Question: An emerging tomato paste processing firm is eager to succeed in its operating industry. The manager however knows that this vision requires strategic decision making
An emerging tomato paste processing firm is eager to succeed in its operating industry. The manager however knows that this vision requires strategic decision making towards being competitive and productive
a What does competitiveness mean in the business world?
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b From an operational perspective, discuss any things this firm can do to influence its own competitiveness?
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c Give four examples of strategies this firm may need to employ to achieve their goals?
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d Assuming that this company produces bottles of tomato paste in labor hours. Determine the company's labor productivity.
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e Suppose now that, to produce bottles, the firm uses labor hours and that the labor cost is $ per hour. Material cost is $ Calculate the total productivity.
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