Answer:
<em>Open Communication</em>
Explanation:
In business, open communication is<em> really the capacity of anyone to obtain, access and share communication resources on one level in order to provide value-added facilities on yet another level in a layered communication system architecture under equal conditions with a transparent relationship between cost and pricing.</em>
It is important for business because it encourages your staff to become more involved and recognize that what they are doing counts to business success.
Answer:
The answer is b. Determining the business planning vs financial objectives
Explanation:
Financial performance for the previous month is consolidated to provide inputs for analyzing the current month’s S&OP cycle. Actual costs are compared with budgets and forecasts to analyze forecast accuracy over a rolling time frame.
Answer:
limit supplier bargaining power.
Explanation:
Switching costs from industry refers to cost of moving from that industry to another industry.
If these costs are high, industry members would feel pressure to stay in the industry to avoid the high switching costs. So, they would tend to stick to industry. Members' this tendency to stay in industry irrespective of issues, is likely to reduce their bargaining power in the market.
Answer:
C. weighted center of gravity method
Explanation:
Based on the information provided it seems that the term that is being mentioned is known as the weighted center of gravity method. This method is an approach that analyzes data in order to choose a single geographical coordinate for a single new facility that will minimize costs greatly as opposed to other possible locations.