Why does each company's operations capability match up with its business strategy?
What will be an ideal response?
Answer: Each company's operations capability matches up with its business strategy so that the firm's activities, from top to bottom, are focused in a particular direction. Aligning operations capability with business strategy helps to improve profitability. For example, FedEx focuses on dependability, which has made it a leader with business customers.
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While preparing the budgeted income statement of a merchandising company, the amount of cost of goods sold can be taken from the ________
A) budgeted balance sheet B) budgeted cash flow statement C) inventory, purchases, and cost of goods sold budget D) capital expenditures budget
What is the dirty price of a bond?
A) the bond's price based only on the bond's yield B) the bond's actual cash price C) the bond's price based only on coupon payments D) the bond's price less an adjustment for changes in interest rates