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skelet666 [1.2K]
1 year ago
8

Which of these investments is not a function of the production department?

Business
1 answer:
Rus_ich [418]1 year ago
5 0

Which of these investments is not a function of the production department: wage increases.

<h3>Does wage increase with productivity?</h3>
  • They discover that for average remuneration, a one percentage point increase in productivity growth corresponds to a 0.74 percentage point rise in compensation growth. Similar to median compensation, their estimate deviates from one by a statistically significant amount but not from zero.
  • Prices increase when salaries grow faster than labor productivity while prices decrease when wages grow slower than productivity.
  • Inflation is brought on by wage increases since doing business becomes more expensive as wages rise. Companies must raise the prices for their products and services to offset the cost increase and keep their profitability at the same level.
  • Five tons of labor are produced per hour. Physical productivity growth drives up the value of labor, which in turn drives up to pay.

Which of these investments is not a function of the production department: wage increases.

To learn more about wage increases, refer to:

brainly.com/question/23498945

#SPJ4

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A company that produces pleasure boats has decided to expand one of its lines. Current facilities are insufficient to handle the
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Answer:

A. Lowest Total Cost:

A. 315,550 or more

B. Lowest total cost of annual volume of 120 boats

C. C

Explanation:

The lowest total cost among the three alternatives is b.

If the company goes for new location it will have to incur fixed cost of $270,000 and variable cost per boat will be $600.

If the company Subcontracts then Total cost per boat is $2,620

If a company goes for expanding existing facility then it will incur fixed cost of $57,000 and variable cost will be $1,030 per boat.

If company produces 315,000 or more boats then it will have lowest possible cost for the boat.

For an output of 120 bots the best possible alternative is option C. The fixed cost will be $475 per boat ($57,000 / 120 boats)

The total cost will be $1,505 ($475 + $1,030)

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3 years ago
Which of the following are integral parts of the managerial process of crafting and executing strategy?
iVinArrow [24]

Answer:

The correct answer is a. Developing a strategic vision, setting objectives, and crafting a strategy .

Explanation:

Management has the responsibility of charting the strategic course, establishing a series of objectives that allow it to choose a strategy that allows achieving everything planned. Likewise, the board of directors is responsible for defining and executing such strategies.

The management process has the following stages:

1. Define strategic vision.

2. Set Goals.

3. Develop the strategy.

4. Apply and implement the strategy.

5. Evaluate performance and implement controls.

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3 years ago
Your current account balance is $215. you have $322 of expenses each month. your income is $444 per month. how long will it take
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6 0
3 years ago
Help! I already choose one of the correct answers
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1,D u answered it 2,B 3,A 4,E 5,C
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3 years ago
The law of increasing opportunity costs Multiple Choice applies to land-intensive commodities but not to labor-intensive or capi
yan [13]

Answer:

may limit the extent to which a nation specializes in producing of a particular product.

Explanation:

Opportunity cost also known as the alternative forgone, can be defined as the value, profit or benefits given up by an individual or organization in order to choose or acquire something deemed significant at the time.

Simply stated, it is the cost of not enjoying the benefits, profits or value associated with the alternative forgone or best alternative choice available.

For instance, if you decide to invest resources such as money in a food business (restaurant), your opportunity cost would be the profits you could have earned if you had invested the same amount of resources in a salon business or any other business as the case may be.

The law of increasing opportunity costs can be defined as a principle in business which states that, if an organization or business firm continually raise (increase) its level of production, its opportunity cost also increases (rises).

Consequently, this may limit the extent to which a nation or country in any part of the world specializes in producing of a particular product so as to reduce or lower its opportunity cost.

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2 years ago
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