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This is a bizarre question. It never mentions that the financial savings should be reported at the annual level. However, that's a reasonable assumption to make. $7,500 * 12 months = $90, 000. A shoe manufacturing firm learned through a Lean Six Sigma project their boot soles could be made of a different material requiring two less steps in the process. Removal of these two steps yielded a monthly cost savings of $7,500. Therefore the reported financial savings for this LSS project were: A) $...

ETP3702 Assigment 6 SEMESTER 1 2023. Overview A family business is an organisation that in which either the individuals who established or acquired the firm or their descendants significantly influence the strategic decisions and life course of the firm. The chief reason why family businesses fail is lack of a written succession plan (Tatoglu, Kula & Glaister, 2008). Furthermore, only 30 per cent of family businesses are successful in the second generation (Nieman & Niewenhuizen, 2009:221...

ECS3704 PUBLIC ECONOMICS ASSIGNMENT 01 2023 ANSWERS 99% ACCURATE

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