Describe the difference between cost-saving and cost-increasing technology-based innovations. Provide an example of each and analyze why a cost-increasing innovation would continue to be used.

Q: Which of the following R&D costs can be capitalized by an SME? Group of answer choices Conceptual…

A: Research and development cost refers to the cost incurred by the SME for the development of new…

Q: Some managers believe machine performance is more important in a JIT environment than in a non-JIT…

A:

Q: es may be necessary. keeping in mind that changes are taking place in the business environment due…

A: The business environment never rests. Regulations are always changing, global competition continues…

Q: Why there is an unmistakable trend in manufacturing to improve quality?

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Q: Describe the benefits and drawbacks of several of the new approaches to reward systems. Which ones…

A: To think critically about: Benefits systems drive the organization towards their organizational…

Q: Which of the following is an expected advantage of implementing IFRS?

A: International Financial Reporting Standards, also known as IFRS, basically represents the standards…

Q: Necessity is the mother of invention; competition and a host of other reasons are responsible for…

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Q: What are the main costs and limitations of implementing ABC systems?

A: Activity Based Costing: Activity based costing is one of the methods of costing to identify the…

Q: What are the four P's of effective software project management?

A: The four P's of effective software product management are: 1. Product 2. People 3. Process 4.Project…

Q: Why do technical analysis? Explain how and why technicians utilize it, and how it may assist time…

A: Technical analysis is a type of analysis that is used to predict the changes in the market.…

Q: List the disadvantages of decentralization.

A: Decentralization refers to a company's top management delegating authority to subunits of the…

Q: Give an example of a common resource in an organization. List some of the opportunity costs…

A: Opportunity cost: Opportunity cost refers to the forgone revenue that could have been generated…

Q: What benefits result from decentralization?

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Q: Most people view is worth bearing. due to technological change as a necessary cost that Select the…

A: Answer: Correct options are (a) and (c).

Q: Write an essay outlining the key principles of lean manufacturing.

A: Lean Manufacturing:   Lean manufacturing can be defined as a systematic way to minimize waste in a…

Q: Process value analysis is the examination, quantification, and explanation of the effects of cost…

A: Process Value Analysis: Process value analysis involves a critical analysis of all the processes…

Q: Which is a disadvantage of an enterprise resource planning (ERP) system? a. Helps companies adjust…

A: Disadvantages of ERP: Changes to business process Complexity cost

Q: Which of the investment constraints is expected to have the most impact on your decision process?…

A: Investment constraints: These are the conditions that limit or restrict an investor's investment…

Q: Which is a disadvantage of an enterprise resource planning (ERP) system? Helps companies adjust to…

A: Enterprise resource planning: It is a process that integrates different areas of the organization…

Q: Define the term accelerated cost recovery system (AC RS)?

A: The AC RS is a method of depreciation. It is used for depreciating the property for tax purposes

Q: Describe the potential costs and benefits of LBOs?

A: LBO is the acquisition method where the company used to use the borrowed money in order to acquire…

Q: Why is the contribution margin an important concept forincremental decision making?

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Q: What are the risks that exist in the conversion cycle and the changes needed to reduce the risks?

A: The risks involved in the current system of the conversion cycle are as given below: There can be a…

Q: Which of the following statements is TRUE about designing, creating, and implementing a new business…

A: Creating a new process or workflow from scratch is called as new business process. It’s dissimilar…

Q: explain each of Highest added value activity, to increase switching cost, and to increase entry…

A: Barriers to entry are obstacles or obstacles that make it difficult for a new business to enter a…

Q: What is modified accelerated cost recovery system (MACRS)?

A: Any fixed asset purchased has a fixed life throughout which it has to be used. Over the course of…

Q: Beside the dollar cost, what other costs should you consider when comparing alternative solutions to…

A: There could be lot of factors which are to be considered while comparing alternative solutions to 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: hen asked how the productivity increase would be accomplished, River hinted that increasing the…

A: 1) Ethical Dilemma: 1.Speedup the Assembly process- by 2 to 3% unnoticed by the Labor/Union may…

Q: Cite a specific example of non-value added activity that can be eliminated in a particular industry.…

A: NVA activities are tasks that do not add to the shape or function of the market. Filing, copying,…

Q: Define the term Sustainable marketing?

A: substainable marketing : It is a marketing activity keeping in mind its effect on environment.

Q: Reduced time-to-market, reduced expected service cost, and ease-of-manufacture are critical success…

A: Cost life cycle is the procedure of combining together all the costs that are to be used starting…

Q: What is the net present value of selecting the new machine

A: Net Present Value is the difference between present value of cash inflow and present value of cash…

Q: What are the risks associated with conversion cycle and changes need to reduce that risks?

A: Cash conversion cycle The cash conversion cycle is a method that tracks the time a company would…

Q: Which of the following terms is used to refer to opportunities that are practical and physically…

A: The answer and the explanation has been given in the next step.

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

A: Value Chain: