Ways of Value of Efficiency?
Ways of Value of Efficiency?
Homework Answers
Answer : Efficiency is related to the economical and effective working of the business in order to gain maximum share and value in the eyes of the customer.There are proper procedure for analysis the value of the business I.e
- Insight : It means that there is a proper analysis of the financial performance of the business.There should be proper value added analysis of the data to increase revenue and decrease cost.
- Simplication : There is an efficient scope as well as expansion and customer efforts . It is value added by ensuring positive customer experience . There should be proper customer satisfaction and created customer efforts.
- Reliability : There is an effectiveness , cost reduction as well as quality and compliance . It has been created value added by meeting customer need at a competitive cost and minimises risk and losses.It helps in reducing loss in the business.
The CFO for Tangent Transit would like to improve its efficiency of handling of customer inquiries...
The CFO for Tangent Transit would like to improve its efficiency
of handling of customer inquiries on orders. He created an online
customer inquiry utility that allows customers to access and track
their orders. Under which of the efficiency improvement steps will
this fall?
Define a process map for each activity/process chosen.
Identify value and non-value-adding activities.
Create ways to eliminate all non-value-adding activities.
Seek ways to improve value-adding-activities.
4.
he CFO for Tangent Shipping would like to improve its...
How can value and efficiency be measured in population health?
How can value and efficiency be measured in population health?
Governments sometimes decrease the efficiency of the markets when policymakers place the interests of the public...
Governments sometimes decrease the efficiency of the markets when policymakers place the interests of the public above their own self-interest. pursue their own self-interest, even if their self-interest conflicts with the public interest. act in ways to maximize economic efficiency. act in ways to bring about an less equitable distribution of society's wealth.
In the context of the Shapiro-Stiglitz model of efficiency wages, what’s the value of effort if...
In the context of the Shapiro-Stiglitz model of efficiency wages, what’s the value of effort if monitoring is costly, the probability that she leaves for another job is b=0.16, the probability that he gets caught shirking and thus fired is q=0.04 and the efficiency wage in equilibrium is 3,800? (Recall that the value of working is (W-E)/b and the value of shirking is W/ (b+q))
Increased Efficiency, Inc. is looking for ways to shorten its cash conversion cycle. It has annual...
Increased Efficiency, Inc. is looking for ways to shorten its cash conversion cycle. It has annual sales of $36,500,000, or $100,000 a day on a 365-day basis. The firm's cost of goods sold is 65% of sales. On average, the company has $9,000,000 in inventory and $8,000,000 in accounts receivable. Its CFO has proposed new policies that would result in a 20% reduction in both average inventories and accounts receivable. She also anticipates that these policies would reduce sales by...
In what ways can using Twitter to tweet to others provide value? What type of value...
In what ways can using Twitter to tweet to others provide value? What type of value does tweeting provide
assume there are three ways in which terminal value can be estimated - liquidation value for...
assume there are three ways in which terminal value can be estimated - liquidation value for the assets, a multiple of earnings or revenues in the terminal year or by assuming that cashflows grow at a constant rate forever after your terminal year. How do you determine which approach to use to estimate terminal value?
_____ software development seeks maximize value to customers by optimizing value stream efficiency. Question 22 options:...
_____ software development seeks maximize value to customers by optimizing value stream efficiency. Question 22 options: A) Agile B) Kanban C) Lean D) Open source
Employees in all businesses train for years on ways to obtain efficiency without sacrificing accuracy. “Best...
Employees in all businesses train for years on ways to obtain efficiency without sacrificing accuracy. “Best practices” and standardized procedures were once the human employees’ goals. With the increasing capabilities in business intelligence technology, organizations can turn human best practices into machine-driven processes. By doing so, it is possible to harness the massive quantities of information already contained within an accounting system in a more strategic manner. As part of the initial process to automate accounting tasks, accounting staff knowledgeable...
agency costs and different ways to minimize them in order to maximize shareholder value. What are...
agency costs and different ways to minimize them in order to maximize shareholder value. What are effective ways to minimize agency costs, other than compliance with regulatory agencies.
The CFO for Tangent Transit would like to improve its efficiency
of handling of customer inquiries on orders. He created an online
customer inquiry utility that allows customers to access and track
their orders. Under which of the efficiency improvement steps will
this fall?
Define a process map for each activity/process chosen.
Identify value and non-value-adding activities.
Create ways to eliminate all non-value-adding activities.
Seek ways to improve value-adding-activities.
4.
he CFO for Tangent Shipping would like to improve its...
Governments sometimes decrease the efficiency of the markets when policymakers place the interests of the public above their own self-interest. pursue their own self-interest, even if their self-interest conflicts with the public interest. act in ways to maximize economic efficiency. act in ways to bring about an less equitable distribution of society's wealth.
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