Answer:
There are many things that a company can do to institutionalise learning and knowledge. Some of them doesn't even cost much and take a lot of time to be implemented.
Empowerment of individual employees. Giving them more autonomy in the job and the capacity to work freely with the peers.
Making teams rather than working individually. Team spirit is essential in the learning process and to promote sharing.
Conducting internal development and training programs on a regular basis.
Using social media platforms to connect the employees so that they are able to share their knowledge, expertise on a real-time basis.
Reducing the power gap between the employees and their superiors.
Explanation:
Answer: Production orientation
Explanation: It refers to a strategy when the company focuses only to provide the best quality product in the market without taking into consideration the preference of the customers.
In the given case, Steel makers are focusing on making their business process the best in market so that they can gain a competitive advantage.
Thus, from the above we can conclude that the correct option is C.
Answer:
To record the initial purchase, the entries required in Joy's Accessories are:
Debit Purchases Account with 69x$11 - $759
Credit Supplier's Account (Accounts Payable) - $759
Explanation:
The initial purchase is recorded as it was made without taking into account activities that happened after.
Once value had been received, it is recognized immediately. When 9 necklaces are returned before payment, then the entries above would be reduced by 9 x $11 or $99 through Purchases Return Account.
If payment is made within 10 days, Joy's Accessories will be able to take advantage of the 3% cash discount offered by the supplier and then pays the net value. And subsequently, this will be recognized in the books.
Answer:
a. ROI Dollar Amount $4; ROI percentage = 8%.
b.ROI Dollar Amount $15; ROI percentage = 15%.
a. We have:
Initial investment $50
Amount at year end $54
ROI Dollar Amount 
ROI Percentage 
b.
Initial investment $100
Amount at year end $115
ROI Dollar Amount 
ROI Percentage 
<u>Operations:</u> readies products and services for production and delivers them to market
<u>Marketing</u>: finding, targeting, attracting and connecting with the right customers
<u>Finance</u>: debt, stock, and owner's funds
<u>Strategy</u>: Deals with challenges in the ever-changing marketplace
