Answer:
Operations can help a business sustain their competitive advantage by reducing its cost without considering the way they are reduced.
Explanation:
First of all, to create a business competitive advantage the business has to be more profitable than its competition. In other words, they need to make money in a more effective way than its competitors. This means that they have more margin of profit, instead of selling more. Now, in operations, this works the same. However, the reasons might come from different sources. Whether by having technology more advanced than its competitors. By having more productive processes, or by using materials bought at cheaper prices.
Answer:
According to the Ansoff Growth Matrix, the strategic option of C) DIVERSIFICATION is the riskiest for a business to pursue.
A business would use a B) CONGLOMERATE DIVERSIFICATION strategy if it decides to launch new products in new markets.
Explanation:
Diversification carries a higher risk because it involves selling new products or services in new markets. It does have an advantage though, if one business unit performs poorly, it will not necessarily affect the other business unit which might perform very well.
A conglomerate diversification strategy is useful when a corporation wants to start selling new products in new markets. The most common way of carrying out a conglomerate diversification strategy is through mergers and acquisitions (M&A).
The term that fits the description is C) Disruption.
Disruption in the supply chain can occur due to various reasons, such as unexpected events like natural disasters, supplier failures, geopolitical issues, or other unforeseen circumstances. In a lean system where inventory levels are kept minimal to reduce waste and improve efficiency, disruptions can have a significant impact on operations, causing delays and potentially halting production due to a lack of necessary materials or components.
Options A, B, and D are important aspects of supply chain management but do not directly relate to the inhibiting effect of minimal inventory levels in lean systems caused by disruptions. Agility (A) refers to the ability to quickly respond and adapt to changes. Risk management (B) involves identifying, assessing, and mitigating risks in the supply chain. Vulnerability (D) refers to the degree to which a system is exposed to the possibility of disruptions or adverse events.
Answer:
Captive Portal Access Point
Explanation:
Based on the description provided it seems that the technology being mentioned is called a Captive Portal Access Point. This refers to a web page that is displayed as soon as you try to access a new Wi-Fi network. This web page requires the user to input login credentials (username and password) in order to gain access into the network and use all of the resources that the network can offer.
B. raise prices
C. cut prices
D. increase advertising
Answer:
B. raise prices.
Explanation:
When the demand increase, while the firm is not able to increase the production, they raise the prices, because there will be buyers willing to pay more. That is the classical equilibrium of the market, offer - demand: increases in demand push the prices upward, increasing in offer pushes the prices downward.
Answer:
State owned enterprises help the government to control certain strategic sectors of the economy,they provide very essential services to the people at cheaper and affordable rates,they protect the consumers from being exploited by private enterprises by offering them a cheaper and better alternative and Ensuring better public service
Explanation:
Answer:
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Explanation: