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What does the transaction cost approach implies that an organization should?
select a mechanistic structure to reduce costs
How would you identify the optimal cost of capital for an organization?
To identify the optimal cost of capital for an organization the cost of debt and equity is needed. The preferred stock is also needed.
What are the objectives of cost control in an organization?
I don't cares
Why are mutual funds popular among investor?
Reduce risk, portfolio diversification, low transaction cost
Why is there a cost associated with volunteerism in the nonprofit?
The cost, to the agency, is in the recruitment, screening including paying for criminal background checks (this is sometime paid by the volunteer), training and management of volunteers. The cost to the volunteer may be in travel and the opportunity cost of whatever else they might be doing. There are also enormous benefits.
What are the essentials of management of an organization?
Reduce cost and increase profit for shareholders
What does the transaction cost approach implies that an organization should?
select a mechanistic structure to reduce costs
Cost reduction strategies?
A cost reduction strategy focuses on reducing an organizationâ??s cost and increasing their profits. This strategy can vary from one organization to another depending on where they can reduce cost.
How can an organization use ERP implementation to obtain competitive advantages?
The choice to implement an ERP will help the business gain a competitive advantage by making them more efficient. If the ERP helps reduce waste, it can also reduce cost for the organization.
How do you organize value engineering function in shoe manufacturing organization?
You can organize this the same as you would in any other manufacturing organization - you either need to improve the function or reduce the cost.
What any recruitment company can reduce the hiring cost for start-up?
The kind of recruitment ompany that can reduce the cost of hiring for a start-up would be something along the lines of a temporary agency. The workers for a temp agency often will take any kind of work and won't cost as much as hiring a full-time employee. The start-up company will then have the option to hire the temp if they like how they work.
Why is a decentralized system of justice an advantage in the US?
local control, cost reduction and less corruption.
How you can reduce cost of manufacture?
Reduce the cost of materials, labor or overhead, or improve productivity.
What is intrabusiness?
Intra-business is the state of business within the organization. It includes how departments work together to meet organizational goals each day.
How much will it cost to rent a car in Missouri?
As much as the agency charges. It depends on vehicle type, agency, insurance cost, and use expectations.
What do you do to reduce cost to serve?
Either improve efficiency or reduce quality
What is HR acumen?
It is the ability to manage people processes with focus on organization's bottom-line. Inbusiness terms, it's the HR's ability to reduce risk, cost and losses related to people practices.
