Answer: the firm will have a temporary competitive advantage
Explanation: The firm in question would have a temporary competitive advantage. Competitive advantage describes something that places a company or business or a person above the competition such as value, rarity, difficult/costly-to-imitate amongst others. However, where a substitute is already in existence for such service, then the firm would have a temporary competitive advantage.
Answer:
210 hours
Explanation:
The learning curve rate can be found by log75%
Ln0.75 = 0.12249
1 batch requires 200 hours
The 1500 units batch will require 200 hours
For 3000 units there will be two batches of 1500 units each
200 hours * 2 batches * 0.12249 * 4.5 = 210 hours
<u><em>Explanation</em></u>:
<u>Question 1.</u> These options apply;
- Create a culture of innovation by inviting and expecting employees to contribute new ideas.
- Hire people with new skills and perspectives and train current employees on new skills.
- Restructure the organization to be more customer-centric and make work processes more efficient.
<u>Question 2.</u> These options apply;
- Think about new possibilities for the organization.
- Spend a good deal of time determining what the problem is and find out what caused it.
- Create deadlines and checkpoints for solving the problem
<u>Question 3</u>
B. slow moving and stable
<u>Question 4</u>
D. incremental
<u>Question 5. </u>
D. made a proactive change
Rick gave his son $100 to buy food and drinks. His son returned with $25.50 in change. Therefore the amount spent was
$100 - $25.50 = $74.50.
Let
x = number of hot dogs bought (at $3.50 per hot dog).
y = number of milk shakes bought (at $8 per milk shake).
There were 8 orders of soda at $5 per soda.
The total order is $74.50, therefore
3.50x + 8y + 8*5 = 74.50
Simplify to obtain
8y = 74.5 - 3.5x
y = 4.3125 - 0.4375x
We must have whole numbers (integers) for x and y.
Create a table that varies x from 0 to 8, and look for y to be an integer, as shown below.
x y
--- -------
0 4.3125
1 3.8750
2 3.4375
3 3
4 2.5625
5 2.1250
6 1.6875
7 1.2500
8 0.8125
Because we cannot have fractional values for either x or y, the solution is x=3, y=3
Answer:
3 hot dogs, 3 milk shakes, and 8 sodas.
Answer: Please refer to Explanation
Explanation:
1. A. Monitoring key stock prices.
This does not fall under what the Central Bank does when Monetary Policy is implemented. Monetary Policy allows the government to influence interest rates, monitor financial institutions and indirectly control money supply.
2. Low and predictable levels of inflation.
Under the mandate of PRICE STABILITY, the Fed aims to ensure low and Predictable inflation in the long run to preserve the purchasing power of money.
3. Management of interbank transfers.
The Fed monitors and manages Interbank transfers to protect the financial system.
4. Management of Macroeconomic fluctuations.
- The Fed just embarked on monetary policy to correct the Economy. This was a Macro Economic function as it dealt with the entire economy as a whole.
5. Regulation
The Fed acts as the regulator of Banks and ensures that they follow certain practices and rules to ensure the safety of the banking system and the money belonging to the people who put it there.
