Answer:
E) contracts out certain value chain activities that are normally performed in-house to outside vendors.
Explanation:
A strategic alliance usually serves the following purposes:
- facilitate the achievement of an important business objective
- helps to build, strengthen, or sustain a core competence or competitive advantage (option A)
- helps to remedy an important resource deficiency or competitive weakness
- helps to defend against a competitive threat, or lower a significant risk (option B)
- increases bargaining power over suppliers or buyers (option C)
- helps to open new market opportunities (option D)
- speeds the development of new technologies and innovations
The marketing plan, which should include <em>specific plans</em> to deal with all opportunities and threats.
Answer:
B) Job Enlargement
Explanation:
Job enlargement refers to addition of different tasks and activities to the already existing job responsibilities of an individual, at the horizontal level. Such practice enhances job scope and also referred to as horizontal job expansion.
Job enlargement increases the job responsibility and at the same time breaks the monotony of performing the same routine tasks as new job responsibilities are added.
Such an activity also promotes creativity and develops employee skills w.r.t new tasks and activities.
In the given case, an employee has been assigned an additional column for editing apart from the usual sports column he handles. This is a case of job enlargement wherein, the existing job has been enlarged owing to the additional responsibility which has been assigned.
The step transforms the item toward completion (something changes)
The step is done right the first time (not a rework step)
The customer cares (or would pay) for the step to be done.
If someone produced too little of a good, this would suggest that the good was produced to the point where its marginal benefit exceeded its marginal cost.
Both are metrics used in economics for measurement of costs and benefits.
Marginal benefit is the gain the business receives for doing anything "one more time.", while marginal cost is the additional cost the business incurs to produce one more unit.
This means that if someone produced too little of a good, the business gained more than it lost.
