Answer:
A) Core Competency
Explanation:
Core Competency
Core competency refers to an organisation's strategic advantage over its competitors, it means the capabilities and the resources that a business must find, cultivate and explore in order to have an advantage over its competitors in the same line of business.
In order for an activity to be defined as a business' core competence, that activity must be unique, making it difficult for others to re-produce an it must also produce a unique level of benefit or value for the consumers of the product.
Since the car parts company has innovated a new automobile product with unique value, <u>It has cultivated and explored its core competency </u>
Answer:
Average hourly output is 13.14 pieces.
Explanation:
Number of machines at the bank N = 5
Average service time T = 26 min
Machine runs for an Average R = 74 min
Number of servers M = 1
Service Factor, X = T / (T+R)
= 26 / (26+74)
= 0.26
Efficiency Factor, F = 0.683
Average Number of machine running A = N * F * (1 - X)
= 5 * 0.683 * (1 - 0.26)
= 2.52
Output rate = 26 * (A / N)
= 26 * ( 2.52 / 5)
= 13.14 per hour.
Answer: Ethical Obligations and Decision-Making in Accounting-The Heading is devoted to helping students cultivate the ethical commitment needed to ensure that their work meets the highest standards of integrity, independence, and objectivity.
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Explanation: The first, addressed in Part I, is the administrative cost of deregulation, which has grown substantially under the Telecommunications Act of 1996.Part II addresses the consequences of the FCC's use of a competitor-welfare standard when formulating its policies for local competition, rather than a consumer-welfare standard. I evaluate the reported features of the FCC's decision in its Triennial Review. Press releases and statements concerning that decision suggest that the FCC may have finally embraced a consumer-welfare approach to mandatory unbundling at TELRIC prices. The haphazard administrative process surrounding the FCC's decision, however, increases the likelihood of reversal on appeal.Beginning in Part III, I address at greater length the WorldCom fraud and bankruptcy. I offer an early assessment of the harm to the telecommunications industry from WorldCom's fraud and bankruptcy. I explain how WorldCom's misconduct caused collateral damage to other telecommunications firms, government, workers, and the capital markets. WorldCom's false Internet traffic reports and accounting fraud encouraged overinvestment in long-distance capacity and Internet backbone capacity. Because Internet traffic data are proprietary and WorldCom dominated Internet backbone services, and because WorldCom was subject to regulatory oversight, it was reasonable for rival carriers to believe WorldCom's misrepresentation of Internet traffic growth. Event study analysis suggests that the harm to rival carriers and telecommunications equipment manufacturers from WorldCom's restatement of earnings was $7.8 billion. WorldCom's false or fraudulent statements also supplied state and federal governments with incorrect information essential to the formulation of telecommunication policy. State and federal governments, courts, and regulatory commissions would thus be justified in applying extreme skepticism to future representations made by WorldCom.Part IV explains how WorldCom's fraud and bankruptcy may have been intended to harm competition, and in the future may do so, by inducing exit (or forfeiture of market share) by the company's rivals. WorldCom repeatedly deceived investors, competitors, and regulators with false statements about its Internet traffic projections and financial performance. At a minimum, WorldCom's fraudulent or false
Answer:
The correct answer is a) economies of scale
Explanation:
Economies of scale are when a company increases the production or associate with other company, to obtain a better price to reduce the cost of production. This happens because costs are spread over a larger number of goods.
Example:
Company A, require apples to produce his final product. And the provider has a price for each apple, however, if you buy more than 100, he gives you a discount of 5%. Company A can´t afraid this, because it just needs 50 apples per production.
The solution for the company is trying to expand the market, become efficient, to duplicate his production and obtain the discount. Or associate with Company B that needs 50 apples too, to obtain the discount and reduce his cost. (1 big purchase is better than 2 small purchases)
Answer: False
Explanation:
It is very Impractical to have each person in such a project estimate activity durations at the beginning of the project.
Firstly there are several hundred people involved and it is a very large project, each and every person cannot begin to guess how long activities will take because the plans will have to fit into the next person's plans. It is impractical.
Also, it is a Long Term Project where people will perform different roles over those years. It is impractical for each person to estimate how long their activities will take to complete again because such plans would have to be interwoven with the next person's.
