Explain with an example how SAP can be used to measure an organization's objectives
What will be an ideal response?
Suppose an organization decides to reduce the number of cancelled sales and achieve faster customer response. The number of cancelled sales is measured by the percentage of sales that were cancelled. A cancelled sale was one that was made but subsequently disapproved.
Faster customer response is measured by the time from sales order agreement to the arrival of ordered products. A second measure for customer response is percentage of sales of first-year products. If this percentage is higher, it means that the organization's new products have incorporated feedback from customers.
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Dividends received on investments made in the stock of other corporations is an example of a financing activity
a. True b. False Indicate whether the statement is true or false
Campbell is the world's largest soup company, commanding about 80% of the U.S. canned soup market. However, the company has a presence in only 6% of the world's soup markets
Russians eat 32 billion servings of soup each year, and the Chinese consume 300 billion! By contrast, Americans eat 15 billion servings each year. Sensing a huge opportunity, Campbell has dispatched teams to observe Russian and Chinese habits. This type of interpretation and decision is based on: A) demand pattern analysis. B) income elastic analysis. C) time series displacement. D) polycentrism. E) comparative analysis.
If your drawing shows a process, structure the process from _________________
a. top to bottom and left to right b. bottom to top and right to left c. top to bottom and right to left d. bottom to top and left to right
On December 31, Strike Company has decided to sell one of its batting cages. The initial cost of the equipment was $250,000 with an accumulated depreciation of $210,000. Depreciation has been taken up to the end of the year. Strike found a company that is willing to buy the equipment for $25,000. What is the amount of the gain or loss on this transaction?
A) Gain of $25,000 B) Loss of $15,000 C) Loss of $25,000 D) Cannot be determined