Q26 The design of an organizational structure shouldbe based on which of the following?O a. To help accomplish business objectivesO b. To help the employee secure their jobO c. To create more management levelO d. To create employment opportunities forthe society

Organizational structure is simply a procedure to divide the works of an organization to have a…

Answered: The design of an organizational…

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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QUESTION 1 Which of the following statements regarding foreast sharing game is INCORRECT? Retailer only faces underage risk. Supplier faces both underage and overage risks. Suppliers tend to produce less than the supply chain optimal quantity. The retailer has to purchase at least the quantity it reports to the supplier. QUESTION 2 Assume that the firm can source from 2 faraway suppliers (each has Lead time = 4 months, capacity=60 k) and 2 Closeby suppliers (each Lead time =0 month, capacity=40k). The sales season starts in May. Which of the following statements regarding sourcing is INCORRECT? The production change should be only applied to the Closeby supplier so that the firm can benefit from the change in time. The production at the Faraway supplier should start in January and the production at Close-by supplier should start in May. The firm should source from a combination of one faraway supplier and one close-by…
Q3. Explain two strategies that a firm can use to reduce competition from existing competitors. Pleases expain with the diagram
Q.7. What are the various types of product related decisions?
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QUESTION 23 Value based purchasing incentivizes healthcare organizations based on: a Low inventory levels b Patient billing outcomes c Average price of products ordered d Patient health outcomes
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The design of an organizational structure should be based on which of the following?