Answer: price competition
Explanation:
The type of competition would Funke and Dumphy likely engage in after the decrease in demand is price competition.
Price competition simply means when the companies in a particular industry lower their prices afsubst the prices of identical products in order to boost demand and sales.
Since there's a reduction in demand, Dumphy and Funke will engage in price competition to boost sales.
Answer:
c. A budget based on 49,000 units
Explanation:
Static budget is for 45,000 units,
Further with the information budget prepared with closest activity level, is the budget for 49,000 units as actual production is 50,000 units,
Therefore the actual comparison and analysis shall be based on this budget of 49,000 units as this is relatively most accurate and near by cost for each units produced.
Correct option is
c. A budget based on 49,000 units
If your taking about resturants a busser usually buss tables meaning they clean and make sure the table is nice and clean for the next customer who arives.
Answer:
E. Rational decision making.
Explanation:
Rational decision making: It is a process of decision making that involve multi steps process of analysis, logic and knowledge of expert for decide on alternative. It does not favor insight or subjectivity in the process of decision making. Identifying a few possible courses of action is the first step involved in the rational decision-making process.
Steps that followed in rational decision making:
- Define the problem.
- Identify the decision criteria.
- Allocate weights to the criteria.
- Develop the alternatives.
- Evaluate the alternatives.
- Select the best alternative.
In the given case, during a meeting with Greg, Scott said "Our decision is limited by numerous constraints, such as our understanding of the complexity of technology, time and money, imperfect information, and our conflicting goals.", which are hindrance to Rational decision making.
Answer: Cross-training
Explanation:
According to the given question, Mary's company give training for managing the various types of managerial level operations and functions and based on the given information Mary's company is providing the cross training.
The cross training is one of the type of training that is provided by an organization to their employees for developing their skills and knowledge.
The main objective of the cross training is that it helps an employee to boost their skills, functions so that it improves the quality and the productivity of an organization.
Therefore, Cross training is the correct answer.
