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2 years ago

Why do businesses grow

Business

2 answers:

grandymaker [24]2 years ago

6 0

Answer:

Successful, growing firms are likely to increase salaries/pay bonuses to managers. Increasing output enables economies of scale, greater efficiency and lower average costs.

valkas [14]2 years ago

4 0

Answer:

Most firms seek to become bigger – increasing sales and market share. Firms can grow through internal expansion, external growth (merger) or diversification into related industries. The motives for increasing in size can include: Greater sales lead to greater profit, making the firm more attractive to shareholders.

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As a production manager, George is accountable for resource budgets that are highly sensitive to overtime pay rates. As a sales

Klio2033 [76]

Answer:

The answer to this question is Option E. different evaluation and reward systems.

Explanation:

As a production manager, George is accountable for resource budgets that are highly sensitive to overtime pay rates. As a sales manager, Lucas needs to meet customer delivery schedules at all costs to avoid losing contracts that drive his commissions. The conflict that arises between these managers is the result of different evaluation and reward systems.

5 0

3 years ago

Read 2 more answers

In 2019, Audrey claimed $2,100 on her Federal tax return for her Child and Dependent Care Expenses Credit. Her Federal adjusted

Maurinko [17]

Answer:

$1,050

Explanation:

Her adjusted gross income is $32,750, so she can claim maximum of 50% of Child and Dependent Care Expenses as CDC Credit

= $2,100 * 50%

= $1,050

So, the amount she can claim for the California Child and Dependent Care Expenses (CDC) Credit is $1,050

5 0

3 years ago

Whether to pay a lawmaker for giving a speech at your company is an ethical

jekas [21]

Answer: B

Explanation:

3 0

3 years ago

The manager provided the following information. Direct manufacturing labor hours: 2,400 hours Actual units produced: 12,000 unit

Naya [18.7K]

Answer:

Labor efficiency variance = $5,760 (Favorable)

Explanation:

We know,

Labor efficiency variance = (Standard hour - Accrual hour) × Standard rate

Given,

Accrual hour = 2,400

Standard hour = Budgeted direct manufacturing labor hours × Actual units produced

or, Standard hour = 0.22 × 12,000

Standard hour = 2,640 hours.

Standard rate = $24.

Putting the values into the formula, we can get

Labor efficiency variance = (2,640 - 2,400) hours × $24

Labor efficiency variance = 240 × $24

Labor efficiency variance = $5,760 (Favorable)

As standard hours is higher then actual hours, it is a favorable situation.

7 0

3 years ago

The allotment of narrow, specialized portions of a large tasks to specific workers is known as the:

Oksi-84 [34.3K]

The answer is division of labor. It is the segregation of tasks in any system so that applicants may specialize. Individuals, nations, and organizations are gifted with or obtain particular competencies and either form mixtures or skill to take advantage of the capabilities of others in adding to their own.

8 0

4 years ago