______ is the process of computerizing manual tasks, making them more efficient and effective and dramatically lowering operational costs. Multiple choice question. Automation Streamlining Reengineering

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Answer 1

Automation  is the process of computerizing manual tasks, making them more efficient and effective and dramatically lowering operational costs.

Monthly commercial operations that are semi-dynamic, semi-routine, like resource allocation, sales strategy, or manufacturing process changes. Increases the effectiveness of corporate processes by streamlining or removing pointless procedures.Regular company operations that are static, routine, and static, such checking out customers, stocking products, or opening and shutting every day. Attempts to comprehend the current procedure, measure it, and then enhance performance accordingly.1) Problem identification, 2) Data collection, 3) Solution Generation, 4) Solution Test, 5) Solution Selection, and 6) Solution Implementation make up the six steps of decision making. You assess the solution's viability, applicability, and acceptability during the solution test process.

What is automation explain?

Automation is a term for technology applications where human input is minimized. This includes business process automation (BPA), IT automation, personal applications such as home automation and more.

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Related Questions

RESPA was developed to help buyers understand settlement processes and costs. Select one: a. True b. False

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This is true that RESPA was developed to help buyers understand settlement processes and costs.

What is RESPA?

In order to give homebuyers and sellers accurate settlement cost disclosures, the U.S. Congress passed the Real Estate Settlement Procedures Act (RESPA) in 1975. RESPA was also developed in order to limit the usage of company accounts, forbid kickbacks, and remove abusive tactics in the real estate settlement process. The Consumer Financial Protection Bureau is now in charge of enforcing the federal law known as RESPA (CFPB).

Hence, The Real Estate Settlement Procedures Act (RESPA) aims to lower mortgage interest by doing away with referral fees and kickbacks while also improving disclosures of settlement costs to customers.

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Suppose the United States increases the tariff on imported bluefin tuna. What would the consequences be

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Answer:

The tariff raises the domestic price of the imported product, and domestic producers of the product raise their price when the domestic price of imports increases.

The management team at Schiller Holdings want to make sure their decisions about compensation, promotions, and firings are based on sound information that meets legal requirements. One way for the company to achieve this objective would be to

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A way for the company to achieve this objective would be to establish an effective performance appraisal system.

What is management?

It should be noted that management is the administration of an organization.

In this case, the way for the company to achieve this objective would be to establish an effective performance appraisal system.

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Suppose that real GDP per capita in Italy is $32,000. If real GDP per capita is growing at a rate of 2.5% per year, how many years will it take for real GDP per capita to reach $64,000

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Answer:

boi  all I know is that im broke

Explanation:

bc

Consumer credit: Multiple Choice is currently a privilege of the affluent. dates back to colonial times. currently carries no finance charge. is not a major force in our economy. use has been declining in recent years.

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Consumer credit dates back to colonial times.

What is consumer credit?

Money that customers can borrow to pay for products or services is known as consumer credit. Customers who have access to credit can make purchases today and pay for them over time. Consumers can obtain credit from banks, financial organizations, and companies.

Consumer credit is governed by federal and state rules that shield borrowers from dishonest lending practices and stop companies from treating them differently based on non-financial considerations.

Examples of consumer credit are credit cards, education loans, mortgages, etc.

Consumer credit has been around since the colonial era when farmers used it frequently.

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Saks Fifth Avenue employs a quick response system to order fast-moving fashion items. Saks' point-of-sales scanner records each sale. When stock falls below a minimum level, the system automatically sends an electronic order to the vendor (e.g., Donna Karan), which processes the order within 48 hours. This system has effectively reduced _____. Group of answer choices product flow supply lag logistical lag customer response cycle lead time

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This system has effectively reduced the customer response cycle.

Customer Response Time: What Is It?

Customer response time refers to the interval between placing an order and receiving products or services. It may also refer to a lag in client communications or responses from a company. To put it another way, it is the period of time between a customer's request for information on a product or commitment to buy a good or service and the time the customer actually receives it.

How can response times for customer service be shortened?Put customer service software into use.Use autoresponders for email.Use time-based email notifications.Utilize text shortcuts and templates.Sort and order the emails you get into categories.

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Lowden Company has a predetermined overhead rate of 160% and allocates overhead based on direct material cost. During the current period, direct labor cost is $50,000 and direct materials cost is $80,000. How much overhead cost should Lowden Company should apply in the current period?

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Based on the direct materials cost and the predetermined overhead rate, Lowden company should apply an oevrhead cost of $128,000.

How much overhead should be applied?

This can be found as:

= Direct materials x Predetermined overhead rate

Solving gives:

= 80,000 x 160%

= $128,000

In conclusion, the overhead cost to be applied is $128,000.

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Cause-related marketing can affect consumer _____, if consumers are sympathetic to the cause and the brand and cause are seen as a good fit. a. tastes b. attitudes c. individual ethics d. budgets e. buying patterns

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Cause-related marketing can affect consumer tastes, if consumers are sympathetic to the cause and the brand and cause are seen as a good fit.

Consumer tastes are the goods and services that customers intentionally choose above competing options. Consumer preferences are so influential that they can alter how businesses operate.

Consumer preferences are said to represent the subjective (individual) tastes of distinct good bundles as evaluated by their utility. They give the consumer the option to rank these product bundles based on the utility they provide. Be aware that preferences are unaffected by pricing and money.

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The monetary transmission mechanism in the IS-LM model is a process whereby an increase in the money supply increases the demand for goods and services: a. by increasing government spending on goods and services. b. by lowering the interest rate so that investment spending increases. c. directly. d. by raising the interest rate so that investment spending increases.

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The monetary transmission mechanism in the IS-LM model is a process whereby an increase in the money supply increases the demand for goods and services by lowering the interest rate so that investment spending increases.

What happens to IS-LM model when money supply increases?With an increase in the money supply (actual money balances), the LM curve moves to the right (left) (decreases). Additionally, it moves left (right) as the need for money rises (decreases).

What happens to the IS-LM model when government spending increases?The LM curve is not directly impacted by fiscal policy. It is believed that borrowing will be used to pay for any increases in government spending or tax cuts. The LM curve remains unchanged because there is no change in the money supply.

How does the monetary transmission mechanism work?Through interest rate channels, the classic monetary transmission mechanism affects interest rates, borrowing costs, levels of physical investment, and aggregate demand. Additionally, the credit view, a source of friction in the credit markets, can have an impact on overall demand.

How does monetary policy affect demand?Monetary policy can be used to affect aggregate demand. The aggregate-demand curve will eventually move to the right as the money supply rises. The aggregate-demand curve will eventually move to the left as the money supply declines.

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Edward, a candy manufacturer, contracted to buy one thousand barrels of sugar from Marcia. Marcia failed to deliver, and Edward was unable to buy any sugar in the market. As a direct consequence, he was unable to make candies to fulfill unusually lucrative contracts for the Christmas trade. a. What damages is Edward entitled to recover

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Foreseeability of Damages.

What does "foreseeability of harm" mean?

Damages that both parties to the contract knew about or should have known about at the time the contract was made are referred to as foreseeable damages. In addition to this, an insured may be entitled to compensation for foreseeable damages caused by a failure of a duty to fairly consider, negotiate, and resolve claims. The foreseeable damages payable for warranty breach include reasonable legal fees and costs incurred in defending the injured party's claim for damages, whether or not such defense was successful.

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What can a plaintiff file essentially telling potential buyers that the property is subject to a judgment of a pending lawsuit by putting a cloud on the title

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A plaintiff file essentially telling potential buyers that the property is subject to a judgment of a pending lawsuit by putting a cloud on the title when a lis pendens.

What is lis pendens?

It should be noted that lis pendens implies the rule of law that define the operation of the common law on how a suit can be changed.

In this case, a plaintiff file essentially telling potential buyers that the property is subject to a judgment of a pending lawsuit by putting a cloud on the title when a lis pendens.

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Given the legal, security, and regulatory requirements imposed by countries and trading blocs and their tax, environmental, and security agencies, what aspect of supply chain management has become a new major focus for supply chain managers

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Planning is the new major focus for supply chain managers in supply chain management.

Supply Chain ManagementSupply chain management, which covers all procedures that convert raw materials into finished commodities, is the management of the movement of goods and services. It entails the deliberate simplification of a company's supply-side operations in order to optimize customer value and achieve a competitive edge in the market.The foundation of SCM is the notion that almost all products that are sold are the result of the efforts of numerous companies that are connected by a supply chain. Despite the fact that supply chains have been around for a very long time, most businesses have only recently recognized the value they can contribute to their operations.SCM often starts with planning to align supply with customer and manufacturing demands in order to achieve the best results.

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Due to financial distress, shareholders may invest in Blank______ risk projects, at the expense of bondholders. Multiple choice question. high no low

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Shareholders may invest in high risk projects at the expense of bondholders because of financial distress.

What is high risk projects?

This refers to projects that have a sweeping impact on the organization and pose significant threats to the project team's ability to deliver.

Therefore, the Option A is correct.

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Amelia expects her friends to always be supportive of her no matter what they have going on and to understand when she is too busy to help them. Lisa expects that her friends will often disappoint her and not be there for her when she needs someone to listen. From this description, we can derive that Amelia and Lisa's ________ are different. Multiple Choice comparison levels (CLs) outcomes investments commitments

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Comparison levels

Amelia and Lisa's comparison levels are different.

What do you mean by comparison levels?

According to prior interactions, the comparison level describes the expectations for the connection. We essentially weigh the advantages and disadvantages of our current relationship against those of our previous partnerships. Some people expect a lot of benefits since they have a high comparison level.

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Over a given period of time, if exports are greater than imports, the result is Group of answer choices An embargo. A trade war. A trade surplus. A trade deficit.

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If there is a situation where export are greater than imports, then this would lead to a trade deficit.

what is a trade deficit?

A trade deficit occurs when the amount of exports that a country sends is less than the imports it brings in.

What this leads to is a situation where the company spends more than they make in trade and this can lead to negative cash flows.

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A ________ structure is an organizational structure that assigns specialists from different functional departments to work on one or more projects.

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A matrix structure is an organizational structure that assigns specialists from different functional departments to work on one or more projects.

What is a matrix?Teams in a matrix organization report to several leaders inside the business. The matrix structure promotes open communication between teams and can assist businesses in producing more creative goods and services.What is an organizational structure?An organizational structure outlines how tasks are assigned, coordinated, and overseen in order to achieve organizational objectives.The basis upon which standard operating procedures and routines are built is provided by organizational structure.It decides who gets to take part in what decision-making procedures and how much their opinions influence the organization's activities. The lens or perspective that people use to perceive their organization and its surroundings is known as the organizational structure.

Therefore, a matrix structure is an organizational structure that assigns specialists from different functional departments to work on one or more projects.

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Dividends paid to common stockholders ______ be deducted from the payer's taxable income for tax purposes.

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Dividends paid to common stockholders cannot be deducted from the payer's taxable income for tax purposes.

What is Dividend Payments?

Dividends are paid only on outstanding shares of common stock. Since the payments are the distribution of a company's profits to its shareholders, dividend payments decrease both the cash and the shareholders' equity balance shown on the issuing corporation's balance sheet.

Since they are paid on each share, the amount of cash distributed to each shareholder is based on the amount of shares they own.

Are dividends paid to common stockholders?

Dividends are paid only on outstanding shares of common stock.

A common stock dividend is the dividend paid to common stock owners from the profits of the company. Like other dividends, the payout is in the form of either cash or stock. The law may regulate the size of the common stock dividend particularly when the payout is a cash distribution tantamount to a liquidation.

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You run a company in a monopolistically competitive market. Why would you want to find ways to differentiate your product from the products of your competitors

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this is due to the fact that they thrive on advertising, marketing price and quality to appeal to target audience.

Monopolistic opposition is a kind of marketplace shape in which many organizations are found in an industry, and that they produce comparable however differentiated products. None of the organizations revel in a monopoly, and every enterprise operates independently with out regard to the moves of different organizations.

Companies in a monopolistic opposition make monetary income in the short run, as an end result of the liberty of access and exit in the industry. Economic income that exist withinside the short run appeal to new entries, which subsequently cause expanded opposition, decrease prices, and excessive output.

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Operations management has the primary responsibility of Multiple Choice conducting research on consumer behavior. replacing quality with productivity in the manufacturing of goods. securing funds for the activities of an organization. creating goods and services that satisfy customers. developing only intangible products.

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Operations management has the primary responsibility of creating goods and services that satisfy customers.

What is operations management?

Operation management refers to the study of managing and controlling the various production processes involved in production of different products and services.

Operations management is concerned with the following:

PlanningManagingSupervising productionManufacturingDistribution,

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Services marketing differs from that of tangible goods, and many firms have adopted a strategy to Blank______.

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Services marketing differs from that of tangible goods, and many firms have adopted a strategy to manage an additional three Ps, on top of product, price, place, and promotion

What is Service marketing?

Service marketing is a type of advertising that companies who offer their clients a service use to raise their brand recognition and sales. Service marketing, as opposed to product marketing, is concerned with promoting immaterial exchanges that benefit consumers.

A service marketing triangle is a structure for marketing that combines three essential forms of communication to help your target audience understand what makes your company special and beneficial for their needs they are:

Interactive marketing, External marketing, Internal marketing

The three Ps, on top of the product, price, place, and promotion provide the best return on your investment because they serve as the basis for everything your company does.

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What phrase do many real estate contracts contain that reminds the parties to avoid unnecessary delays to the transaction, and to adhere to all contract dates?

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The phrase many real estate contracts contain that reminds the parties to avoid unnecessary delays to the transaction, and to adhere to all contract dates is called time is of the essence.

What is real estate?

Real estate are physical buildings, including natural resources. They can be used for residential or commercial purposes.

Categories of real estate are:

ResidentialCommercialIndustrialAgricultural

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When a company invests a lot of money in a particular project, it is concerned about the amount of risk involved. In general, if the expected life of a project is longer, its potential risk is Group of answer choices negligible. secondary. greater. nonexistent. constant.

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The potential risk will be secondary

A secondary risk is one that occurs as a direct result of a mitigation activity performed to address an existing hazard. It is not tied to the initial danger, as is residual risk, but rather to the response done to eradicate this threat.

The risk-return tradeoff is a trading theory that connects high risk with high gain. The optimal risk-return tradeoff is determined by a number of criteria, including an investor's risk tolerance, the number of years till retirement, and the ability to replenish lost money. Time is also important in establishing the optimal levels of risk and return in a portfolio.

Since here the company has taken risk of investing a lot of money in the project so the risk is high and will result in more profit in the long run and risk will be minimized in the long run whereas in short run the risk is high.

Therefore , the correct option is secondary.

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A type of insurance that protects workers frorm loss wages after an industrial accident that happened on the job is called

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A type of insurance that protects workers from loss wages after an industrial accident that happened on the job is called worker compensation.

Workers' compensation insurance offers financial aid and/or medical attention to employees who are hurt on the job or fall ill as a direct result of their work. This insurance is paid for by the employer; the employee is not expected to contribute to the cost of compensation.Workers' compensation, sometimes known as workers' comp, is a type of insurance that offers pay replacement and medical benefits to employees hurt while doing their jobs in return for a requirement that they waive their right to sue their employer for carelessness. The compensation bargain is the trade-off between restricted, guaranteed coverage and no other options outside of the worker compensation system.

Thus this is the answer.

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If the Fed buys U.S. government securities from banks, the federal funds rate ________ and banks' reserves ________.

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If the Fed buys U.S. government securities from banks, the federal funds rate falls and banks' reserves increase.

Fed's Monetary PolicyPrice stability and full employment, the Federal Reserve's two legally mandated goals, are necessary to ensure a healthy and expanding economy in the United States. In the past, the Fed has achieved this via modifying reserve requirements, conducting open market operations (OMO), and influencing short-term interest rates.By acquiring government assets, the Fed helps to boost bank reserves and bring down the federal funds rate. Government securities will be sold by the Fed on the open market. The Fed reduces the amount of money in circulation by selling government assets, which raises the federal funds rate.OMO has an impact on interest rates as well because when the Fed purchases bonds, prices are pushed up and rates are lowered; conversely, when the Fed sells bonds, prices are pushed down and rates are raised.

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True or false: In order to be successful, salespeople should have the knowledge about how to analyze data and situations and use the Internet.

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The statement "In order to be successful, salespeople should have the knowledge about how to analyze data and situations and use the Internet." is True. This is further explained below.

What are salespeople?

Generally, a person whose duty it is to sell goods or services in a specific area, whether in a physical location or over the phone

In conclusion, It is true that salespeople need to understand how to use the Internet and assess data and circumstances if they want to succeed.

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Hugh Larrimore, Wilson Knight, and Frieda Perez have worked together for twelve years. They always clock in and clock out together. If one of the threesome happens to be late, the others will wait for him or her. This commonly accepted behavior for this informal group is called a(n): Group of answer choices company policy organizational policy group norm work procedure self-mandated regulation

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Group norm

The given behavior is known as group norm.

What is group norm?

Group norms are the unwritten or unspoken rules that dictate how team members should behave, collaborate, and work. Group norms are typically not recorded in writing. Instead, they are implicitly accepted guidelines for conduct that are determined by the underlying principles of the company culture. These implicit beliefs influence how team members make choices, interact professionally, and even settle disputes.

Even if you've never intentionally established group standards before, you've undoubtedly done so. Even if they are unaware of it, all types of groups, such as working groups, informal groups, and friendship groups, have a set of norms that they develop over time.

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Salespeople who call on _____ are most likely to spend time servicing accounts by stocking shelves, setting up POP displays, and handling local advertising.

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Salespeople who call on supermarkets are most likely to spend time servicing accounts by stocking shelves, setting up POP displays, and handling local advertising.

In a supermarket, what does a salesperson do?

A retail salesperson deals directly with customers to sell them things like clothing, automobiles, gadgets, furniture, etc. He or she aids clients in locating what they need in a store or other retail setting and persuades them to make purchases by outlining the advantages of the goods.

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_____________ describes how executives with better fit between their personal intentions and their firm's mission care more about their employee's happiness, job satisfaction, and emotional well-being. meaning-mission fit corporate sensitivity employee-company wellness corporate-mission-care

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The concept of "meaning-mission fit" describes how executives with better fit between their personal intentions and their firm's mission care more about their employee's happiness, job satisfaction, and emotional well-being.

What is meaning mission fit?

A person's obligation to be trustworthy and dependable in their relationships with others is addressed by the concept of fidelity. Additionally, it entails maintaining promises, keeping commitments, and being trustworthy.

Some features of meaning-mission fit are-

The notion that meaning matters is also part of contemporary business philosophy.The idea of meaning-mission fit describes how business leaders that have better personal objectives that are in line with the mission of their company are more concerned with the happiness, job satisfaction, and emotional health of their workforce.How people choose a career is crucial since work plays such a significant part in giving people meaning.The degree of enjoyment employees experience with their jobs is known as job satisfaction. Beyond their regular responsibilities, this includes their contentment with their coworkers and superiors, their satisfaction with the organization's rules, and how their job affects their personal lives.

Therefore, there are several criteria that can help person create a mission statement that successfully communicates the purpose and objective, but there is no one-size-fits-all approach.

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True or false: The metrics used to assess the effectiveness of an impressions-based digital display ad campaign are the same as the metrics used to assess the effectiveness of a search ad campaign.

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It is True that the metrics used to assess the effectiveness of an impressions-based digital display ad campaign are the same as the metrics used to assess the effectiveness of a search ad campaign.

What is  ad campaign?

ad campaign serves as an avenue to promote the goods as wel;l as services of a company.

In this case,  effectiveness of an impressions-based digital display ad campaign are the same as the metrics used to assess the effectiveness of a search ad campaign.

Therefore, the statement is True.

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On June 1, a company collected an $18,000 advance payment from a customer. The company will earn the payment over 12 months. What amount should the company report as a current liability at the end of the current calendar year

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An amount of $18,000 will be recorded as a current liability at the end of the current calendar year.

What is an advance payment?

This means a payment type that is made ahead of its normal schedule such as paying for a good or service before you actually receive it.

An advance payment will be recorded as repayment under the current liability in balance sheet.

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Need Help, Please ? Also show work. The sinking of the Lusitania ultimately played a role in prompting Germany to? A) abandon the Schlieffen Plan B) halt unrestricted submarine warfare C) declare war on the United States D) begin a widespread rationing program Write a proportion for the statement.40 is to 10 as 32 is to 8. give four reasons why the interior of the earth is hot The History of the PRT Representative Michele Bachmann and other supporters have worked hard to send bills through the legislative process that would allow for funding the PRT; however, they have not been successful. In 2004, a bonding bill for $4 million was passed by the House, but it was later thrown out in a conference committee. In addition, a number of the PRT supporters have faced some legal issues and have had to step off to the sidelines, thereby making the PRT just another idea simmering on the back burner. For example, Professor J. 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Marjorie wants to subdivide a rectangular plot of land measuring 600 m by 720 minto equal square lots. What is the side length of the largest possible square lotshe can use? Show the prime factorization results to support your answer. Ranjit was caught cheating on his final exam. But why should he be punished when a dozen other people cheated last year in the same course? HELPS I NEED THE ANSWER PLSSSSSSSSSSSS! PLEASE HELPa marine biologist tags 50 fish at lake ness and releases them. five days later, he captures 75 fish and finds that 3 of them are tagged. assuming the population of fish has remained constant over the five days and that this sample is an accurate representation of the portion of the fish in the lake that are tagged, how many fish are in the lake? GEOMETRY) Fill in the blanks:How many degrees is arc PA?How many degrees is angle PRA?Line PR is a diameter of the circle. 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