3. by setting a companys vision, goals and objectives, you would be doing which task in the management…

3. by setting a companys vision, goals and objectives, you would be doing which task in the management process? a. planning and decision - making b. creating its mission statement c. creating the companys swot analysis d. designing a pert or gannt analysis 4. define economies of scale. a. the advantages that can sometimes occur as a result of increasing the size of a business. b. an example of economies of scale is when a business engages in bulk purchasing by buying a large number of products at once because it can negotiate a lower price per unit than its competitors.. c. a proportionate saving in costs gained by an increased level of production. d. the cost advantages that enterprises obtain due to their scale of operation, and are typically measured by the amount of output produced per unit of cost. e. all of these describe economies of scale.

3. by setting a companys vision, goals and objectives, you would be doing which task in the management process? a. planning and decision - making b. creating its mission statement c. creating the companys swot analysis d. designing a pert or gannt analysis 4. define economies of scale. a. the advantages that can sometimes occur as a result of increasing the size of a business. b. an example of economies of scale is when a business engages in bulk purchasing by buying a large number of products at once because it can negotiate a lower price per unit than its competitors.. c. a proportionate saving in costs gained by an increased level of production. d. the cost advantages that enterprises obtain due to their scale of operation, and are typically measured by the amount of output produced per unit of cost. e. all of these describe economies of scale.

Answer

Brief Explanations:

For question 3, setting a company's vision, goals and objectives is part of the planning and decision - making process in management. For question 4, all the options provided correctly describe different aspects of economies of scale. Option a gives a general idea, option b provides an example, option c mentions cost savings with increased production, and option d defines it in terms of cost advantages related to scale of operation.

Answer:

  1. a. Planning and Decision - Making
  2. e. All of these describe economies of scale.