What are the steps to a detailed recovery plan, when it comes tooperations Management?
Answers
The steps to a detailed recovery plan when it comes to operations management are as follows: Identify the root cause of the problem; Create a team to address the issue; Set goals; Develop a recovery plan; Execute the plan; Monitor progress; Evaluate the plan.
1. Identify the root cause of the problem: The first step is to identify the cause of the problem. It is critical to get to the bottom of the issue to avoid it in the future.
2. Create a team to address the issue: A team should be formed to address the issue. The team must include people from various departments and be led by a project manager.
3. Set goals: The team must set goals and milestones to ensure that the project is completed on time. The goals must be reasonable and achievable.
4. Develop a recovery plan: The team should create a detailed recovery plan. This plan should include a list of activities, timelines, and roles and responsibilities.
5. Execute the plan: The team must implement the recovery plan. The project manager should oversee the plan and keep track of progress.
6. Monitor progress: The team must monitor progress to ensure that the plan is working.
7. Evaluate the plan: After the plan has been executed, the team should evaluate the plan to determine if it was successful. If it was not successful, changes should be made to the plan. If it was successful, the plan should be documented so that it can be used in the future.
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Related Questions
what does disney use at their theme parks and resorts to try to integrate and improve customers’ experiences with their offerings and brand?
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. Suppose the market for personal computers in country A is monopolistically competitive. Country A exports as well as imports personal computers from the rest of the world. After full adjustment to the opening of trade, a firm in this industry which enjoys scale economies will: A. receive a higher price for its product. B. receive a lower price for its product. C. enjoy a greater market share. D. ultimately go out of business. __________ 16. The clustering of
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Answer: B. receive a lower price for its product
Explanation:
Monopolistic competition is a market structure whereby the elements of both monopoly and competitive markets are combined. In such market structure, there are many producers in the market but they're selling differentiated products.
In this case, due to the fact that there's freedom of entry and exit, there'll be more firms coming into the market due to the supernormal profit which is made at first but in the long run, a lower price will be received for goods and services as there are many sellers in the market. Therefore, a normal profit will be made.
What role does product/service management play in marketing?.
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Answer:
El Marketing de Servicios es un conjunto de tácticas que tienen como objetivo agregarle valor al servicio ofrecido, con el fin de persuadir al cliente para que opte por una determinada empresa. A través de una estrategia de Marketing de Servicios, es posible garantizar la máxima satisfacción de consumidores y usuarios
Explanation:
Answer:
✒️Answer:Product/service management is a marketing function that involves obtaining, developing, maintaining, and improving a product or service mix in response to market opportunities.
Explanation:
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The five stages of purchase decision process are problem recognition, information search, _______, purchase decision and ________ behavior.
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The remaining stages of the purchase decision process are: evaluation of alternatives and purchase behavior.
What are the five stages of purchase decision?The five stages of purchase decision are the processes that a potential customer goes through before arriving at the decision to buy a product.
The customer first recognizes a problem, obtains information about it, evaluates alternatives, and finally makes a decision.
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An individual client purchased his residence 5 years ago for $200,000. For 3 of the last 5 years, the client rented out the property for income, and lived in the house of 2 of those years. The client sells the house for $500,000. How much of the gain is taxable
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If we use future value rather than present value to decide whether t make an investment: A) we will make the same decision using either future value or present value. B) we will make a bad decision, since the future value will always be lower if the discount rate is positive. C) we will make a bad decision, since the future value will always be higher if the discount rate is positive D) There is not enough information given to answer the question.
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C) we will make a bad decision, since the future value will always be higher if the discount rate is positive.
Future value represents the value of an investment at a future point in time, while present value represents the value of the investment at the current time. By using future value instead of present value to make an investment decision, we ignore the time value of money, which is the concept that money is worth more in the present than in the future. This means that a dollar today is worth more than a dollar tomorrow, due to factors such as inflation and the potential to earn interest.
Therefore, using future value instead of present value can lead to bad investment decisions, since we are not taking into account the time value of money.
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Please help me ASAP.
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for each of the following, indicate whether the statement relates to managerial accounting (ma) or financial accounting (fa):A. Helps investors make investment decisions FA B. Provides detailed reports on parts of the company FA C. Helps in planning and controlling operations MA D. Reports can influence employee behavior FA E. Reports must follow Generally Accepted Accounting Principles (GAAP) FA F. Reports audited annually by independent certified public accountants
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Managerial accounting is a branch of accounting that focuses on providing financial information and analysis to support management decision-making and control within an organization. Statement (b), (C), (d) is related to
managerial accounting.
For each of the following statements, I'll indicate whether it relates to managerial accounting (MA) or financial accounting (FA):
A. Helps investors make investment decisions: This statement relates to Financial Accounting (FA) since it focuses on providing financial information to external stakeholders like investors.
B. Provides detailed reports on parts of the company: This statement relates to Managerial Accounting (MA) as it deals with internal reporting for management purposes and decision-making.
C. Helps in planning and controlling operations: This statement relates to Managerial Accounting (MA) since it assists management in making operational decisions and control.
D. Reports can influence employee behavior: This statement relates to Managerial Accounting (MA) because internal reports are used to guide and motivate employee performance.
E. Reports must follow Generally Accepted Accounting Principles (GAAP): This statement relates to Financial Accounting (FA) as financial reports need to adhere to GAAP for accuracy and consistency.
F. Reports audited annually by independent certified public accountants: This statement relates to Financial Accounting (FA) since financial statements are audited by external parties to ensure accuracy and compliance.
In summary, statements A, E, and F relate to Financial Accounting (FA), while statements B, C, and D relate to Managerial Accounting (MA).
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according to auditing standards what is the auditors obligation to consider whether the client can continue as a going concern
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The auditor has a responsibility to evaluate whether there is substantial doubt about the entity's ability to continue as a going concern for a reasonable period of time, not to exceed one year beyond the date of the financial statements being audited (hereinafter referred to as a reasonable period of time).
A purchaser is a person who buys products or services from an organization, while a client refers to a certain form of a patron who purchases professional offerings from a commercial enterprise. commonly speak to me, customers buy products even as clients purchase advice and solutions.
In sales, commerce, and economics, a client (sometimes called a purchaser, buyer, or purchaser) is the recipient of a great, carrier, product, or concept - received from a dealer, supplier, or dealer through an economic transaction or change for cash or a few other valuable attentions. The question of patron ownership is a smooth one to answer, strictly speaking. The purchaser owns the consumer, and they have each right to direct patronage and loyalty as they see fit. but in some cases, they do not get the hazard.
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Complete Question:
according to auditing standards, what is the auditor's obligation to consider whether the client can continue as a going concern for a reasonable period of time?
what level are inputs for estimating fair values are based on inputs that are readily available via prices for identical assets or liabilities in actively traded markets such as securities exchanges?
Answers
The level you are referring to is Level 1 inputs. In the context of estimating fair values, the Financial Accounting Standards Board (FASB) developed a fair value hierarchy known as the three-level hierarchy.
This hierarchy categorizes inputs used in valuation techniques into three levels based on their reliability and availability.
Level 1 inputs are considered the most reliable and are based on quoted prices for identical assets or liabilities in active markets. These inputs are readily observable and can be directly obtained from reliable sources, such as securities exchanges. Level 1 inputs provide the highest degree of transparency and objectivity in fair value measurements.
Examples of Level 1 inputs include publicly traded stocks, bonds, and other financial instruments that have readily available market prices. The prices of these assets or liabilities can be easily obtained from exchanges or other reliable pricing sources.
It's important to note that Level 1 inputs are considered the most reliable because they are based on actual market transactions and reflect current market prices.
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Please help will mark brainliest
Answers
Answer:
first b
second b
third a
Explanation:
Answer:
for the first one is b
and the second one is b
lastly last one is C
if im correct yq
Which descriptions offer examples of Consumer Services workers? Check all that apply.
Agatha helps people having a difficult time applying for loans.
Yasmine manages apartment buildings, and oversees their rentals to tenants.
Titus cares for young children in private homes.
Enrique responds to customers to resolve their complaints about items they purchased.
Deshawn organizes activities, programs, and events for a religious group.
Zoe organizes and oversees funeral services.
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Answer:
Agatha helps people having a difficult time applying for loans.
Yasmine manages apartment buildings, and oversees their rentals to tenants.
Enrique responds to customers to resolve their complaints about items they purchased.
Explanation:
Just answered this question.
Answer:
abd
Explanation:
the buyer attains the right to insure the goods once the goods are identified to the contract.
T
F
Answers
True, the buyer attains the right to insure the goods once they are identified to the contract.
Upon identification, the buyer has an insurable interest in the goods, granting them the right to secure insurance coverage.
In a sales contract, goods are considered "identified" when they are specifically designated as the subject matter of the contract. This identification can occur at the time the contract is made or at a later point, depending on the nature of the transaction. Once the goods are identified, the buyer has a vested interest in ensuring their protection, as they are now legally connected to the items in question.
The right to insure the goods helps protect the buyer's financial interest in the transaction. If the goods are damaged, lost, or destroyed before the buyer takes possession, insurance coverage can compensate for the loss. This is particularly important in cases where the goods are being shipped over long distances or are of high value.
Moreover, having the right to insure the goods also helps promote fair business practices and ensures both parties fulfill their contractual obligations. If the seller fails to deliver the goods as agreed, or if the goods are damaged due to the seller's negligence, the buyer can seek compensation through the insurance policy.
In conclusion, it is true that the buyer attains the right to insure the goods once they are identified to the contract. This right is crucial for safeguarding the buyer's financial interest and promoting a fair and transparent sales process.
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Which is not an output of the activity definition process?
a. Activity list
b. Work
break down structure
c. Activity attributes
d. Milestone list
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The correct answer is d. Milestone list. The activity definition process is part of project planning and involves identifying and documenting the specific activities needed to complete the project scope. The outputs of this process typically include:
a. Activity list: A comprehensive list of all the activities required to complete the project. b. Work breakdown structure (WBS): A hierarchical decomposition of the project deliverables into smaller, manageable work packages and activities. c. Activity attributes: Additional details and information associated with each activity, such as activity codes, descriptions, predecessors, resources required, and duration estimates. A milestone list, on the other hand, is typically an output of the activity sequencing process, which follows the activity definition process. Milestones represent significant events or achievements in a project and are used to track progress and monitor project timelines. Therefore, the correct answer is d. The milestone list is not an output of the activity definition process.
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The Monarch Division of Allgood Corporation has a current ROI of 13 percent. The company target ROI is 9 percent. The Monarch Division has an opportunity to invest $5,700,000 at 11 percent but is reluctant to do so because its ROI will fall to 12.24 percent. The present investment base for the division is $9,300,000. Required Calculate the current residual income and the residual income with the new investment opportunity being included. Based on your answers to requirement a, should Monarch Division make the investment?
Calculate the current residual income and the residual income with the new investment opportunity being included.
Based on your answers to requirement a, should Monarch Division make the investment?
Answers
Answer and Explanation:
The computation is shown below:
Current residual Income is
= current investment base × (Current ROI - Target ROI)
= $9,300,000 × (13% - 9%)
= $9,300,000 × 4%
= $372,000
Now
New residual income is
= (New investment base) × (New ROI - target ROI)
= ($9,300,000 + $5,700,000) × (12.24% - 9%)
= $15,000,000 × 3.24%
= $486,000
Yes, Monarch division should make the investment because the new residual income is more than the present residual income
If a business has no answer to fight back against its competition, then the _____ risk has been encountered.
1. financial
2. strategic
3. compliance
4. operational
Answers
the act or process of complying to a desire, demand, proposal, or regimen or to coercion
What does the value of collateral or down payment affect? Check all that apply.
the amount borrowed
the interest rate
the lender’s perceived risk
the repayment schedule
the credit cards available
Answers
Answer:
the value of collateral or down payment affect :
1. the amount borrowed
2. the repayment schedule
Explanation:
Only the amount borrowed and repayment schedule are affected by the value of collateral or down payment.
This is so because, the collateral or down payment instantly reduces the amount borrowed from the lender known as the Principle Amount.
Once the Principle amount is reduced, the instalments or repayment of interest and capital also reduces and some times the length of time for paying back the amount borrowed.
The value of collateral or down payment affects:
The amount borrowed The interest rate The lender’s perceived riskCollateral refers to an item of equal worth that is given to a lender to hold in case of a default in payment. The collateral or down payment that is deposited for a purchase will be equivalent to the amount borrowed.
A television set will not be equivalent collateral for a loan of $100,000. The collateral will also be measurable to the perceived risk of the lender.
The higher the perceived risk, the higher the collateral. The interest rate will also affect collateral. So, options 1, 2, and 3 are correct.
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give four reason as to why being an entrepreneur is beneficial than a doing a job
Answers
Answer:
Hope this helps!
4 reasons:
Explanation:
1) Being an entrepreneur is beneficial because it helps you get to know yourself better. You get to be your own boss.
2) Entrepreneurs get to make their own schedule. You can work for flexible hours.
3) You get to be more independent. Taking entrepreneurship will grant you freedom.
4) Choosing to be an entrepreneur is a big risk. This means your taking a challenge in your life. You'll make yourself stronger!
The best part though? It is a big satisfaction when you succeed, yeah and you'll definitely be proud of yourself.
4. Use the Internet to find an online job posting. Try searching a site like careerbuilder.com or monster.com. Then complete the items below. a. List the link to the posting. (1.0 point) b. List at least two requirements of the job. Complete sentences are not necessary. (2.0 points) c. List at least three tasks that are a part of the job. Complete sentences are not necessary. (3.0 points) d. Write 1-2 sentences explaining why or why not this job would be a good fit for you (2.0 points)
Answers
Answer and Explanation:
Hello. Brainly does not allow links to be placed in responses, which makes it impossible for me to answer your first question. However, you can find this job vacancy in the careerbuilder when searching for Internet / BDC Director.
Two requirements that this job vacancy requires of possible candidates are: Knowledge of management of social networks and experiences with online sales.
The individual who is interested in this job vacancy, if hired, will have to carry out online and face-to-face sales, perform administrative functions and perform customer service whenever necessary.
This job is not a good option for me, because I have no experience in sales, but this is a very promising job vacancy, with a fair salary and benefits, I believe that if I had the requirements, I would do very well in this type of job.
Answer:
1. https://www.careerbuilder.com/job/J337WK6Y75401Z09WZ9
2. · Ideal to have 1 year experience as a pharmacy technician coordinating activities in an administrative support function.
· Must have valid Pharmacy Technician License
3. Working with patients to explain and educate on medical questions
· Tracking and logging vaccination details into EMR (electronic medical records system)
· Assisting Pharmacist as needed
4. This job would be a good fit for me, because I am compassionate, patient, and pay attention to detail. My mathematical skills are excellent, and like working with a team of health care professionals.
Explanation:
activities that generally include sensorimotor activities, manipulative toys, and task completion type activities best describes what type of play?
Answers
Activities that generally include sensorimotor activities, manipulative toys, and task completion type activities best describes Beginning Play .
What is sensorimotor activities?
A newborn experiences the world while simultaneously growing their brain and body through crawling, balancing, visual tracking, and coordination. Sensorimotor system delays are frequent in kids who have learning or developmental problems.What are the sensorimotor stage's activities?
It starts from birth and continues until age 2. Your child picks up knowledge about the world by interacting with their environment during this time by employing their senses. They handle objects, lick them, thrash them about (joyfully, we might add), and then put them in their mouths. They start to work on their fine motor abilities as well.Learn more about sensorimotor activities.
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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
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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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select all that apply a company received $600 for services previously billed. this transaction would be recorded with:
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For services that were previously billed, a business received $600. A debit would be made from cash and a credit would be made from accounts receivable for this transaction.
What is transaction?An agreement between a buyer and a seller to trade products, services, or assets in exchange for money is referred to as a financial transaction. Each transaction involves a shift in the financial standing of two or more businesses or people. An agreement that has been fulfilled between a buyer and a seller to trade goods, services, or financial assets in exchange for cash is referred to as a transaction. In corporate accounting, the phrase is also frequently used.The following are a few examples of transactions: paying a supplier after receiving products or services from them. acquiring ownership of a property the seller previously owned by paying the seller with cash and a note. remuneration for hours done.To learn more about transaction, refer to:
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If an engine has a Base Timing of 10° BTDC, but is currently firing at 5°, which is it
Answers
Based on the principle of starting engine, the correct answer is turbocharged engine
Turbocharged engineStarting a turbocharged engine, the timing is reduced to compel the peak starting pressure later in the combustion stroke.In conclusion, we can conclude that the correct answer is turbocharged engine.
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How does the minimum wage affect the market for labor?
a. It may prevent the market for labor from clearing, causing unemployment.
b. It causes a shortage of labor.
c. It increases employment in all sectors.
d. It allows the market for labor to reach equilibrium quickly.
Answers
Answer:
I think it may be B
Explanation:
Because labours come to only gulfil their job which was occupied by the machines.Atleast for making machines labours are needed.so,as the machinenary increases they expect the labours to decrease.
1. Suzie’s Flowers purchases a wide variety of houseplants. One of Suzie's favorites, the large split leaf philodendron, costs $13.50 from the wholesaler and requires an additional $1.00 per plant to take care of and then package prior to sale. Suzie's normal markup on houseplants is 55%. What would be the retail selling price of a large split leaf philodendron?
2. A manufacturer sells a 3-person tent to its wholesalers for $59.95. Wholesalers take a markup on selling price of 15% and sell to retailers who take a markup on selling price of 45%. How much does this tent cost you?
Answers
Answer:
$22.475 and $99.96
Explanation:
1. Split-leaf philodendron, costs $13.50 and requires an additional $1.00 per plant to prepare for a sale. The total cost of the plant is $14.50 ($13.50 + $1.00)
If Suzie desires a 55% mark-up, the retail prices will be the cost price plus 55% of the cost.
The cost price of $14.50 is equal to 100%
the retail price will be 155% of $14.50
=155/100 x $14.50
=1.55 x $14.50
=$22.475
2. The manufacturer sells the tent for $59.95.
$59.95 is equivalent to 100%. If wholesalers mark-up is 15%, they will sell the tents to retailers at 115% of $59.95
=115/100 x $59.95
=1.15 x $59.95
=$68.94
Retailers mark up is 45% of $68.94. consumers buy the tents at 145% of $68.94
=145/100 x $68.94
=1.45 x $68.94
=$99.96
Which function of print media do textbooks primarily serve?a. Transmission of cultureb. Diffusion of ideas and knowledgec. Marketingd. Entertainment
Answers
Textbooks primarily serve the function of Diffusion of ideas and knowledge.
What is print media?
Print media is a type of media that uses ink and paper or other tangible materials to distribute information to the public. Printed media encompasses a wide range of media such as newspapers, magazines, books, brochures, and other tangible materials.
The printing process of print media can range from traditional letterpress printing to digital printing. The following are the functions of print media:
Diffusion of ideas and knowledge Transmission of culture Marketing Entertainment Function of print media Print media is a medium through which information is conveyed to a vast majority of people. It can be in the form of newspapers, books, magazines, brochures, etc.
The following are the functions of print media; Diffusion of ideas and knowledge Transmission of culture Marketing Entertainment Textbooks primarily serve the function of Diffusion of ideas and knowledge.
It is used to provide knowledge to the students. Textbooks are educational resources that serve as a guide for students in understanding various topics.
They help students to understand the fundamentals of the subject and also build a strong foundation for learning. Therefore, textbooks primarily serve the function of Diffusion of ideas and knowledge.
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Suppose you are evaluating the profit earned by a pharmaceutical company that produces three different medicines. Instructions: In order to receive full credit, you must make a selection for each option. What values below will help you determine the company's revenue?
Answers
To determine the revenue of a pharmaceutical company that produces three different medicines, the following values will help quantity of each medicine produced sale price of each medicine produced Revenue is the total amount of money earned by a business from its operations.
In the pharmaceutical industry, revenue is determined by the quantity of drugs produced and the sale price of each drug. A pharmaceutical company that produces three different drugs must track the quantity of each drug produced and the sale price of each drug to calculate its revenue.To calculate the revenue, the quantity of each drug produced must be multiplied by its sale price, and the results must be added together. This will give you the total revenue for the company.
For example, if a pharmaceutical company produces 10,000 units of Drug A and sells each unit for $10, the revenue from Drug A would be $100,000. Similarly, if the company produces 5,000 units of Drug B and sells each unit for $20, the revenue from Drug B would be $100,000. Finally, if the company produces 2,000 units of Drug C and sells each unit for $50, the revenue from Drug C would be $100,000. Therefore, the total revenue for the company would be $300,000.
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when two organizations cease to exist and a new corporation is formed, this is called a(n):a.alliance.b.joint venture.c.merger.d.acquisition.a.prescription drugsb.clinical researchc.prospective payment systemd.multipayer system
Answers
When two organizations cease to exist and a new corporation is formed, this is called a merger. It involves the combining of two or more companies into a single entity, which can result in increased efficiency, cost savings, and market power.
An alliance and a joint venture refer to collaborations between two or more companies without forming a new entity, while an acquisition involves one company taking over another. The terms prescription drugs, clinical research, prospective payment system, and multipayer system are unrelated to the question and therefore not applicable to the answer.
Mergers are often driven by the desire to achieve economies of scale, to expand into new markets, or to acquire new technologies or skills.
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Which element is not part of Task Environment? O A. customers O B. competitors O C. suppliers D. economic environment O E. labor market
Answers
The element that is not typically considered part of the task environment is the economic environment. , while customers, competitors, suppliers, and the labor market are considered key components.
The task environment refers to the specific external factors and entities that directly affect an organization's operations and performance. It includes elements that the organization interacts with on a regular basis and has a direct impact on its ability to achieve its goals. The primary elements of the task environment include customers, competitors, suppliers, and the labor market.
Customers are essential to any organization as they are the ones who purchase the goods or services offered by the organization. Competitors are other organizations operating in the same industry or market, providing similar products or services and competing for the same customers. Suppliers are entities that provide the necessary resources, materials, or components for an organization's operations.
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the commodity chain concept allows us to see how consumption is the final step in a series of activities a. retailing b. value-adding c. manufacturing d. none of the above
Answers
The commodity chain concept allows us to see how consumption is the final step in a series of Retailing, Value-adding, manufacturing activities.
What is commodity chain concept?A commodity chain is a procedure used by businesses to collect resources, turn them into products or commodities, and then distribute them to customers. A commodity is created as a result of a network of connections between various production and distribution locations and is then traded on the global market.
Value chains, also referred to as commodity chains, are a progression of steps that are influenced by the location and accessibility of raw materials, the cost of production, and the location of the primary markets for consumption. This process makes it possible to supply goods to markets.
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