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Crank
1 year ago
5

Which of the following explain the concept of explicit costs? (Check all that apply.) Multiple select question. A firm's monetar

y payments made for the use of resources owned by others. A firm's monetary payments that self-employed resources could have earned in their best alternative use. A firm's monetary payments to those who supply labor services, materials, fuel, and transportation services. A firm's monetary payments received for the use of resources owned by the firm.
Business
1 answer:
aleksklad [387]1 year ago
4 0

The phrase "explicit costs" refers to a company's monetary payments to individuals who provide labor, materials, fuel, and transportation services as well as payments paid for the use of resources that belong to other people. The correct option is (a) & (c) .

<h3>What is labor specialization?</h3>
  • When businesses separate their production or service process into many fixed tasks, specialization of labor, also known as division of labor, develops.
  • Employees don't complete numerous tasks themselves; instead, they repeat a single step of the production process.
  • The marginal-cost, average-total-cost, and average-variable-cost curves all move up.Y

What is division of labor and specialization in economics?

  • When a worker is specialized, they only carry out a small number of different jobs.
  • In the context of businesses, it alludes to many businesses that specialize in manufacturing various items or services.
  • When a good or service is produced, various workers are assigned to distinct duties. This is known as division of labor.

Learn more about labor specialization

brainly.com/question/1530477

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Focus groups should be comprised of how many people? Three to five people Six to eight people Eight to 12 people 10 to 12 people
gregori [183]

Answer:

3-5 people

Explanation:

It's called a focus group for a reason. If there were 8-12, or 10-12 people, the others might not be able to focus. But there are people who need others to focus, so 3-5 would be a perfect number per group.

hope it helps! :3

6 0
2 years ago
Martin was trying to sell pumps for circulating water in decorative goldfish ponds when he realized that the reason he was not a
Llana [10]

The correct answer would be option A, Change Agent.

After making the change in design, the pumps became lightweight and were better able to meet customers' requirements. As the Change Agent, Martin identified an opportunity, saw the project from its conception to the development of a light model pump.

Explanation:

A person who brings about change in the organization, or who influences or forces to make a change in the product or organization like organizational effectiveness, improvement or development, then this person is called as a Change Agent.

A Change agent is a person who can be from within the organization or can be from outside of the organization.

So Martin, who is an employee of the firm, and trying to sell the firm's product to the customers, identified an opportunity and told the firm to change the model of pump to get more sales. So he acted as a change agent in this example.

Learn more about Change Agent at:

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6 0
2 years ago
Rebecca decides to introduce a new discount strategy to the customers of her restaurant. Before deciding upon the strategy, she
Lera25 [3.4K]

Answer:

encouraging their participation in the decision making process.

Explanation:

There are several theories about how to overcome employees' resistance to change, and most of them have certain concepts in common:

  • encourage employee participation in the process
  • set challenging but achievable goals
  • try to solve conflicts quickly as soon as they arise
  • be positive about the changes
  • stimulate teamwork
  • be a leader

Whenever changes occur, at home or at work, everyone feels better if their opinions and ideas are considered during the process.

3 0
2 years ago
In which performance technique are managers given a total of three statements of performance per dimension and asked to indicate
Lina20 [59]
Umm, could you give me some more things to research so that I can help you.
6 0
2 years ago
Some people believe that the right of privacy should be extended to the workplace. Others feel that, on the contrary, such an ex
PSYCHO15rus [73]

Explanation:

This discussion about organizations monitoring employee behavior can be related to ethical and unethical issues.

The ideal is for the company to have a set of well-defined policies and procedures with regard to the rights and duties of employees, as long as the policies have ethical and legal foundations, which guarantee the right to privacy and human integrity.

Therefore, the monitoring of the employee's behavior must always be related to their functions, and to the fulfillment of internal policies.

6 0
3 years ago
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