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2 years ago

Which of the following is generally found in most Lean environments?

Business

1 answer:

DaniilM [7]2 years ago

7 0

Answer: Option (E)

Explanation:

From the given options , option (E) is correct. Lean manufacturing is referred to as the model and accumulation of the tactical technique which mainly concentrate upon removing the non-value added exercise while also delivering and providing the organization with quality commodities on time with efficiency. A Pull type system mostly found in the lean manufacturing because an organization does not produce the commodity till the order is placed.

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Consider two points on the production possibilities frontier (PPF): point A, at which there are 50 oranges and 100 apricots, and

SSSSS [86.1K]

Answer:

1 orange

Explanation:

Here are the options to this question :

b. 1 orange.

c. 98 apricots.

d. 3 oranges.

The Production possibilities frontiers is a curve that shows the various combination of two goods a company can produce when all of its resources are fully utilised.

As more quantities of a product is produced, the fewer resources it has available to produce another good. As a result, less of the other product would be produced. So, the opportunity cost of producing a good increase as more and more of that good is produced.

If the economy moves to point A, it would be giving up

51 - 50 = 1 oranges

5 0

2 years ago

Your marketing research team has presented you with the research on the external marketing environment. Your first task is to gr

Lynna [10]

Answer:

1. A

2. B

3. B

4. A

5. B

Explanation:

Environmental scanning is a management strategy that focuses on systematically acquiring informations about occasions, trends, events or patterns through surveys and analysis of these information in an organisation's external and internal environment. The informations acquired through environmental scanning is then used by the executive management in strategically planning the organisation's future and exploitation of available opportunities for the success of the organization.

Generally, the external environmental scanning gives an overview of the opportunities in the market as well as potential threats to an organization.

I. Threats: this refers to anything negative and external that has the potential of causing harm or damage to an organization, business, and products.

II. Opportunities: this refers to anything positive and external that has the potential to give an organization, business and products a competitive advantage over its rivals in the market.

1. Threats: Treads' competitors are using a multi-channel distribution strategy. This simply means that their competitors have a wider outreach and more available to consumers than Treads are.

2. Opportunities: Millennials do the majority of shopping using online or mobile channels. It then spends less.

3. Opportunities: Treads' manufacturing facility is located southwest of Cincinnati, Ohio, which is about one hour from Louisville, KY. Louisville is the main global air hub for a major shipping company. This simply means that Treads would spend less on haulage of its finished goods and cargoes for its raw materials.

4. Threats: The department store has been closing an average of 20 stores per year over the past 5 years. This simply means that rather than expanding its business, it is shutting down and as such it revenue will decline.

5. Opportunities: Traditional malls are on the decline. It can take advantage of this to enhance its e-commerce services.

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2 years ago

What type of firms recognize that including a strong social orientation in business is a sound strategy that is in both its own

Anastasy [175]

Answer:

Socially Responsible Firms. Correct option is B.

Explanation:

Socially Responsible Firms believe that they have the responsibility of operating within standards that will best benefit the environment and society at large.

Social Responsibility in business is called Corporate Social Responsibility.

Examples of companies acting socially responsible are as follows:

- volunteering in the society,

- philanthropy,

- investing in the environment,

- reducing the emission of green house gases,

- operating with fair labor policies, etc.

8 0

2 years ago

Which of the following best describes vertical integration? A. sell products to a supplier or a distributor B. develop the abili

jasenka [17]

Answer: B

Explanation:

A vertical integration is where a company owns another company in the same production line.

For example a company that bakes bread has a farm where wheat is cultivated, a marketing company and retail locations for the sale of the bread.

The advantages of Vertical integration include:

a. It reduces costs.

b. It increases efficiency.

c. It gives the firm greater control of the production process.

A major disadvantage of vertical integration is it requires huge capital outlay.

7 0

2 years ago

If a computer virus spreads rapidly through a company's computer system and threatens to shut down all internal and external lin

lorasvet [3.4K]

If a computer virus spreads rapidly through a company's computer system and threatens to shut down all internal and external lines of communication, the company will likely put a contingency plan into effect.
A contingency plan is part of the risk management that deals with risks that have catastrophic consequences. In this case the computer virus is a risk with catastrophic consequences: shut down communication.

6 0

2 years ago