What is the difference between a value-added activity and a non-value-added activity? Provide two examples of non-value-added
Question:
What is the difference between a value-added activity and a non-value-added activity? Provide two examples of non-value-added activities for each of the following:
a. Fast-food restaurant
b. Clothing store
c. College bookstore
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 88% (9 reviews)
A valueadded activity adds value to the products quality and performan...View the full answer
Answered By
Hassan Ali
I am an electrical engineer with Master in Management (Engineering). I have been teaching for more than 10years and still helping a a lot of students online and in person. In addition to that, I not only have theoretical experience but also have practical experience by working on different managerial positions in different companies. Now I am running my own company successfully which I launched in 2019. I can provide complete guidance in the following fields. System engineering management, research and lab reports, power transmission, utilisation and distribution, generators and motors, organizational behaviour, essay writing, general management, digital system design, control system, business and leadership.
5.00+
1+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
What is the difference between a value chain and a supply chain?
-
What is the difference between a value-added and a non-value-added cost? Give an example of each. Participate in follow-up discussions by reviewing your classmates & apos; posts and expanding upon...
-
What is the difference between a variable and a mixed cost, given that each changes in total with changes in activity levels?
-
Use the limit definition of the definite integral with right Riemann sums and a regular partion to evaluate the following definite integrals. Use the Fundamental Theorem of Calculus to check your...
-
Carboncarbon bond dissociation energies have been measured for alkanes. Without referring to Table 4.3, identify the alkane in each of the following pairs that has the lower carboncarbon bond...
-
A steel bar of thickness h is subjected to a bending force F. The vertical support is stepped such that the horizontal welds are b1 and b2 long. Determine F if the maximum allowable shear stress...
-
Air discharges from a 2-in.-diameter nozzle and strikes a curved vane, which is in a vertical plane as shown in Fig. P5.62. A stagnation tube connected to a water U-tube manometer is located in the...
-
Getting a degree from a college or university can be a long and difficult task. Certain courses must be completed before other courses may be taken. Develop a network diagram, in which every activity...
-
Two resistors are connected in parallel with an 99 volt battery. The resistors have values of R 1 = 7 ohms and R 2 = 55 ohms. What is the current (in amps) in this circuit? Round your answer to two...
-
Garda World Security Corporation has the following shares, taken from the equity section of its balance sheet dated December 31, 2014. Preferred shares, $4.48 non-cumulative, 45,000 shares authorized...
-
How does activity-based management differ from activity-based costing?
-
How did activity-based costing help BuyGasCo Corporation settle its predatory pricing case?
-
If the nominal interest rate is 8 percent and the expected inflation rate is 2 percent, what percentage does the real interest rate equal?
-
(a) The spliced connection shown in the figure below, is under the effect of an axial tension load (N* = 20 kN) originating from transient wind load actions only and acting along the grains of the...
-
Dennis buys a house in 1973 and finances it with a mortgage that carries an annual interest rate of 7 per cent. Inflation in 1973 is 3 per cent, inflation in 1974 is 4 per cent, and inflation in 1975...
-
Under a purchase contract signed by Company A in October of the current year, Company A will take delivery of inventory with a value of $56,000 scheduled for delivery on April 30 of the following...
-
Paul is a stay at home father. His wife Mary, earns $190,000 a year and she contributed $8,000 for the past three years to Paul's RRSP (spousal RRSP). In 2021, she did not contribute anything. To...
-
The yield curve reveals that the 1-year spot rate is 6.3%, the 2-year spot rate is 9.2%, and the 3-year spot rate is 12.6%. What is the duration of a 3-year bond with a face value of $1,000.00 making...
-
Evaluate the following integrals. 1 dx xV9x? 1 3
-
Describe the general ways that the revised Form 990, applicable for tax year 2008 and beyond, is different from previous versions.
-
Maria Chavez owns a catering company that serves food and beverages at parties and business functions. Chavezs business is seasonal, with a heavy schedule during the summer months and holidays and a...
-
Maria Chavez owns a catering company that serves food and beverages at parties and business functions. Chavezs business is seasonal, with a heavy schedule during the summer months and holidays and a...
-
Maria Chavez owns a catering company that serves food and beverages at parties and business functions. Chavezs business is seasonal, with a heavy schedule during the summer months and holidays and a...
-
What effect does an antagonist drug have over the receptors ?
-
Read this article on the differences and Comparisons between UNIX and LINUX http://www.diffen.com/difference/Linux_vs_Unix, then do some research and post your thoughts on each of the systems. Based...
-
Assume that in 2023, Bobby had a vacant lot that was given to him as a gift from his father that had an FMV of $40,000 and an adjusted basis of $15,000.
Study smarter with the SolutionInn App