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1 year ago

Briefly list and discuss two problems that a purchasing department sometimes has in meeting objectives.

2 answers:

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A purchasing department may have difficulty getting a product quickly as it may not be readily available so may have to wait for it and also, there may be a problem getting a product at a reasonable price which means the purchaser would have to search elsewhere for it which could take time.

Harrizon [31]1 year ago

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Two problems that a purchasing department sometimes has in meeting objectives are meeting demand and organization of employees.

If there is a shortage in available items for purchasing, the department store may not be able to bring in the products to help meet their objectives. Sometimes objectives for one type of company directly relates to the availability of product from another company. Also, if the purchasing department does not have organization of their employees, they could easily slack off which may result in not meeting objectives. Like any business or department, it's very important to make sure there is employee organization to help operations run smoothly.

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Big data analytics programs (which analyze massive data sets to make decisions) use gigantic computing power to quantify trends

Sidana [21]

Answer:

The correct answer is: No, it may not decrease the humanity of production in organizations.

Explanation:

To begin with, the term known as ''humanity of production'' refers to that human element that gives to the company its capability of leadership and other human abilities. Moreover, when it comes to the big data analytics those programs would not decrease the humanity of production because in order to create all those programs and in order to read all the information that those programs give and to use it and implement there will be a need of using human capital to complete the whole objective. So therefore that human will be as need as machines.

8 0

1 year ago

A customer is upset because an advertised item has been sold out. how would you respond to the customer

jasenka [17]

If i was a worker at the lets say store I would say, "How about you give me your phone number and when its restalked or on sale again, I call you, ok?"

If I was a bystander I would walk away probably, or try to help in some way, if the customer was a kid I would probably just give it to them.

6 0

1 year ago

Hebert Simon cited in Certo & Certo (2014) questioned the ability of managers to make rational decisions. In his opinion, ma

kakasveta [241]

Situations and scenarios affects the ability of managers to make rational decisions.

Let understand that an approach of making rational decisions is based on obtained data which effectively allows decision-making, thereby reducing chances of errors, assumptions and all causes for poor judgments

Thus, the main key for decision-making strategy is information and data management.

The problem cited by Hebert Simon is because some of decision made by managers are based on assumptions.

In conclusion, quick and rational decisions should be embraced by manager although its requires keeping a track of information and data of different scenarios.

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brainly.com/question/16867992

8 0

1 year ago

Qualitative factors are non-financial in nature but are important for management to consider when making decisions. Reflecting o

rosijanka [135]

Explanation:

Three qualitative factors important for management decision-making include:

customer satisfaction
new technology
current legal issues

Assuming these qualitative factors are faced by a soft drink manufacturing company, in terms of their order of importance,

Current legal issues need to be addressed first by management when making decisions in other to avoid having a bad reputation among potential investors.

Next, their customer satisfaction for their product; the soft drink, if left unchecked can result in reduced demand in the future; which management needs to consider when making decisions.

And finally, if there's any introduction of new technology into the industry then management would need to determine its effect on company profit.

For example, In a situation where this company is experiencing an increase in assets which is a quantitative factor while having a decline in customer satisfaction for their products. In the long term, the benefits of having increased customer satisfaction would become evident when demand and profit declines.

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1 year ago

Match each business function with its description

KATRIN_1 [288]

Operations: readies products and services for production and delivers them to market

Marketing: finding, targeting, attracting and connecting with the right customers

Finance: debt, stock, and owner's funds

Strategy: Deals with challenges in the ever-changing marketplace

8 0

2 years ago