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1 year ago

The process of analyzing the tasks necessary for the production of a product or service is called ______.

Business

1 answer:

VARVARA [1.3K]1 year ago

4 0

The correct answer is work flow design.

To offer team members and stakeholders a high-level overview of each activity involved in a certain process, workflow design entails mapping out all activities and processes in a visual manner.

<h3>How does one develop a workflow design?</h3>

Step 1- How to Create an online workflow:

Step 2- Decide on your resources.

Step 3- Make a list of the tasks that must be completed.

Step 4- Determine who is in charge of each task and assign duties.

Step 5- Make a workflow diagram to see the procedure in action.

Step 6- Try out the process you designed.

Step 7- Introduce the new workflow to your staff.

Step 8- Launch the updated workflow.

To know more about Stakeholders, visit: brainly.com/question/14514176

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Swifty Company reports the following operating results for the month of August: sales $315,000 (units 5,000); variable costs $21

Sloan [31]

Answer:

Net income to be earned = $58,500

Explanation:

The net income to be earned can determined as follows:

Net income = (sales value - Variable costs) - Fixed costs

With an increase in selling price by 10%, the total sales value would now be

Total sales value = 110% × 315,000 =$346,500

Net income therefore would be

= (346,500 - 218,000) - 70,000

= $58,500

Not that the fixed cost will not change because it is independent of volume and also the variable cost has been stated to remain the same.

4 0

3 years ago

Robert treats coffee and creamer as perfect complements and has very specific requirements for the ratio of creamer to coffee. H

diamong [38]

Answer:

a. Robert's optimal consumption bundle contains 9.18 cups of coffee and 45.88 packets of creamer.

b. Zero packets of creamer is the substitution effect.

Explanation:

a. Suppose that Robert has $39.00 to spend on coffee and creamer. His optimal consumption bundle contains _______cups of coffee and _________

The consumption ratio can be stated as follows:

5 Creamer = 1 cup of coffee

Budget line has an equation can also be given as follows:

B = (Pm * Qm) + (Pf * Qf) ...................... (1)

Where;

B = Budget = The amount Robert has to spend on coffee and creamer = $39.00

Pm = Price of creamer = $0.25

Qm = Quantity of creamer = ?

Pf = Price of coffee = $3.00

Qf = Quantity of coffee = ?

39 = (0.25 * Qm) + (3 * Qf)

39 = 0.25Qm + 3Qf

Since "5 Creamer = 1 cup of coffee". This also implies thal 1 creamer = 1 / 5 cup of coffee. Therefore, we have;

39 = 0.25Qm + (3 * 1/5 * Qm)

39 = 0.25Qm + (3/5)Qm

39 = 0.25Qm + 0.60Qm

39 = 0.85Qm

Qm = 39 / 0.85

Qm = 45.88

Qf = 45 / 5 = 9.18

Therefore, Robert's optimal consumption bundle contains 9.18 cups of coffee and 45.88 packets of creamer.

b. Now, suppose that the price of creamer rises to $0.50 per packet. What is the substitution effect of this price change?

Since Robert treats coffee and creamer as perfect complements, this implies that there there is nothing like substitution effect under this condition.

Therefore, zero packets of creamer is the substitution effect.

6 0

3 years ago

kifflom [539]

The similarity of negative growth rate and zero growth rate is that there is no growth towards a positive output. For example, if the business is currently in either state, it is not earning. It may be very stagnant (for zero growth rate) or losing (for negative growth rate). Which either the case may be, it is not beneficial to the business owner.

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3 years ago

Read 2 more answers

1. A creditor's claim to the property of an individual or business is called

skad [1K]

Answer:

c. liabilities.

Explanation:

liabilities are the creditors claims to the assets of the business/property.

7 0

2 years ago

Find m2V. V W (2x + 29) (10x – 27)° Y

bogdanovich [222]

Answer:

31x

17x

Explanation:

we should add 2x+29

we should subtract 10x and 27

8 0

2 years ago