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What factors account for the resurgence of interest in Operation Management today?
Answer: There are several factors in OM today to consider. In my opinion globalization is the most important aspect to consider its involves all constrains economic, political, technological, and cultural connections also involves the growth of multinational corporations (businesses that have operations or investments in many countries) and transnational corporations (businesses that see themselves functioning in a global marketplace). Globalization has opened up broader communication lines and brought more companies as well as different worldwide organizations companies perform benchmarked and in some cases interchange experience and ideas to achieve common goals and avoid waste time in flow process no operatives. Other factors to consider are: Quality, Customer Service and cost challenges, Rapid expansion of advanced...
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What else can I help you with?
How would one describe key account management?
Key account management is simply account management applied to a companies most important customers. It will include project management and developing relationships.
What do soda mean in property management?
Statement Of Deposit Account
Is cost management account an evolution or revolution?
Cost management accounts are considered to be an evolution rather than a revolution.
How can management accounts be useful for decision making?
Because Management Account is useful for the future and may be use for any business currency.
What factor takes into account the impact that a compromise would have on your operation AND OPSEC?
risk
What is the current interest rate offered by Robinhood for their cash management account?
The current interest rate offered by Robinhood for their cash management account is 0.30.
What is a compound interest savings account?
Its where your savings account earns interest on the interest.
What are the 4 functional areas of operation?
1.Marketing and sales 2.Supply chain management 3.Account and finance 4.Human resource
What is an example of interest-bearing account?
An Interest bearing account is a bank account in which, the banks pays you an interest for keeping your money deposited in that account. Ex: Savings Bank Account - You usually get around 3.5% rate of interest on the money you hold in your savings account in India.
Do you earn interest on a current account?
No, you typically do not earn interest on a current account.
What is the terminology of compounding interest?
The terminology of compounding interest means adding interest to the interest that one already has on an account. The interest could be added to a bank account or to a loan.
How is the interest on a savings account calculated?
The interest on a savings account is calculated by multiplying the account balance by the interest rate and the time the money is held in the account. This calculation is typically done on a monthly or annual basis.
Does BB and T checking account earn interest?
No, only their savings account accrues interest.
What is entry for interest credited into Bank account?
bank account debit and interest payable credit
What is the purpose of high interest checking?
"A high interst checking account is a type of checking account that earns interest. Usually these accounts have higher interest than a regular checking account, but not as high as a savings account."
How would one describe key account management?
Key account management is simply account management applied to a companies most important customers. It will include project management and developing relationships.
Is savings account interest accrued and posted monthly?
It depends on the terms and conditions etc of the type of savings account. Some savings accounts have interest calculated monthly (on daily balances), and credit the amount of interest to the account monthly. Others do an annual calculation of interest, also based on daily cleared balances, but only credit the account once a year. If interest is credited each month, each subsequent month you also get interest on the interest previously credited to the account. Alternately, if the interest is paid/credited only annually, the sum credited is the total interest for the year. Interest rates are quoted taking these factors into account. An account which credits interest monthly will always pay a slightly lower Gross rate of interest than an account that has an annual interest period. This is to take account of the fact that the return on an account where the balance is increasing monthly (due to interest being added each month) will always give a higher return in the year compared to an an account with the same Gross interest rate, but which is calculated and credited only once a year.
