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2 years ago

What are the three element of business equipment and resource?

Business

1 answer:

bulgar [2K]2 years ago

6 0

Answer:

1.1 Identify and access business equipment or resources required to

complete task under direct instructions

1.2 Estimate quantities and resources correctly to complete the task

1.3 Check equipment for serviceability in accordance with equipment

instructions

2. Operate equipment

2.1 Operate equipment in accordance with manufacturer's specifications

and under direct instructions

2.2 Identify equipment faults accurately and take action to ensure

equipment is repaired in accordance with manufacturer's

specifications

2.3 Report repairs outside area of own responsibility to appropriate

persons

3. Maintain equipment or resources

3.1 Maintain equipment or resources to support completion of tasks under

direct instructions

3.2 Undertake maintenance to ensure equipment meets manufacturer's

specifications

3.3 Maintain records concerning equipment or resources under direct

instructions

3.4 Store equipment and resources under direct instructions

Explanation:

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Majer Corporation makes a product with the following standard costs: Standard Quantity or HoursStandard Price or RateStandard Co

irina1246 [14]

Answer:

Variable overheads efficiency variance = $13,040 favorable

Explanation:

Variable overheads efficiency variance is the difference between the standard hours of actual output and actual hours valued at the standard variable overhead rate per hour

Hours

5,900munits should have taken (5,900× 0.9) 5,310

but did take 2050

efficiency variance in hours 3,260 favorable

Standard rate per hour $4.00

Variable overheads efficiency variance 13,040 favorable

Variable overheads efficiency variance = $13,040 favorable

3 0

3 years ago

When an organization adopts the ______ concept, it has made the attempt to know as much about the consumer as possible and has d

Alexandra [31]

Answer:

c. Marketing concept

Explanation:

Marketing concept -

It is the strategy adopted by the organisation , in order to meet the demands of the consumers , tackle the competition , increase the profit margin and increase sale , is referred to as the marketing concept .

Hence , the marketing department of the organisation , tries to focus on the consumers , in order to beat the upcoming competition.

Hence , the given information of the question,

The correct option is c. Marketing concept .

6 0

3 years ago

Alison's dress shop buys dresses from McGuire Manufacturing. Alison purchased dresses from McGuire on July 17 and received an in

kramer

Answer:

Allison should record the purchase at $5880

Explanation:

The net method for recording purchases implies that the purchases is recorded net of the envisaged cash discount on the transaction since the purchaser believes they would settle their account before the cash discount period expires.

Based on the above, the purchases would be recorded as shown below:

cost of purchase=original purchase value*(100%-discount rate)

original purchase price is $6,000

discount rate is 2%

cost of purchase=$6000*(100%-2%)

=$6000*98%

=$5880

4 0

3 years ago

The Starr Co. just paid a dividend of $1.85 per share on its stock. The dividends are expected to grow at a constant rate of 4 p

Natasha2012 [34]

Answer:

Explanation:

Last dividend = $1.85 (D0)

growth rate = 4% (g)

Current year dividend (D1) = 1.85*(1+0.04) = $1.924

r = 12%

Current price = D1/(r-g) = 1.924/(0.12-0.04) = 24.05

Price in 3 years = D4/(r-g) = D0*(1+g)^4/(r-g) = 1.85*1.04^4/0.08 = $27.0529792

Price in 14 years = D14/(r-g) = D0*(1+g)^15/(r-g) = 1.85*1.04^15/0.08 = $41.647

7 0

3 years ago

In order to build alliance management capabilities in small companies, it is recommended that firms take the ______ approach

julia-pushkina [17]

Answer:

non-equity alliance.

Explanation:

In Business management, a strategy can be defined as a set of guiding principles, actions and decisions that an organization combines so as to achieve its business goals, attract customers and possess a competitive advantage over its rivals in the industry.

Generally, a business strategy sets the overall direction for the business because it focuses on defining how a business would achieve its goals, objectives, and mission; as well as the funds and material resources required to implement or execute the business plan. The components of a business strategy includes the following;

I. Mission.

II. Value.

III. Vision.

Hence, when you wish to build alliance management capabilities in small companies, it is highly recommended that business firms take the non-equity alliance approach.

A non-equity alliance approach can be defined as a contractual relationship between two or more organizations that are interested in achieving common goals and objectives by pooling their resources, capabilities and efforts together while respectively maintaining their organizational independence without creating a new corporation or equity entity.

8 0

3 years ago

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What are the three element of business equipment and resource?​

What are the three element of business equipment and resource?