What must a firm that pursues a cost-leadership strategy do in order to nurture and constantly upgrade core competencies in manufacturing and logistics

Answers

Answer 1

The firm must ensure upgrading the departments core competencies through making sure that employees have the innate ability or  skills demanded.

Firms that adopt the Cost leadership strategy does so to earn higher returns and competitive advantages through of offering of products at lowest prices in the market.

The core competencies in manufacturing and logistics includes pro-activeness, ability to handle documents properly, strategic thinking, forward thinking, logical decision-making, networking abilities etc

However, the firm must ensure upgrading the departments core competencies through making sure that employees have the innate ability or  skills demanded.

Read more about this here

brainly.com/question/6214273


Related Questions

What is feasibility? Multiple Choice Difficult to quantify or measure. Easy to quantify and typically measured to determine the success or failure of a project. The measure of the tangible and intangible benefits of an information system. Periodic reviews of actual performance versus expected performance.

Answers

According to business operation analysis, the feasibility measures the tangible and intangible benefits of an information system.

This is because feasibility is the study or analysis of a project to show if the project can be conducted or not.

Feasibility is used to measure or analyze the practicality of a project, and it forms an integral part of a project design or plan.

Hence, in this case, it is concluded that the correct answer is option C. "The measure of the tangible and intangible benefits of an information system."

Learn more about feasibility here: https://brainly.com/question/21519922

Gerritt wants to buy a car that costs $29,250. The interest rate on his loan is 5. 53 percent compounded monthly and the loan is for 6 years. What are his monthly payments?.

Answers

Answer and Explanation: The answer is in the 1st image, and the explanation is in the 2nd image.

The monthly payment would be an amount of $541.04 for a car that costs $29,250.

What is a monthly payment?

A monthly payment is a payment made every month to pay off loans or advances. It's similar to EMI.

Given that Gerritt wants to purchase a car for $29,250. His loan has a compounded monthly interest rate of 5.53 percent and a term of 6 years

The total payback = P× r/100 × T + P

Here P = $29,250, r = 5.53 , and T = 6 years

The total payback = 29,250× 5.53 /100 × 6 + 29,250

The total payback = 29,250× 0.0553 × 6 + 29,250

The total payback = $38,955.15

The total payback of the borrowings will be $38,955.15 over a six-year period. The monthly payment for this will be,

The monthly payment = Total payback / No. of payment

The monthly payment = 38,955.15/ 72

The monthly payment = $541.04

Therefore, the monthly payment would be an amount of $541.04.

Learn more about the monthly payments here:

https://brainly.com/question/20761642

#SPJ5

An individual bank can safely lend an amount equal to its excess reserves, but a commercial banking system can lend _____.

Answers

An individual bank can safely lend an amount equal to its excess reserves, but a commercial banking system can lend greater than its excess reserves.

It should be noted that a single bank may not lend money more than the amount that it has in its excess reserves. This is different from the commercial banks that lend more than what they've in their reserves.

An individual bank can safely lend an amount equal to its excess reserves because it's typically difficult for individual banks to keep reserves as per the legal reserve requirements.

Read related link on:

https://brainly.com/question/25628048

Which sales tactic offers potential customers the opportunity to try a product or service before they make a buying decision

Answers

Trial period of a product or service such as 7 days free with the option to cancel within the 7 days or continue the service

______ is a sum of money that a producer gives to a reseller for each unit the reseller buys after an initial promotional deal is over.

Answers

The term that describes the sum of money given to the reseller after initial promotional deal in addition to each unit, and it is been given by the producer is buy back allowance.

Buy back allowance serve as initial incentive, it can be regarded as form of trade sales promotion whereby there is ;

offering of incentive to channel members.so they can restock their store.

It is been given by the producer to the reseller to motivate the reseller.

Therefore, buy back allowance is the correct term

Learn more at

https://brainly.com/question/14452984

The _____ is a firm that originates an idea for a business and develops operational methods to run the business.

Answers

Answer:

Franchisor

Explanation:

The franchisor is a firm that originates an idea for a business and develops operational methods to run the business.

When money is acting as a store of value, it allows an individual to.

Answers

Answer:

Transfer dollars, and therefore purchasing power, into the future

Explanation:

During the ________ stage of system development, systems tests are evaluated by users and reviewed by management.

Answers

Answer:

acceptance testing

Explanation:

It is the responsibility of ________ to determine the ethical approach to setting prices so consumers find value and the firm can make a profit.

Answers

Based on business strategy, it is the responsibility of Marketers to determine the ethical approach to setting prices so consumers find value and the firm can make a profit.

The role of the marketer is basically to ensure and determine the pricing strategies of the products such that the targeted consumers can get value from them while the firm as well makes a profit.

Marketers also perform other typical roles like creating awareness for the products.

Also, they perform functions like advertisement campaigns and targeting techniques in response to demographic figures.

Hence, in this case, it is concluded that the correct answer is "Marketers."

Learn more here: https://brainly.com/question/24819978

A method used for establishing a logical framework for identifying the required activities for the project is called

Answers

I think it's

Work breakdown structure.

The extended warranty on a garage door is $238. If the warranty costs 35% of the purchase price, how much does the garage door itself cost, to the nearest dollar? a. $833 b. $393 c. $740 d. $680.

Answers

The amount that the garage door itself cost, to the nearest dollar is d. $680.

Using this formula

Cost=Extended warranty cost/Purchase price percentage

Where:

Extended warranty cost=$238

Purchase price percentage=35% or 0.35

Let plug in the formula

Cost=$238/0.35

Cost=$680

Inconclusion the amount that the garage door itself cost, to the nearest dollar is d. $680.

Learn more here:https://brainly.com/question/11721569

Answer: d. $680

hope this helps <3



Candice?

Bofa?

Joe?
Who are these ppl:(

Answers

Answer:im not sure

Explanation:

don’t. Search up Candace

The name Candice is used as a set up for the joke.

How to calculate opportunity cost ppf.

Answers

Answer:

Refer below explanation

Explanation:

Subtract the value of the goods increased on the PPF with the goods decreased will give you the opportunity cost of decreasing one of the product to make a higher production of another good

In ________ programs, annual compensation increases are usually linked to performance appraisal ratings.

Answers

Answer:

Performance appraisal (PA) is a method by which the job performance of an employee is documented and evaluated. Performance appraisals are a part of career development and consist of regular reviews of employee performance within organizations.

A merit rating is a score that each state assigns to employers based on their employment stability and employee turnover. The state then uses the merit rating to levy state unemployment taxes on each employer. Companies with lower ratings will have to pay lower unemployment tax percentages.

Explanation:

i hope that helps

Which of the following is typically NOT led by a company's Human Resource department?

Answers

Answer: they dont file complaints

Explanation:

What is globalization in business.

Answers

Answer:

the increase in the flow of goods, services, capital, people, and ideas across international boundaries.

a coworker has asked you to help him with something very important. you have a lot work to do yourself. what would you be most and least likely to do?

Answers

Rendering assistance could be very tough in certain scenarios such as when the individual whose assistance is needed has a lot do. In such case, the least which one could do is to take up the task from the coworker while the most likely is to give a guideline how to get the task done.

Completely shutting out a coworker could be very bad as it could result as the foundation for a toxic relationship.

However, the most likely help that could be rendered is to give an helpful guideline on how to go about the task.

On the other hand the least likely, would be to take up the coworker's task and abandon mine.

Learn more : https://brainly.com/question/25600647

The prevailing budget philosophy prior to Keynes called for a balanced budget. Keynes argued that the government should not balance its budget but instead have budget DEFICITS during

Answers

The period which Keynes argued that the government should not balance its budget but instead have budget DEFICITS was during:

D. Economic recessions.

According to the given question, we are asked to show the period which Keynes argued that the government should not balance its budget but instead have budget DEFICITS.

As a result, we can see that Keynes, one of the fathers of economics stated that it was important for the government to have budget deficits so that they could adequately navigate through the economic recessions at that periiod.

Therefore, the correct answer is option D

Read more about Keynesian Economics here:

https://brainly.com/question/14223529

________ measures how optimistic or pessimistic people are about the future health of the economy and how they will fair in the future.

Answers

The measure of the faith in which the populees habour over the perceived future of the economic condition of a region is described as consumer confidence.

Consumer confidence is an important factor which often measures if consumers or organizations would go into a long term businesses.

This is usually influenced by the economic principles, experience and record of an organization.

Hence, a company or organization which has low consumer confidence would fInd it difficult to keep consumers to long term beisiness conditions.

Learn more :https://brainly.com/question/25698053

the purpose of _______ is to build selective demand.

Answers

Persuasive advertising serve as kind of advertising that build selective demand.

Persuasive advertising can be regarded as a form of product promotion which convince the potential customer in a persuasive manner to purchase a specific product.

It is a kind of advertising that bring about Selective demand whereby demand for a specific brand is been set as a result of the advert to the potential customer.

Therefore, Persuasive advertising is the correct term.

Learn more at:

https://brainly.com/question/13069625?referrer=searchResults

In order to make up for a budget deficit, the government can do what?

Answers

Answer:

print more money

Explanation:

it makes sense if u think bout it

Answer:

Budget deficit is when the government exceeds its budget, meaning they have spent a lot more money than they were initially supposed to, and thus need to get more money for other issues. So what the government will usually do is take out loans and sell government bonds.

Explanation:

Hope this helps :)

Intensity pertains to the amount of effort being invested in an activity. Group startsTrue or False

Answers

Answer:

true

Explanation:

2 question 50 points PLUS Brainliest!

Question 1:
Shane is a trained firefighter for a county fire department. When someone reports that a fire is raging, Shane must respond to get everyone to safety. What talent would be helpful to Shane in his Career?
A. Shane is a methodical and likes to work alone.
B. Shane is persuasive and great at public speaking
C. Shame is calm and collected under pressure
D. Shane is artistic and plays several instruments

Question 2:
The governor of Virginia works as part of the local government.
True or false

Answers

Option b cuz she's going to inform the public about this so she needs to be a great public speaking

2. True

Answer:

option b

true

that is a answer please mark me as a branliest

The _____ established a minimum wage and overtime pay for employees working more than 40 hours a week.

Answers

According to the historical and information record, the Fair Labor Standards Act of 1938 established a minimum wage and overtime pay for employees working more than 40 hours a week.

Fair Labor Standards Act of 1938 was made to improve the working conditions of employees and also protect their rights against exploring employers.

The Fair Labor Standards Act of 1938 established standards on minimum wage, working hours, and oppressive child labor.

Hence, in this case, it is concluded that the correct answer is the "Fair Labor Standards Act of 1938."

Learn more here: https://brainly.com/question/15966261

Which of the following best describes the law of demand?.

Answers

Answer:

theres no options

Explanation:

which is most important to evaluate when considering extending credit to a small business and why?

Answers

When evaluating a small business for credit extension, one should watch out for D : The relationship of current assets to current liabilities which represents a company's ability to meet short-term debt obligations when due.

When assessing whether to give a small company credit:

Check if they can pay back the credit Check their net working capital

It is important to check whether a company is capable of paying back the credit you are to extend to them and the net working capital - calculated as the difference between current assets and liabilities - is one of the best ways of doing so.

In conclusion, one should check the relationship between current assets and liabilities as a way to determine credit payback.

Find out more at https://brainly.com/question/21852402.

operations are able to respond quickly to customers and changes in the environment in a decentralized organization because ______.

Answers

It should be noted that operations are able to respond quickly to customers in a decentralized organization because there are fewer managers that must be consulted before a decision is made.

A decentralized organization simply means an organization where the decisions are made by the low-level managers.

Therefore, in this case, operations are able to respond quickly to customers in a decentralized organization because there are fewer managers unlike a centralized organization.

Read related link on:

https://brainly.com/question/25603204

ampbell launched tomato soup in the UK with the same product and ads as they use in the US. This strategy is called: Campbell launched tomato soup in the UK with the same product and ads as they use in the US. This strategy is called: product adaption product extension communication adaption dual adaption none of the above

Answers

When Campbell launches tomato soup in the UK with the same product and advertisement used in the US, this strategy is called product extension and communication, also known as dual extension.

Product extension and communication occurs when an organization uses a uniform communication strategy to market its product in a new location.

This international trade strategy can be risky due to the lack of adaptation of advertising and product characteristics to the local market, which is usually culturally variable and according to consumer preferences.

This strategy can generate cost reductions and economies of scale, faster processes, higher sales volume and increased global brand positioning.

Therefore, the product extension and communication strategy ensures product and advertising uniformity, and is used when customization and adaptation costs are not justified, as the company operates in a global segment with similar needs.

Learn more here:

https://brainly.com/question/15305951

if you are married with young children and make $75,000 per year, how much term life insurance should you have?

Answers

Answer:

you'd buy $1,275,000 in life insurance. With this amount of coverage, your beneficiary should be able to replace your income with interest and dividends earned from investing the life insurance proceeds make sure it covers 10 or 12 x more then whats already covered

Explanation:

entperise opportunities ​

Answers

Explanation:

A business opportunity (or bizopp) involves sale or lease of any product, service, equipment, etc. ... The licensor or seller of a business opportunity usually declares that it will secure or assist the buyer in finding a suitable location or provide the product to the purchaser-licensee.

hope this helps you.

Other Questions
Can you please give me that answer I NEED THIS ASAP!!Compare -7 and 5. Which statement is not true? O A. -7 is farther from O on a number line. B. 1-71 > 151 C. The absolute value of 5 is greater than the absolute value of -7. D. 5 is farther to the right on a number line. Read the following excerpt again from Chief Joseph's speech "I will fight no more forever":Tell General Howard that I know his heart. What he told me before I have in my heart. I am tired of fighting. Our chiefs are killed. Looking Glass is dead, Tu-hul-hil-sote is dead. The old men are all dead. It is the young men who now say yes or no. He who led the young men [Joseph's brother Alikut] is dead. It is cold and we have no blankets. The little children are freezing to death.How which of the following best sums up the language of the speech?Question 2 options:The language of the speech is flowery and ceremonial, explaining the reasons for ending the fight.The language of the speech is blunt and direct, explaining the reasons for ending the fight.The language of the speech is lackadaisical, showing carelessness and numbness. The language of the speech is fiery and vengeful, enumerating the wrongs the Nez Perce have endured. Make a Writing Informative Text Portfolio about ocean pollution. Put the sentence in the correct order? Answer this question fast pls The claim that the high school drop-out rate has increased because more women have taken jobs in the workplace would be an example of IN THE BOOK, BRIAN'S WINTER - HOW TO REPHRASE, "He was sad about the moose having to be dead, but he was elated because he was going to be able to eat for a very long time." IN SIMPLER AND DIFFERENT WORDS???*if u get this right, urrrr brainliestttttt which colony was established by the great migration Sapatra spent $80 at Mr. and Mrs. Crab. She left a tip of 20%. How much was the tip she left? Which of the following are the parts of speech? Check all that apply.Select 8 correct answer(s)Question 2 options:simileresolutionclimaxironydenouementsynonymexpositionnounverbantonymadverbprepositionconflictadjectivepronounconjunctioninterjection 3. PART B: Which phrase from the text best supports the answerto Part A?O A "very hopeful thingOB "a lot of work"OC "lots of things that you can do"OD "encourage children" Indochina contains the following countries...Group of answer choicesSumatra, Cambodia, Vietnam, and ChinaCambodia, Vietnam, China, and LaosVietnam, Thailand, Cambodia, and LaosVietnam, Cambodia, and Laos Write the net ionic equation for the reaction that occurs, if any, when gold is placed in a solution of hydrobromic acid Andrew is starting his own lawn mowing business. He will charge $13.00 per hour. If Andrew works 67.4 hours per week, how much money will he earn each week? When we talk about a lobbyist, we talk about a person or group that is which of the following? a. A member of the president's cabinet who argues against any change b. Someone or something that attempts to influence legislation and the administrative decisions of government c. Part of an association of individuals d. Inevitably associated with one of the two major parties e. A member of Congress who challenges the majority position How to add fractions with whole numbers. Which of the following sentences is correct (with no errors in spelling, grammar, or punctuation)? W O The following materials will be needed: paper, pen, staples, and tape. O The following materials will be needed; paper, pen, staples, and tape. O The following materials will be needed, paper, pen, staples, and tape. O The following materials will be needed; paper, pen; staples; and tape. Hi. can you help me? Please answer quickly and thank you