Maximization strategy - Study guides, Class notes & Summaries

Operations Management correct answers Refers to manufacturing and service processes that are used to transform firm resources (i.e. information, materials, equipment, workforce, etc.) into products desired by the customer Operations Management correct answers Plan-> Make -> Enable Supply Chain Management correct answers The planning and management of relationships with other companies such as suppliers, customers, distributors, logistics partners, etc. It includes all activities invo...

Business Management Final Review - Part 1 Questions and Answers Already Passed What is the primary objective of business management? a) To ensure the company’s survival b) To optimize resources for achieving organizational goals c) To manage employee schedules d) To create profit maximization plans What is considered a key function of management? a) Budget allocation b) Planning c) Organizing d) Supervising customer interactions Which leadership style emphasizes decision...

Fin 334 Ch. 13 Exam Questions With Verified Answers 1) Before analyzing needs and objectives, investors should first construct a portfolio. - answerAnswer: FALSE 1 2) A conservative asset allocation would rely heavily on bonds and short-term securities. - answerAnswer: TRUE 1 3) Utility stocks are often suitable for low-risk, current-income-oriented portfolios. - answerAnswer: TRUE 1 4) An investment portfolio should be built around the needs of the individual investor. - answerAnswe...

HRIR 3450 Test 1 Questions with 100% Correct Answers (Already Graded A+) What is the most important concern the employees face during a merger? - Answer- Job loss Globalization will mean higher or lower bargaining power for unions? - Answer- lower, increased competition Effect on union management relation because of deregulation, deindustrialization, downsizing, trade - Answer- liberalization will all lead to more contentious relationship between unions and management, more fights, mo...

b A common reason firms enter into cross-border strategic alliances is: a. complete control over their foreign operations. b. limited domestic growth opportunities and foreign government economic policies. c. abundance of domestic growth opportunities and foreign government economic policies. d. help from domestic partners from an operational perspective. a A strategy through which a firm collaborates with one or more companies to expand its operations is called: a. corporate-l...

Revenue -Correct Answer The total amount of sales achieved in a specified time period Revenue is calculate as: -Correct Answer Number of Units Sold x Unit Price Effective managers of an organization's revenues MUST do three things -Correct Answer 1. Understand the importance of revenue management 2. Understand the many complex factors that influence revenue management strategy and tactics 3. Become better at making revenue management decisions than their competitors Proft Formula...

Which political view of foreign direct investment (FDI) is most widely used by governments in the current international business environment? - Correct answerProtectionism Which factors predict the degree of rivalry between a pair of competitors? 2 choices - Correct answer-Market commonality and Cost structure Which factors predicts how local firms in emerging economics will respond to multinational competitors? Competitive assets and industry pressures to globalize - Correct answer-Market...

FINANCE 3110 Chapter 1 | Questions and Answers The primary role of the firm is shareholder wealth maximization The shareholder wealth maximization goal states that the management should seek to maximize the ______ of the expected future returns to the owners of the firm present value Financial managers can take a variety of actions to influence the market value of a company's stock. All of the following are classifications of actions taken EXCEPT _____ decisions. tax implications Shareholder...

Narrowly, what is a price? - Answer-Narrowly, price is the amount of money charged for a product or service Broadly, what is a price? - Answer-Broadly, price is the sum of all values that consumers exchange for the benefits of having or using the product or service Price is not just money, think of price as - Answer-sacrifice Example of price - Answer-$88 boots from amazon versus exact same pair at Dillards for $88 as well. The price here is wait-time, trying them on, or convenience. The ...