjusting entry on December 31 is $3,500
Learn more about interest expense:
https://brainly.com/question/11686424
#SPJ4
Mr. Trail engaged in a current year transaction generating 50K cash but only 40K taxable income. If marginal tax rate is 40% compute his after tax cash flow from the transaction?
Answers
Mr. Trail's after-tax cash flow from the transaction is $34,000.
To compute Mr. Trail's after-tax cash flow from the transaction, we need to apply the marginal tax rate of 40% to the taxable income of $40,000. The after-tax cash flow can be calculated as follows:
Tax payable = Taxable income * Marginal tax rate
Tax payable = $40,000 * 40% = $16,000
After-tax cash flow = Cash received - Tax payable
After-tax cash flow = $50,000 - $16,000 = $34,000
Therefore, Mr. Trail's after-tax cash flow from the transaction is $34,000.
Learn more about cash flow here:
https://brainly.com/question/27994727
#SPJ11
1
"I put $200 into my retirement account at work," Maisie says. "And I see that my employer put in $200 in the same account! What is this?" What is
Maisie describing?
A. medical insurance
O B. worker's compensation
OC. matching funds
O D. Social Security
um. All rights reserved.
Reset
Next
G
Answers
In matching funds, as Maisie is discussing, her company makes a contribution to her retirement account that is equal to the one she makes.
What do you mean by matching funds?funding matches. a confirmed cash contribution or financial commitments from approved sources, free of any conflicts of interest, that are used for approved project purposes during the grant financing period.
How do match funds function?The non-federal portion of the total project expenditures that a grantee must contribute in order to fulfill the objectives of the award is known as a match for a federal grant. The program RFP should be consulted because the needed match percentage, sources of match, and other conditions differ from program to program.
To know more about matching funds visit:
https://brainly.com/question/29560628
#SPJ1
brad begins work with his company's newly created product line of personal care products. what overall framework does brad need to use as he starts to work on the marketing mix for these products?
Answers
As Brad begins work with his company's newly created product line of personal care products, he needs to use the overall framework of the marketing mix. This framework consists of the four Ps: product, price, promotion, and place.
What are 4Ps in Marketing?Brad needs to use the 4Ps marketing mix framework as he starts to work on the marketing mix for his company's newly created product line of personal care products. The 4Ps framework consists of:
1. Product: Brad should focus on understanding the specific needs of the target market and ensure that the personal care products being developed cater to those needs. He should consider aspects like quality, design, features, and packaging.
2. Price: Brad needs to determine the optimal pricing strategy for the personal care products. This could involve analyzing competitor pricing, understanding the target market's price sensitivity, and considering the cost of production.
3. Place (Distribution): Brad should identify the best channels to distribute the personal care products, which could include retail stores, e-commerce platforms, or direct sales. He needs to ensure that the products are easily accessible to the target market.
4. Promotion: Lastly, Brad should develop an effective promotional strategy to create awareness and generate interest in the personal care products. This could involve advertising, public relations, sales promotions, and social media marketing.
By using the 4Ps marketing mix framework, Brad will be able to create a well-rounded marketing strategy for the newly created personal care product line.
To know more about 4Ps Marketing
visit:
https://brainly.com/question/31434530
#SPJ11
What are the two factors used to calculate productivity?
A. Goods produced and number of customers
B. Resources invested and goods lost
C. Goods produced and employees hired
D. Goods produced and resources invested
Answers
Goods produced and resources invested re the two factors used to calculate productivity.
How productivity is measured?Productivity is measured from different factors in the organization like the profit generate from the sales, number of customer increases, the amount of money invested in the company, the goods that are consumed of sell within span of time and others.
Thus, option D is correct.
For more details about productivity is measured, click here:
https://brainly.com/question/12693045
#SPJ2
Answer:
Goods produced and resources invested
Explanation:
if you are to choose among the modern theory in management,what particular theory or combination of theories will you apply as a student
Answers
The Systems approach is the contemporary theory that I would employ as a student:
Quantitative, contingent, and systems approaches make up the three main categories of contemporary management theory. These strategies aid in achieving business goals and inspiring staff members.By establishing goals that would result in the accomplishment of organizational objectives, the systems approach is pursued. As a result, it can also be used in a student's life. One can create goals using this strategy and work hard to achieve them.It helps one become more self-assured and motivated to succeed. We can split the ultimate objective by defining goals in the same way that it is done in an organization by breaking the objective down into many components.For instance, if I want to hold a rank, I must study and give each subject the same amount of priority. I can split up my entire day to study several subjects for this. I can learn all the subjects and do well if I do it this way.
Consider scientific management, also referred to as Taylorism, which is likely the most well-established management theory ever. It implies that a manager's responsibility is to boost a production system's efficiency.
Learn more about theory here:
https://brainly.com/question/14543764
#SPJ9
Which of the following characteristics is least unique to a market system?
A. the widespread use of money
B. freedom of enterprise and choice
C. private ownership of property resources
D. competition among buyers and sellers pursuing monetary returns
Answers
The characteristic least unique to a market system is the widespread use of money.
While all the characteristics listed (widespread use of money, freedom of enterprise and choice, private ownership of property resources, competition among buyers and sellers pursuing monetary returns) are important aspects of a market system, the widespread use of money is the least unique. Money is a medium of exchange that facilitates transactions in various economic systems, not just in market systems. Other economic systems, such as command economies, may also utilize money for transactional purposes. In contrast, the remaining characteristics (freedom of enterprise and choice, private ownership of property resources, competition among buyers and sellers pursuing monetary returns) are more closely associated with the fundamental principles and dynamics of a market system.
learn more about market system here:
https://brainly.com/question/30429185
#SPJ11
Fine print contains what? A. Only stuff lawyers require B. A bunch of useless info C. Clear language designed to be easy to read D. Virtually all of the important info in an agreement. Which is it?
Answers
Answer:
D
Explanation:
A fine print is a term that refers to the business usage of the terms and the conditions.
Have important information regarding the company or the documents that are placed in the footnotes and they are essential for entering into an agreement.Hence the option D is correct.
Learn more about the Fine print contains what.
brainly.com/question/21740513.