answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
katen-ka-za [31]
2 years ago
9

When general mills sought ideas on how to reduce the time to convert its production lines from one cereal to another, it sent a

team to observe the pit crews at the indianapolis 500 race. this is an example of:?
Business
1 answer:
Rudiy272 years ago
4 0

Answer:

This is an example of benchmarking.

Explanation:

Benchmarking is a method of comparing a company’s business processes and performance metrics to other company’s best practices. When General Mills sent a team to observe Indianapolis’ 500 race, it seeks to study the business process that the company operates in order to achieve its goals of reducing the cereal-making processes. They can attain this objective by studying Indianapolis 500’s technology, labor force, operational principles, and other aspects that General Mills’ team can observe.

You might be interested in
According to the video game industry’s statistics, the average gamer is 34 years old. Imagine the standard deviation for age is
Natalka [10]

Answer:

lower range 33.822 years

upper range 38.178 years

Explanation:

step 1:

48 -1 = 47

step 2:

(1 - 95%) / 2 = 0.025

step 3:

we look at the T distribution table for degrees of freedom (df) = 47, and α = 0.025; = 2.0117

step 4:

divide sample standard deviation by square root of sample size

7.5 years / √48 = 7.5 / 6.9282 = 1.0825

step 5:

multiply results from step 3 and 4

2.0117 x 1.0825 = 2.178

step 6:

for the lower range, subtract step 5 from sample mean

36 - 2.178 = 33.822

step 7: for the upper range, add step 5 with sample mean

36 + 2.178 = 38.178

6 0
1 year ago
DonutVille caters to its retirement population by selling over 10,000 donuts each week. To produce that many donuts weekly, Donu
nata0808 [166]

Answer:Flour should be acquired through a contract.

Explanation: Acquiring flour through a contact will be very important for DonutVille as it will ensure a follow-up and a feedback system where the manager of DonutVille establish a relationship with the company supplying the flour through one of its distributors or agents.

When purchasing of flour is achieved through a contact, it makes the contact a responsible person who will be needed to guarantee the supply of flour on time and to Communicate with the manager of DonutVille should there be any matters arising in the process getting supplies.

8 0
1 year ago
Johanna Reid, a campaign manager at a child rights organization, recently started working on an illiteracy project. During the p
gayaneshka [121]

Answer:

leading

Explanation:

Leading is one of the critical function of management that determine direction and motivation to the employee for achieve organizational goal. The leader is important in this function to keep employee engaging, motivated and participative in achieve organizational objective. Leaders should lead by example to influence others.

In the given case, Johannna Reid as a leader is trying to motivate and showing direction to achieve targets of project.

5 0
1 year ago
Ticket prices to a Kanye West concert increase from $40 to $60. As a result, ticket sales decrease from 50,000 to 40,000. The el
kramer

Answer:

.4

Inelastic

Explanation:

Elasticity of Demand = |%Change in Demand / %Change in Price|

%Change in Demand= |(40,000 - 50,000)/50,000| =  20%

%Change in Price = |(60 - 40)/40| = 50%

Elasticity of Demand = .2/.5 = .4 or 40%

.4 < 1 so Demand is Inelastic

4 0
1 year ago
United Plastics Group of Houston, Texas, decided to invest in a foreign country by setting up two independent injection-molding
babunello [35]

Answer:

The correct answer is letter "C": global new venture.

Explanation:

A global new venture is an investment made by a middle size company abroad that typically has for mission the accomplishment of social well-being. These ventures are characterized by being funded by themselves without the need for a merger or a joint venture.

4 0
1 year ago
Other questions:
  • Some people feel that the expense of pollution-controlling devices could lead to business failures and job losses; other people
    11·2 answers
  • Ring Company designs and builds jewelry. During June it had applied overhead of $120,000. Overhead is applied at the rate of 75%
    6·1 answer
  • Hatso, a famous hat retailer chain, opens a new store in Kentucky and chooses to operate solely in the traditional physical mark
    8·1 answer
  • The internal monthly magazine and blog at the cosmetics firm Mary Kay serve as ________ for employees; the magazine and blog are
    15·1 answer
  • Guillen, Inc. began work on a $7,000,000 contract in 2020 to construct an office building. Guillen uses the completed-contract m
    11·1 answer
  • Dermody Snow Removal's cost formula for its vehicle operating cost is $3,010 per month plus $331 per snow-day. For the month of
    8·2 answers
  • ZImmerman Company supplies schools with floor mattresses to use in physical education classes. Zimmerman has received a special
    12·2 answers
  • Swifty Inc. had beginning inventory of $11,000 at cost and $19,800 at retail. Net purchases were $122,300 at cost and $184,200 a
    11·1 answer
  • Kate is leasing some equipment from Ajax Leasing for a period of one year. Ajax pays the maintenance, taxes, and insurance costs
    13·1 answer
  • Exercise 6-4A Calculate inventory amounts when costs are rising (LO6-3) [The following information applies to the questions disp
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!