Explain why a manufacturer with diverse product lines may benefit from an ABC system.

Q: What does the following sentence mean? "It is critical to define your product while considering the…

A: "It is critical to define your items before taking into consideration the responses of rivals."When…

Q: How can CVP analysis be used by companies with multiple products?

A: Cost Volume Profit Analysis (CVP Analysis): This analysis is helpful in determining how any type of…

Q: Explain what is meant by the following statement: “In considering the reactions of competitors, it…

A:

Q: Explain in details what is SWOT analysis. Do SWOT (Strength, Weaknesses, Opportunities, Threats)…

A: SWOT Analysis is basically a parameter by which an organization can judge what is its Competitive…

Q: Explain the basic characteristics of distributed ledger technology and some of its possible…

A: Here is the Answer for the basic characteristics of distributed ledger technology and some of its…

Q: CVP Analysis is an important decision-making tool for which reason? O a. Setting selling price O b.…

A: The cost volume and profit analysis is an important to which help the management to calculate and…

Q: Determine Question Sequence (A list of questions with the sequence of customer priority) with scale…

A: A 1-5 rating scale of a product features is used by a product developing company to analyze the…

Q: Which of the following is an example of an internal stakeholder? Select One. Vendor Director Client…

A: Stakeholder is the individual who has any interest associated with the company. The profit and loss…

Q: ustry specialized.

A: Given: To explain the reason of industry specialized as,

Q: ERP systems are composed of a highly integrated set of standardized modules. Discuss the advantages…

A: Computerized accounting includes using the computers and accounting software for recording, storing…

Q: discuss the difference between internal and external users of information and their needs and…

A: Accounting Information System (AIS):   The system which helps to gather, store and process the…

Q: Define outsourcing.

A: Outsourcing: Outsourcing refers to hiring another company, to undertake a business process of the…

Q: Describe why sales and operations planning teams are cross fuxntions ?

A: Sales is basically concerned about exchange of a product or service for either any product, service…

Q: tandard cost systems provide companies with a number of advantages, argue the statement.

A:

Q: Brand recognition is an example of

A: answer: Intangible asset

Q: Is it true that, for an ERP system to be effective, it must be completely purchased from a single…

A: Enterprise resource planning is the planning of the resources need for core operations of the…

Q: Do you think transaction processing systems differ significantly between service and manufacturing…

A:

Q: List some AIS and MIS information from which sales people may benefit. Clearly indicate whether the…

A: Sales person benefit form AIS and MIS in the following manner:   Analyze annual projections Compare…

Q: Identify the following users as either external users (E) or internal users (I). Consumer group

A:

Q: How to Improve the Scalability of sustianble products with sustainable packaging and cushioning and…

A: Sustainability would be working on the principle that the current need of the people must be…

Q: Discuss the Supplier Integration and Relationship Management

A: Supplier is the person from which a firm procures its inventory and raw-material. A manufacturing…

Q: How are passion, consciousness, and product quality part of the product management process at…

A:

Q: Why is it important to consider workforce capability and capacity in designing and sustaining high…

A: Workforce capability refers to the ability of an organization to accomplish its goals such as…

Q: Describe the difference between cost-saving and cost-increasing technology-based innovations.…

A: Cost-cutting innovations are enhancements that boost efficiency and lower expenses, resulting in a…

Q: Compare and contrast the structured design approach and the object-oriented approach. Which do you…

A: Given question is about the difference between the structured design approach and the object…

Q: Is it possible to respond in an agile manner to customer requirements in a global sourcing…

A: Sourcing Is the process of locating and selecting businesses based on set criteria. It happens in…

Q: Discuss the differences between internal and external users of information and their needs and…

A: 1) Accounting information systems: Accounting information systems collect data from different…

Q: Identify the following users as either external users (E) or internal users (I). Suppliers

A: Accounting users: Accounting users are the persons, who use accounting information for investment…

Q: What is a full-service supplier? What are the benefits of using full-service suppliers?

A: Full service supplier - A supplier who is capable of providing wide range of activities including…

Q: Explain why traditional cost allocation methods fail in a computer-integrated manufacturing…

A:

Q: Briefly discuss how differentiated products in a monopolistic competitive framework can arise.

A: It is the primary characteristic of the monopolistic competition that there is product distinction.…

Q: What is the tools TQM for Mercedes company subject  technology management

A: TQM (Total Quality Management) is a management philosophy that involves all quality aspects that are…

Q: The term Supply Chain Management refers to: Designing a product Designing, producing and delivering…

A: Supply chain management refers to the flow of goods right from procuring the raw materials to…

Q: Define value chain and classification of costs for “Purchase of competitor’s products for testing…

A: Value Chain:

Q: What is Fintech? Examples of Types, Products & Regulations

A: Finance is the system that deals with financial services, investments, and instruments. It is a…

Q: An engineering company is looking for a software solution to manage their inventory and…

A: Inventory refers to the items, materials or merchandise and any type of goods which are sold by the…

Q: How can ABM be used by service companies?

A: Activity Based Management Activity-based management is refer as the one of the cost management…

Q: Discuss the differences between internal and external users of information and their needs and…

A: Accounting Information System (AIS):   The system which helps to gather, store and process the…

Healthcare Organization

Healthcare organizations are entities that provide healthcare services such as primary care, surgery, diagnosis of diseases, and medical treatment to patients who are in need. Healthcare organizations or health systems provide healthcare benefits to people through clinics, hospitals, teaching and training institutions, and research institutions. The fundamental purpose of healthcare organizations is to offer healthcare services at a lower cost to meet the health needs of the people.