Answer:
a. The company can utilize production facilities to produce greater volumes to meet demand from a larger market, leading to higher productivity, lower cost and greater profitability.
Explanation:
Options are <em>"a. the company can utilize its production facilities to produce greater volumes to meet demand from a larger market, leading to higher productivity, tower cost and greater profitability. b. it will lead to a lower sales volume, which enables the company to free up more production power and require fewer employees. c. it will lead to a lower sales volume, which will reduce production costs and lead to greater production power. d. It will lead to a lower sales volume which means using less production power, enabling employees to have more time to participate in a learning environment."</em>
<em />
The question here is how the company will benefit by entering global market. And to enter global market, the company must produce larger volumes. So, the options B, C,& D are not correct. Because the company is looking to produce more and utilize its production capacity to the full to increase the profits by decreasing the costs (economies of scale). Thus, option A is correct.
Answer and Explanation:
According to the scenario,the computation of the given data are as follow:-
The budget is an estimation of expenses and revenue over a specific future time and it is re-evaluated and compiled on a period of time. The budget can prepare for a business, a government and a group of people, etc. It is an analysis of the income and expenditure that is useful for financial planning.
Based on this, the preparation of the flexible budget performance report is presented in attached excel spreadsheet. Kindly find it below
Answer:
Senior Manager.
Explanation:
The Senior manager has a substantial role in the company as they formulate objectives and policies of the organization. Manager's intuition, experience, instincts, and personal experience is needed to approach specific problems in a rational, logical and systematic way.
Senior managers have a responsibility towards the company ensuring that targets can be met and the company stays profitable. That is why they need to have a wide variety of skills to perform their jobs successfully.
Answer:
Experiences is best described as the collection of things a person has done.
Explanation:
Experience is knowledge in a particular job or activity that you have gained because you have done that job or activity for a long time.
So, people's experiences can aid them in their careers, since it gives knowledge and skills gained trough time and doing a particular task.
Answer: b
Explanation:
This strategy and world wide product divisional structure may hinder economy of scale( whish is actually the reduced costs enjoyed by business entities due to the scale of their business) typically, this strategy and organizational structure restricts products to certain region which the demand may not be enough for effective cost management to enhance profit.
Other divisions might have some demand for certain products that are not available in their own division.