Jewel often uses standing plans while managing inventory levels and ordering within her organization. Why are standing plans effective for this process?

This is a large set of activities.

There is less scope and complexity.

Inventory and ordering occur regularly.

They are single-use plans that accommodate variances in orders.

Inventory levels will change each time.

Which of the following is an advantage of unrelated diversification?

When one industry is in decline, others will likely be growing

It allows organizations to exploit important synergies.

It allows organizations to exploit important synergies.

Organizations can allocate capital to maximize corporate performance.

Research suggests that it leads to high performance.